Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 55.0 yrs |
|---|---|
| Avg HH Size | 2.02 |
| Below Poverty | 5.1% ▼ 49% below avg |
| College Grads | 70.9% ▲ 83% above avg |
| Unemployment | 4.5% ≈ Avg |
| No HS Diploma | 81 (1.3%) |
| HS Graduate | 835 (13.5%) |
| Some College | 331 (5.3%) |
| Associates | 558 (9%) |
| Bachelors | 441 (7.1%) |
| Graduate Degree | 3,947 (63.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $103,947 ▲ 36% above avg |
|---|---|
| Median Home Value | $871,400 ▲ 213% above avg |
| Home/Income Ratio | 8.4x (nat avg ~3.5x) |
| Median Rent | $1,775/mo |
| Total Housing Units | 5,109 |
| Vacant Units | 1,075 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Spring Lake is a city in New Jersey, located in Monmouth County. The city spans 1 ZIP code and is home to approximately 8,205 residents. It is an older city, with a median age of 55 years.
Economically, Spring Lake is a upper-middle-income community. The median household income of $103,947 is above the national average. Approximately 5.1% of residents live below the poverty line. The unemployment rate is 4.5%, near the national average.
The real estate market in Spring Lake is among the most expensive housing markets in the country. Median home values stand at $871,400, which is more than double the national average. Renters typically pay around $1,775 per month. Homeownership is high at 65.4%, typical of suburban and family-oriented communities.
The population of Spring Lake is highly educated. 70.9% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (92.36%).
Spring Lake, NJ offers residents above-average earning potential within New Jersey.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 07762 | 8,205 | $103,947 | $871,400 | $1,775 | 4.5% | 70.9% | 65.4% |