The Town of Spring Lake had a population of 240 as of July 1, 2020.
The primary coordinate point for Spring Lake is located at latitude 39.7767 and longitude -85.853 in Hancock County. The formal boundaries for the Town of Spring Lake encompass a land area of 0.15 sq. miles and a water area of 0.01 sq. miles. Hancock County is in the Eastern time zone (GMT -5). The elevation is 850 feet.
The Town of Spring Lake (GNIS ID: 2397675) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
Alternate Unofficial Names for Spring Lake: Spring Lake Park.
|Total Population||240 (100%)|
|Population in Households||240 (100.0%)|
|Population in Families||205 (85.4%)|
|Population in Group Quarters1||0|
|Median Household Income||$77,771|
|Average Household Income||$91,048|
|% of Income for Mortgage4||11%|
|Per Capita Income||$36,088|
|Total HU (Housing Units)||109 (100%)|
|Owner Occupied HU||88 (80.7%)|
|Renter Occupied HU||18 (16.5%)|
|Vacant Housing Units||2 ( 1.8%)|
|Median Home Value||$205,357|
|Average Home Value||$230,618|
|Housing Affordability Index3||243|
|Average Household Size||2.24|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||1.97%|
|Per Capita Income||2.06%|
|Owner Occupied HU||1.11%|
The table below compares Spring Lake to the other 679 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
|Total Population||# 578||15th|
|Population Density||# 244||64th|
|Median Household Income||# 57||92nd|
|Housing Affordability Index||# 248||37th|
|Per Capita Income||# 65||91st|
|Diversity Index||# 388||43rd|
Additional comparisons and rankings can be made with a VERY EASY TO USE Indiana Census Data Comparison Tool.