Spring Lake, IN Profile: Facts & Data

Advertisement

Spring Lake Local Links & Resources:
Resources | ALL Spring Lake Content
Planning to visit Spring Lake? See Local Hotels

Also See Spring Lake, IN: ZIP Codes & Maps

Spring Lake, Indiana - Basic Facts

The Town of Spring Lake had a population of 208 as of July 1, 2024.

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 Town of Spring Lake 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.

The Town of Spring Lake is located within Township of Sugar Creek, a minor civil division (MCD) of Hancock County.


Jump to... (On This Page!)
  1. Spring Lake 2024 Demographic Data
  2. Growth Rates for Spring Lake (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Indiana Research Tools (Easy Tools & Current Data)
  3. Indiana Data Comparison Tool - 2024 Demographics
Advertisement

Spring Lake, IN Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 208 (100%)
Population in Households 208 (100.0%)
Population in Families 178 (85.6%)
Population in Group Quarters1 0
Population Density 1,362
Diversity Index2 14
 
 

INCOME

Median Household Income $94,972
Average Household Income $118,686
% of Income for Mortgage4 24%
Per Capita Income $55,349
Wealth Index5 147
Socioeconomic Status Index6 High (68.0)
 

HOUSING

Total HU (Housing Units) 97 (100%)
Owner Occupied HU 83 (85.6%)
Renter Occupied HU 14 (14.4%)
Vacant Housing Units 0
Median Home Value $366,129
Average Home Value $385,843
Housing Affordability Index3 104
 

HOUSEHOLDS

Total Households 97
Average Household Size 2.14
Family Households 71
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2024 2024-2029
Population -0.22% -0.78%
Households -0.24% 0.00%
Families   -1.15%
Median Household Income   4.80%
Per Capita Income   4.03%
Owner Occupied HU   -0.98%

Spring Lake, IN - Peer Comparisons by Rank and Percentile

The table below compares Spring Lake to the other 976 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2024 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.

Variable Description Rank Percentile
Total Population # 664 32nd
Population Density # 314 68th
Median Household Income # 136 86th
Housing Affordability Index # 325 33rd
Per Capita Income # 51 95th
Diversity Index # 626 36th

Additional comparisons and rankings can be made with a VERY EASY TO USE Indiana Census Data Comparison Tool.

Spring Lake, IN - Most Popular Things to Do

Also See: Nearby Hotels | Driving Directions

Use HTL Address Research for a Indiana Address and get...

Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2024, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


Quick & Easy Ways to...

  1. Get Current Demographic Data for Cities, Towns, and ZIP Codes
  2. View Boundary Maps, for Cities, Towns, and ZIP Codes
  3. Locate Physical, Cultural, and Historical Features

Indiana Census Data Comparison Tool

Compare Indiana July 1, 2024 Data
Data:
Locations:
Highest or Lowest:
Results:
Advertisement