Spring Hills, IN Profile: Facts & Data

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Spring Hills, Indiana - Basic Facts

The Town of Spring Hill had a population of 126 as of July 1, 2023. Spring Hills ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Indiana. See peer rankings below.

The primary coordinate point for Spring Hills is located at latitude 39.8362 and longitude -86.1936 in Marion County. The formal boundaries for the Town of Spring Hill encompass a land area of 0.11 sq. miles and a water area of 0 sq. miles. Marion County is in the Eastern time zone (GMT -5).

The Town of Spring Hill 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 Hill is located within Township of Washington, a minor civil division (MCD) of Marion County.


Jump to... (On This Page!)
  1. Spring Hills 2023 Demographic Data
  2. Growth Rates for Spring Hills (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 - 2023 Demographics
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Spring Hills, IN Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 126 (100%)
Population in Households 126 (100.0%)
Population in Families 52 (41.3%)
Population in Group Quarters1 0
Population Density 1,177
Diversity Index2 43
 
 

INCOME

Median Household Income $77,778
Average Household Income $118,830
% of Income for Mortgage4 0%
Per Capita Income $50,927
Wealth Index5 84
Socioeconomic Status Index6 High (66.6)
 

HOUSING

Total HU (Housing Units) 60 (100%)
Owner Occupied HU 33 (55.0%)
Renter Occupied HU 21 (35.0%)
Vacant Housing Units 6 ( 10.0%)
Median Home Value $268,750
Average Home Value $318,939
Housing Affordability Index3 0
 

HOUSEHOLDS

Total Households 54
Average Household Size 2.33
Family Households 16
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

2020-2023 2023-2028
Population 9.08% -0.16%
Households 0.00% 0.00%
Families   -4.07%
Median Household Income   2.94%
Per Capita Income   2.53%
Owner Occupied HU   0.00%

Spring Hills, IN - Peer Comparisons by Rank and Percentile

The table below compares Spring Hills to the other 973 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2023 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 # 766 21st
Population Density # 377 61st
Median Household Income # 253 74th
Housing Affordability Index # 18 2nd
Per Capita Income # 69 93rd
Diversity Index # 98 90th

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

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