Also See Spring Lake, IN: ZIP Codes & Maps
The Town of Spring Lake had a population of 205 as of July 1, 2023.
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.
POPULATION | |
---|---|
Total Population | 205 (100%) |
Population in Households | 205 (100.0%) |
Population in Families | 158 (77.1%) |
Population in Group Quarters1 | 0 |
Population Density | 1,343 |
Diversity Index2 | 16 |
INCOME | |
Median Household Income | $77,983 |
Average Household Income | $99,240 |
% of Income for Mortgage4 | 23% |
Per Capita Income | $46,474 |
Wealth Index5 | 85 |
Socioeconomic Status Index6 | Moderate (60.9) |
HOUSING | |
---|---|
Total HU (Housing Units) | 96 (100%) |
Owner Occupied HU | 77 (80.2%) |
Renter Occupied HU | 19 (19.8%) |
Vacant Housing Units | 0 |
Median Home Value | $296,250 |
Average Home Value | $314,935 |
Housing Affordability Index3 | 109 |
HOUSEHOLDS | |
Total Households | 96 |
Average Household Size | 2.14 |
Family Households | 60 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | -0.74% | -1.51% |
Households | -0.63% | -1.28% |
Families | -1.37% | |
Median Household Income | 2.93% | |
Per Capita Income | 2.56% | |
Owner Occupied HU | -1.61% |
The table below compares Spring Lake 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 | # 656 | 33rd |
Population Density | # 315 | 68th |
Median Household Income | # 251 | 74th |
Housing Affordability Index | # 303 | 31st |
Per Capita Income | # 112 | 89th |
Diversity Index | # 522 | 46th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Indiana Census Data Comparison Tool.
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