Living in Spring Grove, Indiana
Cost of living, income, home prices, rent and demographics of Spring Grove · Census data 2020–2024
Spring Grove has 464 residents with a median age of 37.3. The median household income is $58,359 (19% lower than the Indiana median), the median home value is $126,900, the median rent is $437/month.
Spring Grove is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Spring Grove at a glance
- Population
- 464
- Median age
- 37.3State: 38.1
- Median household income
- $58,359State: $71,957
- Median home value
- $126,900State: $218,200
- Median rent
- $437/moState: $1,062
- Homeowners
- 68.5%
- Bachelor's degree or higher
- 22.1%
- Average commute
- 21 min
Is Spring Grove a good place to live?
Pros: Home values 42% lower than the state median; an average commute of 21 minutes.
Cons: Median household income 19% lower than the Indiana median; unemployment of 6.5%; a poverty rate of 21.3%.
The weather is best in May–June and August–September.
Cost of living in Spring Grove
Housing is the biggest part of the cost of living. In Spring Grove the median home value is $126,900, 62% lower than the U.S. median. Renters pay a median of $437 per month, which is 27.4% of household income. Homeowners with a mortgage pay $978 a month in housing costs.
Spring Grove median household income
The median household income in Spring Grove is $58,359 and the income per person is $33,079. 21.3% of residents live below the poverty line (Indiana: 12.3%).
Housing in Spring Grove: homes for sale and rent
- Housing units
- 204
- Owner-occupied
- 68.5%
- Renter-occupied
- 31.5%
- Vacant
- 3.4%Includes seasonal homes
- Median year built
- 1956
- Average household size
- 2.02
Spring Grove demographics
- Population
- 464
- Median age
- 37.3
- Under 18
- 19%
- 65 and older
- 27.8%
- Households
- 197
- Foreign-born
- 1.3%
- Veterans
- 7.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Spring Grove ›
Education in Spring Grove
22.1% of adults 25 and older in Spring Grove have a bachelor's degree or higher (Indiana: 29.5%), and 9.8% have a graduate or professional degree.
Jobs and commute in Spring Grove
- Unemployment rate
- 6.5%State: 4.3%
- Average commute
- 21 minState: 24 min
- Work from home
- 4.2%
- Drive alone
- 60.6%
- Public transit
- 8.5%
- Walk to work
- 3.3%
- Homes with broadband
- 96.4%
Spring Grove vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Spring Grove | 464 | $58,359 | $126,900 | $437 |
| Richmond | 35,581 | $45,399 | $114,400 | $822 |
| Webster | 132 | $75,565 | $95,100 | — |
| New Paris | 1,582 | $38,527 | $86,800 | $733 |
| Centerville | 2,772 | $49,688 | $149,200 | $839 |
| Fountain City | 702 | $47,802 | $96,200 | $671 |
| Boston | 246 | $70,893 | $75,500 | $923 |
| Greens Fork | 436 | $74,875 | $96,300 | $1,063 |
| Abington | 175 | $65,481 | $423,000 | — |
More for people moving to Spring Grove
Spring Grove ZIP code ›Weather and climate ›Living in Spring Grove: FAQ
What is the median household income in Spring Grove, IN?
The median household income in Spring Grove is $58,359, 19% lower than the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Spring Grove?
The median home value in Spring Grove is $126,900, compared with $218,200 in Indiana.
How much is rent in Spring Grove?
The median gross rent in Spring Grove is $437 per month, about 27.4% of household income.
Is Spring Grove, IN a good place to live?
Pluses: home values 42% lower than the state median; an average commute of 21 minutes. Minuses: median household income 19% lower than the Indiana median; unemployment of 6.5%; a poverty rate of 21.3%.
What is the median age in Spring Grove?
The median age in Spring Grove is 37.3 years (Indiana: 38.1).
How long is the commute in Spring Grove?
The average commute to work in Spring Grove is 21 minutes; 4.2% of workers work from home.
What is the unemployment rate in Spring Grove?
The unemployment rate in Spring Grove is 6.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Spring Grove?
22.1% of adults in Spring Grove have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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