Living in Spring Lake Park, Minnesota
Cost of living, income, home prices, rent and demographics of Spring Lake Park · Census data 2020–2024
Spring Lake Park has 7,032 residents with a median age of 39.7. The median household income is $90,753 (about the same as the Minnesota median), the median home value is $290,100, the median rent is $1,413/month.
Spring Lake Park at a glance
- Population
- 7,032
- Median age
- 39.7State: 38.8
- Median household income
- $90,753State: $89,062
- Median home value
- $290,100State: $329,300
- Median rent
- $1,413/moState: $1,280
- Homeowners
- 69.5%
- Bachelor's degree or higher
- 25.6%
- Average commute
- 21 min
Is Spring Lake Park a good place to live?
Pros: Median household income about the same as the Minnesota median; home values 12% lower than the state median; an average commute of 21 minutes; unemployment of 3.5%.
Cons: A poverty rate of 11%.
The weather is best in June to September.
Cost of living in Spring Lake Park
Housing is the biggest part of the cost of living. In Spring Lake Park the median home value is $290,100, 13% lower than the U.S. median. Renters pay a median of $1,413 per month, which is 34.3% of household income. Homeowners with a mortgage pay $1,757 a month in housing costs.
Spring Lake Park median household income
The median household income in Spring Lake Park is $90,753 and the income per person is $38,488. 11% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Spring Lake Park: homes for sale and rent
- Housing units
- 2,654
- Owner-occupied
- 69.5%
- Renter-occupied
- 30.5%
- Vacant
- 0.2%Includes seasonal homes
- Median year built
- 1972
- Average household size
- 2.65
Spring Lake Park demographics
- Population
- 7,032
- Median age
- 39.7
- Under 18
- 19%
- 65 and older
- 19.5%
- Households
- 2,648
- Foreign-born
- 14.3%
- Veterans
- 6%Adults 18+
Hispanic or Latino can be of any race. Population history of Spring Lake Park ›
Education in Spring Lake Park
25.6% of adults 25 and older in Spring Lake Park have a bachelor's degree or higher (Minnesota: 39.4%), and 7.4% have a graduate or professional degree.
Jobs and commute in Spring Lake Park
- Unemployment rate
- 3.5%State: 4.1%
- Average commute
- 21 minState: 23 min
- Work from home
- 14.7%
- Drive alone
- 70.7%
- Public transit
- 1.6%
- Walk to work
- 2.9%
- Homes with broadband
- 89.8%
Spring Lake Park vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Spring Lake Park | 7,032 | $90,753 | $290,100 | $1,413 |
| Mounds View | 12,926 | $90,009 | $324,200 | $1,245 |
| Fridley | 30,241 | $77,680 | $302,900 | $1,326 |
| New Brighton | 22,710 | $88,521 | $364,700 | $1,397 |
| Lexington | 2,770 | $75,347 | $289,800 | $1,573 |
| Blaine | 72,488 | $106,801 | $352,400 | $1,705 |
| Hilltop | 1,053 | $54,306 | $23,900 | $1,127 |
| Columbia Heights | 22,155 | $73,691 | $277,600 | $1,295 |
| Brooklyn Center | 32,479 | $72,535 | $274,300 | $1,376 |
More for people moving to Spring Lake Park
Spring Lake Park ZIP code ›Weather and climate ›Living in Spring Lake Park: FAQ
What is the median household income in Spring Lake Park, MN?
The median household income in Spring Lake Park is $90,753, about the same as the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Spring Lake Park?
The median home value in Spring Lake Park is $290,100, compared with $329,300 in Minnesota.
How much is rent in Spring Lake Park?
The median gross rent in Spring Lake Park is $1,413 per month, about 34.3% of household income.
Is Spring Lake Park, MN a good place to live?
Pluses: median household income about the same as the Minnesota median; home values 12% lower than the state median; an average commute of 21 minutes; unemployment of 3.5%. Minuses: a poverty rate of 11%.
What is the median age in Spring Lake Park?
The median age in Spring Lake Park is 39.7 years (Minnesota: 38.8).
How long is the commute in Spring Lake Park?
The average commute to work in Spring Lake Park is 21 minutes; 14.7% of workers work from home.
What is the unemployment rate in Spring Lake Park?
The unemployment rate in Spring Lake Park is 3.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Spring Lake Park?
25.6% of adults in Spring Lake Park 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.
Last updated: