Living in Spring Lake, North Carolina
Cost of living, income, home prices, rent and demographics of Spring Lake · Census data 2020–2024
Spring Lake has 11,573 residents with a median age of 26.1. The median household income is $51,958 (28% lower than the North Carolina median), the median home value is $124,000, the median rent is $1,351/month.
Spring Lake at a glance
- Population
- 11,573
- Median age
- 26.1State: 39.1
- Median household income
- $51,958State: $72,388
- Median home value
- $124,000State: $288,900
- Median rent
- $1,351/moState: $1,228
- Homeowners
- 19.8%
- Bachelor's degree or higher
- 25.2%
- Average commute
- 19 min
Is Spring Lake a good place to live?
Pros: Home values 57% lower than the state median; an average commute of 19 minutes.
Cons: Median household income 28% lower than the North Carolina median; unemployment of 5.4%; a poverty rate of 17.7%.
The weather is best in April–May and September–October.
Cost of living in Spring Lake
Housing is the biggest part of the cost of living. In Spring Lake the median home value is $124,000, 63% lower than the U.S. median. Renters pay a median of $1,351 per month, which is 30.6% of household income. Homeowners with a mortgage pay $1,138 a month in housing costs.
Spring Lake median household income
The median household income in Spring Lake is $51,958 and the income per person is $25,899. 17.7% of residents live below the poverty line (North Carolina: 13%).
Housing in Spring Lake: homes for sale and rent
- Housing units
- 5,393
- Owner-occupied
- 19.8%
- Renter-occupied
- 80.2%
- Vacant
- 16.2%Includes seasonal homes
- Median year built
- 1990
- Average household size
- 2.39
Spring Lake demographics
- Population
- 11,573
- Median age
- 26.1
- Under 18
- 25.2%
- 65 and older
- 7.9%
- Households
- 4,519
- Foreign-born
- 7.7%
- Veterans
- 21.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Spring Lake ›
Education in Spring Lake
25.2% of adults 25 and older in Spring Lake have a bachelor's degree or higher (North Carolina: 35.7%), and 6.6% have a graduate or professional degree.
Jobs and commute in Spring Lake
- Unemployment rate
- 5.4%State: 4.7%
- Average commute
- 19 minState: 25 min
- Work from home
- 3.3%
- Drive alone
- 72.6%
- Public transit
- 0%
- Walk to work
- 8.4%
- Homes with broadband
- 91%
Spring Lake vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Spring Lake | 11,573 | $51,958 | $124,000 | $1,351 |
| Anderson Creek | 13,927 | $87,287 | $282,200 | $1,251 |
| Spout Springs | 11,242 | $92,402 | $358,500 | $2,010 |
| Fayetteville | 210,815 | $58,407 | $188,000 | $1,250 |
| Barbecue | 5,910 | $79,426 | $219,800 | $1,383 |
| Eastover | 3,666 | $85,156 | $241,600 | $888 |
| Rockfish | 3,574 | $64,476 | $199,900 | $1,274 |
| Wade | 518 | $70,938 | $215,000 | — |
| Linden | 129 | $66,250 | $150,000 | $788 |
More for people moving to Spring Lake
Spring Lake ZIP code ›Weather and climate ›Living in Spring Lake: FAQ
What is the median household income in Spring Lake, NC?
The median household income in Spring Lake is $51,958, 28% lower than the North Carolina median of $72,388 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Spring Lake?
The median home value in Spring Lake is $124,000, compared with $288,900 in North Carolina.
How much is rent in Spring Lake?
The median gross rent in Spring Lake is $1,351 per month, about 30.6% of household income.
Is Spring Lake, NC a good place to live?
Pluses: home values 57% lower than the state median; an average commute of 19 minutes. Minuses: median household income 28% lower than the North Carolina median; unemployment of 5.4%; a poverty rate of 17.7%.
What is the median age in Spring Lake?
The median age in Spring Lake is 26.1 years (North Carolina: 39.1).
How long is the commute in Spring Lake?
The average commute to work in Spring Lake is 19 minutes; 3.3% of workers work from home.
What is the unemployment rate in Spring Lake?
The unemployment rate in Spring Lake is 5.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Spring Lake?
25.2% of adults in Spring Lake 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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