Living in Spring Lake, Utah
Cost of living, income, home prices, rent and demographics of Spring Lake · Census data 2020–2024
Spring Lake has 657 residents with a median age of 28.4. The median household income is $94,936 (about the same as the Utah median), the median home value is $554,900.
Spring Lake is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Spring Lake at a glance
- Population
- 657
- Median age
- 28.4State: 32
- Median household income
- $94,936State: $95,166
- Median home value
- $554,900State: $489,400
- Homeowners
- 92.3%
- Bachelor's degree or higher
- 34.5%
- Average commute
- 14 min
Is Spring Lake a good place to live?
Pros: An average commute of 14 minutes; unemployment of 2%; a poverty rate of 0.8%.
Cons: Median household income about the same as the Utah median; home values 13% higher than the state median.
The weather is best in May–June and August–September.
Cost of living in Spring Lake
Housing is the biggest part of the cost of living. In Spring Lake the median home value is $554,900, 67% higher than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,973 a month in housing costs.
Spring Lake median household income
The median household income in Spring Lake is $94,936 and the income per person is $39,749. 0.8% of residents live below the poverty line (Utah: 8.5%).
Housing in Spring Lake: homes for sale and rent
- Housing units
- 168
- Owner-occupied
- 92.3%
- Renter-occupied
- 7.7%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1955
- Average household size
- 3.91
Spring Lake demographics
- Population
- 657
- Median age
- 28.4
- Under 18
- 37.7%
- 65 and older
- 8.7%
- Households
- 168
- Foreign-born
- 6.2%
- Veterans
- 18.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Spring Lake ›
Education in Spring Lake
34.5% of adults 25 and older in Spring Lake have a bachelor's degree or higher (Utah: 37.7%), and 13.8% have a graduate or professional degree.
Jobs and commute in Spring Lake
- Unemployment rate
- 2%State: 3.6%
- Average commute
- 14 minState: 22 min
- Work from home
- 16.9%
- Drive alone
- 72.3%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 100%
Spring Lake vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Spring Lake | 657 | $94,936 | $554,900 | — |
| Payson | 23,039 | $89,905 | $429,600 | $1,549 |
| West Mountain | 1,282 | $111,791 | $658,100 | — |
| Santaquin | 16,436 | $99,837 | $465,100 | $1,397 |
| Elk Ridge | 4,898 | $143,167 | $614,800 | — |
| Woodland Hills | 1,559 | $151,964 | $812,500 | $1,750 |
| Genola | 1,842 | $126,667 | $638,300 | $2,071 |
| Salem | 10,324 | $111,117 | $605,700 | $1,592 |
| Benjamin | 864 | $69,632 | $687,500 | $1,401 |
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, UT?
The median household income in Spring Lake is $94,936, about the same as the Utah median of $95,166 (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 $554,900, compared with $489,400 in Utah.
Is Spring Lake, UT a good place to live?
Pluses: an average commute of 14 minutes; unemployment of 2%; a poverty rate of 0.8%. Minuses: median household income about the same as the Utah median; home values 13% higher than the state median.
What is the median age in Spring Lake?
The median age in Spring Lake is 28.4 years (Utah: 32).
How long is the commute in Spring Lake?
The average commute to work in Spring Lake is 14 minutes; 16.9% of workers work from home.
What is the unemployment rate in Spring Lake?
The unemployment rate in Spring Lake is 2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Spring Lake?
34.5% 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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