Population 433 · Census ACS 2020–24
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Median age by neighborhoodHistory and comparison ↓︎
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Population and households in Spring Lake
Household size in Spring Lake
| Period | Spring Lake | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.74 | 2.60 | 2.57 | 2.68 |
| 2010–14 | 2.45 | 2.63 | 2.59 | 2.73 |
| 2015–19 | 2.65 | 2.63 | 2.57 | 2.71 |
| 2020–24 | 2.51 | 2.59 | 2.54 | 2.65 |
| Change | −0.23 | −0.01 | −0.03 | −0.03 |
Households in Spring Lake run a little small, averaging 2.51 people against 2.65 nationally, which usually means more singles and couples and fewer children. The Indianapolis area as a whole looks much the same. Since 2006–10, household size has dropped from 2.74, but in a place this small, survey estimates can swing a lot from one release to the next.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Spring Lake
| Period | Spring Lake | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 40.6 | 36.3 | 37.5 | 37.7 |
| 2010–14 | 43.7 | 37.0 | 38.4 | 38.6 |
| 2015–19 | 49.3 | 37.7 | 39.1 | 39.6 |
| 2020–24 | 35.8 | 38.2 | 39.3 | 40.1 |
| Change | −4.9 | +1.9 | +1.7 | +2.3 |
With a median age of just 35.8, Spring Lake is far younger than the country as a whole (40.1), a population that tilts toward young adults, many of them living alone or as couples.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Spring Lake
| Period | Spring Lake | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 7.8% | 12.7% | 11.8% | 12.3% |
| 2010–14 | 11.8% | 12.8% | 12.0% | 12.3% |
| 2015–19 | 9.6% | 12.0% | 11.6% | 11.6% |
| 2020–24 | 6.9% | 11.8% | 11.7% | 11.6% |
| Change | −0.9 pts | −0.9 pts | −0.1 pts | −0.6 pts |
Single-parent households are relatively rare in Spring Lake: 6.9% of households, against 11.6% nationally.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Spring Lake
Renters in Spring Lake
| Period | Spring Lake | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 15.8% | 31.4% | 28.5% | 33.3% |
| 2010–14 | 10.6% | 34.2% | 30.5% | 35.6% |
| 2015–19 | 17.5% | 34.8% | 30.9% | 36.0% |
| 2020–24 | 21.2% | 33.2% | 29.4% | 34.8% |
| Change | +5.4 pts | +1.8 pts | +1.0 pts | +1.5 pts |
Only 21.2% of households in Spring Lake rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Just over a third of owners (35.3%) have paid off their mortgages, below the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Spring Lake
| Period | Spring Lake | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 9.1% | 11.2% | 11.2% | 11.4% |
| 2010–14 | 7.4% | 10.6% | 11.2% | 11.4% |
| 2015–19 | 13.3% | 9.6% | 10.9% | 11.1% |
| 2020–24 | 6.6% | 8.0% | 9.3% | 9.6% |
| Change | −2.5 pts | −3.2 pts | −2.0 pts | −1.8 pts |
Fewer homes sit empty in Spring Lake than nationally: 6.6%, against 9.6% for the U.S. The Indianapolis area as a whole looks much the same.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Spring Lake
| Period | Spring Lake | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 1970 | 1978 | 1972 | 1974 |
| 2010–14 | 1974 | 1979 | 1973 | 1975 |
| 2015–19 | 1972 | 1980 | 1974 | 1977 |
| 2020–24 | 1979 | 1982 | 1977 | 1980 |
| Change | +9 | +5 | +5 | +6 |
Homes in Spring Lake are about the same age as the nation's housing: the median home was built in 1979, versus 1980 nationally.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Spring Lake
| Period | Spring Lake | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | $783 | $877 | $763 | $965 |
| 2010–14 | $876 | $946 | $819 | $1,040 |
| 2015–19 | $1,182 | $1,060 | $903 | $1,213 |
| 2020–24 | $1,133 | $1,368 | $1,146 | $1,571 |
| Change | +$350 | +$492 | +$384 | +$606 |
Rent in Spring Lake runs $1,133 a month at the median, utilities included, well below the U.S. median of $1,571. The typical renter here spends 30.9% of household income on rent, just over the 30% mark often used to define affordable rent.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Spring Lake
Bachelor's degrees in Spring Lake
| Period | Spring Lake | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 17.9% | 30.9% | 23.8% | 28.4% |
| 2010–14 | 24.2% | 31.8% | 24.6% | 29.6% |
| 2015–19 | 31.1% | 35.2% | 27.1% | 32.1% |
| 2020–24 | 40.9% | 38.6% | 30.0% | 35.6% |
| Change | +23.0 pts | +7.7 pts | +6.2 pts | +7.2 pts |
About four in ten adults 25 and older in Spring Lake (40.9%) have a bachelor's degree or higher, a bit above the national share of 35.6%. The picture is much the same across the Indianapolis area.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Spring Lake
| Period | Spring Lake | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 93.3% | 88.1% | 86.5% | 84.9% |
| 2010–14 | 94.8% | 88.9% | 87.7% | 86.1% |
| 2015–19 | 90.2% | 89.6% | 88.7% | 87.7% |
| 2020–24 | 95.8% | 90.8% | 89.9% | 89.3% |
| Change | +2.5 pts | +2.8 pts | +3.4 pts | +4.3 pts |
High school completion is high in Spring Lake: 95.8% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Spring Lake
| Period | Spring Lake | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 6.7% | 7.9% | 8.4% | 8.1% |
| 2010–14 | 5.1% | 9.0% | 8.9% | 9.4% |
| 2015–19 | 1.4% | 4.9% | 4.9% | 5.6% |
| 2020–24 | 2.6% | 4.1% | 4.3% | 5.4% |
| Change | −4.1 pts | −3.7 pts | −4.1 pts | −2.7 pts |
Unemployment in Spring Lake has been low: just 2.6% of the labor force was out of work and looking, well below the national rate of 5.4%. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Spring Lake compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Spring Lake | 2.51 | 35.8 | 6.9% | 21.2% | 6.6% | 1979 | $1,133 | 40.9% | 95.8% | 2.6% |
| Philadelphia | 2.37 | 51.5 | 3.5% | 15.3% | 4.8% | 1992 | $1,206 | 29.4% | 98.2% | 1.9% |
| Gem | 2.50 | 40.3 | 5.7% | 15.1% | 2.0% | 1979 | $1,401 | 44.0% | 97.0% | 4.3% |
| New Palestine | 2.67 | 41.2 | 5.0% | 11.3% | 4.2% | 1988 | $1,124 | 43.5% | 95.7% | 2.4% |
| Mount Comfort | 2.82 | 36.3 | 13.0% | 14.4% | 2.3% | 1987 | $1,776 | 44.6% | 99.3% | 4.3% |
| Greenfield | 2.41 | 41.4 | 8.7% | 27.3% | 3.4% | 1987 | $1,342 | 29.6% | 93.6% | 2.7% |
| Cumberland | 2.42 | 39.2 | 7.9% | 29.2% | 3.4% | 1983 | $1,480 | 25.5% | 90.1% | 3.2% |
| Mohawk | 2.50 | 46.9 | 3.5% | 13.8% | 4.0% | 1984 | $1,250 | 38.8% | 97.4% | 2.6% |
| Fountaintown | 2.81 | 42.6 | 6.1% | 7.8% | 4.5% | 1983 | $1,045 | 37.1% | 95.0% | 3.7% |
| Finly | 2.38 | 34.0 | 8.2% | 44.1% | 8.5% | 1990 | $1,352 | 22.9% | 91.7% | 3.3% |
| Maxwell | 2.47 | 37.4 | 7.4% | 33.4% | 6.9% | 1987 | $1,139 | 27.0% | 92.2% | 3.3% |
All figures 2020–24.
Cities with similar populations: Rose Hill, OH · Roaring Creek, NC · Rock Island, TX · Rockbridge, IL · Rockhill, PA · Rockvale, MT · RoEllen, TN · Roeton, AL · Rolling Hills, IN · Romance, WV
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Spring Lake. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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