Spring Lake

Population: 215
Median household income: $59,583
Median home value: $155,500

Located in Hancock County, Indiana, Spring Lake is a community with a population of 215. Its median household income of $59,583 runs below the Hancock County figure of $91,326.

From 2019 to 2023, Spring Lake's population held roughly steady from 214 to 215, while its median home value rose 18.1% from $131,700 to $155,500.

14.1% of adults 25 and older hold a bachelor's degree or higher. Owners occupy 95.0% of the area's occupied homes.

Demographics

ACS 2019–2023

Population: 215
Median age: 64.1 yrs
Median household income: $59,583
Median home value: $155,500
Median gross rent: —
Housing units: 121
Homeownership rate: 95.0%
Bachelor's degree or higher: 14.1%
Unemployment rate: 3.2%

Trends

ACS 5-year · 2019–2023

Population

214215

Median household income

$64,375$59,583

Median home value

$131,700$155,500

Median gross rent

$933$1,000

Year	Population	Median household income	Median home value	Median gross rent
2019	214	$64,375	$131,700	$933
2020	253	—	$98,800	$940
2021	231	$40,156	$110,600	$1,000
2022	224	$43,958	$133,600	—
2023	215	$59,583	$155,500	—

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 51.4%

5 to 171.4%

18 to 2411.6%

25 to 347.9%

35 to 442.8%

45 to 548.4%

55 to 6420.9%

65 to 7432.1%

75 and over13.5%

	Count	Share
Under 5	3	1.4%
5 to 17	3	1.4%
18 to 24	25	11.6%
25 to 34	17	7.9%
35 to 44	6	2.8%
45 to 54	18	8.4%
55 to 64	45	20.9%
65 to 74	69	32.1%
75 and over	29	13.5%

Race & ethnicity

	Count	Share
White (non-Hispanic)	210	97.7%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	2	0.9%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	0	0.0%
Hispanic or Latino (any race)	3	1.4%

Educational attainment (age 25+)

No high school diploma7.6%

High school graduate49.5%

Some college or associate's28.8%

Bachelor's degree8.7%

Graduate or professional degree5.4%

	Count	Share
No high school diploma	14	7.6%
High school graduate	91	49.5%
Some college or associate's	53	28.8%
Bachelor's degree	16	8.7%
Graduate or professional degree	10	5.4%

Commute to work

Mean travel time to work: 28 min

Drove alone78.0%

Carpooled8.8%

Public transit0.0%

Walked0.0%

Bicycle0.0%

Worked from home13.2%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	71	78.0%
Carpooled	8	8.8%
Public transit	0	0.0%
Walked	0	0.0%
Bicycle	0	0.0%
Worked from home	12	13.2%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	19	24.1%
15 to 29 min	24	30.4%
30 to 44 min	22	27.8%
45 to 59 min	8	10.1%
60+ min	6	7.6%

Households

Average household size: 1.78
Poverty rate: 0.9% (2 of 215)

	Count	Share
Family households	53	43.8%
Nonfamily households	68	56.2%

Housing

Median year structure built: 1956

Occupancy

	Count	Share
Occupied	121	100.0%
Vacant	0	0.0%

Tenure (of occupied units)

	Count	Share
Owner-occupied	115	95.0%
Renter-occupied	6	5.0%

1-unit, detached100.0%

1-unit, attached0.0%

2 to 4 units0.0%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	121	100.0%
1-unit, attached	0	0.0%
2 to 4 units	0	0.0%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	0	0.0%

Geography

Place GEOID: 1872296
Type (LSAD): 43
Land area: 0.15 sq mi
Water area: 0.01 sq mi
Center point: 39.7772, -85.8559