Spring Lake is a small town of 224 in Indiana, with a median household income of $43,958
and a 4.9% unemployment rate.
Its cost of living index is 95 (US average = 100), which is
5% below the national average.
Strengths:
Spring Lake stands out for an affordable cost of living, below-average home prices.
Trade-offs:
No major red flags stand out in the available data. Whether Spring Lake is right for you depends on your priorities — the full breakdown is below.
All Spring Lake city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 94.6
Spring Lake's overall cost of living index is 94.6,
where 100 represents the US national average.
Living in Spring Lake costs roughly 5% less than the average American city.
Metric
Spring Lake, IN
National Avg
Median Home Value
$133,600
$244,900
Median Monthly Rent
N/A
$1,163
Homeownership Rate
95.4%
65.9%
Median Household Income
$43,958
$74,755
Crime & Safety
Very Safe
Spring Lake's violent crime rate is 140.7 per 100,000 residents
— 63% lower than the national average of ~380 per 100,000.
Violent Crime
140.7 /100k
Property Crime
580.8 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Metric
Spring Lake, IN
National Avg
School District
N/A
—
Elementary Schools
N/A
—
Middle Schools
N/A
—
High Schools
N/A
—
Student/Teacher Ratio
N/A
16:1
Bachelor's Degree or Higher
12.3%
35.4%
High School Diploma or Higher
91.3%
91.1%
Weather & Climate
Spring Lake sees average highs of 34.8°F in January
and 84.3°F in July,
with 47.8 inches of annual precipitation
and 20.2 inches of snow per year.
Spring Lake's cost of living index is 95, where 100 is the national average.
That makes Spring Lake roughly 5% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $133,600 and median rent is N/A/month.
Spring Lake's violent crime rate is 140.7 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 580.8 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Spring Lake, IN has a population of 224, a median household income of $43,958, and an unemployment rate of 4.9%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Spring Lake averages 34.8°F in January and 84.3°F in July. Annual rainfall is 47.8 inches
with about 20.2 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
The population of Spring Lake, Indiana is 224 with a median age of 64.2. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Spring Lake: cost of living index 95 (100 = US average), median home $133,600, median household income $43,958, crime index 33 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Spring Lake side by side with your current city to see the trade-offs.
