Spring Lake Park, Minnesota Housing

Spring Lake Park, Minnesota has a population of 7,150, with a median household income of $68,400.

Current housing data for Spring Lake Park.

$275,000

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Population

7,150

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Median Income

$68,400

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Unemployment

3.50%

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Housing Price

$275,000

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Crime Rate

21.80

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Internet Speed

1000.00 Mbps

Spring Lake Park, located in Minnesota, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Spring Lake Park has a population of 7,150, which is higher than the state average. This indicates a relatively larger urban presence within Minnesota.

Income and Economy

The median household income in Spring Lake Park is $68,400, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Spring Lake Park average around $275,000, which is relatively high compared to other cities in Minnesota.

Employment and Safety

The unemployment rate in Spring Lake Park is 3.50%, which is lower than the state average, indicating a relatively strong job market. Crime rates in Spring Lake Park are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Minnesota, Spring Lake Park shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Minnesota, Spring Lake Park contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Spring Lake Park

What is the population of Spring Lake Park?

The population of Spring Lake Park is approximately 7,150.

Is Spring Lake Park a good place to live?

Spring Lake Park offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Spring Lake Park?

The median household income in Spring Lake Park is around $68,400.

How expensive is housing in Spring Lake Park?

The average housing price in Spring Lake Park is approximately $275,000.