Spring Lake vs Franklin
Side-by-side comparison
How does Spring Lake, MI compare to Franklin, MI? Spring Lake has a population of 2,530 with a median household income of $75,000, while Franklin has 2,610 residents and a median income of $176,571. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Spring Lake, MI | Franklin, MI | Difference |
|---|---|---|---|
| Population | 2,530 | 2,610 | -3.1% |
| Median Age | 56.5 | 49.6 | +13.9% |
| Foreign Born % | 1.8% | 9% | -80.0% |
| Metric | Spring Lake | Franklin | Difference |
|---|---|---|---|
| Median Income | $75,000 | $176,571 | -57.5% |
| Unemployment | 2% | 1.9% | +5.3% |
| Poverty Rate | 7.9% | 2.3% | +243.5% |
| Bachelor's+ | 42.2% | 80.3% | -47.4% |
| Metric | Spring Lake | Franklin | Difference |
|---|---|---|---|
| Home Value | $271,100 | $696,700 | -61.1% |
| Median Rent | $947/mo | $3175/mo | -70.2% |
| Housing Units | 1,415 | 1,100 | +28.6% |