Spring Lake, MI
Population 2,530 · Michigan
About Spring Lake, MI
Spring Lake is a small town located in Michigan with a population of 2,530 residents according to the latest US Census Bureau American Community Survey data. The median household income is $75,000 per year, which is 0% below the national median of $75,149. The median age of 56.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Spring Lake features a median home value of $271,100, which is 11% above the national median of $244,900. This positions Spring Lake in a moderately priced market relative to the rest of the country. Median monthly rent is $947, 19% below the national average of $1,163/month. Of the 1,415 total housing units, 88% are owner-occupied (1,120 units) and 12% are renter-occupied (152 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Spring Lake shows an unemployment rate of 2.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 7.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Spring Lake have an average one-way commute time of 24.7 minutes.
Education & Demographics
42.2% of Spring Lake residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.4% White, 2.3% Hispanic or Latino, 0.4% Black or African American, and 0.0% Asian residents, with 1.8% of the population being foreign-born.
Cost of Living in Spring Lake, MI
Compared to national averages, Spring Lake has a median household income of $75,000 (0% below the national median of $75,149). Home values average $271,100, which is 11% above the national median. Monthly rent at $947 is 19% below the US average of $1,163. Within Michigan, Spring Lake's income is 14% above the state average of $66,017, and home values are 48% above the state median of $183,391.
Why Live in Spring Lake, MI?
Spring Lake offers rent that’s lower than the national average at $947/month, and a strong job market with an unemployment rate of just 2.0%, and a well-educated community where 42.2% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 7.9%, better than the national average, and short commute times averaging just 24.7 minutes.
Potential considerations include median household income ($75,000) that falls below the national average. However, Spring Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Spring Lake has a population of 2,530 with a median age of 56.5 years. Compare Spring Lake with other cities to see how it stacks up, or explore all cities in Michigan.
Similar Cities Near Spring Lake
Cities in Michigan with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Woodland Beach | 2,509 | $70,330 | $159,300 | Compare |
| Reed City | 2,505 | $48,646 | $105,400 | Compare |
| Shelby | 2,571 | $53,309 | $124,000 | Compare |
| Newaygo | 2,486 | $41,934 | $102,900 | Compare |
| Village of Grosse Pointe Shores | 2,589 | $182,000 | $671,600 | Compare |
| Pleasant Ridge | 2,607 | $161,058 | $435,500 | Compare |
| Franklin | 2,610 | $176,571 | $696,700 | Compare |
| Mattawan | 2,615 | $82,026 | $177,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Michigan
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Spring Lake With Other Cities
Frequently Asked Questions about Spring Lake
What is the population of Spring Lake, MI?
The population of Spring Lake, MI is 2,530 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Michigan.
What is the median household income in Spring Lake?
The median household income in Spring Lake, MI is $75,000 per year, which is 0% below the national median of $75,149.
What is the median home value in Spring Lake?
The median home value in Spring Lake, MI is $271,100, which is 11% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Spring Lake?
The median monthly rent in Spring Lake, MI is $947, which is 19% below the national average of $1,163/month.
What is the unemployment rate in Spring Lake?
The unemployment rate in Spring Lake, MI is 2.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Spring Lake, MI a good place to live?
Spring Lake offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 2,530 and a median age of 56.5, the city appeals to established professionals and retirees.
How educated is Spring Lake, MI?
42.2% of residents in Spring Lake aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Spring Lake?
Key cost-of-living indicators for Spring Lake, MI: median home value is $271,100 (11% above national), median rent is $947/month, and median household income is $75,000. The home-value-to-income ratio is 3.6x, a moderate figure by national standards.
What is the poverty rate in Spring Lake?
The poverty rate in Spring Lake, MI is 7.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Spring Lake, MI?
Spring Lake's population is 0.4% White, 2.3% Hispanic or Latino, 0.4% Black or African American, 0.0% Asian, and 0.2% two or more races. 1.8% of residents are foreign-born.