Spring Lake Park, MN
Population 6,997 · Minnesota
About Spring Lake Park, MN
Spring Lake Park is a small town located in Minnesota with a population of 6,997 residents according to the latest US Census Bureau American Community Survey data. The median household income is $77,112 per year, which is 3% above the national median of $75,149. The median age of 39.6 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Spring Lake Park features a median home value of $281,800, which is 15% above the national median of $244,900. This positions Spring Lake Park in a moderately priced market relative to the rest of the country. Median monthly rent is $1,375, 18% above the national average of $1,163/month. Of the 2,656 total housing units, 71% are owner-occupied (1,879 units) and 29% are renter-occupied (756 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Spring Lake Park shows an unemployment rate of 1.7%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 14.3%, above the national average of 12.4%. Workers in Spring Lake Park have an average one-way commute time of 22.3 minutes.
Education & Demographics
26.1% of Spring Lake Park 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 6.0% White, 1.6% Hispanic or Latino, 0.3% Black or African American, and 8.3% Asian residents, with 18.1% of the population being foreign-born.
Cost of Living in Spring Lake Park, MN
Compared to national averages, Spring Lake Park has a median household income of $77,112 (3% above the national median of $75,149). Home values average $281,800, which is 15% above the national median. Monthly rent at $1,375 is 18% above the US average of $1,163. Within Minnesota, Spring Lake Park's income is 4% above the state average of $74,221, and home values are 38% above the state median of $204,472.
Why Live in Spring Lake Park, MN?
Spring Lake Park offers a strong local economy with a median household income of $77,112, well above the national average, and a strong job market with an unemployment rate of just 1.7%, and short commute times averaging just 22.3 minutes.
Spring Lake Park has a population of 6,997 with a median age of 39.6 years. Compare Spring Lake Park with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Spring Lake Park
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Isanti | 7,023 | $84,412 | $264,600 | Compare |
| St. Joseph | 7,024 | $75,217 | $240,300 | Compare |
| Kasson | 6,964 | $87,295 | $264,500 | Compare |
| Medina | 6,858 | $219,181 | $660,800 | Compare |
| Corcoran | 6,854 | $143,250 | $540,100 | Compare |
| Stewartville | 6,754 | $65,714 | $258,000 | Compare |
| Delano | 6,712 | $118,091 | $347,500 | Compare |
| Jordan | 6,704 | $110,139 | $319,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Minnesota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Spring Lake Park With Other Cities
Frequently Asked Questions about Spring Lake Park
What is the population of Spring Lake Park, MN?
The population of Spring Lake Park, MN is 6,997 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Minnesota.
What is the median household income in Spring Lake Park?
The median household income in Spring Lake Park, MN is $77,112 per year, which is 3% above the national median of $75,149.
What is the median home value in Spring Lake Park?
The median home value in Spring Lake Park, MN is $281,800, which is 15% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Spring Lake Park?
The median monthly rent in Spring Lake Park, MN is $1,375, which is 18% above the national average of $1,163/month.
What is the unemployment rate in Spring Lake Park?
The unemployment rate in Spring Lake Park, MN is 1.7%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Spring Lake Park, MN a good place to live?
Spring Lake Park offers above-average incomes, a competitive housing market, and a strong job market. With a population of 6,997 and a median age of 39.6, the city appeals to a broad range of residents.
How educated is Spring Lake Park, MN?
26.1% of residents in Spring Lake Park aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Spring Lake Park?
Key cost-of-living indicators for Spring Lake Park, MN: median home value is $281,800 (15% above national), median rent is $1,375/month, and median household income is $77,112. The home-value-to-income ratio is 3.7x, a moderate figure by national standards.
What is the poverty rate in Spring Lake Park?
The poverty rate in Spring Lake Park, MN is 14.3%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Spring Lake Park, MN?
Spring Lake Park's population is 6.0% White, 1.6% Hispanic or Latino, 0.3% Black or African American, 8.3% Asian, and 8.8% two or more races. 18.1% of residents are foreign-born.