Spring Park, MN
Population 1,869 · Minnesota
About Spring Park, MN
Spring Park is a small town located in Minnesota with a population of 1,869 residents according to the latest US Census Bureau American Community Survey data. The median household income is $46,860 per year, which is 38% below the national median of $75,149. The median age of 58.2 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 Park features a median home value of $598,400, which is 144% above the national median of $244,900. This places Spring Park in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,223, 5% above the national average of $1,163/month. Of the 1,318 total housing units, 22% are owner-occupied (276 units) and 78% are renter-occupied (962 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Spring Park shows an unemployment rate of 6.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 7.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Spring Park have an average one-way commute time of 21.5 minutes.
Education & Demographics
30.7% of Spring 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 0.5% White, 2.6% Hispanic or Latino, 0.0% Black or African American, and 0.4% Asian residents, with 9.7% of the population being foreign-born.
Cost of Living in Spring Park, MN
Compared to national averages, Spring Park has a median household income of $46,860 (38% below the national median of $75,149). Home values average $598,400, which is 144% above the national median. Monthly rent at $1,223 is 5% above the US average of $1,163. Within Minnesota, Spring Park's income is 37% below the state average of $74,221, and home values are 193% above the state median of $204,472.
Why Live in Spring Park, MN?
Spring Park offers a low poverty rate of 7.6%, better than the national average, and short commute times averaging just 21.5 minutes.
Potential considerations include median household income ($46,860) that falls below the national average, and a competitive housing market where the typical home costs $598,400. However, Spring Park’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Spring Park has a population of 1,869 with a median age of 58.2 years. Compare Spring Park with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Spring Park
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Tracy | 1,869 | $60,682 | $110,900 | Compare |
| Howard Lake | 1,864 | $99,464 | $239,100 | Compare |
| Dundas | 1,882 | $111,250 | $293,400 | Compare |
| Coleraine | 1,888 | $67,083 | $179,900 | Compare |
| Maple Plain | 1,889 | $93,000 | $346,600 | Compare |
| Lester Prairie | 1,848 | $87,188 | $217,000 | Compare |
| Aurora | 1,897 | $42,406 | $88,700 | Compare |
| Ada | 1,834 | $67,857 | $140,500 | 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 Park With Other Cities
Frequently Asked Questions about Spring Park
What is the population of Spring Park, MN?
The population of Spring Park, MN is 1,869 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 Park?
The median household income in Spring Park, MN is $46,860 per year, which is 38% below the national median of $75,149.
What is the median home value in Spring Park?
The median home value in Spring Park, MN is $598,400, which is 144% above the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Spring Park?
The median monthly rent in Spring Park, MN is $1,223, which is 5% above the national average of $1,163/month.
What is the unemployment rate in Spring Park?
The unemployment rate in Spring Park, MN is 6.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Spring Park, MN a good place to live?
Spring Park offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 1,869 and a median age of 58.2, the city appeals to established professionals and retirees.
How educated is Spring Park, MN?
30.7% of residents in Spring 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 Park?
Key cost-of-living indicators for Spring Park, MN: median home value is $598,400 (144% above national), median rent is $1,223/month, and median household income is $46,860. The home-value-to-income ratio is 12.8x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Spring Park?
The poverty rate in Spring Park, MN is 7.6%, 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 Park, MN?
Spring Park's population is 0.5% White, 2.6% Hispanic or Latino, 0.0% Black or African American, 0.4% Asian, and 7.6% two or more races. 9.7% of residents are foreign-born.