Spring Lake, NJ
Population 2,782 · New Jersey
About Spring Lake, NJ
Spring Lake is a small town located in New Jersey with a population of 2,782 residents according to the latest US Census Bureau American Community Survey data. The median household income is $146,976 per year, which is 96% above the national median of $75,149. The median age of 61.4 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 $2,000,001, which is 717% above the national median of $244,900. This places Spring Lake in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,194, 89% above the national average of $1,163/month. Of the 1,991 total housing units, 88% are owner-occupied (1,148 units) and 12% are renter-occupied (153 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Spring Lake shows an unemployment rate of 2.8%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Spring Lake have an average one-way commute time of 34.9 minutes.
Education & Demographics
81.3% of Spring Lake residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.9% Black or African American, and 0.3% Asian residents, with 3.7% of the population being foreign-born.
How Spring Lake Ranks in New Jersey
Cost of Living in Spring Lake, NJ
Compared to national averages, Spring Lake has a median household income of $146,976 (96% above the national median of $75,149). Home values average $2,000,001, which is 717% above the national median. Monthly rent at $2,194 is 89% above the US average of $1,163. Within New Jersey, Spring Lake's income is 27% above the state average of $115,667, and home values are 326% above the state median of $469,644.
Why Live in Spring Lake, NJ?
Spring Lake offers a strong local economy with a median household income of $146,976, well above the national average, and a strong job market with an unemployment rate of just 2.8%, and a well-educated community where 81.3% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 3.1%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $2,000,001. However, Spring Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Spring Lake has a population of 2,782 with a median age of 61.4 years. Compare Spring Lake with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Spring Lake
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Clinton | 2,784 | $142,563 | $407,800 | Compare |
| Cape May | 2,789 | $57,230 | $823,800 | Compare |
| Keasbey | 2,793 | $65,948 | $328,100 | Compare |
| Riverton | 2,771 | $126,818 | $354,900 | Compare |
| Hewitt | 2,797 | $182,516 | $436,700 | Compare |
| Pennington | 2,798 | $171,282 | $608,200 | Compare |
| Stockton University | 2,801 | $0 | $0 | Compare |
| Pine Ridge at Crestwood | 2,756 | $61,563 | $133,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Jersey
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, NJ?
The population of Spring Lake, NJ is 2,782 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in New Jersey.
What is the median household income in Spring Lake?
The median household income in Spring Lake, NJ is $146,976 per year, which is 96% above the national median of $75,149.
What is the median home value in Spring Lake?
The median home value in Spring Lake, NJ is $2,000,001, which is 717% 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, NJ is $2,194, which is 89% above the national average of $1,163/month.
What is the unemployment rate in Spring Lake?
The unemployment rate in Spring Lake, NJ is 2.8%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Spring Lake, NJ a good place to live?
Spring Lake offers above-average incomes, a competitive housing market, and a strong job market. With a population of 2,782 and a median age of 61.4, the city appeals to established professionals and retirees.
How educated is Spring Lake, NJ?
81.3% 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, NJ: median home value is $2,000,001 (717% above national), median rent is $2,194/month, and median household income is $146,976. The home-value-to-income ratio is 13.6x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Spring Lake?
The poverty rate in Spring Lake, NJ is 3.1%, 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, NJ?
Spring Lake's population is 0.0% White, 0.0% Hispanic or Latino, 0.9% Black or African American, 0.3% Asian, and 0.1% two or more races. 3.7% of residents are foreign-born.