Spring Lake, UT
Population 705 · Utah
About Spring Lake, UT
Spring Lake is a small community located in Utah with a population of 705 residents according to the latest US Census Bureau American Community Survey data. The median household income is $143,049 per year, which is 90% above the national median of $75,149. The median age of 28 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Spring Lake features a median home value of $483,800, which is 98% 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 $0, 100% below the national average of $1,163/month. Of the 178 total housing units, 90% are owner-occupied (161 units) and 10% are renter-occupied (17 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Spring Lake shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Spring Lake have an average one-way commute time of 17.5 minutes, one of the shorter commutes in the region.
Education & Demographics
32.3% of Spring Lake residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 7.8% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 5.8% Asian residents, with 3.8% of the population being foreign-born.
How Spring Lake Ranks in Utah
Cost of Living in Spring Lake, UT
Compared to national averages, Spring Lake has a median household income of $143,049 (90% above the national median of $75,149). Home values average $483,800, which is 98% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Utah, Spring Lake's income is 61% above the state average of $88,715, and home values are 13% above the state median of $426,386.
Why Live in Spring Lake, UT?
Spring Lake offers a strong local economy with a median household income of $143,049, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 6.8%, better than the national average, and short commute times averaging just 17.5 minutes.
Potential considerations include a competitive housing market where the typical home costs $483,800. However, Spring Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Spring Lake has a population of 705 with a median age of 28 years. Compare Spring Lake with other cities to see how it stacks up, or explore all cities in Utah.
Similar Cities Near Spring Lake
Cities in Utah with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Marion | 694 | $91,458 | $594,100 | Compare |
| Leeds | 693 | $81,181 | $450,000 | Compare |
| Annabella | 719 | $73,750 | $283,100 | Compare |
| Benjamin | 690 | $67,045 | $528,800 | Compare |
| Central Valley | 686 | $89,583 | $352,900 | Compare |
| Oljato-Monument Valley | 683 | $28,750 | $0 | Compare |
| Paragonah | 678 | $70,057 | $279,200 | Compare |
| Virgin | 734 | $80,625 | $466,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Utah
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, UT?
The population of Spring Lake, UT is 705 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Utah.
What is the median household income in Spring Lake?
The median household income in Spring Lake, UT is $143,049 per year, which is 90% above the national median of $75,149.
What is the median home value in Spring Lake?
The median home value in Spring Lake, UT is $483,800, which is 98% 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, UT is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Spring Lake?
The unemployment rate in Spring Lake, UT is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Spring Lake, UT a good place to live?
Spring Lake offers above-average incomes, a competitive housing market, and a strong job market. With a population of 705 and a median age of 28, the city appeals to young professionals and families.
How educated is Spring Lake, UT?
32.3% of residents in Spring Lake aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Spring Lake?
Key cost-of-living indicators for Spring Lake, UT: median home value is $483,800 (98% above national), median rent is $0/month, and median household income is $143,049. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Spring Lake?
The poverty rate in Spring Lake, UT is 6.8%, 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, UT?
Spring Lake's population is 7.8% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 5.8% Asian, and 0.0% two or more races. 3.8% of residents are foreign-born.