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Spring Grove town, Indiana Demographics & Population 2026

Very AffordableHome value to income ratio of 2.4x is exceptionally low

As of 2026, Spring Grove town, Indiana has a total population of 492, the 514th largest city in Indiana, with a median household income of $55,804, which is 20% lower than the state average. The poverty rate is 22.4%.

Key Takeaways

Spring Grove town Quick Facts

Population 492
Median Household Income $55,804
Median Home Value $133,300
Poverty Rate 22.4%
Unemployment Rate 6.1%
Median Age 42.5 years
Homeownership Rate 69.5%
Affordability Ratio 2.4x
Bachelor's Degree or Higher 25.1%
High School Graduation Rate 88.0%
Diversity Index 16/100
Population 492 514th of 967
Median Income $55,804 below average
Poverty Rate 22.4% 80% higher national
Median Home Value $133,300 average

How Spring Grove town Compares

Economy & Housing

Employment

6.1% Unemployment Rate State: 4.3% | National: 5.2%
58.4% Labor Force Participation

Housing Overview

Owner 69.5%
Renter 30.5%
Affordability Index Very Affordable
2.4x home value to income ratio

People & Demographics

Diversity Index

16out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Spring Grove town Rankings in Indiana

#514 Population of 967
#534 Median Income of 967
#220 Education of 967
#405 Home Value of 967

Cities Similar to Spring Grove town

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Arlington CDP491$49,241$137,8007.2%21.0%
San Pierre CDP489$62,750$190,80014.3%3.3%
New Salisbury CDP518$53,711$202,40016.7%24.7%
Sulphur Springs town466$53,750$133,70039.4%8.7%
Elnora town487$48,750$90,50011.3%14.6%

Population Overview

Spring Grove town is a small community located in Indiana. The total population is 492. It ranks as the 514th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Spring Grove town is 42.5 years. This is 12% higher than the state median of 38.0 years. Only 14.4% of residents are under 18, indicating fewer families with children. 14.6% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Spring Grove town is $55,804. This is 20% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 29% lower. The poverty rate stands at 22.4%. This is 84% higher than the state poverty rate of 12.2%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 6.1%. This is 41% higher than the state rate of 4.3%. The median home value is $133,300. Housing costs are 34% lower than the state median of $201,600. With a home-value-to-income ratio of just 2.4x, Spring Grove town is one of the most affordable housing markets in the area. 69.5% of occupied housing units are owner-occupied. This homeownership rate is 1% lower than the state average of 70.3%.

Race & Ethnicity

Spring Grove town has a predominantly White (non-Hispanic) population, comprising 91.5% of all residents. Black or African American residents account for 2.0%. The Black or African American population (2.0%) is well below the state average of 9.1%. The Hispanic or Latino population (1.8%) is well below the state average of 8.4%. The Asian population (0.2%) is well below the state average of 2.5%.

Education

25.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 13% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 88.0%.

Data Sources & Methodology

All demographic data for Spring Grove town, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Spring Grove town, Indiana?

Spring Grove town, Indiana has a population of 492 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Spring Grove town, IN?

The median household income in Spring Grove town is $55,804, which is 29% lower the national median of $78,538.

What is the poverty rate in Spring Grove town, IN?

The poverty rate in Spring Grove town is 22.4%. This means approximately 94 residents live below the federal poverty line.

What is the racial makeup of Spring Grove town, Indiana?

Spring Grove town's population is 91.5% White, 2.0% Black, 1.8% Hispanic/Latino, and 0.2% Asian.

What is the median home value in Spring Grove town, IN?

The median home value in Spring Grove town is $133,300. The home-value-to-income ratio is 2.4x.

How educated is Spring Grove town, Indiana?

25.1% of adults (25+) in Spring Grove town hold a bachelor's degree or higher, and 10.9% hold a graduate or professional degree.