Spring Lake, Indiana Demographics & Population 2026

A note before these figures: with a population of 224, Spring Lake's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Spring Lake is a small community located in Indiana, within Hancock County. The total population is 224. It ranks as the 691st most populous out of 967 Census-designated places in Indiana.

Age Demographics

The median age in Spring Lake is 63.8 years. This is 67% higher than the state median of 38.1 years. Only 4.9% of residents are under 18, indicating fewer families with children. 15.6% 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 Lake is $50,938. This is 29% lower than the state median of $71,957. It is also 37% lower than the national median of $80,734. The poverty rate stands at 0.9%. This is 93% lower than the state poverty rate of 12.3%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 4.3%. This is 2% higher than the state rate of 4.3%. The median home value is $169,400. Housing costs are 22% lower than the state median of $218,200. The home-value-to-income ratio is 3.3x. 99.2% of occupied housing units are owner-occupied. This homeownership rate is 41% higher than the state average of 70.5%.

Race & Ethnicity

Spring Lake has a predominantly White (non-Hispanic) population, comprising 98.2% of all residents. Hispanic or Latino residents account for 1.3%. The Hispanic or Latino population (1.3%) is well below the state average of 8.6%. The Asian population (0.4%) is well below the state average of 2.6%.

Education

16.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 43% lower than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.7%.

Data Sources & Methodology

All demographic data for Spring Lake, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.