Skip to main content

Spring Park, Minnesota Demographics & Population 2026

Expensive MarketHome value to income ratio of 13.7x indicates a costly housing market

During the 2020–2024 ACS period, Spring Park, Minnesota had a total population of 1,896, the 273rd largest city in Minnesota, with a median household income of $48,315, which is 46% lower than the state average. The poverty rate is 9.0%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Spring Park Quick Facts

Population 1,896
Median Household Income $48,315
Median Home Value $661,600
Poverty Rate 9.0%
Unemployment Rate 8.9%
Median Age 57.0 years
Homeownership Rate 24.9%
Affordability Ratio 13.7x
Bachelor's Degree or Higher 31.8%
High School Graduation Rate 95.2%
Diversity Index 31/100
Population 1,896 273rd of 914
Median Income $48,315 bottom 20%
Poverty Rate 9.0% 27% lower than national
Median Home Value $661,600 top 10%

How Spring Park Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,8691,896+1.4%
Median household income$46,860$48,315+3.1%
Median home value$598,400$661,600+10.6%

How Spring Park Compares

Economy & Housing

Household Income Distribution

Under $25K 18.4%
$25K-$50K 32.9%
$50K-$100K 24.2%
$100K+ 24.5%
Detailed income brackets
Under $10K
7.6%
$10K-$15K
0.9%
$15K-$20K
7.1%
$20K-$25K
2.8%
$25K-$30K
3.3%
$30K-$35K
4.8%
$35K-$40K
8.3%
$40K-$45K
11.3%
$45K-$50K
5.2%
$50K-$60K
9.2%
$60K-$75K
6.6%
$75K-$100K
8.4%
$100K-$125K
6.8%
$125K-$150K
1.2%
$150K-$200K
5.5%
$200K+
11.0%

Employment

8.9% Unemployment Rate State: 4.1%|National: 5.2%
54.0% Labor Force Participation

Housing Overview

Owner 24.9%
Renter 75.1%
Affordability Index Very Expensive
13.7x home value to income ratio
Median gross rent $1,241/mo 30.8% of median household income annually

People & Demographics

Diversity Index

31out of 100
Low Diversity

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

State average: 41 | National average: 61

Education

Spring Park Rankings in Minnesota

#273 Population of 914
#786 Median Income of 887
#204 Education of 914
#18 Home Value of 870

Other Cities in Hennepin County

CityPopulationMedian IncomePovertyHome Value
Minneapolis 427,246 $80,846 16.0% $362,200
Bloomington 88,665 $93,211 9.2% $361,700
Brooklyn Park 83,876 $89,891 9.5% $336,200
Plymouth 79,220 $136,534 4.3% $491,200
Maple Grove 71,173 $132,731 4.0% $418,300
Eden Prairie 63,051 $130,489 4.6% $473,900
Edina 53,262 $128,767 4.7% $646,300
Minnetonka 53,064 $119,517 5.9% $475,800
St. Louis Park 49,594 $101,648 6.9% $386,800
Richfield 36,642 $85,132 8.2% $344,000

Cities Similar to Spring Park

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Warroad1,959$50,625$216,90023.6%21.0%
Aurora1,792$42,083$97,60015.9%20.1%
Ortonville2,028$56,133$166,30027.3%12.1%
Frazee1,647$47,016$172,00012.0%22.3%
Blooming Prairie1,843$63,656$161,30029.8%7.5%

Population Overview

Spring Park is a small community located in Minnesota, within Hennepin County. The total population is 1,896. It ranks as the 273rd most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Spring Park is 57.0 years. This is 47% higher than the state median of 38.8 years. Only 6.7% of residents are under 18, indicating fewer families with children. 23.0% 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 Park is $48,315. This is 46% lower than the state median of $89,062. It is also 40% lower than the national median of $80,734. The poverty rate stands at 9.0%. This is 3% lower than the state poverty rate of 9.3%. The unemployment rate is 8.9%. This is 120% higher than the state rate of 4.1%. The median home value is $661,600. Housing costs are 101% higher than the state median of $329,300. The home-value-to-income ratio of 13.7x suggests that housing affordability is a significant concern for many residents. 24.9% of occupied housing units are owner-occupied. This homeownership rate is 66% lower than the state average of 72.2%.

Race & Ethnicity

The largest racial or ethnic group in Spring Park is White (non-Hispanic), making up 82.4% of the population. Black or African American residents account for 8.2%. The Asian population (1.6%) is well below the state average of 5.1%.

Education

31.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 19% lower than the state rate of 39.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.2%.

Data Sources & Methodology

All demographic data for Spring Park, Minnesota 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 Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 914 Census-designated places in Minnesota. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Minnesota city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Spring Park, Minnesota?

Spring Park, Minnesota has a population of 1,896 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Spring Park, MN?

The median household income in Spring Park is $48,315, which is 40% lower than the national median of $80,734.

What is the poverty rate in Spring Park, MN?

The poverty rate in Spring Park is 9.0%. This means approximately 162 residents live below the federal poverty line.

What is the racial makeup of Spring Park, Minnesota?

Spring Park's population is 82.4% White, 8.2% Black, 4.0% Hispanic/Latino, and 1.6% Asian.

What is the median home value in Spring Park, MN?

The median home value in Spring Park is $661,600. The home-value-to-income ratio is 13.7x.

How educated is Spring Park, Minnesota?

31.8% of adults (25+) in Spring Park hold a bachelor's degree or higher, and 10.3% hold a graduate or professional degree.