Indiana · Census place 72206
Spring Grove town, IN
Quick answer
Spring Grove town has 492 residents, ranking #514 of 976 places in Indiana. Median household income is $55,804, the median home is worth $133,300 and median gross rent runs $441 a month.
- Population
- 492Spring Grove town residents
- Median household income
- $55,804Past 12 months, inflation adjusted
- Median home value
- $133,300Owner-occupied units
- Median gross rent
- $441Rent plus utilities, monthly
- Median age
- 42.5 yrsAll residents
- Homeownership rate
- 69.5%Owner-occupied households
What the numbers mean in Spring Grove town
Housing cost measured against local earnings.
A household earning the Spring Grove town median would spend about 9.5% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 22.4% of residents and 69.5% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Indiana.
- Reo CDP 502
- La Paz town 498
- Snow Lake CDP 497
- Arlington CDP 491
- Hanna CDP 490
- San Pierre CDP 489
- Elnora town 487
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