Minnesota · Census place 62014
Spring Park city, MN
Quick answer
Spring Park city has 1,869 residents, ranking #271 of 914 places in Minnesota. Median household income is $46,860, the median home is worth $598,400 and median gross rent runs $1,223 a month.
- Population
- 1,869Spring Park city residents
- Median household income
- $46,860Past 12 months, inflation adjusted
- Median home value
- $598,400Owner-occupied units
- Median gross rent
- $1,223Rent plus utilities, monthly
- Median age
- 58.2 yrsAll residents
- Homeownership rate
- 22.3%Owner-occupied households
What the numbers mean in Spring Park city
Housing cost measured against local earnings.
A household earning the Spring Park city median would spend about 31.3% 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 12.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7.6% of residents and 22.3% 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 Minnesota.
- Maple Plain city 1,889
- Coleraine city 1,888
- Dundas city 1,882
- Tracy city 1,869
- Howard Lake city 1,864
- Lester Prairie city 1,848
- Ada city 1,834
Keep going
More Minnesota coverage.