Income & Economy in Spring Lake Park, MN

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$77,112

+5% vs national

Per Capita Income

$37,399

+1% vs national

Poverty Rate

14.3%

+5% vs national

Gini Index

0.3955

0 = perfect equality

Unemployment

1.7%

-68% vs national

SNAP Recipients

11.7%

of households

How Spring Lake Park Compares

Source: Census ACS (2023)

Spring Lake Park vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Spring Lake Park is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Spring Lake Park. The median household income here is $77,112.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
14.2%
$25-50K
15.4%
$50-75K
17.5%
$75-100K
10.7%
$100-150K
21.7%
$150-200K
12.4%
$200K+
8.1%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

1.7%

-62% vs MN avg

Labor Force

3,684

Employed

3,612

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

18.1%

of adults 25+

High School Diploma+

38.1%

of adults 25+

Median Age

39.6

Work from Home

15.1%

of workers

The median household income in Spring Lake Park, MN is $77,112, which is 5.3% above the national average of $73,224. Per capita income is $37,399. The poverty rate of 14.3% is higher than the MN state average of 11.4%. The Gini index of income inequality is 0.3955, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 1.7%, compared to the state average of 4.5%. 18.1% of adults hold a bachelor's degree or higher.