Commute
The high commute score in this area could imply easy access to public transportation, as well as shorter-than-average commute times to your workplace.
Cost Of Living
Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.
Employment
With higher than average median household income, income per capita and lower unemployment rates, this area scores extremely well in the employment category.
Housing
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
Schools
The high score in the schools category can be attributed to outstanding test scores, elevated graduation rates and the convenient placement of elementary and high schools in this area.
Amenities
The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.
Located in the state of Minnesota, Spring Lake Park is a smaller city with a population of 6,727 residents. With a population density of 3,372 people per square mile, Spring Lake Park is well above the nation's average density level. At 72%, the majority of the Spring Lake Park population is White; this is followed by 10% Asian and 7% Black. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Spring Lake Park is the right fit for you, your one way commute time will average 25 minutes, which is about average when compared to the national commute time of 26 minutes.
Living in Spring Lake Park can be a great experience for anyone moving to the town. Having said that, in the state of Minnesota, there are many incredible places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Using the livability score which includes data from categories like crime, cost of living, employment, you can easily compare the best places to live in Spring Lake Park and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Spring Lake Park to Minnesota and the national average.
Spring Lake Park has a livability score of 81 out of 100 and is ranked #39 in Minnesota and #1,162 in the USA. This is a terrific score, as Spring Lake Park ranks well in multiple categories! Spring Lake Park is also ranked in the top 10 percentile of all cities across the USA. Based on the grades for each individual category, Spring Lake Park has received high marks for cost of living (B), education (A+), employment (A+) and housing (A+). There are some categories that Spring Lake Park ranks poorly for, including: amenities (F). It might be worth taking a closer look to determine why.
The unemployment rate in Spring Lake Park has consistently declined over the years and currently stands well below the national average at 2.2%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Spring Lake Park excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Spring Lake Park is real estate affordability. Median real estate prices in Spring Lake Park come in at $361,852, which is 6.7% higher than the Minnesota average. The home price to income ratio compares the median home prices to the median household income. In Spring Lake Park, the home price to income ratio is 3.4, which is 8.1% lower than the Minnesota average.
| Statistic | Spring Lake Park | Minnesota | National |
| Average one way commute | 25min | 23min | 26min |
| Workers who drive to work | 76.2% | 78.0% | 76.4% |
| Workers who carpool | 12.5% | 8.7% | 9.3% |
| Workers who take public transit | 5.7% | 3.5% | 5.1% |
| Workers who bicycle | 0.2% | 0.8% | 0.6% |
| Workers who walk | 0.4% | 2.8% | 2.8% |
| Working from home | 3.9% | 5.3% | 4.6% |
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