CitytisticsShortlist

Cost of living, pay and housing

28.50° N · 82.29° W · GEOID 1268375

Spring Lake

Hernando County, Florida · part of the Tampa, FL metro

Limited data population under 5,000, core figures borrowed from county or metro: median_gross_rent

FloridaSpring Lake, FLSpring LakeSpring Lake

The short answer

Spring Lake is home to 563 people. Median household income is $92,614 a year and median rent is $1,298 a month, 16.8% of income (a ratio of two medians, not any one household's burden). Rent pressure is lighter than in most places. The median home is valued at $448,400, about 4.8x annual median household income.

Median gross rent
$1,298
5% below the median place
Median household income
$92,614
15% above the median place
Median home value
$448,400
40% above the median place
Unemployment
0.0%
below the median place (median 4.9%)

Compared with the median of the 6,645 places we track. The bundle was checked 2026-11-14; each measure may refer to an older release.

What stands out about Spring Lake

  • 100% of homes are owner-occupied, more than in 99% of the 2,476 places under 10,000 people we track. It is the highest of 474 Florida places.
  • Unemployment averaged 0.0% over the survey period, lower than in 99% of places its size. It is the lowest of 364 Florida places.
  • Households average 3.87 people, larger than in 98% of places its size. It is the 3rd-highest of 474 Florida places.
  • The median resident is 53.5 years old, older than in 95% of places its size.

Rent is light relative to pay, but the county has a FEMA natural hazard risk score of 88 out of 100. Budget for insurance before counting the savings.

01

Moving to Spring Lake

Hernando County gains about 30.5 residents per 1,000 a year to moves between counties.

Moved in15,413
Moved out10,587
Net+4,826

Where people come from and where they go, top counties

Within Florida, other states or abroad

Arrivals
Leavers
Within FloridaOther statesAbroad

Income per tax return

Arrivals$61K
Leavers$50K

People on tax returns who moved between counties, from IRS migration data, 2022 to 2023. Figures are for all of Hernando County; flows under 20 returns are not published.

Who moves here
7.8% of residents arrived from another county in the past year, 3.1% from another state. County figure.
Who arrives and who leaves
Households moving into Hernando County report $61,400 a year in income on average; those leaving, $50,000, so newcomers earn more than leavers.
Income you would need
$51,900 a year to rent the median home at the 30% line. From your city
Rent or buy
Median rent is $1,298 a month; owners with a mortgage pay $2,607 a month including taxes and insurance, on a median home of $448,400.
Getting to work
31 minutes each way on average; 14.4% work from home.
If it is close but not quite
Cherry Valley, CA matches it on character. Compare the two
Net movers per 1,000 people7
30.5
above the median place (median -0.6)
Income of households moving out7
$50,029
29% below the median place
Moved from another state1
3.1%
58% above the median place
All 5 moving measures
MeasureSpring LakeAmong 6,645 placesVs median
Moved here in the past year1County figure7.8%37% above
Moved from another state1County figure3.1%58% above
Net movers per 1,000 people7County figure30.5above (median -0.6)
Income of households moving in7County figure$61,42913% below
Income of households moving out7County figure$50,02929% below
02

What it costs to live here

Vacant homes is 0.0%, below the median place (median 7.1%).

Spring Lake16.8%
Typical place20.4%

Share of the median household income that goes to the median rent. Above 30% is the usual stress line.

Income needed to rent
$51,920
a year, at the 30% line
Rent to income
16.8%
18% below the median place
Home price to income
4.8x
27% above the median place

Could you afford it?

The median rent would take
17%
comfortably under the 30% line
Left after rent, in US prices
$80,800
a year
Vs the typical household here
Same
as the median household

Uses the median rent in Spring Lake, $1,298 a month, and local prices for everything else (95.8 against a US average of 100). It runs in your browser and stores nothing.

Moving from somewhere else? Work out the salary you would need in Spring Lake.

Sponsored · exampleMoving to Spring Lake? Compare quotes from licensed movers. No partner is signed yet. Sponsored offers are always labelled and never change the data.
Vacant homes1
0.0%
below the median place (median 7.1%)
Homeownership1
100.0%
51% above the median place
Owner costs with a mortgage1
$2,607
39% above the median place
All 16 cost and housing measures
MeasureSpring LakeAmong 6,645 placesVs median
Median gross rent1County figure$1,2985% below
Rent to income116.8%18% below
Property tax rate10.7%22% below
Home price to income14.8x27% above
Prices vs US average2Metro figure100.90% above
Fair market rent, 2 bedrooms3County figure$1,91719% above
HUD area median income4County figure$104,7002% below
Property tax paid (median)1$3,1673% below
Median home value1$448,40040% above
Home prices, 1-year change5County figure-0.6%below (median 3.2%)
Home prices, 5-year change5County figure68.1%32% above
Homeownership1100.0%51% above
Renters paying 30%+1County figure55.8%10% above
Owner costs with a mortgage1$2,60739% above
Vacant homes10.0%below (median 7.1%)
Median year built119921% above
03

Work and pay

Unemployment is 0.0%, below the median place (median 4.9%).

Unemployment1
0.0%
below the median place (median 4.9%)
Commutes by transit1
0.0%
below the median place (median 0.8%)
Median household income1
$92,614
15% above the median place
All 10 work and pay measures
MeasureSpring LakeAmong 6,645 placesVs median
Median household income1$92,61415% above
Income per person1$36,06110% below
Unemployment10.0%below (median 4.9%)
Average annual pay6County figure$51,90421% below
Pay growth, 1 year6County figure2.8%24% below
Jobs6County figure50,57566% below
Poverty rate1County figure11.7%9% above
Mean commute1County figure31 min26% above
Works from home1County figure14.4%16% above
Commutes by transit10.0%below (median 0.8%)
04

Who lives here

Household size is 3.9, 55% above the median place.

Household size1
3.9
55% above the median place
Median age1
53.5
37% above the median place
Homes with broadband1
96.5%
5% above the median place
All 8 people measures
MeasureSpring LakeAmong 6,645 placesVs median
Population15636646th largest
Median age153.537% above
Bachelor's or higher1County figure21.1%34% below
High school or higher1County figure90.4%2% below
Household size13.955% above
Born abroad1County figure8.4%5% below
No health insurance17.4%16% above
Homes with broadband196.5%5% above
05

Life in Spring Lake

10 sites are on the National Register of Historic Places.

Businesses per 10,000 residents (county figures)

Restaurants and bars14.3 −31%
Shops25.4 −16%
Arts, recreation and fitness3.2 −22%
Doctors' offices and clinics22.2 +10%
Child care centers1.5 −35%

Counts businesses with paid staff, so small owner-run shops are not included.

Restaurants and bars per 10k8
14.3
31% below the median place
Child care centers per 10k8
1.5
35% below the median place
Shops per 10k8
25.4
16% below the median place
All 9 schools and local life measures
MeasureSpring LakeAmong 6,645 placesVs median
Public schools10County figure31244% above
Public school students10County figure23,734385% above
Students per teacher10County figure17.715% above
Restaurants and bars per 10k8County figure14.331% below
Shops per 10k8County figure25.416% below
Arts, recreation and fitness per 10k8County figure3.222% below
Doctors' offices and clinics per 10k8County figure22.210% above
Child care centers per 10k8County figure1.535% below
National Register listings9County figure1023% below
06

Safety, weather and risk

January average low is 47°F, 87% above the median place.

No crime figure yet. Either the city police department did not report to the FBI for the latest year, or our monthly fetch has not reached Spring Lake. Larger places are fetched first.

January average low11
47°F
87% above the median place
Average temperature11
72°F
30% above the median place
Hurricane risk12
96.1
36% above the median place
All 11 weather and risk measures
MeasureSpring LakeAmong 6,645 placesVs median
July average high11County figure91°F5% above
January average low11County figure47°F87% above
Average temperature11County figure72°F30% above
Annual precipitation11County figure52.0 in19% above
Natural hazard risk12County figure88.05% below
Hurricane risk12County figure96.136% above
Tornado risk12County figure91.813% above
Wildfire risk12County figure88.044% above
Heat wave risk12County figure76.115% below
Median air quality index13Metro figure5016% above
Good air days13Metro figure50.4%26% below
08

Spring Lake in 2030: where the trends point

Citytistics projections to 2030: each figure's own trend, blended with the typical trend across the places we rate, eased toward long-run US growth and carried forward from the latest release. The range is where 80% of places landed when we tested the same method on past releases.

MeasureLatest2030 projectionLikely rangeAvg. per year
Median household income$92,614 (2024)$119,500$101,000 to $141,500+4.4%
Median home value$448,400 (2024)$670,000$486,000 to $923,000+6.9%

The median home would be worth 5.6 years of the median income in 2030, against 4.8 now.

A projection of recent trends, not a prediction of the economy or advice to buy or sell. How we project.

09

Places like Spring Lake

The closest matches on income, rent, home value, education and age, and the places nearby.

PlaceRentIncome
Cherry Valley, CA$1,399$76,895Compare
Indian Hills, NV$1,496$78,278Compare
Brookings, OR$1,415$74,933Compare
Winthrop Harbor, IL$1,313$95,690Compare
Winthrop Harbor, ILBrookings, ORIndian Hills, NVCherry Valley, CASpring Lake, FLSpring LakeCherry ValleyIndian HillsBrookingsWinthrop HarborSpring LakeCherry ValleyIndian HillsBrookingsWinthrop Harbor

Common questions

Is Spring Lake a good place to live?

It depends on what you need, so here is what the numbers say. 100% of homes are owner-occupied, more than in 99% of the 2,476 places under 10,000 people we track. It is the highest of 474 Florida places. Unemployment averaged 0.0% over the survey period, lower than in 99% of places its size. It is the lowest of 364 Florida places. See how it ranks with your own weights.

Is Spring Lake expensive to live in?

The median rent takes 16.8% of the median household income, against 20.4% in the typical place we track. Housing is a lighter load here than usual. The median home is valued at $448,400.

What salary do you need to live in Spring Lake?

To rent the median home without spending more than 30% of income on rent, a household needs about $51,920 a year. Work it out from your current city.

What places are similar to Spring Lake?

On income, rent, home value, education and age, the closest matches are Cherry Valley, CA, Indian Hills, NV, Brookings, OR and Winthrop Harbor, IL.

Sources and methods

The small numbers beside each measure point here. Every dataset is public; links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Regional Price Parities · US Bureau of Economic Analysis · Latest release, retrieved 2026-11-14
  3. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  4. Income Limits · US Department of Housing and Urban Development · Fiscal year 2026
  5. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  6. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  7. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  8. County Business Patterns · US Census Bureau · 2023 data
  9. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  10. Common Core of Data · National Center for Education Statistics · 2024 release
  11. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  12. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  13. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

What stands out compares Spring Lake with places of a similar size, using only figures measured for Spring Lake itself; county and metro figures never count. Survey figures are estimates with margins of error. Formulas and definitions: methodology. API: /api/v1/places/spring-lake-florida

Citytistics. “Spring Lake, Florida.” Data as of 2026-11-14. https://www.citytistics.com/city/spring-lake-florida/

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.