CitytisticsShortlist

Cost of living, pay and housing

40.01° N · 111.75° W · GEOID 4972170

Spring Lake

Utah County, Utah · part of the Provo, UT metro

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

UtahSpring Lake, UTSpring LakeSpring Lake

The short answer

Spring Lake is home to 657 people. Median household income is $100,671 a year and median rent is $971 a month, 11.6% 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 $554,900, about 5.5x annual median household income.

Median gross rent
$971
29% below the median place
Median household income
$100,671
25% above the median place
Median home value
$554,900
74% above the median place
Unemployment
3.8%
23% below the median place

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

  • Households average 3.91 people, larger than in 98% of the 2,480 places under 10,000 people we track.
  • The median rent takes only 11.6% of the median household's income, a smaller share than in 96% of places its size.
  • The median resident is 28.4 years old, younger than in 96% of places its size.
  • Half the homes were built before 1955, older housing than in 88% of places its size. It is the lowest of 95 Utah places.
  • 92% of homes are owner-occupied, more than in 93% of places its size.

Rent is light relative to pay, but the county has a FEMA natural hazard risk score of 95 out of 100. Budget for insurance before counting the savings.

01

Moving to Spring Lake

Utah County gains about 7.1 residents per 1,000 a year to moves between counties.

Moved in36,148
Moved out31,866
Net+4,282

Where people come from and where they go, top counties

Within Utah, other states or abroad

Arrivals
Leavers
Within UtahOther statesAbroad

Income per tax return

Arrivals$69K
Leavers$70K

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

Who moves here
7.3% of residents arrived from another county in the past year, 3.7% from another state. County figure.
Who arrives and who leaves
Households moving into Utah County report $69,000 a year in income on average; those leaving, $69,500.
Income you would need
$38,800 a year to rent the median home at the 30% line. From your city
Rent or buy
Median rent is $971 a month; owners with a mortgage pay $1,973 a month including taxes and insurance, on a median home of $554,900.
Getting to work
23 minutes each way on average; 16.9% work from home.
If it is close but not quite
Hyrum, UT matches it on character. Compare the two
Moved from another state1
3.7%
85% above the median place
Net movers per 1,000 people6
7.1
above the median place (median -0.6)
Moved here in the past year1
7.3%
28% above the median place
All 5 moving measures
MeasureSpring LakeAmong 6,645 placesVs median
Moved here in the past year1County figure7.3%28% above
Moved from another state1County figure3.7%85% above
Net movers per 1,000 people6County figure7.1above (median -0.6)
Income of households moving in6County figure$69,0142% below
Income of households moving out6County figure$69,5241% below
02

What it costs to live here

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

Spring Lake11.6%
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
$38,840
a year, at the 30% line
Rent to income
11.6%
43% below the median place
Home price to income
5.5x
45% above the median place

Could you afford it?

The median rent would take
12%
comfortably under the 30% line
Left after rent, in US prices
$92,100
a year
Vs the typical household here
Same
as the median household

Uses the median rent in Spring Lake, $971 a month, and local prices for everything else (97.0 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
92.3%
39% above the median place
Property tax rate1
0.5%
48% below the median place
All 15 cost and housing measures
MeasureSpring LakeAmong 6,645 placesVs median
Median gross rent1$97129% below
Rent to income111.6%43% below
Property tax rate10.5%48% below
Home price to income15.5x45% above
Prices vs US average2Metro figure98.23% below
Fair market rent, 2 bedrooms3County figure$1,36316% below
Property tax paid (median)1$2,58221% below
Median home value1$554,90074% above
Home prices, 1-year change4County figure2.8%12% below
Home prices, 5-year change4County figure53.6%4% above
Homeownership192.3%39% above
Renters paying 30%+1County figure45.3%11% below
Owner costs with a mortgage1$1,9735% above
Vacant homes10.0%below (median 7.1%)
Median year built119551% below
03

Work and pay

Commutes by transit is 0.0%, below the median place (median 0.8%).

Commutes by transit1
0.0%
below the median place (median 0.8%)
Works from home1
16.9%
36% above the median place
Income per person1
$39,749
1% below the median place
All 10 work and pay measures
MeasureSpring LakeAmong 6,645 placesVs median
Median household income1County figure$100,67125% above
Income per person1$39,7491% below
Unemployment1County figure3.8%23% below
Average annual pay5County figure$64,5592% below
Pay growth, 1 year5County figure3.1%16% below
Jobs5County figure300,580100% above
Poverty rate1County figure8.7%19% below
Mean commute1County figure23 min9% below
Works from home116.9%36% above
Commutes by transit10.0%below (median 0.8%)
04

Who lives here

Homes with broadband is 100.0%, 8% above the median place.

Homes with broadband1
100.0%
8% above the median place
Household size1
3.9
56% above the median place
Median age1
28.4
27% below the median place
All 8 people measures
MeasureSpring LakeAmong 6,645 placesVs median
Population16576646th largest
Median age128.427% below
Bachelor's or higher134.5%7% above
High school or higher197.4%5% above
Household size13.956% above
Born abroad1County figure8.2%7% below
No health insurance1County figure7.5%17% above
Homes with broadband1100.0%8% above
05

Life in Spring Lake

183 sites are on the National Register of Historic Places, one of them a National Historic Landmark.

Businesses per 10,000 residents (county figures)

Restaurants and bars15.1 −27%
Shops28.8 −5%
Arts, recreation and fitness5.4 +32%
Doctors' offices and clinics22.5 +11%
Child care centers1.6 −30%

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

Students per teacher9
23.9
55% above the median place
Public school students9
164,467
above the median place (median 4,897)
Public schools9
197
above the median place (median 9)
All 9 schools and local life measures
MeasureSpring LakeAmong 6,645 placesVs median
Public schools9County figure197above (median 9)
Public school students9County figure164,467above (median 4,897)
Students per teacher9County figure23.955% above
Restaurants and bars per 10k7County figure15.127% below
Shops per 10k7County figure28.85% below
Arts, recreation and fitness per 10k7County figure5.432% above
Doctors' offices and clinics per 10k7County figure22.511% above
Child care centers per 10k7County figure1.630% below
National Register listings8County figure183above (median 13)
06

Safety, weather and risk

Wildfire risk is 98.9, 61% 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.

Wildfire risk11
98.9
61% above the median place
Average temperature10
47°F
14% below the median place
Annual precipitation10
19.1 in
56% below the median place
All 10 weather and risk measures
MeasureSpring LakeAmong 6,645 placesVs median
July average high10County figure86°F1% below
January average low10County figure17°F31% below
Average temperature10County figure47°F14% below
Annual precipitation10County figure19.1 in56% below
Natural hazard risk11County figure95.33% above
Tornado risk11County figure52.635% below
Wildfire risk11County figure98.961% above
Heat wave risk11County figure94.35% above
Median air quality index12County figure4812% above
Good air days12County figure56.4%18% 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$94,936 (2024)$123,000$104,000 to $145,500+4.4%
Median home value$554,900 (2024)$800,000$581,000 to $1,102,000+6.3%

The median home would be worth 6.5 years of the median income in 2030, against 5.8 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
Hyrum, UT$1,269$88,725Compare
Santaquin, UT$1,397$99,837Compare
Smithfield, UT$1,311$97,537Compare
Perry, UT$992$112,639Compare
Perry, UTSmithfield, UTSantaquin, UTHyrum, UTSpring Lake, UTSpring LakeHyrumSantaquinSmithfieldSpring LakeHyrumSantaquinSmithfield

Common questions

Is Spring Lake a good place to live?

It depends on what you need, so here is what the numbers say. Households average 3.91 people, larger than in 98% of the 2,480 places under 10,000 people we track. The median rent takes only 11.6% of the median household's income, a smaller share than in 96% of places its size. See how it ranks with your own weights.

Is Spring Lake expensive to live in?

The median rent takes 11.6% 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 $554,900.

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 $38,840 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 Hyrum, UT, Santaquin, UT, Smithfield, UT and Perry, UT.

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. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  5. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  6. 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.
  7. County Business Patterns · US Census Bureau · 2023 data
  8. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  9. Common Core of Data · National Center for Education Statistics · 2024 release
  10. 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
  11. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  12. 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-utah

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

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