B

Spring Lake, MI

Source:

Affordability Score: 71/100

Population: 18,581 · 1 ZIP codes

The affordability dashboard for Spring Lake, MI aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 18,581 residents, then layers in county-level federal data to produce an overall grade of B (71/100). The headline inputs are median household income of $92,672, median home value of $340,200, median rent of $1,261 per month, and 48.1% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,519 per month (studio $1,047, 1BR $1,333, 3BR $1,930, 4BR $2,256). Department of Labor data lists infant center-based childcare at $8,549 per year, consuming 9% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Spring Lake, MI include income, education, rent, childcare. Unemployment currently reads 2.0% and poverty 5.4% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income B+
$92,672
Median household income
Education A-
48.1%
Bachelor's degree or higher
Housing D
3.7x
Home value $340,200 vs income
Commute B-
22 min
Average commute time
Rent B+
$1,519/mo
2BR fair market rent (20% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare B+
$8,549/yr
Center-based infant care (9% of income)

Income & Employment

Median Income
$92,672
▲ 49% vs national
Per Capita Income
$56,005
Unemployment Rate
2.0%
Poverty Rate
5.4%

Housing

Median Home Value
$340,200
▲ 24% vs national
Median Rent
$1,261/mo
Owner Occupied
82.3%
2BR Fair Market Rent
$1,519/mo
▲ 27% vs national

Fair Market Rents by Bedroom

Studio
$1,047
1BR
$1,333
2BR
$1,519
3BR
$1,930
4BR
$2,256

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
48.1%
▲ 18 ppt vs national
High School+
68.4%
Median Age
46.5
Avg. Commute
22 min
▼ 4 min vs national

Childcare Costs

Infant (Center)
$8,549/yr
9% of income
Toddler (Center)
$8,549/yr
Preschool (Center)
$6,886/yr
School-Age (Center)
$6,926/yr

What This Means

Spring Lake, MI receives an overall affordability grade of B (71/100), aggregated from 1 ZIP codes with a total population of 18,581. This area performs well in income and education and rent and childcare. Data was unavailable for safety — these dimensions were excluded from the overall score.

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What are common questions about this dashboard?

Is Spring Lake, MI affordable?
Spring Lake, MI receives an overall affordability grade of B (71/100) based on Census, HUD, FBI, and DOL data. Median household income is $92,672. Median home value is $340,200.
What is the cost of living in Spring Lake?
Key cost metrics: Median rent $1,261/mo. 2BR fair market rent $1,519/mo. Infant childcare $8,549/yr. Median home value $340,200.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →