F

Spring Park, MN

Source:

Affordability Score: 28/100

Population: 1,672 · 1 ZIP codes

The affordability dashboard for Spring Park, MN aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 1,672 residents, then layers in county-level federal data to produce an overall grade of F (28/100). The headline inputs are median household income of $48,315, median home value of $661,600, median rent of $1,241 per month, and 31.8% 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 $1,709 per month (studio $1,242, 1BR $1,405, 3BR $2,262, 4BR $2,531). Department of Labor data lists infant center-based childcare at $20,280 per year, consuming 42% 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. Pressure points are income, housing, rent, childcare. Unemployment currently reads 8.9% and poverty 9.0% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income F
$48,315
Median household income
Education C-
31.8%
Bachelor's degree or higher
Housing F
13.7x
Home value $661,600 vs income
Commute B
21 min
Average commute time
Rent F
$1,709/mo
2BR fair market rent (42% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare F
$20,280/yr
Center-based infant care (42% of income)

Income & Employment

Median Income
$48,315
▼ 22% vs national
Per Capita Income
$57,369
Unemployment Rate
8.9%
Poverty Rate
9.0%

Housing

Median Home Value
$661,600
▲ 141% vs national
Median Rent
$1,241/mo
Owner Occupied
24.9%
2BR Fair Market Rent
$1,709/mo
▲ 42% vs national

Fair Market Rents by Bedroom

Studio
$1,242
1BR
$1,405
2BR
$1,709
3BR
$2,262
4BR
$2,531

Safety

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

Education & Family

Bachelor's Degree+
31.8%
▲ 2 ppt vs national
High School+
61.9%
Median Age
57.0
Avg. Commute
21 min
▼ 5 min vs national

Childcare Costs

Infant (Center)
$20,280/yr
42% of income
Toddler (Center)
$18,073/yr
Preschool (Center)
$16,068/yr
School-Age (Center)
$12,324/yr

What This Means

Spring Park, MN receives an overall affordability grade of F (28/100), aggregated from 1 ZIP codes with a total population of 1,672. Challenges include income and housing 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 Park, MN affordable?
Spring Park, MN receives an overall affordability grade of F (28/100) based on Census, HUD, FBI, and DOL data. Median household income is $48,315. Median home value is $661,600.
What is the cost of living in Spring Park?
Key cost metrics: Median rent $1,241/mo. 2BR fair market rent $1,709/mo. Infant childcare $20,280/yr. Median home value $661,600.
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 →