Spring Lake, NJ Profile: Facts & Data

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Spring Lake, New Jersey - Basic Facts

The Borough of Spring Lake had a population of 3,170 as of July 1, 2019. Spring Lake ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in New Jersey. See peer rankings below.

The primary coordinate point for Spring Lake is located at latitude 40.1534 and longitude -74.0282 in Monmouth County. The formal boundaries for the Borough of Spring Lake encompass a land area of 1.33 sq. miles and a water area of 0.4 sq. miles. Monmouth County is in the Eastern time zone (GMT -5). The elevation is 16 feet.

The Borough of Spring Lake (GNIS ID: 885406) has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Alternate Unofficial Names for Spring Lake: Spring Lake Beach, Springlake Beach.

Jump to... (On This Page!)
  1. Spring Lake 2019 Demographic Data
  2. Growth Rates for Spring Lake (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. New Jersey Research Tools (Easy Tools & Current Data)
  3. New Jersey Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Spring Lake, NJ Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Spring Lake, NJ Housing Affordability Index is 43
State of New Jersey Housing Affordability Index is 91
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Spring Lake, NJ Wealth Index is 328
State of New Jersey Wealth Index is 148
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

More Tools and Resources:

  1. For information about schools and school attendance zones, use the HTL Address Tool
  2. Our new HTL Neighborhood Explorer provides lots of detail about any neighborhood.
  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the New Jersey COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 3,170
Population in Households 3,162
Population in Families 2,642
Population in Group Qrtrs 8
Population Density 2,379
Diversity Index1 10
 

INCOME

Median Household Income $132,643
Average Household Income $185,285
Per Capita Income $77,684
Wealth Index3 328

HOUSING

Total Housing Units 2,123 (100%)
Owner Occupied HU 1,111 (52.3%)
Renter Occupied HU 218 (10.3%)
Vacant Housing Units 794 (37.4%)
Median Home Value $1,549,769
Housing Affordability Index2 43
 

HOUSEHOLDS

Total Households 1,329
Average Household Size 2.38
Family Households 878
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.62% 0.41%
Households 0.64% 0.4%
Families 0.62% 0.41%
Median Household Income   2.17%
Per Capita Income   1.72%

Spring Lake, NJ - Peer Comparisons by Rank and Percentile

The table below compares Spring Lake to the other 545 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 339 38th
Population Density # 290 47th
Diversity Index # 529 3rd
Median Household Income # 79 86th
Per Capita Income # 40 93rd

Additional comparisons and rankings can be made with a VERY EASY TO USE New Jersey Census Data Comparison Tool.

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