Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Spring Lake Park

Learn about the people, housing, costs and businesses in Spring Lake Park, Minnesota

Median Home$336,542
Median Rent$1,499/month
Population34,971
Leading IndustriesRetail · Transportation · Education18% retail
Home Value Growth+9.6% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners82% of occupied units
NotableHigh Incomes$103k/year · top 13% nationally
NotableHighly Educated22% hold a bachelor's degree · top 24% nationally
Spring Lake Park
MN

Explore Spring Lake Park

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Spring Lake Park?

As of today, the 30-year fixed mortgage rate for Spring Lake Park is approximately 6.927% (6.964% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Spring Lake Park
What is the median home price in Spring Lake Park?

The median home value in Spring Lake Park is $337k. The median monthly rent is $1,499. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Spring Lake Park?

Home values in Spring Lake Park have increased 9.6% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Spring Lake Park?

Based on a typical all-in ownership cost of $1,560/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $67k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Spring Lake Park is $103k/year.

Calculate your buying power
What industries drive the economy in Spring Lake Park?

The largest employment sectors in Spring Lake Park are public administration (22%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.