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Spring Lake borough, New Jersey

City

Population: 2,782 (2023 estimate)

Located in New Jersey , New Jersey

Census Bureau data for Spring Lake borough from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Spring Lake borough

What is the median household income in Spring Lake borough?
The median household income in Spring Lake borough is $146,976 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Spring Lake borough?
The poverty rate in Spring Lake borough is 3.6% (U.S. Census Bureau ACS 2023).
What is the median home value in Spring Lake borough?
$2,000,001 (U.S. Census Bureau ACS 2023).
What is the average rent in Spring Lake borough?
The median gross rent in Spring Lake borough is $2,194 per month (U.S. Census Bureau ACS 2023).
What percentage of Spring Lake borough residents have a college degree?
81.3% of adults in Spring Lake borough hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
2,782
Median Income
$146,976
Median Home Value
$2,000,001
Poverty Rate
3.6%
Unemployment (ACS 2023)
2.8%
Median Age
61.0 yrs
Since 2019 Median Income: +$60,776 (+70.5%) Home Value: +$181,501 (+10%) Poverty Rate: -5.0 pp (-58.1%) Bachelor's+: +12.5 pp (+18.2%) Unemployment: +0.7 pp (+33.3%)

Demographics

Total Population 2,782
Median Age 61.0
Female 52.7%
Race & Ethnicity
Hispanic or Latino 1.3% White (non-Hisp.) 95.4% Black 0.1% Two or More 4.1% Other 0.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $146,976 ±$52,168
+$45,926 vs. state
Per Capita Income $276,809
Median Family Income $229,659
Poverty Rate 3.6%
-3.4 pp vs. state
Child Poverty Rate 0.0%
Working-Age Poverty Rate —
SNAP Recipients 0.5%
Social Security Income —
Retirement Income 51.8%
Household Income Distribution
< $10k
2.1%
$15–25k
1.4%
$25–35k
4.2%
$35–50k
1.5%
$50–75k
9.3%
$75–100k
17.0%
$100–150k
15.0%
$150–200k
8.9%
$200k+
40.6%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 1,991
Owner-Occupied 88.2%
Renter-Occupied 11.8%
Vacancy Rate 34.7%
Median Home Value $2,000,001
+$1,572,401 vs. state
Median Gross Rent $2,194
Owner Cost Burden (30%+) 34.7%
Renter Cost Burden (30%+) 43.2%
Home Value Distribution
< $50k
1.0%
$200–300k
0.6%
$300–500k
2.5%
$500k–$1M
11.1%
$1M+
84.1%
Gross Rent Distribution
$1–1.5k
29.5%
$1.5–2k
6.8%
$2–2.5k
35.2%
$3.5k+
28.4%
Vehicle Availability
No vehicle
2.5%
1 vehicle
27.0%
2 vehicles
52.0%
3+
18.5%
Housing Type
Single-fam. det.
87.7%
Single-fam. att.
4.3%
2–4 units
1.2%
20+ units
5.8%
Housing Age
Pre-1940
33.9%
1940–1969
7.7%
1970–1999
3.9%
2000–2009
16.8%
2010+
15.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 97.8%
Bachelor's or Higher 81.3%
+38.4 pp vs. state
Graduate Degree 43.4%
Some College / Associate 5.2%
Less Than High School 2.2%
Enrolled in School —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 40.0%
Unemployment Rate 2.8%
-3.4 pp vs. state
Work from Home 26.9%
Self-Employed 11.5%
Government Workers 11.1%
Private For-Profit 77.3%
Industry
Finance
23.8%
Edu/Health
21.3%
Prof. Services
20.8%
Arts/Entmt.
9.9%
Manufacturing
9.4%
Retail
6.9%
Construction
3.6%
Information
1.7%
Transportation
1.3%
Wholesale
1.0%
Occupation
Management
72.0%
Sales
15.3%
Food Prep
5.9%
Construction
4.1%
Production
2.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 34.9 min
Drove Alone 63.8%
Carpool 0.0%
Public Transit 5.4%
Work from Home 26.9%
Walked 3.9%
Bicycle —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 1,301
Avg. Household Size 2.00
Avg. Family Size —
Married-Couple Households 69.9%
Single-Mother Households —
Single-Father Households —
Living Alone —
Households with Children 14.8%
Multigenerational —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
3.2%
5–9
3.0%
10–14
3.1%
15–19
3.0%
20–24
2.6%
25–34
4.1%
35–44
5.0%
45–54
15.2%
55–64
8.2%
65–74
12.6%
75–84
24.5%
85+
12.7%
Under 18: 11.5% Working age (18–64): 88.5% 65 and over: 40.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 3.7%
Naturalized Citizen 78.8%
Speaks English Less Than Very Well 1.2%
Foreign-Born Origin
Latin America
35.6%
Europe
22.1%
Asia
1.0%

Veterans & Disability

Veteran 6.3%
With a Disability 14.0%
Cognitive Difficulty —
Ambulatory Difficulty —

Health Insurance

Insured 99.1%
Uninsured 0.9%
Employer Insurance —
Medicaid —
Medicare —

Technology & Mobility

Broadband Internet 95.2%
Has a Computer 98.5%
Same House 1 Year Ago 90.4%
Moved from Abroad 0.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Compare Spring Lake borough

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Trends 2017–2023

Income Poverty Home Values Rent Homeownership Education Unemployment Commute Time Work From Home Foreign-Born Uninsured