Springlake, TX Profile: Facts & Data

The Town of Springlake had a population of 120 as of July 1, 2024. Springlake ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Texas. See peer rankings below.

The primary coordinate point for Springlake is located at latitude 34.2318 and longitude -102.306 in Lamb County. The formal boundaries for the Town of Springlake encompass a land area of 1.03 sq. miles and a water area of 0 sq. miles. Lamb County is in the Central time zone (GMT -6).

The Town of Springlake has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Texas is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Town of Springlake is located within Earth Division of Lamb County.

Springlake, TX Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	120 (100%)
Population in Households	120 (100.0%)
Population in Families	95 (79.2%)
Population in Group Quarters¹	0
Population Density	117
Diversity Index²	71


INCOME
Median Household Income	$86,237
Average Household Income	$135,465
% of Income for Mortgage⁴	0%
Per Capita Income	$57,572
Wealth Index⁵	142
Socioeconomic Status Index⁶	Moderate (47.5)

HOUSING
Total HU (Housing Units)	67 (100%)
Owner Occupied HU	38 (56.7%)
Renter Occupied HU	13 (19.4%)
Vacant Housing Units	16 (23.9%)
Median Home Value	$92,857
Average Home Value	$147,368
Housing Affordability Index³	0

HOUSEHOLDS
Total Households	51
Average Household Size	2.35
Family Households	28
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
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 races 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.
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.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
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.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Springlake, TX - Peer Comparisons by Rank and Percentile

The table below compares Springlake to the other 1,863 incorporated cities, towns and CDPs in Texas by rank and percentile using July 1, 2024 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.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-4.35%	-1.37%
Households	-4.13%	-1.21%
Families		3.34%
Median Household Income		4.59%
Per Capita Income		2.38%
Owner Occupied HU		-1.63%

Variable Description	Rank	Percentile
Total Population	# 1671	10th
Population Density	# 1671	10th
Median Household Income	# 417	78th
Housing Affordability Index	# 9	0th
Per Capita Income	# 144	92nd
Diversity Index	# 725	61st

Springlake, TX Profile: Facts & Data

Springlake, Texas - Basic Facts

Springlake, TX Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Springlake, TX - Peer Comparisons by Rank and Percentile

Springlake, TX - Most Popular Things to Do

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