Spring Lake vs Wilmington: Housing
| Spring Lake | Wilmington | |
|---|---|---|
| Median Home Value | $124,000 | $383,800 |
| Median Gross Rent | $1,351/mo | $1,395/mo |
| Homeownership Rate | 19.8% | 47.6% |
| Rent as Share of Income | 31.2% | 25.1% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.