Spring Grove, Indiana.
Typical home $183,114 (+11.1% in a year). Richmond, IN metro.
to buy the typical home at today's mortgage rate — +$586 (+156%) since Jan 2020.
- 1 year
- Up $18,295 +11%
- $164,819$183,114 since Sep 2025
- 5 years
- Up $63,313 +53%
- $119,801$183,114 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Spring Grove$961
- Indiana$1,350
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 8 years.
Typical home values in Spring Grove, IN rose 11.1% over the past year — faster than the nation's +1.2%.
Living in Spring Grove, Wayne County, Indiana
Spring Grove is a town of 332 people in Wayne County. Unemployment in Wayne County was 3.7% in August 2026, and the county had 1.2% fewer jobs in 2025 than the year before. The most people in Wayne County work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Spring Grove is a very small town in Wayne County, Indiana, close enough to Richmond that daily life tends to reach beyond its own borders. Homes here are valued below what many buyers would find across much of the country, and household incomes across the county sit below the national picture. Winters are cold, with January the coldest month, and summers turn warm in July, with a steady amount of rain and melted snow through the year.
Work. Across Wayne County, the largest groups of working people are in schools, hospitals and social care, followed by manufacturing, shops, and restaurants, hotels and entertainment. Among the biggest workplaces in the county are Reid Hospital & Health Care Services, Richmond Community Schools and Indiana University-East. Unemployment in the county has eased a little compared with a year earlier, though the county has fewer jobs than it did the year before, and very few people here work from home.
Things to do. The Richmond Art Museum and Hayes Arboretum, a botanical garden, are both in or beside town, and the Richmond Civic Theater is there too for an evening out. The Levi Coffin House, a museum, is a short drive away. Four Mile Creek, also a short drive off, offers some time by the water.
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- 22%of adults have a degree
- 4%work from home
What people in Wayne County work in
Employed residents by industry, from the Census survey. Wayne County had 29,380 jobs in 2025, 1.2% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 36° and lows near 20°; warmest in July, with highs near 85° and lows near 64°. About 43 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Richmond Wtr Wks weather station, under a mile away (NOAA).
Largest workplaces in Wayne County
- Reid Hospital & Health Care ServicesGeneral hospital1,246FTE
- Richmond Community SchoolsSchool district666FTE
- Sugar Creek Packing Co. CCIBacon, slab and sliced, made from purchased carcasses651
- City Of RichmondGeneral public administration580
- Indiana University-EastUniversity or college396
- Earlham CollegeUniversity or college362
- Richmond State HospitalPsychiatric hospital361FTE
- WalmartWarehouse clubs and supercenters356
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 88 workplaces with 20 or more staff, 9,117 people in all across the county; Spring Grove has none of its own. Hospitals come from their Medicare cost reports (CMS, 2023), school districts from the Common Core of Data (NCES, 2023–24) and colleges from IPEDS (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- TornadoesVery high
- Strong windRelatively high
- Inland floodingRelatively high
- HailRelatively moderate
- LightningRelatively moderate
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Spring Grove’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Wayne County and the Richmond, IN metro.
Spring Grove home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Spring Grove$183,114
- Indiana$257,165
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Zip codes with a Spring Grove address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Spring Grove — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zillow publishes no zip-level series with this city on the address.