HomeFloridaHernando CountySpring Hill
Spring Hill, Florida: commercial real estate data.
Spring Hill is a Census CDP of 119,983 people across 59.92 square miles of land, in Hernando County. Median household income is $68,432, 80.3 percent of occupied homes are owned, and the SBA record carries 66 7(a) approvals to borrowers here worth $34.1 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Spring Hill
What Spring Hill is
- Census place typeCDP
- Land area59.92 sq mi
- Water area2.38 sq mi
- Population per square mile of land2,002
- County holding the largest share of its areaHernando County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Spring Hill
How many people live in Spring Hill
- Population119,983
- Median age44.0
- Population under 1823,759
- Share under 1819.8 percent
- Population 65 and over27,302
- Share 65 and over22.8 percent
- Households45,571
- Family households31,728
- Share of households that are families69.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Spring Hill
Income and work in Spring Hill
- Median household income$68,432
- Per capita income$33,037
- Civilian labor force53,759
- Employed50,787
- Unemployed2,972
- Unemployment rate5.5 percent
- Adults 25 and over87,808
- Adults 25 and over with a high school diploma or higher90.5 percent
- Adults 25 and over with a bachelor degree or higher19.9 percent
- Adults 25 and over with a graduate degree6.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Spring Hill
Housing in Spring Hill
- Housing units48,996
- Occupied units45,571
- Vacant units3,425
- Vacancy rate7.0 percent
- Owner occupied36,601
- Renter occupied8,970
- Ownership rate80.3 percent
- Median owner-occupied home value$288,500
- Median gross rent, monthly$1,440
- Annual rent as a share of median income25.3 percent
- Single family units44,080
- Share single family90.0 percent
- Units in buildings of two or more3,480
- Share in buildings of two or more7.1 percent
- Mobile homes1,406
- Median year structure built1993
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Spring Hill
How Spring Hill gets to work
- Workers 16 and over who commute42,812
- Commuting under 15 minutes9,779
- Share commuting under 15 minutes22.8 percent
- Commuting 30 minutes or more18,277
- Share commuting 30 minutes or more42.7 percent
- Drove alone74.4 percent
- Carpooled8.3 percent
- Public transport0.3 percent plus or minus 0.2
- Walked1.1 percent plus or minus 0.5
- Worked from home14.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Spring Hill
SBA loans in Spring Hill (7(a))
- Approvals66
- Gross approval$34,072,800
- Average approval$516,255
- Median approval$150,000
- Ninetieth percentile approval$1,284,350
- Largest approval$5,000,000
- Jobs supported566
- Jobs per approval8.6
- Loans with a final outcome9
- Paid in full9
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more15.2 percent
- Share to franchises16.7 percent
- Distinct lenders26
- Distinct industries by NAICS49
Counted by borrower city: approvals to borrowers whose address is in Spring Hill, in any county, FY2020 to FY2026. Only 9 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Spring Hill
SBA loans in Spring Hill (504)
- Approvals14
- Gross approval$10,421,000
- Average approval$744,357
- Median approval$493,000
- Largest approval$2,303,000
- Jobs supported130
- Loans with a final outcome4
- Charged off1
- Median term300 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Spring Hill, in any county, FY2010 to FY2026. Only 4 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Hernando County, not Spring Hill
Hernando County context, not Spring Hill figures
- Establishments in Hernando County3,874
- Covered employment, Hernando County50,853
- Average annual pay, Hernando County$50,502
- Housing units permitted, Hernando County2,505
Every figure in this section is published for Hernando County as a whole and is not a measurement of Spring Hill.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Spring Hill questions, answered from the record.
How many people live in Spring Hill, Florida?
119,983, in 45,571 households. Spring Hill CDP covers 59.92 square miles of land, which is 2,002 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Spring Hill in?
Hernando County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Spring Hill?
$68,432. The median owner-occupied home is valued at $288,500. Median gross rent is $1,440 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Spring Hill businesses?
66 7(a) approvals totaling $34.1 m since FY2020, across 26 lenders, median approval $150,000, plus 14 504 approvals worth $10.4 m since FY2010. These count approvals to borrowers whose address is in Spring Hill, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Spring Hill borrowers get paid back?
No rate is published for Spring Hill. Only 9 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Are the county figures on this page Spring Hill figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Hernando County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Spring Hill.
Is zoning published for Spring Hill?
No. Nothing on this page presents parcel level zoning.