Spirit Lake is a somewhat small city located in the state of Iowa. With a population of 5,516 people and two associated neighborhoods, Spirit Lake is the 80th largest community in Iowa.

Spirit Lake real estate is some of the most expensive in Iowa, although Spirit Lake house values don't compare to the most expensive real estate in the U.S.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 10.31% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

One of the benefits of Spirit Lake is that there is very little traffic. The average commute to work is 15.77 minutes, which is substantially less than the national average. Not only does this mean that the drive to work is less aggravating, but noise and pollution levels are lower as a result.

Being a small city, Spirit Lake does not have a public transit system used by locals to get to and from work.

The population of Spirit Lake is very well educated relative to most cities and towns in the nation, where the average community has 21.84% of its adult population holding a 4-year degree or higher: 35.15% of adults in Spirit Lake have a bachelor's degree or even advanced degree.

The per capita income in Spirit Lake in 2022 was $39,860, which is wealthy relative to Iowa, and upper middle income relative to the rest of the US. This equates to an annual income of $159,440 for a family of four. However, Spirit Lake contains both very wealthy and poor people as well.

The people who call Spirit Lake home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Spirit Lake residents report their race to be White, followed by Black or African-American. Important ancestries of people in Spirit Lake include German, Irish, Dutch, Norwegian, and Danish.

The most common language spoken in Spirit Lake is English. Other important languages spoken here include Spanish and Greek.