Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 37.3 yrs |
|---|---|
| Avg HH Size | 2.44 |
| Below Poverty | 23.8% ▲ 138% above avg |
| College Grads | 22.8% ▼ 41% below avg |
| Unemployment | 9.9% ▲ 102% above avg |
| No HS Diploma | 35 (1.8%) |
| HS Graduate | 1,005 (53%) |
| Some College | 177 (9.3%) |
| Associates | 246 (13%) |
| Bachelors | 91 (4.8%) |
| Graduate Degree | 341 (18%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $75,057 ≈ Avg |
|---|---|
| Median Home Value | $198,300 ▼ 29% below avg |
| Home/Income Ratio | 2.6x (nat avg ~3.5x) |
| Median Rent | $963/mo |
| Total Housing Units | 1,351 |
| Vacant Units | 100 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Lake Village is a city in Indiana, located in Newton County. The city spans 1 ZIP code and is home to approximately 3,060 residents. It is a relatively young city, with a median age of 37.3 years.
Economically, Lake Village is a middle-income community. The median household income of $75,057 is near the national average. Approximately 23.8% of residents live below the poverty line. The unemployment rate is 9.9%, more than double the national average.
The real estate market in Lake Village is an affordable housing market. Median home values stand at $198,300, which is below the national average. Renters typically pay around $963 per month. Homeownership is high at 75.9%, typical of suburban and family-oriented communities.
The population of Lake Village is less-educated. 22.8% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (98.63%).
Lake Village, IN offers residents a cost-conscious lifestyle within Indiana.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 46349 | 3,060 | $75,057 | $198,300 | $963 | 9.9% | 22.8% | 75.9% |