Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 46.7 yrs |
|---|---|
| Avg HH Size | 2.12 |
| Below Poverty | 21.5% ▲ 115% above avg |
| College Grads | 29.5% ▼ 24% below avg |
| Unemployment | 3.5% ▼ 28% below avg |
| No HS Diploma | 3 (0.8%) |
| HS Graduate | 123 (33.3%) |
| Some College | 120 (32.5%) |
| Associates | 14 (3.8%) |
| Bachelors | 81 (22%) |
| Graduate Degree | 28 (7.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $61,813 ▼ 19% below avg |
|---|---|
| Median Home Value | $125,400 ▼ 55% below avg |
| Home/Income Ratio | 2.0x (nat avg ~3.5x) |
| Median Rent | $634/mo |
| Total Housing Units | 283 |
| Vacant Units | 38 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Lapaz is a city in Indiana, located in Marshall County. The city spans 1 ZIP code and is home to approximately 520 residents. It is a mature city, with a median age of 46.7 years.
Economically, Lapaz is a solidly middle-class community. The median household income of $61,813 is below the national average. Approximately 21.5% of residents live below the poverty line. The unemployment rate is 3.5%, below the national average.
The real estate market in Lapaz is one of the more affordable housing markets in the country. Median home values stand at $125,400, which is well below the national average. Renters typically pay around $634 per month. Homeownership is high at 91.0%, typical of suburban and family-oriented communities.
The population of Lapaz is moderately educated. 29.5% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (91.54%).
Lapaz, IN offers residents a cost-conscious lifestyle within Indiana.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 46537 | 520 | $61,813 | $125,400 | $634 | 3.5% | 29.5% | 91.0% |