Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.6 yrs |
|---|---|
| Avg HH Size | 2.49 |
| Below Poverty | 5.8% ▼ 42% below avg |
| College Grads | 43.1% ▲ 11% above avg |
| Unemployment | 3.0% ▼ 38% below avg |
| No HS Diploma | 5 (0.3%) |
| HS Graduate | 622 (33.3%) |
| Some College | 251 (13.4%) |
| Associates | 185 (9.9%) |
| Bachelors | 236 (12.6%) |
| Graduate Degree | 568 (30.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $77,411 ≈ Avg |
|---|---|
| Median Home Value | $190,700 ▼ 32% below avg |
| Home/Income Ratio | 2.5x (nat avg ~3.5x) |
| Median Rent | $1,253/mo |
| Total Housing Units | 1,192 |
| Vacant Units | 44 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Lapel is a city in Indiana, located in Madison County. The city spans 1 ZIP code and is home to approximately 2,857 residents. It is a middle-aged city, with a median age of 39.6 years.
Economically, Lapel is a middle-income community. The median household income of $77,411 is near the national average. Approximately 5.8% of residents live below the poverty line. The unemployment rate is 3.0%, below the national average.
The real estate market in Lapel is an affordable housing market. Median home values stand at $190,700, which is below the national average. Renters typically pay around $1,253 per month. Homeownership is high at 72.7%, typical of suburban and family-oriented communities.
The population of Lapel is well-educated. 43.1% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (91.84%).
Lapel, IN offers residents above-average earning potential within Indiana.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 46051 | 2,857 | $77,411 | $190,700 | $1,253 | 3.0% | 43.1% | 72.7% |