Heritage Lake, IN

Indiana

Heritage Lake is a small town in Indiana with a population of 2,913. Residents earn $81,495 per year, which is 8% above the national average.

4.0 /5.0
A Great
2,913 Population 968/sq mi density
$81,495 Median Income $43,698 per capita
$237,300 Home Value
N/A Median Rent
51°F Avg Temperature
A
Overall
4.0 / 5.0
Great overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$81,495 median income, 2.7% unemployment
A+
Affordability
5.0 / 5.0
$237,300 home value
C+
Education
2.7 / 5.0
20.8% bachelor's degree or higher
Median Income $81,495
8% higher than US avg
Home Value $237,300
16% lower than US avg
Bachelor's+ 20.8%
38% lower than US avg
Obesity Rate 38.9%
21% higher than US avg
Unemployment 2.7%
25% lower than US avg
Poverty Rate 7.1%
43% lower than US avg

How Heritage Lake Compares to the U.S. Average (100% = U.S. avg)

People

Population2,913
Median Age34.0 yrs
Density968/mi²
Male / Female48% / 52%
Largest GroupWhite 99%

Economy

A
Median Income$81,495
Per Capita$43,698
Unemployment2.7%
Poverty7.1%
County GDP$1,459M
Commute31 min

Housing

A+
Home Value$237,300
RentN/A
OwnershipN/A

Crime

ViolentN/A
PropertyN/A

Health

Obesity38.9%
UninsuredN/A
Depression27.9%
Heart Disease5.9%

Climate

Avg Temp51°F
AQI41 (Good)
Rain46.1 in/yr
Elevation872 ft

Education

C+
Bachelor's+20.8%
High School+95.1%
School Score6.01

Community

2024 VoteR 75% / D 23%
Commute31 min
Libraries2

Is Heritage Lake a Good Place to Live?

Based on current data, Heritage Lake receives an overall livability score of 4.0 out of 5.0, earning a grade of A. Key strengths include low unemployment, affordable housing, a low poverty rate, high health insurance coverage. Areas to be aware of include high obesity rates. Heritage Lake stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The median household income in Heritage Lake is $81,495, roughly in line with the national average of $75,149. The job market is very strong with unemployment at just 2.7%. Only 7.1% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 31 minutes.

Cost of Living & Housing

The median home value in Heritage Lake is $237,300, 16% below the national median — offering relatively affordable homeownership. At just 2.9x median income, home prices are very affordable relative to local earnings.

Education

20.8% of residents hold a bachelor's degree, below the national average of 33.7%. 95.1% have completed high school. Area schools have an average test score of 6/10.

Climate & Weather

Heritage Lake experiences four distinct seasons with an average temperature of 51°F. Winters average 26°F in January while summers reach 72°F in July. Annual precipitation totals 46.1 inches, including 22.1 inches of snow. Air quality is rated Good with a median AQI of 41.

Heritage Lake has a population of 2,913 with a density of 968 people per square mile. The median age is 34.0 years, 13% younger than the national median of 38.9. The city is predominantly White (99.2%).

Population

2,913
Total Population
968
People / sq mi
34.0yrs
Median Age
13% below US avg
3.0mi²
Land Area

Gender Distribution

Male 47.9%
Female 52.1%

Race & Ethnicity

Heritage Lake vs U.S. Average

Language Spoken at Home

English Only100.0%
27% above US avg
Spanish0.0%
100% below US avg

Social Characteristics

Heritage Lake vs U.S. Average

The median household income in Heritage Lake is $81,495, which is 8% above the national average of $75,149. The unemployment rate is 2.7% (below the 3.6% US average). 7.1% of residents live below the poverty line. Workers commute an average of 31 minutes.

Income: Heritage Lake vs U.S.

Commute Mode

Income

Median HH Income$81,495
8% above US avg
Per Capita Income$43,698
Avg Weekly Wage$975
IRS Avg AGI$65,519

Employment & Poverty

Unemployment2.7%
25% below US avg
Poverty Rate7.1%
43% below US avg
Establishments (County)768
County GDP$1,459M

Business (County)

Restaurants79
Healthcare71
Retail111
Manufacturing22

Tax & Cost of Living

Property Tax (IRS)$2,138
39% below US avg
Effective Tax Rate0.90%

Commute & Transportation

Commute Time30.5 min
Work from Home4.4%

Walkability

The median home value in Heritage Lake is $237,300, 16% below the national average.

Home Value Sources

Ownership Split

Home Values

Census Median$237,300
16% below US avg
Median List Price$294,900

Real Estate Market (Redfin)

Median List Price$294,900
$/Sq Ft$197
Homes Sold7
Sale-to-List Ratio99.8%
Price Drops21.4%
Inventory14

Rental Costs

HUD Fair Market Rent

Studio$816
1 Bedroom$882
2 Bedrooms$1,096
3 Bedrooms$1,391
4 Bedrooms$1,590

Ownership & Property

Owner-Occupied97.5%

Property Tax

Avg Tax (IRS)$2,138
39% below US avg
Effective Rate0.90%
In Heritage Lake, 38.9% of adults are obese (above the 32.1% national rate). 27.9% report depression. 22.9% are physically inactive.

Health Metrics: Heritage Lake vs U.S. Average (%)

Chronic Conditions

Obesity38.9%
21% above US avg
Diabetes10.7%
Heart Disease5.9%
High Blood Pressure33.3%
Asthma11.7%
COPD7.3%
Stroke2.9%

Behaviors & Mental Health

Binge Drinking18.3%
Physical Inactivity22.9%
Depression27.9%
Mental Distress19.2%
Physical Distress13.2%

Healthcare Access

Insurance Rate96.8%
Checkup Rate77.8%
Premature Death8,446/100K

Food & Exercise

Food Environment8.3/10
Exercise Access62.4%
Healthcare Facilities71

Crime Rates: Heritage Lake vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)8

Safety Score

Heritage Lake has an average annual temperature of 51°F (10°C). Winters average 26°F in January while summers reach 72°F in July. Annual precipitation is 46.1 inches. Air quality is rated Good with a median AQI of 41.

Temperature

26°F Jan (-4°C) 72°F Jul (22°C)
Annual Average50.5°F
6% below US avg
January Average26°F (-4°C)
July Average72°F (22°C)

Precipitation & Snow

Annual Rainfall46.1 inches
21% above US avg
Snowfall22.1 inches/yr

Air Quality

AQI Median41.0
RatingGood

Geography

Elevation872 ft (266 m)
Area3.0 sq mi (7.8 km²)
Population Density968/sq mi
Coordinates39.7371°N, 86.7072°W
County FIPS18133
It is classified as Nonmetro — Urban 2.5K–20K, adjacent. 20.8% of residents hold a bachelor's degree or higher (38% below US avg). In the 2024 election, the county voted Republican by a 52-point margin.

2024 Presidential Election (County)

R 75.1%
D 23.1%

Winner: Republican by 52 points

Education

Bachelor's Degree+20.8%
38% below US avg
High School+95.1%
School Test Score6.01
C+ Education Grade (2.7/5.0)

Urban-Rural Classification

RUCC Code 6Nonmetro — Urban 2.5K–20K, adjacent
Population Density968/sq mi
Total Area3.0 sq mi

Infrastructure & Services

Public Libraries2
Healthcare Facilities71
Restaurants79
Retail Stores111

Safety & Disasters

Fatal Crashes (County/yr)8

Commute & Transportation

Avg Commute30.5 min
Work from Home4.4%

Nearby Cities

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