Lake Eliza, IN

Indiana · Metropolitan Area

Lake Eliza is a small town in Indiana with a population of 725. Residents earn $85,286 per year, which is 13% above the national average.

3.6 /5.0
B+ Good
725 Population 1,510/sq mi density
$85,286 Median Income $46,630 per capita
$168,000 Home Value
N/A Median Rent
52°F Avg Temperature
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$85,286 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$168,000 home value
F
Education
1.3 / 5.0
4.3% bachelor's degree or higher
Median Income $85,286
13% higher than US avg
Home Value $168,000
40% lower than US avg
Bachelor's+ 4.3%
87% lower than US avg
Unemployment 0.0%
100% lower than US avg
Poverty Rate 8.3%
33% lower than US avg

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

People

Population725
Median Age33.4 yrs
Density1,510/mi²
Male / Female55% / 46%
Largest GroupWhite 94%
Veterans0.0%

Economy

A+
Median Income$85,286
Per Capita$46,630
Unemployment0.0%
Poverty8.3%
County GDP$9,875M
Commute49 min

Housing

A+
Home Value$168,000
RentN/A
OwnershipN/A

Crime

ViolentN/A
PropertyN/A

Health

ObesityN/A
UninsuredN/A

Climate

Avg Temp52°F
AQI41 (Good)
Rain33.4 in/yr
Elevation764 ft

Education

F
Bachelor's+4.3%
High School+91.2%
School Score6.01

Community

2024 VoteR 54% / D 44%
Commute49 min
Broadband83.3%
Libraries7

Is Lake Eliza a Good Place to Live?

Based on current data, Lake Eliza receives an overall livability score of 3.6 out of 5.0, earning a grade of B+. Key strengths include above-average household incomes, low unemployment, affordable housing, a low poverty rate. Areas to be aware of include long commute times. Lake Eliza offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Lake Eliza is $85,286, 13% above the national average of $75,149. Residents generally enjoy above-average earning potential. The job market is very strong with unemployment at just 0.0%. 8.3% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 49 minutes, longer than the typical American commute of 28 minutes.

Cost of Living & Housing

The median home value in Lake Eliza is $168,000, 40% below the national median — offering relatively affordable homeownership. At just 2x median income, home prices are very affordable relative to local earnings.

Education

4.3% of residents hold a bachelor's degree, below the national average of 33.7%. 91.2% have completed high school. Area schools have an average test score of 6/10.

Climate & Weather

Lake Eliza experiences four distinct seasons with an average temperature of 52°F. Winters average 26°F in January while summers reach 75°F in July. Annual precipitation totals 33.4 inches. Air quality is rated Good with a median AQI of 41.

Lake Eliza has a population of 725 with a density of 1,510 people per square mile. The median age is 33.4 years, 14% younger than the national median of 38.9. The city is predominantly White (93.7%), with 3% Hispanic.

Population

725
Total Population
1,510
People / sq mi
33.4yrs
Median Age
14% below US avg
0.5mi²
Land Area

Gender Distribution

Male 54.5%
Female 45.5%

Race & Ethnicity

Lake Eliza vs U.S. Average

Language Spoken at Home

English Only95.3%
21% above US avg
Spanish4.7%
65% below US avg

Social Characteristics

Lake Eliza vs U.S. Average

The median household income in Lake Eliza is $85,286, which is 13% above the national average of $75,149. The unemployment rate is 0.0% (below the 3.6% US average). 8.3% of residents live below the poverty line. Workers commute an average of 49 minutes.

Income: Lake Eliza vs U.S.

Commute Mode

Income

Median HH Income$85,286
13% above US avg
Per Capita Income$46,630
Avg Weekly Wage$1,120
IRS Avg AGI$88,304

Employment & Poverty

Unemployment0.0%
100% below US avg
Poverty Rate8.3%
33% below US avg
Establishments (County)4,215
County GDP$9,875M

Business (County)

Restaurants369
Healthcare439
Retail464
Manufacturing151

Tax & Cost of Living

Property Tax (IRS)$4,957
42% above US avg
Effective Tax Rate2.95%

Commute & Transportation

Commute Time49.2 min
Drive Alone88.4%
Public Transit0.0%
Work from Home0.0%

Walkability

The median home value in Lake Eliza is $168,000, 40% below the national average.

Home Value Sources

Ownership Split

Home Values

Census Median$168,000
40% below US avg

Real Estate Market (Redfin)

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-Occupied96.1%

Property Tax

Avg Tax (IRS)$4,957
42% above US avg
Effective Rate2.95%

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

Chronic Conditions

Behaviors & Mental Health

Healthcare Access

Insurance Rate98.8%
Premature Death7,441/100K

Food & Exercise

Food Environment8.0/10
Exercise Access79.4%
Healthcare Facilities439

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

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)24

Safety Score

Lake Eliza has an average annual temperature of 52°F (11°C). Winters average 26°F in January while summers reach 75°F in July. Annual precipitation is 33.4 inches. Air quality is rated Good with a median AQI of 41.

Temperature

26°F Jan (-3°C) 75°F Jul (24°C)
Annual Average51.8°F
4% below US avg
January Average26°F (-3°C)
July Average75°F (24°C)

Precipitation & Snow

Annual Rainfall33.4 inches
12% below US avg

Air Quality

AQI Median41.0
RatingGood

Geography

Elevation764 ft (233 m)
Area0.5 sq mi (1.2 km²)
Population Density1,510/sq mi
Coordinates41.4291°N, 87.1817°W
County FIPS18127
It is classified as Metro — 1 million+. 4.3% of residents hold a bachelor's degree or higher (87% below US avg). In the 2024 election, the county voted Republican by a 10.5-point margin. 83.3% of households have broadband internet.

2024 Presidential Election (County)

R 54.3%
D 43.8%

Winner: Republican by 10.5 points

Education

Bachelor's Degree+4.3%
87% below US avg
High School+91.2%
School Test Score6.01
F Education Grade (1.3/5.0)

Urban-Rural Classification

RUCC Code 1Metro — 1 million+
Population Density1,510/sq mi
Total Area0.5 sq mi

Infrastructure & Services

Broadband Access83.3%
Public Libraries7
Healthcare Facilities439
Restaurants369
Retail Stores464

Safety & Disasters

Fatal Crashes (County/yr)24

Commute & Transportation

Avg Commute49.2 min
Drive Alone88.4%
Public Transit0.0%
Work from Home0.0%

Nearby Cities

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