Indiana
Lake of the Woods is a small town in Indiana with a population of 658. Residents earn $64,375 per year, which is 14% below the national average.
Based on current data, Lake of the Woods receives an overall livability score of 3.6 out of 5.0, earning a grade of B+. Key strengths include affordable housing, a low poverty rate. Areas to be aware of include above-average unemployment. Lake of the Woods offers a solid quality of life with a good balance of affordability, safety, and opportunity.
The median household income in Lake of the Woods is $64,375, 14% below the national average of $75,149. The unemployment rate of 7.5% is somewhat elevated compared to the national rate of 3.6%. Only 0.0% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 26 minutes.
The median home value in Lake of the Woods is $189,600, 33% below the national median — offering relatively affordable homeownership. Renters pay a median of $1,020 per month, below the national average — a plus for affordability. At just 2.9x median income, home prices are very affordable relative to local earnings.
14.8% of residents hold a bachelor's degree, below the national average of 33.7%. 93.2% have completed high school. Area schools have an average test score of 6/10.
Lake of the Woods experiences four distinct seasons with an average temperature of 50°F. Winters average 24°F in January while summers reach 73°F in July. Annual precipitation totals 40.3 inches, including 54.9 inches of snow. Air quality is rated Good with a median AQI of 41.
| English Only | 97.1% |
| 24% above US avg | |
| Spanish | 2.9% |
| 78% below US avg |
| Median HH Income | $64,375 |
| 14% below US avg | |
| Per Capita Income | $37,838 |
| Avg Weekly Wage | $989 |
| IRS Avg AGI | $69,578 |
| Unemployment | 7.5% |
| 108% above US avg | |
| Poverty Rate | 0.0% |
| 100% below US avg | |
| Establishments (County) | 1,155 |
| County GDP | $2,376M |
| Restaurants | 92 |
| Healthcare | 96 |
| Retail | 163 |
| Manufacturing | 138 |
| Property Tax (IRS) | $4,139 |
| 18% above US avg | |
| Effective Tax Rate | 2.18% |
| Commute Time | 25.7 min |
| Work from Home | 6.7% |
| Census Median | $189,600 |
| 33% below US avg |
| Census Median Rent | $1,020 |
| 12% below US avg |
| Studio | $816 |
| 1 Bedroom | $882 |
| 2 Bedrooms | $1,096 |
| 3 Bedrooms | $1,391 |
| 4 Bedrooms | $1,590 |
| Owner-Occupied | 63.6% |
| Avg Tax (IRS) | $4,139 |
| 18% above US avg | |
| Effective Rate | 2.18% |
| Insurance Rate | 85.4% |
| Premature Death | 9,237/100K |
| Food Environment | 8.1/10 |
| Exercise Access | 63.3% |
| Healthcare Facilities | 96 |
| Fatal Crashes (County/yr) | 10 |
| Annual Average | 50.0°F |
| 7% below US avg | |
| January Average | 24°F (-4°C) |
| July Average | 73°F (23°C) |
| Annual Rainfall | 40.3 inches |
| 6% above US avg | |
| Snowfall | 54.9 inches/yr |
| AQI Median | 41.0 |
| Rating | Good |
| Elevation | 807 ft (246 m) |
| Area | 0.7 sq mi (1.8 km²) |
| Population Density | 954/sq mi |
| Coordinates | 41.4223°N, 86.2232°W |
| County FIPS | 18099 |
Winner: Republican by 43.4 points
| Bachelor's Degree+ | 14.8% |
| 56% below US avg | |
| High School+ | 93.2% |
| School Test Score | 6.01 |
| RUCC Code 6 | Nonmetro — Urban 2.5K–20K, adjacent |
| Population Density | 954/sq mi |
| Total Area | 0.7 sq mi |
| Public Libraries | 5 |
| Healthcare Facilities | 96 |
| Restaurants | 92 |
| Retail Stores | 163 |
| Fatal Crashes (County/yr) | 10 |
| Avg Commute | 25.7 min |
| Work from Home | 6.7% |