Lake of the Woods, IN
Full City Profile · Indiana · Marshall County County
2.9
/5.0
C+
Fair
658
Population
954/sq mi density
$64,375
Median Income
$37,838 per capita
$189,600
Home Value
$269,498 Zillow
$1,020
Median Rent
20.3% income on rent
50°F
Avg Temperature
275 sunny days/yr
585
Violent Crime/100K
1,407 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$64,375 median income, 7.5% unemployment
A+
Affordability
5.0 / 5.0
$189,600 home value, $1,020/mo rent
F
Safety
1.0 / 5.0
585 violent crimes/100K (54% above avg)
C
Education
2.2 / 5.0
14.8% bachelor's degree or higher
Income Overview
Median Household Income
$64,375
14% below
US avg: $75,149
Per Capita Income
$37,838
3% below
US avg: $39,052
Unemployment Rate
7.5%
108% above
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%
Income Comparison: Lake of the Woods vs. U.S. Average
Each bar shows Lake of the Woods’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$64,375
86%
Per Capita
US: $39,052
$37,838
97%
IRS Avg AGI
US: $72,000
$69,578
97%
Avg Weekly Wage
US: $1,432
$989
69%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$989
31% below US avg ($1,432)
Mean Commute Time
26 min
7% below US avg (28 min)
Work From Home
6.7%
56% below US avg (15.2%)
Drive Alone
93.3%
27% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$2,376M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
93.3%
Public Transit
0%
Work From Home
6.7%
Average commute time
26 minutes
US avg: 28 min
Business Landscape
Total Establishments
1,155
Restaurants
92
Healthcare
96
Retail
163
Manufacturing
138
Tax & Financial
IRS Avg Adjusted Gross Income
$69,578
3% below US avg ($72,000)
Avg Property Tax
$4,139
18% above US avg ($3,500)
Cost of Living Index
93.3
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $64,375 |
| Per Capita Income | $37,838 |
| IRS Avg Adjusted Gross Income | $69,578 |
| Avg Weekly Wage | $989 |
| County GDP | $2,376M |
Hardship Indicators
| Unemployment Rate | 7.5% |
| Poverty Rate | 0.0% |
| Gini Coefficient | 0.427 |
| Cost of Living Index | 93.3 |
Commute
| Mean Commute | 26 minutes |
| Drive Alone | 93.3% |
| Public Transit | 0.0% |
| Work From Home | 6.7% |
Businesses
| Total Establishments | 1,155 |
| Restaurants | 92 |
| Healthcare | 96 |
| Retail | 163 |
| Manufacturing | 138 |
Tax
| IRS Avg AGI | $69,578 |
| Avg Property Tax | $4,139 |
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