Laketon, IN

Indiana

Laketon is a small town in Indiana with a population of 532. Residents earn $78,750 per year, which is 5% above the national average.

4.8 /5.0
A+ Excellent
532 Population 507/sq mi density
$78,750 Median Income $39,745 per capita
$196,700 Home Value $118,894 Zillow
$1,021 Median Rent
50°F Avg Temperature
A+
Overall
4.8 / 5.0
Excellent overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$78,750 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$196,700 home value, $1,021/mo rent
A+
Education
4.9 / 5.0
0.0% bachelor's degree or higher
Median Income $78,750
5% higher than US avg
Home Value $196,700
30% lower than US avg
Bachelor's+ 0.0%
100% lower than US avg
Median Rent $1,021
12% lower than US avg
Obesity Rate 37.6%
17% higher than US avg
Unemployment 0.0%
100% lower than US avg
Poverty Rate 0.0%
100% lower than US avg

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

People

Population532
Median Age44.8 yrs
Density507/mi²
Male / Female35% / 65%
Largest GroupWhite 99%

Economy

A+
Median Income$78,750
Per Capita$39,745
Unemployment0.0%
Poverty0.0%
County GDP$1,715M
Commute20 min

Housing

A+
Home Value$196,700
Rent$1,021
OwnershipN/A
Zillow$118,894

Crime

ViolentN/A
PropertyN/A

Health

Obesity37.6%
UninsuredN/A
Depression26.6%
Heart Disease5.8%

Climate

Avg Temp50°F
AQI41 (Good)
Rain41.1 in/yr
Elevation763 ft

Education

A+
Bachelor's+0.0%
High School+97.3%
School Score6.01

Community

2024 VoteR 75% / D 24%
Commute20 min
Libraries3

Is Laketon a Good Place to Live?

Based on current data, Laketon receives an overall livability score of 4.8 out of 5.0, earning a grade of A+. Key strengths include low unemployment, affordable housing, a low poverty rate, high health insurance coverage. Laketon stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The median household income in Laketon is $78,750, roughly in line with the national average of $75,149. The job market is very strong with unemployment at just 0.0%. Only 0.0% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 20 minutes.

Cost of Living & Housing

The median home value in Laketon is $196,700, 30% below the national median — offering relatively affordable homeownership. Renters pay a median of $1,021 per month, below the national average — a plus for affordability. At just 2.5x median income, home prices are very affordable relative to local earnings.

Education

0.0% of residents hold a bachelor's degree, below the national average of 33.7%. 97.3% have completed high school. Area schools have an average test score of 6/10.

Climate & Weather

Laketon experiences four distinct seasons with an average temperature of 50°F. Winters average 25°F in January while summers reach 73°F in July. Annual precipitation totals 41.1 inches, including 30.3 inches of snow. Air quality is rated Good with a median AQI of 41.

Laketon has a population of 532 with a density of 507 people per square mile. The median age is 44.8 years, 15% older than the national median of 38.9. The city is predominantly White (99.2%).

Population

532
Total Population
507
People / sq mi
44.8yrs
Median Age
15% above US avg
1.1mi²
Land Area

Gender Distribution

Male 35%
Female 65%

Race & Ethnicity

Laketon vs U.S. Average

Language Spoken at Home

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

Social Characteristics

Laketon vs U.S. Average

The median household income in Laketon is $78,750, which is 5% above the national average of $75,149. The unemployment rate is 0.0% (below the 3.6% US average). 0.0% of residents live below the poverty line. Workers commute an average of 20 minutes.

Income: Laketon vs U.S.

Commute Mode

Income

Median HH Income$78,750
5% above US avg
Per Capita Income$39,745
Avg Weekly Wage$967
IRS Avg AGI$69,050

Employment & Poverty

Unemployment0.0%
100% below US avg
Poverty Rate0.0%
100% below US avg
Establishments (County)778
County GDP$1,715M

Business (County)

Restaurants65
Healthcare84
Retail113
Manufacturing56

Tax & Cost of Living

Property Tax (IRS)$2,750
21% below US avg
Effective Tax Rate1.40%

Commute & Transportation

Commute Time20.4 min
Work from Home0.0%

Walkability

The median home value in Laketon is $196,700, 30% below the national average. Monthly rent averages $1,021 (12% below US avg). Zillow estimates the typical home value at $118,894.

Home Value Sources

Ownership Split

Home Values

Census Median$196,700
30% below US avg
Zillow ZHVI$118,894

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$1,021
12% below US avg

HUD Fair Market Rent

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

Ownership & Property

Owner-Occupied77.8%

Property Tax

Avg Tax (IRS)$2,750
21% below US avg
Effective Rate1.40%
In Laketon, 37.6% of adults are obese (above the 32.1% national rate). 26.6% report depression. 23.8% are physically inactive.

Health Metrics: Laketon vs U.S. Average (%)

Chronic Conditions

Obesity37.6%
17% above US avg
Diabetes10.4%
Heart Disease5.8%
High Blood Pressure32.9%
Asthma11.5%
COPD7.3%
Stroke2.9%

Behaviors & Mental Health

Binge Drinking18.1%
Physical Inactivity23.8%
Depression26.6%
Mental Distress19.4%
Physical Distress13.0%

Healthcare Access

Insurance Rate94.6%
Checkup Rate77.8%
Premature Death10,985/100K

Food & Exercise

Food Environment7.8/10
Exercise Access65.9%
Healthcare Facilities84

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

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)3

Safety Score

Laketon has an average annual temperature of 50°F (10°C). Winters average 25°F in January while summers reach 73°F in July. Annual precipitation is 41.1 inches. Air quality is rated Good with a median AQI of 41.

Temperature

25°F Jan (-4°C) 73°F Jul (23°C)
Annual Average49.9°F
8% below US avg
January Average25°F (-4°C)
July Average73°F (23°C)

Precipitation & Snow

Annual Rainfall41.1 inches
8% above US avg
Snowfall30.3 inches/yr

Air Quality

AQI Median41.0
RatingGood

Geography

Elevation763 ft (233 m)
Area1.1 sq mi (2.7 km²)
Population Density507/sq mi
Coordinates40.9812°N, 85.8400°W
County FIPS18169
It is classified as Nonmetro — Urban 2.5K–20K, adjacent. 0.0% of residents hold a bachelor's degree or higher (100% below US avg). In the 2024 election, the county voted Republican by a 50.8-point margin.

2024 Presidential Election (County)

R 74.7%
D 23.9%

Winner: Republican by 50.8 points

Education

Bachelor's Degree+0.0%
100% below US avg
High School+97.3%
School Test Score6.01
A+ Education Grade (4.9/5.0)

Urban-Rural Classification

RUCC Code 6Nonmetro — Urban 2.5K–20K, adjacent
Population Density507/sq mi
Total Area1.1 sq mi

Infrastructure & Services

Public Libraries3
Healthcare Facilities84
Restaurants65
Retail Stores113

Safety & Disasters

Fatal Crashes (County/yr)3

Commute & Transportation

Avg Commute20.4 min
Work from Home0.0%

Nearby Cities

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