Median Income
$78,750
5% higher than US avg
Home Value
$196,700
30% lower than US avg
Violent Crime
67/100K
82% 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%
Veterans21.0%
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
Ownership77.8%
Zillow$118,894
Housing Units222
Rent Burden17.5%
Crime
F
Violent67/100K
Property1,269/100K
Health
Obesity37.6%
Uninsured7.8%
Smoking16.7%
Depression26.6%
Heart Disease5.8%
Climate
Avg Temp50°F (10°C)
AQI41 (Good)
Rain41.1 in/yr
Sunny Days275/yr
Elevation763 ft (233 m)
Education
A+
Bachelor's+0.0%
High School+97.3%
Graduate+3.1%
School Score5.89
Community
2024 VoteR 75% / D 24%
Commute20 min
Broadband83.5%
EV Stations1
Libraries3
Is Laketon a Good Place to Live?
Based on current data, Laketon receives an overall livability score of 3.9 out of 5.0, earning a grade of B+. Key strengths include low unemployment, low crime rates, affordable housing, abundant sunshine. Laketon offers a solid quality of life with a good balance of affordability, safety, and opportunity.
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.
Safety & Crime
Laketon is a very safe community with a violent crime rate of 67 per 100,000 residents / well below the national average of 380. Property crime occurs at a rate of 1,269 per 100,000, 35% below the national average.
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 5.9/10.
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. With 275 sunny days per year, residents enjoy well above the national average of sunshine. 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, spread across 1.2 square miles. The median age is 44.8 years, 15% older than the national median of 38.9. The gender split is 65% female and 35% male. The city is predominantly White (99.2%). English is the primary language spoken at home by 100% of residents. 21.0% of the population are veterans, above the national rate of 6.0%. 25.5% of residents have a disability (above the 13.0% national average). 94.6% have health insurance coverage.
Population
44.8yrs
Median Age
15% above US avg
Language Spoken at Home
English Only
100.0%
27% above US avg
Spanish
0.0%
100% below US avg
The median household income in Laketon is $78,750, which is 5% above the national average of $75,149. Per capita income is $39,745. The average weekly wage is $967, 32% lower than the U.S. average. The unemployment rate is 0.0% (below the 3.6% US average). 0.0% of residents live below the poverty line, lower than the national rate of 12.4%. The area has 778 business establishments, including 65 restaurants. The cost of living index is 93.3, below the national baseline of 100 / offering relatively affordable living. Workers commute an average of 20 minutes (shorter than the 28-minute US average). 0.0% of workers work from home (below the 15.2% national rate).
Income
| Median HH Income | $78,750 |
| 5% above US avg |
| Per Capita Income | $39,745 |
| Avg Weekly Wage | $967 |
| IRS Avg AGI | $69,050 |
| Gini Index | 0.405 (0=equal, 1=unequal) |
Employment & Poverty
| Unemployment | 0.0% |
| 100% below US avg |
| Poverty Rate | 0.0% |
| 100% below US avg |
| Establishments (County) | 778 |
| County GDP | $1,715M |
Business (County)
| Restaurants | 65 |
| Healthcare | 84 |
| Retail | 113 |
| Manufacturing | 56 |
Tax & Cost of Living
| Property Tax (IRS) | $2,750 |
| 21% below US avg |
| Cost of Living | 93.30 (100=avg) |
| Effective Tax Rate | 1.40% |
Commute & Transportation
| Commute Time | 20.4 min |
| Drive Alone | 68.7% |
| Public Transit | 0.0% |
| Work from Home | 0.0% |
The median home value in Laketon is $196,700, 30% below the national median of $281,900. Zillow estimates the typical home value at $118,894, lower than the Census estimate. Monthly rent averages $1,021 (12% below the national average of $1,163). Fair market rent ranges from $882 for a one-bedroom to $1,096 for a two-bedroom apartment. 77.8% of housing units are owner-occupied (above the 65.4% national rate). There are 222 total housing units in the city. The median year a home was built is 1967. The average annual property tax is $2,750 (lower than the $3,500 national average). 17.5% of renters spend 30% or more of their income on housing. The home price-to-income ratio is 2.5x, well within the affordable range.
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 |
| Rent Burden | 17.5% |
HUD Fair Market Rent
| Studio | $816 |
| 1 Bedroom | $882 |
| 2 Bedrooms | $1,096 |
| 3 Bedrooms | $1,391 |
| 4 Bedrooms | $1,590 |
Ownership & Property
| Homeownership | 77.8% |
| Owner-Occupied | 77.8% |
| Renter-Occupied | 22.2% |
| Housing Units | 222 |
| Median Year Built | 1967 |
Property Tax
| Avg Tax (IRS) | $2,750 |
| 21% below US avg |
| Effective Rate | 1.40% |
In Laketon, 37.6% of adults are obese, above the national rate of 32.1%. 10.4% have diabetes. Heart disease affects 5.8% of residents. 32.9% have high blood pressure. 16.7% are current smokers. 18.1% report binge drinking. 23.8% are physically inactive. 26.6% report depression (above the 20.0% national average). 19.4% experience frequent mental distress. 7.8% of residents lack health insurance. The primary care physician ratio is 1:2,370. The dentist ratio is 1:2,803. 65.9% of residents have access to exercise opportunities. The food environment index is 7.8 out of 10.
Health Metrics: Laketon vs U.S. Average (%)
Chronic Conditions
| Obesity | 37.6% |
| 17% above US avg |
| Diabetes | 10.4% |
| Heart Disease | 5.8% |
| High Blood Pressure | 32.9% |
| Asthma | 11.5% |
| COPD | 7.3% |
| Cancer | 7.6% |
| Stroke | 2.9% |
Behaviors & Mental Health
| Smoking | 16.7% |
| 19% above US avg |
| Binge Drinking | 18.1% |
| Physical Inactivity | 23.8% |
| Depression | 26.6% |
| Mental Distress | 19.4% |
| Physical Distress | 13.0% |
| Short Sleep | 34.5% |
Healthcare Access
| Insurance Rate | 94.6% |
| Uninsured | 7.8% |
| 9% below US avg |
| Primary Care | 1:2,370 |
| Dentists | 1:2,803 |
| Mental Health | 1:353 |
| Checkup Rate | 77.8% |
| Dental Visits | 58.8% |
| Premature Death | 10,985/100K |
Food & Exercise
| Food Environment | 7.8/10 |
| Exercise Access | 65.9% |
| Healthcare Facilities | 84 |
Laketon has a violent crime rate of 67 per 100,000 residents, 82% below the national average of 380. Property crime stands at 1,269 per 100,000, 35% below the U.S. average. The county recorded 3 fatal traffic crashes. Overall, Laketon receives a safety grade of F.
Crime Rates: Laketon vs U.S. Average (per 100,000)
Violent Crime
| Total Violent | 66.8/100K |
| 82% below US avg |
| |
Property Crime
| Total Property | 1,269.0/100K |
| 35% below US avg |
Traffic Safety
| Fatal Crashes (County/yr) | 3 |
| Traffic Accidents | 2 |
| Avg Accident Severity | 2.0 / 4.0 |
Safety Score
| Safety Grade | F |
| Safety Score | 1.0 / 5.0 |
Laketon experiences four distinct seasons with an average annual temperature of 50°F (10°C). Winters average 25°F in January while summers reach 73°F in July. The area gets 275 sunny days per year, well above the U.S. average of 205 / making it one of the sunnier locations in the country. Annual precipitation totals 41.1 inches. The area receives 30.3 inches of snow annually, a moderate snowfall amount. Air quality is rated Good with a median AQI of 41. The city sits at an elevation of 763 feet.
Temperature
25°F Jan (-4°C)
73°F Jul (23°C)
| Annual Average | 49.9°F |
| 8% below US avg |
| January Average | 25°F (-4°C) |
| July Average | 73°F (23°C) |
| Sunny Days | 275 days/yr |
Geography
| Elevation | 763 ft (233 m) |
| Area | 1.2 sq mi (3.1 km²) |
| Population Density | 507/sq mi |
| Coordinates | 40.9812°N, 85.8400°W |
| Timezone | America/Indiana/Indianapolis |
| County | Wabash County County |
| Nearest Airport | Fort Wayne International (FWA)
34 miles away |
Precipitation & Snow
Annual Rainfall
41.1"
8% above US avg
Wettest Month (May)
3.98"
Air Quality
| AQI Median | 41.0 |
| Rating | Good |
Air Pollutants (EPA 2023)
Natural Hazard Risk
| Overall Risk | Very Low |
| Risk Score | 41.0 / 100 |
| Social Vulnerability | 47.4 / 100 |
| Community Resilience | 93.7 / 100 |
Hazard Breakdown
| Tornado |
Relatively Moderate |
| Hurricane |
Very Low |
| Earthquake |
Very Low |
| Wildfire |
Very Low |
| Flood |
Relatively Low |
| Hail |
Relatively Low |
| Strong Wind |
Relatively Moderate |
| Heat Wave |
Relatively Low |
| Winter Weather |
Relatively Low |
| Lightning |
Relatively Low |
| Ice Storm |
Very Low |
| Drought |
Relatively Moderate |
| Cold Wave |
Relatively Low |
| Landslide |
Very Low |
Source: FEMA National Risk Index v1.20 (Dec 2025)
Earthquake History
8 earthquakes (M2.5+) within 150 km since 1990.
Strongest: M4.2. Most recent: M3.3 on Jun 30, 2015.
| May 2, 2015 |
5 km S of Galesburg, Michigan |
M4.2 |
144 km |
| Jun 30, 2015 |
5 km NNE of Burlington, Michigan |
M3.3 |
145 km |
| Dec 17, 1990 |
Illinois-Indiana border region |
M3.2 |
144 km |
| Jan 26, 2012 |
5 km NE of Topeka, Indiana |
M3.0 |
72 km |
| Apr 17, 1990 |
8 km NW of Fort Recovery, Ohio |
M3.0 |
101 km |
| Apr 4, 1994 |
2 km WNW of Minster, Ohio |
M2.9 |
138 km |
| Jun 12, 2015 |
6 km NW of Convoy, Ohio |
M2.6 |
91 km |
| Jan 30, 2004 |
2 km S of Rockford, Ohio |
M2.5 |
106 km |
Source: USGS (M2.5+, 1990–2025)
Tornado History
540 tornadoes (EF0+) within 100 km since 1950.
Strongest: EF4. Total: 127 fatalities, 2,121 injuries.
| Date |
Rating |
Distance |
Fatalities |
| Nov 10, 2002 |
EF4 |
93 km |
4 |
| Apr 11, 1965 |
EF4 |
73 km |
36 |
| Apr 11, 1965 |
EF4 |
72 km |
5 |
| Apr 11, 1965 |
EF4 |
79 km |
25 |
| Apr 11, 1965 |
EF4 |
63 km |
31 |
| Apr 11, 1965 |
EF4 |
62 km |
4 |
| Mar 6, 1956 |
EF4 |
51 km |
1 |
| Mar 31, 2023 |
EF3 |
59 km |
0 |
| May 27, 2019 |
EF3 |
24 km |
0 |
| May 27, 2019 |
EF3 |
59 km |
0 |
| Aug 24, 2016 |
EF3 |
65 km |
0 |
| Aug 24, 2016 |
EF3 |
79 km |
0 |
| Jun 5, 2010 |
EF3 |
48 km |
0 |
| Oct 18, 2007 |
EF3 |
45 km |
0 |
| May 30, 2004 |
EF3 |
37 km |
0 |
| Nov 10, 2002 |
EF3 |
85 km |
0 |
| Oct 24, 2001 |
EF3 |
87 km |
1 |
| Jun 11, 1998 |
EF3 |
68 km |
0 |
| Mar 27, 1991 |
EF3 |
89 km |
1 |
| Jul 7, 1977 |
EF3 |
69 km |
0 |
Source: NOAA SPC (EF0+, 1950–2024)
Tsunami History
1 tsunami recorded within 500 km.
Highest wave on record: 3.0 m (10 ft).
| Year |
Location |
Cause |
Max Wave |
Deaths |
Distance |
| 1954 |
MICHIGAN CITY, IN (LAKE MICHIGAN) |
Avalanche |
3.0 m |
7 |
118 km |
Source: NOAA/NCEI Historical Tsunami Database. Sorted by wave height.
Monthly Weather
| Month |
Avg Temperature |
Precipitation |
Summary |
| January |
25°F (-4°C) |
2.1 in |
Coldest |
| February |
27°F (-3°C) |
1.8 in |
Driest |
| March |
38°F (3°C) |
2.8 in |
|
| April |
49°F (9°C) |
3.7 in |
|
| May |
60°F (16°C) |
4.0 in |
Wettest |
| June |
69°F (21°C) |
3.9 in |
|
| July |
73°F (23°C) |
4.0 in |
Warmest |
| August |
71°F (22°C) |
3.7 in |
|
| September |
64°F (18°C) |
3.3 in |
|
| October |
52°F (11°C) |
2.7 in |
|
| November |
41°F (5°C) |
3.1 in |
|
| December |
29°F (-2°C) |
2.9 in |
|
Laketon has a seasonal temperature swing of 48°F / from 25°F in January to 73°F in July. Total annual precipitation is 37.9 inches, with May being the wettest month (4.0") and February the driest (1.8").
Average costs for common services in Laketon. Prices are estimated based on regional cost of living data and may vary by provider.
Healthcare
| Doctor Visit (Primary Care) |
$233 ($140–$373) |
| Specialist Visit |
$327 ($187–$513) |
| Urgent Care Visit |
$187 ($93–$327) |
| Emergency Room Visit |
$2,053 ($746–$4,665) |
| Dental Cleaning |
$121 ($70–$187) |
| Dental Filling |
$233 ($140–$373) |
View all 40 services
Auto Repair
| Oil Change (Conventional) |
$42 ($23–$70) |
| Oil Change (Synthetic) |
$70 ($47–$112) |
| Brake Pad Replacement |
$280 ($140–$467) |
| Tire Rotation |
$37 ($19–$70) |
| New Tires (Set of 4) |
$560 ($373–$933) |
| Battery Replacement |
$187 ($93–$327) |
View all 18 services
Home Services
| Plumber (Per Hour) |
$93 ($56–$140) |
| Electrician (Per Hour) |
$84 ($47–$131) |
| HVAC Repair |
$373 ($140–$746) |
| HVAC System Install |
$6,531 ($3,732–$11,196) |
| Roof Repair |
$933 ($373–$1,866) |
| Roof Replacement |
$8,397 ($5,132–$13,995) |
View all 25 services
Legal
| Divorce (Uncontested) |
$1,400 ($467–$3,266) |
| Divorce (Contested) |
$13,995 ($4,665–$27,990) |
| DUI Defense |
$4,665 ($1,866–$9,330) |
| Bankruptcy (Chapter 7) |
$1,400 ($746–$2,799) |
| Will Preparation |
$467 ($187–$933) |
| Trust Preparation |
$2,333 ($933–$4,665) |
View all 12 services
Personal Care
| Men's Haircut |
$23 ($14–$42) |
| Women's Haircut |
$51 ($28–$93) |
| Hair Coloring (Full) |
$140 ($70–$233) |
| Manicure |
$23 ($14–$42) |
| Pedicure |
$37 ($23–$61) |
| Massage (1 Hour) |
$75 ($47–$121) |
View all 12 services
Food & Grocery
| Gallon of Milk (per gallon) |
$3.83 ($2.80–$5.13) |
| Dozen Eggs (per dozen) |
$3.27 ($2.33–$4.67) |
| Loaf of Bread |
$3.55 ($2.33–$5.13) |
| Chicken Breast (per lb) |
$4.20 ($2.80–$6.06) |
| Ground Beef (per lb) |
$5.13 ($3.73–$7.00) |
| Rice (per lb) |
$0.93 ($0.56–$1.68) |
View all 20 services
Utilities
| Electricity (Monthly) |
$131 ($75–$233) |
| Natural Gas (Monthly) |
$65 ($28–$140) |
| Water/Sewer (Monthly) |
$65 ($37–$112) |
| Internet (Monthly) |
$65 ($37–$93) |
| Cell Phone Plan (Monthly) |
$61 ($28–$93) |
| Cable TV (Monthly) |
$79 ($47–$140) |
View all 8 services
Transportation
| Monthly Parking (Downtown) |
$187 ($70–$467) |
| Car Insurance (Annual) |
$1,866 ($1,120–$3,266) |
| Bus Pass (Monthly) |
$65 ($28–$121) |
| Taxi/Uber (5-Mile Ride) |
$14 ($7.46–$23) |
| Car Registration (Annual) |
$93 ($28–$233) |
| Driver's License Renewal |
$28 ($14–$70) |
View all 8 services
Education & Childcare
| Daycare (Infant, Monthly) |
$1,120 ($560–$2,333) |
| Daycare (Toddler, Monthly) |
$933 ($467–$1,866) |
| After-School Care (Monthly) |
$373 ($187–$653) |
| Tutoring (Per Hour) |
$47 ($23–$93) |
| SAT/ACT Prep Course |
$933 ($373–$2,333) |
| Private School (K-12, Annual) |
$11,663 ($4,665–$27,990) |
View all 8 services
Pets
| Vet Visit (Routine Checkup) |
$56 ($28–$93) |
| Dog Vaccination (Annual) |
$93 ($47–$187) |
| Dog Grooming |
$56 ($28–$93) |
| Pet Boarding (Per Night) |
$37 ($19–$70) |
| Dog Spay/Neuter |
$280 ($140–$467) |
| Cat Spay/Neuter |
$187 ($93–$373) |
View all 9 services
Frequently Asked Questions About Laketon
What is the population of Laketon?
Laketon has a population of 532 residents and is located in Indiana. The population density is 507 people per square mile, spread across 1.2 square miles. The median age of residents is 44.8 years, which is older than the national median of 38.9 years. The population is 65% female and 35% male.
Is Laketon expensive to live in?
Laketon is more affordable than the national average, with a cost of living index of 93.3 / below the baseline of 100. The median household income is $78,750, 5% above the national average of $75,149. The median home value is $196,700 (30% below the U.S. median). Renters pay a median of $1,021 per month, below the national average of $1,163. The home price-to-income ratio is 2.5x, indicating housing is reasonably affordable relative to local income levels.
Is Laketon safe?
Laketon is considered a very safe city with a violent crime rate of 67 per 100,000 residents, well below the national average of 380. Property crime occurs at a rate of 1,269 per 100,000 (below the national average). Overall, Laketon receives a safety grade of F based on combined crime data.
What is the weather like in Laketon?
Laketon has a four-season climate with an average annual temperature of 50°F (10°C). Winter temperatures average 25°F in January, while summers reach an average of 73°F in July. The area receives 275 sunny days per year, well above the national average of 205. Annual rainfall totals 41.1 inches, with 30.3 inches of snow. Air quality is rated Good with a median Air Quality Index (AQI) of 41.
How is the job market in Laketon?
The job market in Laketon is very strong, with unemployment at just 0.0% / well below the national rate of 3.6%. The average weekly wage is $967. There are 778 business establishments in the area, including 65 restaurants and food service locations. The average commute time is 20 minutes, and 0.0% of workers work from home.
How much does housing cost in Laketon?
The median home value in Laketon is $196,700. Zillow estimates the typical home value at $118,894. For renters, the median monthly rent is $1,021. Fair market rent is $882 for a 1-bedroom and $1,096 for a 2-bedroom apartment. The homeownership rate is 77.8%. The average annual property tax is $2,750.
How are the schools in Laketon?
Schools in Laketon score 5.9 out of 10 on standardized testing, near the national average. 0.0% of adults in Laketon hold a bachelor's degree or higher, below the national average of 33.7%. 97.3% have completed high school. 3.1% hold a graduate or professional degree.
How healthy is Laketon?
The obesity rate in Laketon is 37.6% (above the national rate of 32.1%). 16.7% of adults are smokers. 23.8% are physically inactive. 26.6% of residents report depression. 7.8% lack health insurance. 65.9% of residents have access to exercise opportunities. The primary care physician ratio is 1:2,370.
What is transportation like in Laketon?
The average commute in Laketon is 20 minutes, shorter than the national average of 28 minutes. 68.7% of workers drive alone to work, and 0.0% work from home.
What are the demographics of Laketon?
The racial and ethnic makeup of Laketon is 99.2% White, 0.8% Hispanic or Latino. 100% of residents speak only English at home. 21.0% of the population are military veterans. 25.5% of residents have a disability. 94.6% have health insurance coverage.
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