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Laketon, IN

Full City Profile · Indiana · Wabash County County

3.9 /5.0
B+ Good
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 17.5% income on rent
50°F Avg Temperature 275 sunny days/yr
67 Violent Crime/100K 1,269 property/100K
B+
Overall
3.9 / 5.0
Good 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
F
Safety
1.0 / 5.0
67 violent crimes/100K
A+
Education
4.9 / 5.0
0.0% bachelor's degree or higher

Laketon, IN

At a Glance

Median Income
$78,750
5% above
$39,745 per capita
Home Value
$196,700
30% below
Zillow: $118,894
Median Rent
$1,021/mo
12% below
17.5% of income on rent
Violent Crime
67/100K
82% below
1,269/100K property
Bachelor's Degree+
0.0%
100% below
97.3% high school+
Unemployment
0.0%
100% below
0.0% poverty rate
Obesity Rate
37.6%
17% above
16.7% smoking rate
Avg Temperature
50°F
275 sunny days/yr

How Laketon Compares to the U.S. Average

Each bar shows Laketon's value as a percentage of the national average (100% = U.S. avg)

Income
105%
Home Value
70%
Rent
88%
Poverty
0%
Bachelor's
0%
Unemployment
0%
Crime
18%
Thin vertical line = U.S. national average (100%)

Is Laketon a Good Place to Live?

B+
3.9 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Laketon residents earn a median household income of $78,750 , which is 5% above the national average of $75,149. Per capita income is $39,745. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 778 business establishments, including 65 restaurants.

Housing & Cost of Living

The median home value in Laketon is $196,700 , 30% below the national median of $281,900. Zillow estimates the typical home at $118,894. Median rent is $1,021/month, with 17.5% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1967.

Safety & Crime

Laketon reports 67 violent crimes per 100,000 residents , which is 82% below the national average of 380/100K. Property crime is 1,269/100K.

Education

0.0% of adults in Laketon hold a bachelor's degree or higher (100% below the national average). 97.3% have completed high school. Local schools score 5.9/10 in standardized testing.

Climate & Weather

Laketon has 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. Annual precipitation totals 41.1 inches. Air quality is rated Good with a median AQI of 41.

Data Overview

People

Population532
Median Age44.8 yrs
Density507/mi²
Male / Female35% / 65%
Foreign Born13.6%
Veterans21.0%

Economy

A+
Median Income$78,750
Per Capita$39,745
Unemployment0.0%
Poverty0.0%
County GDP$1,715M
Avg Weekly Wage$967

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%
Diabetes10.4%
Smoking16.7%
Heart Disease5.8%
Premature Death10,985/100K

Climate

Avg Temp50°F
Sunny Days275/yr
Rain41.1 in/yr
AQI41 (Good)
Elevation763 ft

Education

A+
Bachelor's+0.0%
High School+97.3%
Graduate+3.1%
School Score5.9/10

Community

2024 VoteR 75% / D 24%
Commute20 min
Broadband83.5%
Internet Speed135 Mbps
EV Stations1
Libraries3

Did You Know?

The median home in Laketon was built in 1967.
The nearest airport is Fort Wayne International (34 miles).
The Gini coefficient (income inequality) is 0.405 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
25.5% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 135 Mbps.
The county recorded 3 fatal vehicle crashes.