At a Glance
Median Income
$78,750
$39,745 per capita
Home Value
$196,700
Zillow: $118,621
Median Rent
$1,021/mo
17.5% of income on rent
Bachelor's Degree+
0.0%
97.3% high school+
Unemployment
0.0%
0.0% poverty rate
Obesity Rate
37.6%
16.7% smoking rate
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)
Thin vertical line = U.S. national average (100%)
Is Laketon a Good Place to Live?
A+
4.8 / 5.0 - Excellent
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 $118,621. 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.
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. Annual precipitation totals 41.1 inches. Air quality is rated Good with a median AQI of 36.
Data Overview
People
Population532
Median Age44.8 yrs
Density507/mi²
Male / Female35% / 65%
Foreign Born0.0%
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$118,621
Housing Units222
Rent Burden17.5%
Health
Obesity37.6%
Diabetes10.4%
Smoking16.7%
Heart Disease5.8%
Premature Death10,985/100K
Climate
Avg Temp50°F
Rain41.1 in/yr
AQI36 (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.
16.7% of the population has a disability.
Average internet download speed is 135 Mbps.
The county recorded 3 fatal vehicle crashes.