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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

Income Overview

Median Household Income
$78,750
5% above
US avg: $75,149
Per Capita Income
$39,745
2% above
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%

Income Comparison: Laketon vs. U.S. Average

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

Median Household
US: $75,149
$78,750
105%
Per Capita
US: $39,052
$39,745
102%
IRS Avg AGI
US: $72,000
$69,050
96%
Avg Weekly Wage
US: $1,432
$967
68%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$967
32% below US avg ($1,432)
Mean Commute Time
20 min
26% below US avg (28 min)
Work From Home
0.0%
100% below US avg (15.2%)
Drive Alone
68.7%
6% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,715M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 68.7%
Public Transit 0%
Work From Home 0%
Other 31.3%
Average commute time
20 minutes
US avg: 28 min

Business Landscape

Total Establishments
778
Restaurants
65
Healthcare
84
Retail
113
Manufacturing
56

Tax & Financial

IRS Avg Adjusted Gross Income
$69,050
4% below US avg ($72,000)
Avg Property Tax
$2,750
21% below US avg ($3,500)
Cost of Living Index
93.3
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$78,750
Per Capita Income$39,745
IRS Avg Adjusted Gross Income$69,050
Avg Weekly Wage$967
County GDP$1,715M

Hardship Indicators

Unemployment Rate0.0%
Poverty Rate0.0%
Gini Coefficient0.405
Cost of Living Index93.3

Commute

Mean Commute20 minutes
Drive Alone68.7%
Public Transit0.0%
Work From Home0.0%

Businesses

Total Establishments778
Restaurants65
Healthcare84
Retail113
Manufacturing56

Tax

IRS Avg AGI$69,050
Avg Property Tax$2,750