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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
Housing Overview
Median Home Value
$196,700
30% below
US avg: $281,900
Median Rent
$1,021/mo
12% below
US avg: $1,163/mo
Homeownership Rate
77.8%
19% above US avg (65.4%)
Total Housing Units
222
Median year built: 1967
Home Value by Source
Census Median
$196,700
Zillow (ZHVI)
$118,894
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
77.8%
Owner-Occupied
22.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$1,021/mo
Affordability & Housing Stock
Rent Burden
17.5%
of renters spending 30%+ of income on housing
44% below US avg (31.0%)
Median Year Built
1967
Average age of housing stock: 59 years
Homeownership Rate
77.8%
Complete Housing Data
Home Values
| Census Median Value | $196,700 |
| Zillow Home Value (ZHVI) | $118,894 |
Rent
| Census Median Rent | $1,021 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
Ownership & Stock
| Owner-Occupied | 77.8% |
| Renter-Occupied | 22.2% |
| Homeownership Rate | 77.8% |
| Total Housing Units | 222 |
| Median Year Built | 1967 |
| Rent Burden | 17.5% |