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Lakewood, IN

Full City Profile · Indiana · Vigo County County

3.8 /5.0
B+ Good
530 Population 1,893/sq mi density
$107,574 Median Income $48,025 per capita
$269,400 Home Value $229,589 Zillow
54°F Avg Temperature 293 sunny days/yr
324 Violent Crime/100K 4,931 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$107,574 median income, 5.3% unemployment
A+
Affordability
5.0 / 5.0
$269,400 home value, /mo rent
F
Safety
1.0 / 5.0
324 violent crimes/100K
A+
Education
4.8 / 5.0
47.7% bachelor's degree or higher

Housing Overview

Median Home Value
$269,400
4% below
US avg: $281,900
Homeownership Rate
100.0%
53% above US avg (65.4%)
Total Housing Units
298
Median year built: 1978

Home Value by Source

Census Median
$269,400
Zillow (ZHVI)
$229,589
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

100.0%
Owner-Occupied
0.0%
Renter-Occupied
100%
0%
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

Affordability & Housing Stock

Rent Burden
32.8%
of renters spending 30%+ of income on housing
6% above US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
100.0%

Complete Housing Data

Home Values

Census Median Value$269,400
Zillow Home Value (ZHVI)$229,589

Rent

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-Occupied100.0%
Renter-Occupied0.0%
Homeownership Rate100.0%
Total Housing Units298
Median Year Built1978
Rent Burden32.8%