At a Glance
Median Income
$177,632
$71,449 per capita
Home Value
$265,800
Zillow: $240,372
Bachelor's Degree+
47.1%
90.6% high school+
Unemployment
0.0%
0.0% poverty rate
Obesity Rate
41.1%
18.8% smoking rate
How Schaefer Lake Compares to the U.S. Average
Each bar shows Schaefer Lake's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Schaefer Lake a Good Place to Live?
A+
4.9 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Schaefer Lake residents earn a median household income of $177,632 , which is 136% above the national average of $75,149.
Per capita income is $71,449. 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 2,119 business establishments, including 168 restaurants.
Housing & Cost of Living
The median home value in Schaefer Lake is $265,800 , 6% below the national median of $281,900.
Zillow estimates the typical home at $240,372. The cost of living index is 93.3 (100 = national average). The median home was built in 1977.
Education
47.1% of adults in Schaefer Lake hold a bachelor's degree or higher
(40% above the national average).
90.6% have completed high school. Local schools score 6.1/10 in standardized testing.
Climate & Weather
Schaefer Lake has an average annual temperature of 54°F (12°C).
Winters average 30°F in January while summers reach 76°F in July. Annual precipitation totals 47.3 inches. Air quality is rated Good with a median AQI of 44.
Data Overview
People
Population245
Median Age63.2 yrs
Density1,114/mi²
Male / Female47% / 53%
Foreign Born0.0%
Veterans0.0%
Economy
A+
Median Income$177,632
Per Capita$71,449
Unemployment0.0%
Poverty0.0%
County GDP$9,284M
Avg Weekly Wage$1,411
Housing
A+
Home Value$265,800
Rent
Ownership100.0%
Zillow$240,372
Housing Units66
Rent Burden24.6%
Health
Obesity41.1%
Diabetes11.2%
Smoking18.8%
Heart Disease6.1%
Premature Death9,281/100K
Climate
Avg Temp54°F
Rain47.3 in/yr
AQI44 (Good)
Elevation706 ft
Education
A+
Bachelor's+47.1%
High School+90.6%
Graduate+25.8%
School Score6.1/10
Community
2024 VoteR 63% / D 35%
Broadband100.0%
Internet Speed117 Mbps
EV Stations10
Libraries3
Did You Know?
The median home in Schaefer Lake was built in 1977.
17.9% work from home.
The nearest airport is Indianapolis International (42 miles).
The Gini coefficient (income inequality) is 0.438 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
6.7% of the population has a disability.
Average internet download speed is 117 Mbps.
There are 168 restaurants in the area.
The county recorded 8 fatal vehicle crashes.