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Schaefer Lake, IN
Full City Profile · Indiana · Bartholomew County County
Schaefer Lake, IN
At a Glance
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)
Is Schaefer Lake a Good Place to Live?
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.
Safety & Crime
Schaefer Lake reports 97 violent crimes per 100,000 residents , which is 74% below the national average of 380/100K. Property crime is 4,332/100K.
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. The area gets 293 sunny days per year. Annual precipitation totals 47.3 inches. Air quality is rated Good with a median AQI of 41.