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CITY

Laketon

Indiana · 460 residents · 1.054 sq mi
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The short version

Laketon has notably lower household income than the US average, with a median household income of $60,104. Population has declined 14% since 2023. 2% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $162,500. With a median age of 57.8, the population is older than the US median of 38.9.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 57.8
US median: 38.9
Less educated
2% hold a bachelor's degree
US average: 36%
More affordable
home values down 20%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

460
−14%since 2023
from 532 in 2023
2010 – 2024
436 / sq mi
−14%since 2023
from 505 / sq mi in 2023
US average: 281
57.8
+29%since 2023
from 44.8 in 2023
US average: 38.9
Population, 20102024
261360459557656201020202024Laketon
2024460
201020202024
Section 02

Income & economy

$60,104
−26%inflation adjusted, since 2023
from $78,750 in 2023
US average: $82,259
2010 – 2024
$43,562
+10%since 2023
from $39,745 in 2023
US average: $44,673
Households earning $100K+
44.7%
−8.3 ptssince 2023
from 53.0% in 2023
US average: 53.3%
9.3%
+4.6 ptssince 2023
from 4.7% in 2023
US average: 12.5%
0.497
+11%since 2023
from 0.446 in 2023
US average: 0.476
Workforce by industry, 2024
Retail trade27.7%
US avg: 9.9%
Other services14.2%
US avg: 6.7%
Public administration14.2%
US avg: 4.8%
Wholesale trade13.5%
US avg: 6.9%
Transportation & warehousing4.7%
US avg: 2.2%
Information4.7%
US avg: 10.8%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Finance & insurance0%
US avg: 5.9%
Professional, scientific, technical0%
US avg: 5.1%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$162,500
−20%inflation adjusted, since 2023
from $196,700 in 2023
US average: $376,019
2010 – 2024
90.4%
+12.6 ptssince 2023
from 77.8% in 2023
9.6% rent
27.7%
+1.0 ptssince 2023
from 26.8% in 2023
US average: 10.0%
25.3%
−0.4 ptssince 2023
from 25.7% in 2023
US average: 22.9%
42.9%
+31.1 ptssince 2023
from 11.8% in 2023
US average: 47.4%
2.7
+8%since 2023
from 2.5 in 2023
2010 – 2024
RELATED:See current rent listings in Laketon on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic99.2%(528)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other0.8%(4)
Diversity Score1.9%(10)
2024
White, non-Hispanic87.6%(403)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other12.4%(57)
Diversity Score27.1%(125)
27
+1355%since 2023
from 2 in 2023
2010 – 2024
Section 05

Education

2.3%
+2.3 ptssince 2023
from 0.0% in 2023
US average: 35.6%
High school or higher
93.1%
−4.2 ptssince 2023
from 97.3% in 2023
US average: 89.6%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 14.0%
Section 06

Commute & transportation

28.5 min
+39%since 2023
from 20.4 min in 2023
US average: 26.5
93.4%
+24.7 ptssince 2023
from 68.7% in 2023
US average: 68.9%
6.6%
−20.7 ptssince 2023
from 27.2% in 2023
US average: 8.5%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 15.0%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 2.4%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
13.7%
+5.4 ptssince 2023
from 8.3% in 2023
US average: 8.3%
Section 07

Work & employment

0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 5.2%
65.6%
−10.8 ptssince 2023
from 76.4% in 2023
US average: 63.5%
6.6%
−0.9 ptssince 2023
from 7.5% in 2023
US average: 13.1%
35.0%
+11.6 ptssince 2023
from 23.5% in 2023
US average: 42.5%
Section 08

People & community

44.1%
+9.2 ptssince 2023
from 35.0% in 2023
55.9%
−9.2 ptssince 2023
from 65.0% in 2023
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 14.1%
18.7%
−2.3 ptssince 2023
from 21.0% in 2023
US average: 6.2%
24.1%
+7.4 ptssince 2023
from 16.7% in 2023
US average: 13.3%
5.9%
+1.2 ptssince 2023
from 4.7% in 2023
US average: 8.4%
82.6%
−0.9 ptssince 2023
from 83.5% in 2023
US average: 91.0%
98.9%
−1.1 ptssince 2023
from 100.0% in 2023
US average: 77.7%
1.1%
+1.1 ptssince 2023
from 0.0% in 2023
US average: 13.6%
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Frequently asked

How many people live in Laketon, Indiana?

Laketon, Indiana has about 460 residents according to the 2024 American Community Survey.

What is the median household income in Laketon, Indiana?

The typical household in Laketon, Indiana earns about $60,104 a year. Half of households make more than that, and half make less.

Is Laketon, Indiana expensive?

In Laketon, Indiana, the median home is worth about $162,500.

How educated are people in Laketon, Indiana?

About 2.3% of adults age 25 and over in Laketon, Indiana hold a bachelor's degree or higher.

What is the poverty rate in Laketon, Indiana?

About 9.3% of people in Laketon, Indiana live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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