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CITY

Shipshewana Lake

Indiana · 365 residents · 0.331 sq mi
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The short version

Shipshewana Lake has lower-than-average household income, with a median household income of $70,974. Population has held roughly steady since 2023. 0% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $325,000. With a median age of 51.9, 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 51.9
US median: 38.9
Less educated
0% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

365
+12%since 2023
from 325 in 2023
2022 – 2024
1,103 / sq mi
+12%since 2023
from 982 / sq mi in 2023
US average: 281
51.9
+1%since 2023
from 51.5 in 2023
US average: 38.9
Population, 20222024
24828031234437620222024Shipshewana Lake
2024365
20222024
Section 02

Income & economy

$70,974
Unchangedinflation adjusted, since 2023
from $68,984 in 2023
US average: $82,259
2022 – 2024
$33,292
−8%since 2023
from $36,315 in 2023
US average: $44,673
Households earning $100K+
27.8%
+13.9 ptssince 2023
from 13.9% in 2023
US average: 53.3%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 12.5%
0.171
−12%since 2023
from 0.194 in 2023
US average: 0.476
Workforce by industry, 2024
Information26.7%
US avg: 10.8%
Retail trade24.7%
US avg: 9.9%
Finance & insurance24.7%
US avg: 5.9%
Professional, scientific, technical24.7%
US avg: 5.1%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Wholesale trade0%
US avg: 6.9%
Transportation & warehousing0%
US avg: 2.2%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
Other services0%
US avg: 6.7%
Public administration0%
US avg: 4.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$325,000
−3%inflation adjusted, since 2023
from $325,700 in 2023
US average: $376,019
2023 – 2024
$821
−1%inflation adjusted, since 2023
from $804 in 2023
US average: $1,442
40.1%
+6.8 ptssince 2023
from 33.3% in 2023
59.9% rent
0.0%
−17.9 ptssince 2023
from 17.9% in 2023
US average: 10.0%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 22.9%
8.9%
+0.7 ptssince 2023
from 8.2% in 2023
US average: 47.4%
4.6
−3%since 2023
from 4.7 in 2023
2023 – 2024
RELATED:See current rent listings in Shipshewana Lake on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic100%(325)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other0%(0)
Diversity Score0%(0)
2024
White, non-Hispanic100%(365)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other0%(0)
Diversity Score0%(0)
0
from 0 in 2023
2022 – 2024
Section 05

Education

0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 35.6%
High school or higher
33.3%
+0.6 ptssince 2023
from 32.8% in 2023
US average: 89.6%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 14.0%
Section 07

Work & employment

0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 5.2%
73.0%
−5.7 ptssince 2023
from 78.7% in 2023
US average: 63.5%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 13.1%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 42.5%
Section 08

People & community

59.2%
−2.7 ptssince 2023
from 61.8% in 2023
40.8%
+2.7 ptssince 2023
from 38.2% in 2023
4.7%
−0.9 ptssince 2023
from 5.5% in 2023
US average: 14.1%
3.6%
+3.6 ptssince 2023
from 0.0% in 2023
US average: 6.2%
35.9%
+3.6 ptssince 2023
from 32.3% in 2023
US average: 13.3%
5.5%
−0.3 ptssince 2023
from 5.8% in 2023
US average: 8.4%
100.0%
Unchangedsince 2023
from 100.0% in 2023
US average: 91.0%
60.7%
+6.2 ptssince 2023
from 54.4% in 2023
US average: 77.7%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 13.6%
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Frequently asked

How many people live in Shipshewana Lake, Indiana?

Shipshewana Lake, Indiana has about 365 residents according to the 2024 American Community Survey.

What is the median household income in Shipshewana Lake, Indiana?

The typical household in Shipshewana Lake, Indiana earns about $70,974 a year. Half of households make more than that, and half make less.

Is Shipshewana Lake, Indiana expensive?

In Shipshewana Lake, Indiana, the median home is worth about $325,000, and the typical rent is about $821 a month.

How educated are people in Shipshewana Lake, Indiana?

About 0.0% of adults age 25 and over in Shipshewana Lake, Indiana hold a bachelor's degree or higher.

What is the poverty rate in Shipshewana Lake, Indiana?

About 0.0% of people in Shipshewana Lake, Indiana live below the federal poverty line.

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

How we source and harmonize this data →