Laketon, IN

Census Place

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2023 Population
532
81% 1-year growth
US Senator
Todd Young
Republican Party
US Senator
Jim Banks
Republican Party
2023 Median Age
44.8
3.23% 1-year increase
2023 Poverty Rate
4.7%
42.4% 1-year decrease
2023 Median Household Income
$78,750
54.1% 1-year growth
2023 Median Property Value
$196,700
72.8% 1-year growth
2023 Employed Population
362
117% 1-year growth

About

In 2023, Laketon, IN had a population of 532 people with a median age of 44.8 and a median household income of $78,750. Between 2022 and 2023 the population of Laketon, IN grew from 294 to 532, a 81% increase and its median household income grew from $51,111 to $78,750, a 54.1% increase.

The 5 largest ethnic groups in Laketon, IN are White (Non-Hispanic) (99.2%), Two Races Excluding Other, & Three or More Races (Non-Hispanic) (0.752%), Black or African American (Non-Hispanic) (0%), American Indian & Alaska Native (Non-Hispanic) (0%), and Asian (Non-Hispanic) (0%).

None of the households in Laketon, IN reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

100% of the residents in Laketon, IN are U.S. citizens.

In 2023, the median property value in Laketon, IN was $196,700, and the homeownership rate was 77.8%.

Most people in Laketon, IN drove alone to work, and the average commute time was 20.4 minutes. The average car ownership in Laketon, IN was 4 cars per household.

United StatesIndianaWabash County, INWabash, INGrant, Miami & Wabash Counties PUMA, IN

Population & Diversity

Laketon, IN is home to a population of 532 people, from which 100% are citizens. As of 2023, 0% of Laketon, IN residents were born outside of the country (0 people).

In 2023, there were 132 times more White (Non-Hispanic) residents (528 people) in Laketon, IN than any other race or ethnicity. There were 4 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 0 Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

100%
2023 Citizenship
100%
2022 Citizenship

As of 2023, 100% of Laketon, IN residents were US citizens, which is higher than the national average of 93.4%. In 2022, the percentage of US citizens in Laketon, IN was 100%, meaning that the rate of citizenship has been maintaining.

The following chart shows US citizenship percentages in Laketon, IN compared to that of it's neighboring and parent geographies.

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in Laketon, IN
  1. White (Non-Hispanic)
    528 ± 195
  2. Two Races Excluding Other, & Three or More Races (Non-Hispanic)
    4 ± 8
  3. Black or African American (Non-Hispanic)
    0 ± 13

In 2023, there were 132 times more White (Non-Hispanic) residents (528 people) in Laketon, IN than any other race or ethnicity. There were 4 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 0 Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

The following chart shows the 8 races represented in Laketon, IN as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Indiana.
Most Common Origin
  1. Mexico
    108,287 ± 8,015 people
  2. India
    34,966 ± 4,579 people
  3. China
    17,771 ± 3,269 people

In 2023, the most common birthplace for the foreign-born residents of Indiana was Mexico, the natal country of 108,287 Indiana residents, followed by India with 34,966 and China with 17,771.

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Military

Veterans

Most Common Service Period
  1. Vietnam
    63 ± 52
  2. Gulf War (1990s)
    18 ± 27
  3. Gulf War (2001-)
    11 ± 29

Laketon, IN has a large population of military personnel who served in Vietnam, 3.5 times greater than any other conflict.

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Economy

The economy of Laketon, IN employs 362 people. In 2023, the largest industries in Laketon, IN were Health Care & Social Assistance (98 people), Manufacturing (79 people), and Accommodation & Food Services (40 people), and the highest paying industries were Manufacturing ($41,696), Health Care & Social Assistance ($41,375), and Educational Services, & Health Care & Social Assistance ($40,500).

Employment

Occupations

362
2023 Value
± 142
117%
1 Year growth
± 33.2%

From 2022 to 2023, employment in Laketon, IN grew at a rate of 117%, from 167 employees to 362 employees.

The most common job groups, by number of people living in Laketon, IN, are Office & Administrative Support Occupations (63 people), Healthcare Support Occupations (58 people), and Production Occupations (49 people). This chart illustrates the share breakdown of the primary jobs held by residents of Laketon, IN.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for Indiana.

This chart shows weekly unemployment insurance claims in Indiana (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

362
2023 Value
± 142
117%
1 Year growth
± 33.2%

From 2022 to 2023, employment in Laketon, IN grew at a rate of 117%, from 167 employees to 362 employees.

The most common employment sectors for those who live in Laketon, IN, are Health Care & Social Assistance (98 people), Manufacturing (79 people), and Accommodation & Food Services (40 people). This chart shows the share breakdown of the primary industries for residents of Laketon, IN, though some of these residents may live in Laketon, IN and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$74,688
Median earning men ± $42,796
$24,482
Median earning women ± $27,653

The industries with the best median earnings for men in 2023 are Manufacturing ($57,188), Public Administration ($N/A), and Other Services Except Public Administration ($N/A).

The industries with the best median earnings for women in 2023 are Educational Services, & Health Care & Social Assistance ($41,375), Manufacturing ($24,773), and Arts, Entertainment, & Recreation, & Accommodations & Food Services ($2,499).

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Employment by Industry Sector

Data is only available at the state level. Showing data for Indiana.
Y-Axis
2.48%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 3.21M people employed in Indiana. This represents a 2.48% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 15.4%.

The following chart shows monthly employment numbers for each industry sector in Indiana.

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Civics

In the 2024 presidential election, the popular vote in Indiana went to Donald J. Trump with 58.8% of the vote. The runner-up was Kamala Harris (39.8%), followed by Robert Kennedy (1%).

Todd Young and Jim Banks are the senators currently representing the state of Indiana. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Indiana is currently represented by 9 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

Presidential Elections

Voting results are not available for Laketon, IN. Showing the available data for Indiana.
2024 Election Results
  1. Donald J. Trump (58.8%)
    Republican Party
  2. Kamala Harris (39.8%)
    Democratic Party
  3. Robert Kennedy (1%)
    Independent Party

In the 2024 presidential election, the popular vote in Indiana went to Donald J. Trump with 58.8% of the vote. The runner-up was Kamala Harris (39.8%), followed by Robert Kennedy (1%).

The following chart shows the popular vote results in Indiana for each registered party from 1976 to 2024.

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Senator Elections

US Senators from Indiana

Senatorial voting results are only available at the state level. Showing data for Indiana.
Todd Young
Senator from Indiana3
Assumed office on January 3, 2017
Jim Banks
Senator from Indiana1
Assumed office on January 3, 2025

Todd Young and Jim Banks are the senators currently representing Indiana.

In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

The following chart shows elected senators in Indiana over time, excluding special elections, colored by their political party.

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US Representative Elections

US Representatives from Indiana

Indiana is currently represented by 9 members in the U.S. house.

Members of the House of Representives are elected to 2-year terms, and the following chart shows the how the members for Indiana have changed over time starting in 2008.

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Education

Completions

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

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Working Population

Educational Pyramid

Data is only available at the state level. Showing data for Indiana.
Measure

In 2023, 0.886% of men over 25 years of age had not completed any academic degree (no schooling), while 0.865% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

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Educational Attainment

Data is only available at the state level. Showing data for Indiana.
Race

The most common educational levels obtained by the working population in 2023 were High School or Equivalent (1.75M), Some college (1.11M), and Bachelors Degree (901k).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

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Housing & Living

The median property value in Laketon, IN was $196,700 in 2023, which is 0.648 times smaller than the national average of $303,400. Between 2022 and 2023 the median property value increased from $113,800 to $196,700, a 72.8% increase. The homeownership rate in Laketon, IN is 77.8%, which is higher than the national average of 65%.

People in Laketon, IN have an average commute time of 20.4 minutes, and they drove alone to work. Car ownership in Laketon, IN is higher than the national average, with an average of 4 cars per household.

Housing

Property

$196,700
Median Property Value 2023
±$118,031
$179
Median Property Taxes
±$89

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Laketon, IN the largest share of households pay taxes in the < $800 range.

The chart underneath the paragraph shows the property taxes in Laketon, IN compared to it's parent and neighbor geographies.

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Rent vs Own

77.8%
Homeownership
2023
48%
Homeowners with Mortgage
2023

In 2023, 77.8% of the housing units in Laketon, IN were occupied by their owner. This percentage declined from the previous year's rate of 79.6%.

This chart shows the percentage of owner in Laketon, IN compared it's parent and neighboring geographies.

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Equity

Income by Location

Use the dropdown to filter by race/ethnicity.
Race/Ethnicity

The following map shows all of the places in Laketon, IN colored by their Median Household Income (Total).

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Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$78,750
Median Household Income
± $42,106
230
Number of Households
± 97

In 2023, the median household income of the 230 households in Laketon, IN grew to $78,750 from the previous year's value of $51,111.

The following chart displays the households in Laketon, IN distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $40k - $45k range.

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Wage Distribution

The closest comparable wage GINI for Laketon, IN is from Indiana.
0.445
2023 Wage GINI in Indiana
0.448
2022 Wage GINI in Indiana

In 2023, the income inequality in Indiana was 0.445 according to the GINI calculation of the wage distribution. Income inequality had a 0.529% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for Indiana was lower than than the national average of 0.476. In other words, wages are distributed more evenly in Indiana in comparison to the national average.

This chart shows the number of workers in Indiana across various wage buckets compared to the national average.

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Transportation

Commuter Transportation

Most Common Commute in 2023
  1. Drove Alone (68.7%)
  2. Carpooled (27.2%)
  3. Other (4.06%)

In 2023, 68.7% of workers in Laketon, IN drove alone to work, followed by those who carpooled to work (27.2%) and those who used some unspecified means to get work (4.06%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

20.4 minutes
Average Travel Time

Using averages, employees in Laketon, IN have a shorter commute time (20.4 minutes) than the normal US worker (26.6 minutes). Additionally, 0% of the workforce in Laketon, IN have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Laketon, IN compares to that of it's neighboring and parent geographies.

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Car Ownership

4 cars
Average Number

The following chart displays the households in Laketon, IN distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Laketon, IN have 4 cars.

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Poverty

Poverty & Diversity

4.7% of the population for whom poverty status is determined in Laketon, IN (25 out of 532 people) live below the poverty line, a number that is lower than the national average of 12.4%. The largest demographic living in poverty are Females 65 - 74, followed by Females 75+ and then Females 55 - 64.

The most common racial or ethnic group living below the poverty line in Laketon, IN is White, followed by Black and Native American.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

95.3% of the population of Laketon, IN has health coverage, with 60.7% on employee plans, 2.07% on Medicaid, 12% on Medicare, 18.4% on non-group plans, and 2.07% on military or VA plans.

Primary care physicians in Indiana see 1,524 patients per year on average, which represents a 1.6% increase from the previous year (1,500 patients). Compare this to dentists who see 1681 patients per year, and mental health providers who see 500 patients per year.

By gender, of the total number of insured persons, 35% were men and 65% were women.

Coverage

Health Care Diversity

In 2023, insured persons according to age ranges were distributed in 22.2% under 18 years, 13.9% between 18 and 34 years, 39.7% between 35 and 64 years, and 24.2% over 64 years.

By gender, of the total number of insured persons, 35% were men and 65% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

4.7%
Uninsured
60.7%
Employer Coverage
2.07%
Medicaid
12%
Medicare
18.4%
Non-Group
2.07%
Military or VA

Between 2022 and 2023, the percent of uninsured citizens in Laketon, IN declined by 13.7% from 5.44% to 4.7%.

The following chart shows how the percent of uninsured individuals in Laketon, IN changed over time compared with the percent of individuals enrolled in various types of health insurance.

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