Laketon, IN

Census Place

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2024 Population
460
US Senator
Todd Young
Republican Party
US Senator
Jim Banks
Republican Party
2024 Median Age
57.8
29% 1-year increase
2024 Poverty Rate
9.35%
98.9% 1-year increase
2024 Median Household Income
$60,104
23.7% 1-year decline
2024 Median Property Value
$162,500
17.4% 1-year decline
2024 Employed Population
274
24.3% 1-year decline

About

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 2024, the median property value in Laketon, IN was $162,500, and the homeownership rate was 90.4%.

Most people in Laketon, IN drove alone to work, and the average commute time was 28.5 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 460 people, from which 100% are citizens. As of 2024, 0% of Laketon, IN residents were born outside of the country (0 people).

In 2024, there were 7.07 times more White (Non-Hispanic) residents (403 people) in Laketon, IN than any other race or ethnicity. There were 57 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%
2024 Citizenship
100%
2023 Citizenship

As of 2024, 100% of Laketon, IN residents were US citizens, which is higher than the national average of 93.2%. In 2023, 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)
    403 ± 178
  2. Two Races Excluding Other, & Three or More Races (Non-Hispanic)
    57 ± 70
  3. Black or African American (Non-Hispanic)
    0 ± 13

In 2024, there were 7.07 times more White (Non-Hispanic) residents (403 people) in Laketon, IN than any other race or ethnicity. There were 57 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
    64 ± 58
  2. Gulf War (2001-)
    14 ± 30

Laketon, IN has a large population of military personnel who served in Vietnam, 4.57 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Laketon, IN.

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Economy

The economy of Laketon, IN employs 274 people. In 2024, the largest industries in Laketon, IN were Manufacturing (76 people), Health Care & Social Assistance (51 people), and Finance & Insurance (39 people), and the highest paying industries were Manufacturing ($28,750).

Employment

Occupations

274
2024 Value
± 137
−24.3%
1 Year decline
± 83.8%

From 2023 to 2024, employment in Laketon, IN declined at a rate of −24.3%, from 362 employees to 274 employees.

The most common job groups, by number of people living in Laketon, IN, are Office & Administrative Support Occupations (77 people), Production Occupations (47 people), and Health Technologists & Technicians (45 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

274
2024 Value
± 137
−24.3%
1 Year decline
± 83.8%

From 2023 to 2024, employment in Laketon, IN declined at a rate of −24.3%, from 362 employees to 274 employees.

The most common employment sectors for those who live in Laketon, IN, are Manufacturing (76 people), Health Care & Social Assistance (51 people), and Finance & Insurance (39 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

$74,423
Median earning men ± $62,756
$50,389
Median earning women ± $55,048

The industries with the best median earnings for men in 2024 are Manufacturing ($56,875).

The industries with the best median earnings for women in 2024 are .

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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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Housing & Living

The median property value in Laketon, IN was $162,500 in 2024, which is 0.488 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $196,700 to $162,500, a 17.4% decrease. The homeownership rate in Laketon, IN is 90.4%, which is higher than the national average of 65.2%.

People in Laketon, IN have an average commute time of 28.5 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

$162,500
Median Property Value 2024
±$138,491
$198
Median Property Taxes
±$88

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

90.4%
Homeownership
2024
50.8%
Homeowners with Mortgage
2024

In 2024, 90.4% of the housing units in Laketon, IN were occupied by their owner. This percentage grew from the previous year's rate of 77.8%.

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

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Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$60,104
Median Household Income
± $48,153
219
Number of Households
± 94

In 2024, the median household income of the 219 households in Laketon, IN declined from $60,104 from the previous year's value of $78,750.

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 2024
  1. Drove Alone (93.4%)
  2. Carpooled (6.57%)

In 2024, 93.4% of workers in Laketon, IN drove alone to work, followed by those who carpooled to work (6.57%) and those who used public transit to get to work (0%).

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

28.5 minutes
Average Travel Time

Using averages, employees in Laketon, IN have a longer commute time (28.5 minutes) than the normal US worker (26.4 minutes). Additionally, 3.65% 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

9.35% of the population for whom poverty status is determined in Laketon, IN (43 out of 460 people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 65 - 74, followed by Males 55 - 64 and then Males 35 - 44.

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

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

94.1% of the population of Laketon, IN has health coverage, with 48% on employee plans, 15.7% on Medicaid, 12% on Medicare, 16.5% on non-group plans, and 1.96% on military or VA plans.

Primary care physicians in Indiana see 1,524 patients per year on average, which represents a 0% change from the previous year (1,524 patients). Compare this to dentists who see 1681 patients per year, and mental health providers who see 474 patients per year.

By gender, of the total number of insured persons, 44.1% were men and 55.9% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 11.5% under 18 years, 13.7% between 18 and 34 years, 49.8% between 35 and 64 years, and 25% over 64 years.

By gender, of the total number of insured persons, 44.1% were men and 55.9% were women.

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

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Uninsured People

5.87%
Uninsured
48%
Employer Coverage
15.7%
Medicaid
12%
Medicare
16.5%
Non-Group
1.96%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Laketon, IN grew by 24.9% from 4.7% to 5.87%.

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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