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Schaefer Lake, Indiana

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
229
Population
$130,721
Median Income
$257,800
Home Value
64.1
Median Age

Demographics

Schaefer Lake has a population of 229 with a median age of 64.1. Here is the racial and ethnic breakdown of the population:

White
94.3%
Asian
5.7%
Demographic Value
Total Population229
Median Age64.1
White94.3%
Asian5.7%
Schaefer Lake, Indiana — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 94.3%Asian: 5.7%229PopulationWhiteWhite94.3%AsianAsian5.7%

Income & Economy

The median household income in Schaefer Lake is $130,721, which is 62.2% above the national median of $80,610. The per capita income is $52,534.

$130,721
Median Household Income
$52,534
Per Capita Income

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Education

In Schaefer Lake, 93.6% of residents age 25+ have a high school diploma or higher, and 48.0% hold a bachelor's degree or higher (28.2% with a graduate or professional degree).

HS Diploma+
93.6%
Bachelor's+
48.0%
Graduate+
28.2%
Education Level % of Adults (25+)
High School Diploma or Higher93.6%
Bachelor's Degree or Higher48.0%
Graduate or Professional Degree28.2%

Housing

The median home value in Schaefer Lake is $257,800, below the national median of $303,400. The homeownership rate is 100.0%.

$257,800
Median Home Value
100.0%
Homeownership Rate
Housing Metric Value
Median Home Value$257,800
Homeownership Rate100.0%

Salaries in Indiana

Explore salary data for popular occupations in Indiana:

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Other Cities in Indiana

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Frequently Asked Questions

What is the population of Schaefer Lake, Indiana?
The population of Schaefer Lake, Indiana is 229 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Schaefer Lake, Indiana?
The median household income in Schaefer Lake, Indiana is $130,721. This is 62.2% above the national median of $80,610.
What is the median home value in Schaefer Lake, Indiana?
The median home value in Schaefer Lake, Indiana is $257,800.
What percentage of people in Schaefer Lake have a college degree?
In Schaefer Lake, Indiana, 48.0% of adults age 25 and older hold a bachelor's degree or higher, and 93.6% have a high school diploma or higher.
Is Schaefer Lake, Indiana an affordable place to live?
The home price-to-income ratio in Schaefer Lake, Indiana is 2.0x (median home value $257,800 vs. median income $130,721), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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