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Shipshewana 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
365
Population
$70,974
Median Income
$325,000
Home Value
51.9
Median Age

Demographics

Shipshewana Lake has a population of 365 with a median age of 51.9. Here is the racial and ethnic breakdown of the population:

White
100.0%
Demographic Value
Total Population365
Median Age51.9
White100.0%
Shipshewana Lake, Indiana — racial composition (Census ACS 2024)Donut chart of 1 segments totaling 100.White: 100.0%365PopulationWhiteWhite100.0%

Income & Economy

The median household income in Shipshewana Lake is $70,974, which is 12.0% below the national median of $80,610. The per capita income is $33,292.

$70,974
Median Household Income
$33,292
Per Capita Income

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Education

In Shipshewana Lake, 33.3% of residents age 25+ have a high school diploma or higher.

HS Diploma+
33.3%
Education Level % of Adults (25+)
High School Diploma or Higher33.3%

Housing

The median home value in Shipshewana Lake is $325,000, above the national median of $303,400. The median monthly rent is $821. The homeownership rate is 40.1%.

$325,000
Median Home Value
$821/mo
Median Rent
40.1%
Homeownership Rate
Housing Metric Value
Median Home Value$325,000
Median Monthly Rent$821
Homeownership Rate40.1%

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 Shipshewana Lake, Indiana?
The population of Shipshewana Lake, Indiana is 365 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Shipshewana Lake, Indiana?
The median household income in Shipshewana Lake, Indiana is $70,974. This is 12.0% below the national median of $80,610.
What is the median home value in Shipshewana Lake, Indiana?
The median home value in Shipshewana Lake, Indiana is $325,000. The median monthly rent is $821.
Is Shipshewana Lake, Indiana an affordable place to live?
The home price-to-income ratio in Shipshewana Lake, Indiana is 4.6x (median home value $325,000 vs. median income $70,974), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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