Indiana · Census place 40896
Lagro town, IN
Quick answer
Lagro town has 305 residents, ranking #616 of 976 places in Indiana. Median household income is $60,000, the median home is worth $78,000 and median gross rent runs $942 a month.
- Population
- 305Lagro town residents
- Median household income
- $60,000Past 12 months, inflation adjusted
- Median home value
- $78,000Owner-occupied units
- Median gross rent
- $942Rent plus utilities, monthly
- Median age
- 35.2 yrsAll residents
- Homeownership rate
- 80.8%Owner-occupied households
What the numbers mean in Lagro town
Housing cost measured against local earnings.
A household earning the Lagro town median would spend about 18.8% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 14.4% of residents and 80.8% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Indiana.
- Needmore CDP 307
- Norway CDP 307
- Sandborn town 307
- Bloomingdale town 302
- Russellville town 301
- Hayden CDP 300
- Grammer CDP 298
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