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Indiana · Census place 41004

Lake Bruce, IN population, income and housing data

Quick answer

The population of the city of Lake Bruce, Indiana (Lake Bruce, IN — Census place “Lake Bruce CDP”) is 196 residents, ranking #721 of 976 places in Indiana. Median household income is $29,643, the median home is worth $179,600 and median gross rent runs — a month.

Population
196Lake Bruce CDP residents
Median household income
$29,643Past 12 months, inflation adjusted
Median home value
$179,600Owner-occupied units
Median gross rent
—Rent plus utilities, monthly
Median age
58.1 yrsAll residents
Homeownership rate
89%Owner-occupied households

What the numbers mean in Lake Bruce CDP

Housing cost measured against local earnings.

The median home costs 6.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 25.5% of residents and 89% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

Lake Bruce CDP, IN in context

How this area compares with national benchmarks.

Lake Bruce CDP is a very small community in Indiana, with 196 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #721 of 976 ranked by population — larger than 26% of them. The median age here is 58.1 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Lake Bruce CDP earn a median of $29,643 a year, 62.3% below the national figure of $78,538 and 52% below the $61,527 median for the 355 Indiana cities we cover. Household income here is measured before tax and pooled across everyone at the address, which is why it reads higher than typical individual earnings in the same area. Poverty reaches 25.5% of residents here, well above the 12.4% national rate, which is the single clearest signal in this dataset that median income here is carried by a narrow band of households.

The typical owner-occupied home in Lake Bruce CDP is valued at $179,600, 40.8% below the national figure and 23% above the $145,600 peer median, while median gross rent runs not published a month. The home-price-to-income ratio works out to 6.1×, against roughly 3.9× nationally, so buying is out of reach on local earnings alone and the ownership market leans on outside income, equity or dual high earners. 89% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

Home values sit at 6.1× median household income, far past the 3.9× national mark, so ownership costs here are set by something other than local wages — second homes, retirees with equity, or commuters earning elsewhere. A median age of 58.1 puts Lake Bruce CDP well into retirement-weighted territory, which pulls median household income down even where household wealth is high, because retirement draws are counted differently from wages.

The Census withheld gross rent for Lake Bruce CDP because the sample was too thin to publish at this geography. Those values were suppressed at the source, not lost in our dataset, and we do not model a replacement. Everything else on this page comes straight from the ACS 2019-2023 ACS 5-year tables.

Compare with nearby places

Places of similar size in Indiana.

More Indiana coverage.

Frequently asked questions

Common questions about this area.

What is the population of Lake Bruce CDP?
Lake Bruce CDP has 196 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #721 of 976 in Indiana.
What is the median household income in Lake Bruce CDP?
Median household income in Lake Bruce CDP is $29,643 a year, 62.3% below the national figure of $78,538.
How much does it cost to rent or buy in Lake Bruce CDP?
Median gross rent is not published a month and the median home value is $179,600.
Is Lake Bruce CDP affordable compared with the rest of the US?
Homes cost about 6.1× the local median income here versus roughly 3.9× nationally, so Lake Bruce CDP is less affordable to buy in than the typical US market.
How current is this Lake Bruce CDP data?
All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.