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Indiana · Census place 41112

Lake Eliza, IN population, income and housing data

Quick answer

The population of the city of Lake Eliza, Indiana (Lake Eliza, IN — Census place “Lake Eliza CDP”) is 725 residents, ranking #432 of 976 places in Indiana. Median household income is $85,286, the median home is worth $168,000 and median gross rent runs — a month.

Population
725Lake Eliza CDP residents
Median household income
$85,286Past 12 months, inflation adjusted
Median home value
$168,000Owner-occupied units
Median gross rent
—Rent plus utilities, monthly
Median age
33.4 yrsAll residents
Homeownership rate
96.1%Owner-occupied households

What the numbers mean in Lake Eliza CDP

Housing cost measured against local earnings.

The median home costs 2.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9.2% of residents and 96.1% 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 Eliza CDP, IN in context

How this area compares with national benchmarks.

Lake Eliza CDP is a very small community in Indiana, with 725 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #432 of 976 ranked by population — larger than 55% of them. The median age here is 33.4 years against 39.1 nationally, a slightly younger profile than the country as a whole. 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 Eliza CDP earn a median of $85,286 a year, 8.6% above the national figure of $78,538 and 39% above the $61,527 median for the 355 Indiana cities we cover. Median household income counts every pre-tax dollar arriving at an address — wages, self-employment, Social Security, pensions, interest and public assistance — for everyone living there, so multi-earner households pull the figure up even where individual pay is modest. Poverty reaches 9.2% of residents here, below the 12.4% national rate.

The typical owner-occupied home in Lake Eliza CDP is valued at $168,000, 44.6% below the national figure and 15% above the $145,600 peer median, while median gross rent runs not published a month. The home-price-to-income ratio works out to 2×, against roughly 3.9× nationally, so purchase prices are unusually low against local pay, the pattern in places where supply is plentiful and wage growth has been flat. 96.1% 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.

With 725 residents, a handful of survey responses moves every median on this page. Compare Lake Eliza CDP against its county rather than against national figures.

The Census withheld gross rent for Lake Eliza 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 Eliza CDP?
Lake Eliza CDP has 725 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #432 of 976 in Indiana.
What is the median household income in Lake Eliza CDP?
Median household income in Lake Eliza CDP is $85,286 a year, 8.6% above the national figure of $78,538.
How much does it cost to rent or buy in Lake Eliza CDP?
Median gross rent is not published a month and the median home value is $168,000.
Is Lake Eliza CDP affordable compared with the rest of the US?
Homes cost about 2× the local median income here versus roughly 3.9× nationally, so Lake Eliza CDP is more affordable to buy in than the typical US market.
How current is this Lake Eliza 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.