Indiana · Census place 48744
Michiana Shores town, IN
Quick answer
Michiana Shores town has 433 residents, ranking #541 of 976 places in Indiana. Median household income is $92,500, the median home is worth $448,300 and median gross rent runs $1,250 a month.
- Population
- 433Michiana Shores town residents
- Median household income
- $92,500Past 12 months, inflation adjusted
- Median home value
- $448,300Owner-occupied units
- Median gross rent
- $1,250Rent plus utilities, monthly
- Median age
- 60.7 yrsAll residents
- Homeownership rate
- 94.2%Owner-occupied households
What the numbers mean in Michiana Shores town
Housing cost measured against local earnings.
A household earning the Michiana Shores town median would spend about 16.2% 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 4.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 13.2% of residents and 94.2% 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.
- New Richmond town 441
- Delaware CDP 438
- Center CDP 436
- New Washington CDP 432
- Waveland town 431
- Big Lake CDP 430
- Otwell CDP 430
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