Michiana Shores, IN population, income and ZIP codes

Michiana Shores town is a very small community in Indiana, with 433 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #541 of 976 ranked by population — larger than 44% of them. The median age here is 60.7 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 Michiana Shores town earn a median of $92,500 a year, 17.8% above the national figure of $78,538 and 50% above the $61,527 median for the 355 Indiana cities we cover. The median is the midpoint household, not an average, so a handful of very high earners cannot drag it upward the way they distort a mean. Poverty reaches 13.2% of residents here, above the 12.4% national rate.

The typical owner-occupied home in Michiana Shores town is valued at $448,300, 47.8% above the national figure and 208% above the $145,600 peer median, while median gross rent runs $1,250 a month, 11.1% below the national figure, or roughly $15,000 across a full year. A household on the local median income would put about 16.2% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 4.8×, against roughly 3.9× nationally, so buying is harder here than in the average US market. 94.2% 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.

A median age of 60.7 puts Michiana Shores town 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. Median income runs above the national figure while poverty also runs above it — a split distribution, not a uniformly comfortable place. Averages hide that; the two numbers together do not.

No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.