Population 532 · Census ACS 2020–24
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Median age by neighborhoodHistory and comparison ↓︎
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Population and households in Laketon
Household size in Laketon
| Period | Laketon | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 2.51 | 2.57 | 2.68 |
| 2010–14 | 2.61 | 2.59 | 2.73 |
| 2015–19 | 2.54 | 2.57 | 2.71 |
| 2020–24 | 2.59 | 2.54 | 2.65 |
| Change | +0.09 | −0.03 | −0.03 |
Households in Laketon average 2.59 people, about the same as the country as a whole (2.65).
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Laketon
| Period | Laketon | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 45.1 | 37.5 | 37.7 |
| 2010–14 | 41.8 | 38.4 | 38.6 |
| 2015–19 | 45.1 | 39.1 | 39.6 |
| 2020–24 | 47.1 | 39.3 | 40.1 |
| Change | +2.0 | +1.7 | +2.3 |
With a median age of 47.1, Laketon is noticeably older than the country as a whole (40.1), an age mix that tilts toward empty nesters and retirees. The median age has climbed from 45.1 in 2006–10, but in a place this small, survey estimates can swing a lot from one release to the next.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Laketon
| Period | Laketon | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 9.2% | 11.8% | 12.3% |
| 2010–14 | 10.3% | 12.0% | 12.3% |
| 2015–19 | 15.8% | 11.6% | 11.6% |
| 2020–24 | 5.0% | 11.7% | 11.6% |
| Change | −4.2 pts | −0.1 pts | −0.6 pts |
Single-parent households are relatively rare in Laketon: 5.0% of households, against 11.6% nationally.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Laketon
Renters in Laketon
| Period | Laketon | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 9.3% | 28.5% | 33.3% |
| 2010–14 | 16.3% | 30.5% | 35.6% |
| 2015–19 | 21.7% | 30.9% | 36.0% |
| 2020–24 | 15.1% | 29.4% | 34.8% |
| Change | +5.8 pts | +1.0 pts | +1.5 pts |
Only 15.1% of households in Laketon rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. About four in ten owners (39.0%) have paid off their mortgages, about the same as nationally.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Laketon
| Period | Laketon | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 3.9% | 11.2% | 11.4% |
| 2010–14 | 14.7% | 11.2% | 11.4% |
| 2015–19 | 11.0% | 10.9% | 11.1% |
| 2020–24 | 18.4% | 9.3% | 9.6% |
| Change | +14.5 pts | −2.0 pts | −1.8 pts |
Vacancy is high in Laketon: 18.4% of homes are empty, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Laketon
| Period | Laketon | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 1961 | 1972 | 1974 |
| 2010–14 | 1961 | 1973 | 1975 |
| 2015–19 | 1968 | 1974 | 1977 |
| 2020–24 | 1952 | 1977 | 1980 |
| Change | −10 | +5 | +6 |
The housing in Laketon is old by national standards: the median home dates to 1952, against 1980 for the U.S., so buyers will find more older houses, some of them due for updates.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Laketon
| Period | Laketon | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | $642 | $763 | $965 |
| 2010–14 | $664 | $819 | $1,040 |
| 2015–19 | $717 | $903 | $1,213 |
| 2020–24 | $921 | $1,146 | $1,571 |
| Change | +$279 | +$384 | +$606 |
A typical rental in Laketon costs $921 a month with utilities, well below the national median of $1,571. The typical renter here spends 27.5% of household income on rent, just under the 30% mark often used to define affordable rent, and a smaller share than renters pay nationally.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Laketon
Bachelor's degrees in Laketon
| Period | Laketon | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 13.1% | 23.8% | 28.4% |
| 2010–14 | 12.4% | 24.6% | 29.6% |
| 2015–19 | 20.2% | 27.1% | 32.1% |
| 2020–24 | 17.4% | 30.0% | 35.6% |
| Change | +4.3 pts | +6.2 pts | +7.2 pts |
College degrees are relatively uncommon in Laketon: 17.4% of adults 25 and older hold a bachelor's or higher, well below the national share of 35.6%.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Laketon
| Period | Laketon | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 85.3% | 86.5% | 84.9% |
| 2010–14 | 83.6% | 87.7% | 86.1% |
| 2015–19 | 87.0% | 88.7% | 87.7% |
| 2020–24 | 89.8% | 89.9% | 89.3% |
| Change | +4.5 pts | +3.4 pts | +4.3 pts |
About as many adults in Laketon have finished high school as nationally: 89.8%, against 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Laketon
| Period | Laketon | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 5.4% | 8.4% | 8.1% |
| 2010–14 | 2.4% | 8.9% | 9.4% |
| 2015–19 | 4.7% | 4.9% | 5.6% |
| 2020–24 | 3.9% | 4.3% | 5.4% |
| Change | −1.5 pts | −4.1 pts | −2.7 pts |
Unemployment in Laketon runs below the national rate: 3.9% of the labor force was out of work and looking, against 5.4% nationally. The picture is much the same across Indiana. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Laketon compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Laketon | 2.59 | 47.1 | 5.0% | 15.1% | 18.4% | 1952 | $921 | 17.4% | 89.8% | 3.9% |
| North Manchester | 2.28 | 45.0 | 9.2% | 17.6% | 14.9% | 1955 | $715 | 24.9% | 93.9% | 1.6% |
| Roann | 2.30 | 47.7 | 7.4% | 7.4% | 18.7% | 1954 | $676 | 13.9% | 89.8% | 2.7% |
| Silver Lake | 2.47 | 45.5 | 7.2% | 14.9% | 18.3% | 1966 | $1,057 | 17.3% | 90.8% | 5.2% |
| Liberty Mills | 2.56 | 41.6 | 7.1% | 9.6% | 12.8% | 1966 | $850 | 23.1% | 93.0% | 1.8% |
| Stockdale | 2.58 | 50.3 | 5.6% | 3.2% | 11.9% | 1973 | $673 | 15.6% | 78.2% | 3.3% |
| Urbana | 2.36 | 45.3 | 4.1% | 10.5% | 12.6% | 1963 | $863 | 17.9% | 91.9% | 5.9% |
| Servia | 2.17 | 46.2 | 3.8% | 7.6% | 13.0% | 1962 | $890 | 19.6% | 96.1% | 2.6% |
| Gilead | 2.80 | 47.5 | 5.9% | 4.4% | 6.8% | 1976 | $712 | 18.5% | 74.2% | 3.7% |
| Claypool | 2.44 | 42.8 | 4.3% | 5.9% | 17.8% | 1981 | $1,025 | 16.2% | 90.5% | 2.6% |
| Sidney | 2.45 | 43.1 | 4.9% | 11.3% | 11.7% | 1987 | $1,155 | 20.6% | 91.3% | 2.4% |
All figures 2020–24.
Cities with similar populations: Lone Wolf, OK · Sheridan, TX · Sheridan, NY · Shell, SC · Shades Glen, PA · Sennett, NY · Majors, TX · Madison Hall, TN · Lotsee, OK · Lorenzo, GA
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Laketon. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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