Population 1,603 · Census ACS 2020–24
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Population and households in Princes Lakes
Household size in Princes Lakes
| Period | Princes Lakes | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.44 | 2.60 | 2.57 | 2.68 |
| 2010–14 | 2.61 | 2.63 | 2.59 | 2.73 |
| 2015–19 | 2.37 | 2.63 | 2.57 | 2.71 |
| 2020–24 | 2.23 | 2.59 | 2.54 | 2.65 |
| Change | −0.21 | −0.01 | −0.03 | −0.03 |
Households in Princes Lakes are small: just 2.23 people on average, compared with 2.65 nationally. That is typical of places where many people live alone or as couples, and fewer have children at home. Since 2006–10, household size has dropped from 2.44, but in a place this small, much of that may be survey noise rather than real change.
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 Princes Lakes
| Period | Princes Lakes | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 36.1 | 36.3 | 37.5 | 37.7 |
| 2010–14 | 43.9 | 37.0 | 38.4 | 38.6 |
| 2015–19 | 43.7 | 37.7 | 39.1 | 39.6 |
| 2020–24 | 50.5 | 38.2 | 39.3 | 40.1 |
| Change | +14.5 | +1.9 | +1.7 | +2.3 |
With a median age of 50.5, Princes Lakes is noticeably older than the country as a whole (40.1), an age mix that tilts toward empty nesters and retirees.
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 Princes Lakes
| Period | Princes Lakes | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 7.6% | 12.7% | 11.8% | 12.3% |
| 2010–14 | 3.9% | 12.8% | 12.0% | 12.3% |
| 2015–19 | 6.0% | 12.0% | 11.6% | 11.6% |
| 2020–24 | 6.8% | 11.8% | 11.7% | 11.6% |
| Change | −0.8 pts | −0.9 pts | −0.1 pts | −0.6 pts |
Single-parent households are relatively rare in Princes Lakes: 6.8% 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 Princes Lakes
Renters in Princes Lakes
| Period | Princes Lakes | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 15.8% | 31.4% | 28.5% | 33.3% |
| 2010–14 | 10.0% | 34.2% | 30.5% | 35.6% |
| 2015–19 | 10.0% | 34.8% | 30.9% | 36.0% |
| 2020–24 | 3.1% | 33.2% | 29.4% | 34.8% |
| Change | −12.7 pts | +1.8 pts | +1.0 pts | +1.5 pts |
Only 3.1% of households in Princes Lakes rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Among homeowners, 28.7% have no mortgage at all, well below the national share of 39.8%.
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 Princes Lakes
| Period | Princes Lakes | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 24.4% | 11.2% | 11.2% | 11.4% |
| 2010–14 | 24.4% | 10.6% | 11.2% | 11.4% |
| 2015–19 | 17.5% | 9.6% | 10.9% | 11.1% |
| 2020–24 | 18.4% | 8.0% | 9.3% | 9.6% |
| Change | −6.0 pts | −3.2 pts | −2.0 pts | −1.8 pts |
Vacant homes make up 18.4% of the housing in Princes Lakes, 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 Princes Lakes
| Period | Princes Lakes | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 1974 | 1978 | 1972 | 1974 |
| 2010–14 | 1974 | 1979 | 1973 | 1975 |
| 2015–19 | 1972 | 1980 | 1974 | 1977 |
| 2020–24 | 1969 | 1982 | 1977 | 1980 |
| Change | −6 | +5 | +5 | +6 |
The housing in Princes Lakes is old by national standards: the median home dates to 1969, 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 Princes Lakes
| Period | Princes Lakes | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | $908 | $877 | $763 | $965 |
| 2010–14 | $971 | $946 | $819 | $1,040 |
| 2015–19 | $1,056 | $1,060 | $903 | $1,213 |
| 2020–24 | $1,232 | $1,368 | $1,146 | $1,571 |
| Change | +$324 | +$492 | +$384 | +$606 |
Rent in Princes Lakes runs $1,232 a month at the median, utilities included, well below the U.S. median of $1,571. The typical renter here spends 31.1% of household income on rent, just over the 30% mark often used to define affordable rent.
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 Princes Lakes
Bachelor's degrees in Princes Lakes
| Period | Princes Lakes | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 11.4% | 30.9% | 23.8% | 28.4% |
| 2010–14 | 20.3% | 31.8% | 24.6% | 29.6% |
| 2015–19 | 20.0% | 35.2% | 27.1% | 32.1% |
| 2020–24 | 17.6% | 38.6% | 30.0% | 35.6% |
| Change | +6.3 pts | +7.7 pts | +6.2 pts | +7.2 pts |
College degrees are relatively uncommon in Princes Lakes: 17.6% 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 Princes Lakes
| Period | Princes Lakes | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 81.1% | 88.1% | 86.5% | 84.9% |
| 2010–14 | 89.0% | 88.9% | 87.7% | 86.1% |
| 2015–19 | 93.6% | 89.6% | 88.7% | 87.7% |
| 2020–24 | 89.0% | 90.8% | 89.9% | 89.3% |
| Change | +7.9 pts | +2.8 pts | +3.4 pts | +4.3 pts |
High school completion in Princes Lakes is close to the national rate: 89.0% of adults have a diploma or equivalent, against 89.3%. The rate is lower than in the Indianapolis area overall (90.8%).
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 Princes Lakes
| Period | Princes Lakes | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 5.2% | 7.9% | 8.4% | 8.1% |
| 2010–14 | 8.4% | 9.0% | 8.9% | 9.4% |
| 2015–19 | 4.7% | 4.9% | 4.9% | 5.6% |
| 2020–24 | 2.8% | 4.1% | 4.3% | 5.4% |
| Change | −2.3 pts | −3.7 pts | −4.1 pts | −2.7 pts |
The job market in Princes Lakes has been strong: just 2.8% of the labor force was out of work and looking, well below the national rate of 5.4%. 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).
Princes Lakes 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Princes Lakes | 2.23 | 50.5 | 6.8% | 3.1% | 18.4% | 1969 | $1,232 | 17.6% | 89.0% | 2.8% |
| Nineveh | 2.45 | 48.8 | 4.8% | 4.0% | 30.7% | 1979 | $962 | 29.1% | 93.3% | 1.7% |
| Trafalgar | 2.66 | 43.1 | 8.6% | 10.5% | 3.7% | 1990 | $1,013 | 25.6% | 93.5% | 4.8% |
| Sweetwater Lake | 2.35 | 41.5 | 10.9% | 8.8% | 14.6% | 1994 | $973 | 28.6% | 96.1% | 2.3% |
| Samaria | 2.84 | 41.4 | 5.2% | 2.3% | 2.8% | 1990 | $1,020 | 36.1% | 98.0% | 8.9% |
| Mount Pleasant | 2.61 | 45.3 | 1.5% | 3.2% | 8.3% | 1970 | $1,365 | 36.7% | 96.5% | 0.0% |
| Pleasant View Village | 2.32 | 44.2 | 15.4% | 23.5% | 18.8% | 1977 | $892 | 20.9% | 86.8% | 1.6% |
| Morgantown | 2.53 | 44.1 | 12.5% | 11.5% | 10.6% | 1972 | $1,023 | 20.7% | 92.4% | 6.0% |
| Edinburgh | 2.35 | 43.0 | 10.4% | 32.1% | 7.1% | 1972 | $874 | 14.4% | 87.8% | 6.9% |
| Fruitdale | 2.46 | 42.3 | 8.6% | 9.0% | 14.7% | 1983 | $1,093 | 19.4% | 91.3% | 1.7% |
| Bud | 2.75 | 44.7 | 4.9% | 1.1% | 5.0% | 1966 | $1,416 | 24.0% | 94.3% | 0.3% |
All figures 2020–24.
Cities with similar populations: Wattsburg, PA · Arkoma, OK · Winthrop, NY · Arnoldsville, GA · Beaver Springs, PA · Blanchard, ID · Boling, TX · Bolivar, NY · Boydton, VA · Converse, IN
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 Princes Lakes. 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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