IN landscape

46537

Lapaz, IN

Total Population

500
5-year trend
+5.5%

Median Household Income

$59,750
5-year trend
+14.3%

Median Home Value

$123,600
5-year trend
+37.2%

Median Rent

$640
5-year trend
+36.4%

About Lapaz, IN

Comprehensive Neighborhood Analysis

Neighborhood Profile

Lapaz, IN in Marshall represents a tight-knit residential area with approximately 500 residents. This middle income area is characterized by a affordable housing market, with median home values around $123,600 and a median household income of $59,750.

The community features a established, mature community, with a median age of 48.8 years. Residents benefit from a varied educational attainment levels, contributing to a diverse and vibrant local culture. The area's economic landscape reflects its demographic composition, with household incomes and property values aligned with broader regional trends.

Population
500

Small-sized community with diverse demographics

Median Income
$59,750

Middle income earning profile

Home Value
$123,600

Affordable housing market

Quality of Life Overview

Our comprehensive analysis evaluates Lapaz, IN across multiple quality-of-life dimensions including amenities access, cost of living, safety metrics, educational opportunities, and climate conditions. The overall livability score of 66/10 reflects these combined factors, providing residents and prospective movers with data-driven insights into the area's living standards.

Key Insights

What the data tells us about this area

Median household income is 100% higher than the state average, indicating an affluent area.

Home values are 100% higher than the state average. This area has a competitive real estate market.

Safety score of 49/100 suggests higher crime rates. Consider additional safety precautions.

74% owner-occupancy rate indicates a stable residential community with strong homeownership.

Quick Facts & Insights

Key metrics and how they compare

Household Income
$59,750
100.1% above state avg
Home Value
$123,600
100.3% above state avg
Rent
$640
100% above state avg
Population Density
500 residents
Median Age
48.8 years
Safety Score
49/100
Below average safety

Livability Score

Overall quality of life rating based on key factors

Overall Livability
66
Fair
Out of 100

Score Breakdown

Amenities
76/100
Cost of Living
100/100
Safety
49/100
Education
32/100
ℹ️ Hover for details
Employment
61/100
Housing
93/100
Weather
69/100

Expert Analysis & Insights

Data-Driven Community Assessment

Our team of data analysts and urban planning experts have evaluated Lapaz, IN across multiple dimensions to provide you with actionable insights. These findings are based on comprehensive analysis of demographic trends, economic indicators, housing market dynamics, and quality of life factors.

Excellent Housing Affordability

Strength

With a home price-to-income ratio of 2.1:1, homes in Lapaz, IN are highly affordable relative to local incomes. This compares favorably to the national benchmark of 3-4:1, making homeownership more accessible.

Below-Average Cost of Living

Opportunity

The cost of living index of 59 is below the national average of 100, meaning your dollar stretches further here. This can translate to higher disposable income, easier savings, and improved quality of life.

Methodology: Our analysis combines official data from the U.S. Census Bureau, Bureau of Labor Statistics, and regional housing databases with proprietary algorithms to identify meaningful patterns and trends. All comparisons use state-level benchmarks unless otherwise noted.

Data Sources & Accuracy

Official Government Data:Demographics and housing statistics are from the U.S. Census Bureau API (American Community Survey 5-Year Estimates). Weather and climate data comes from the National Oceanic and Atmospheric Administration (NOAA) API with official climate normals from the nearest weather station. Crime statistics are from the FBI Crime Data Explorer API, with county-level data when available, otherwise state-level official data.
Modeled Estimates:Schools and some economic indicators are currently modeled using statistical methods based on national averages and regional patterns. For critical decisions, verify with official sources:

Learn more about our data sources and methodology on our Data Sources page.

Interactive Location Map

Lapaz, IN 46537

Loading map...

Coordinates: 41.4554°, -86.3094°Open in Google Maps

Cost of Living

Compared to national average (100 = US average)

Overall Cost Index
59
Lower than avg
100 = US National Average

Cost Index by Category

Housing
0
Below avg
Transportation
90
Average
Healthcare
95
Average
Groceries
85
Below avg
Utilities
92
Average
Overall
59
Below avg

Economy & Employment

Job market and economic indicators

Labor Force
341
Employment Rate
98.2%
Avg. Commute
28 min
Work From Home
0%

Top Industries by Employment

Industry Breakdown

Manufacturing
68.9%
Educational Services
20.9%
Construction
6.8%
Agriculture, Forestry & Fishing
3.4%
Total Employed
335
Total Unemployed
6
Unemployment Rate
1.8%

Nearby ZIP Codes

Explore surrounding areas

Frequently Asked Questions

Everything you need to know about Lapaz, IN

According to the latest U.S. Census Bureau data, Lapaz, IN has a total population of approximately 500 residents. This population figure is derived from the American Community Survey (ACS) 5-Year estimates, which provide the most reliable and comprehensive demographic data available.

Have more questions? Our data is continuously updated to provide you with the most accurate and comprehensive information available. For specific inquiries or detailed analysis, consider consulting with local real estate professionals, financial advisors, or community organizations who can provide personalized guidance based on your unique situation.

Demographics Overview

Comprehensive population statistics and demographic breakdown

Key Demographic Insightsfor Lapaz, IN

Median household income is 100% below state average, suggesting more affordable cost of living.

Mature population with median age of 48.8 years, likely more established households.

Strong job market with unemployment rate of 1.8%, below national average.

Poverty rate of 19.6% is above national average of 11.5%.

Insights are derived from US Census Bureau data and may not reflect recent changes.

Household Income Distribution

Local Median Income
$59,750
-20.5% vs US
vs State Median
+-100.1%
State: $-51,066,320
Income Distribution
30.6%
Under $50k
18.8%
Over $100k
Lower Income
Middle Income
Higher Income
Data from US Census Bureau ACS 5-Year Estimates

Age Distribution

Population by age group

Household Income Breakdown

Households by income bracket

Education Levels (Age 25+)

Highest education attained

Race & Ethnicity

Demographic composition

Households & Employment

Household Types

Family composition breakdown

Average Household Size: 2.03 people

Total Households
246
Family Households
43.5%

Employment by Industry

Where residents work

#1 Industry
Manufacturing
68.9%
#2 Industry
Education
20.9%
#3 Industry
Construction
6.8%
Total Employed Residents:148

Commute Patterns

How residents get to work

Short Commute
0.0%
Under 10 minutes
Long Commute
1.8%
Over 60 minutes
Work From Home
0.0%
0 workers
Public Transit
0.0%
0 workers
Total Commuting Workers:329
Commute Insights
00

Labor Force Statistics

Employment Rate
98.2%
335 employed
Labor Force
341
6 unemployed
Unemployment Rate:1.8%
Median Age
48.8 years
Per Capita Income
$29,142
Poverty Rate
19.6%

Sponsored Content

Sponsored

Sponsored offer
Vrbo vacation rentals