Everything You Should Know Before Moving to Alma Lake, IN
Considering a move to Alma Lake, IN? This quiet lakeside community has an estimated population of 250 and offers affordable living, with median home prices around $157,000 and average rents near $780. Residents enjoy low violent crime rates (92 per 100K), reasonable commute times of about 29 minutes, and a peaceful rural setting. While local amenities are limited, nearby Terre Haute provides major healthcare and higher education options, and the area features pleasant summers and a high rate of homeownership.
Demographics - Alma Lake, IN
Demographics - Alma Lake, IN
Alma Lake is a small rural community in Indiana with an estimated population of 250, a median age of 48.3, and a predominantly White population. The area has a balanced gender ratio and a low percentage of non-English speakers, creating a close-knit and homogeneous environment. Residents can expect a peaceful, slower-paced lifestyle typical of small towns.
Population:
Estimated 250
Density:
Approx. 60 per sq mi
Median Age:
48.3
Gender Ratio:
102 males per 100 females
Non-English Speakers Percentage:
3.5%
Ethnic Composition
White:
94.1%
Black:
1.2%
Asian:
0.5%
Others:
4.2%
Cost Of Living
What is the average cost of living in Alma Lake, IN?
Alma Lake boasts a low cost of living, with a median home value of $157,000 and average rents around $780, making it an affordable option for families and retirees. Utilities and daily expenses are generally below the national average, and state taxes are relatively modest. This affordability allows residents to enjoy a comfortable lifestyle without high financial pressure.
Median House Value:
$157,000
Gross Rent:
$780
Monthly Electricity Charges:
$120
Auto Insurance:
$1,030
House Owner Cost With Mortgage:
$1,050
House Owner Cost Without Mortgage:
$380
State Taxes:
Low:
3.15%
|
High:
3.23%
Cost Of Living Index:
81.0
Grocery:
94.0
Housing:
64.0
Utilities:
94.7
Transportation:
85.2
Health Care:
90.1
Miscellaneous:
88.0
Crime
Is Alma Lake, IN a safe place to live?
Alma Lake offers a safe environment with a very low violent crime rate of 92 per 100,000 people, and property crime risks are moderate. The chance of experiencing a violent crime is about 1 in 1,087, providing peace of mind for families and individuals alike. Overall, it’s considered a secure place to live compared to larger urban areas.
Violent Crimes Per 100k:
92
Property Crimes Per 100k:
1,320
Crime Index:
1,412
Chance Of Violent Crime:
1 in 1,087
Chance Of Property Crime:
1 in 76
Weather
What is the weather like in Alma Lake, IN year-round?
Residents of Alma Lake experience four distinct seasons, with warm summers reaching up to 86°F and chilly winters dipping to 18°F. The area receives about 45 inches of rainfall annually and enjoys sunny days 59% of the year. This climate supports a variety of outdoor activities and picturesque natural scenery throughout the seasons.
Winter
Min:
18°F
Max:
37°F
Spring
Min:
42°F
Max:
67°F
Summer
Min:
64°F
Max:
86°F
Fall
Min:
45°F
Max:
69°F
Average Rainfall Inches:
44.8 inches
Sunny Days Percentage:
59%
Neighbors
The typical household in Alma Lake has a median income of $57,900, with a relatively low poverty rate of 12.9% and a strong rate of homeownership. Most residents commute about 29 minutes to work, with very little reliance on public transportation. The community is educated, with nearly 87% holding at least a high school diploma.
Median Income:
$31,000
Household Income:
$57,900
Family Income:
$64,200
Per Capita Income:
$28,500
Income Male:
$33,200
Income Female:
$28,900
Poverty Rate:
12.9%
Non English Speakers:
3.5%
Rent:
$780
Unemployment Rate:
3.7%
Public Transport Usage:
0.3%
Commute Time:
29.1 minutes
Education
High School or Higher:
87.4%
Bachelors or More:
17.2%
Education
How are the schools in Alma Lake, IN?
Alma Lake is served by Turkey Run Elementary School, which maintains a favorable student-teacher ratio and a friendly learning environment. For higher education, residents are within easy reach of Indiana State University and Rose-Hulman Institute of Technology in Terre Haute, offering a range of academic and professional opportunities. While private schools are not present locally, public and collegiate options are accessible nearby.
Public Schools
Name:
Turkey Run Elementary School
Street:
1551 E State Road 47, Marshall, IN 47859
Phone:
765-597-2760
Students:
290
Student Teacher Ratio:
14.9
Colleges
Name:
Indiana State University
City:
Terre Haute
State:
IN
Distance:
28 miles
Students:
10,200
Name:
Rose-Hulman Institute of Technology
City:
Terre Haute
State:
IN
Distance:
26 miles
Students:
2,200
Healthcare
Residents have access to quality healthcare facilities in nearby Terre Haute, including Union Health and Terre Haute Regional Hospital, both offering emergency services. The area has approximately 1.8 physicians per 1,000 residents and a high health insurance coverage rate of 91.4%. Healthcare services are rated as accessible and reliable for a small community.
Major Hospitals
Name:
Union Health Terre Haute
Address:
1606 N 7th St, Terre Haute, IN 47804
Phone:
(812) 238-7000
Type:
General & Surgical
Emergency Services:
Yes
Name:
Terre Haute Regional Hospital
Address:
3901 S 7th St, Terre Haute, IN 47802
Phone:
(812) 232-0021
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.8
Health Insurance Coverage:
91.4%
Health Care Index:
77.2
Housing Market
What is the housing market like in Alma Lake, IN?
Alma Lake’s housing market is stable and affordable, with a median home price of $157,000 and an average two-bedroom rent of $780. Homeownership is high at over 82%, and the area has a low foreclosure rate, making it appealing for buyers seeking long-term stability. Recent home appreciation indicates steady growth in property values.
Median Home Price:
$157,000
Average Rent For 2 Bedroom:
$780
Owner Occupied Rate:
82.3%
Rental Vacancy Rate:
7.5%
Home Appreciation Rate (1yr):
4.3%
New Construction Rate:
0.7%
Foreclosure Rate:
0.9%
DMV Information
Motor vehicle services for Alma Lake residents are managed by the Indiana Bureau of Motor Vehicles, located in Indianapolis. The BMV provides comprehensive driver licensing, registration, and title services both online and in person. Residents can access information and resources through the official website or contact the main office by phone.
State:
Indiana
Department:
Indiana Bureau of Motor Vehicles
Address:
100 N Senate Ave, Indianapolis, IN 46204
Phone:
888-692-6841
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.