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Laketon, IN
Considering a move to Laketon, IN? This quiet community of around 600 residents offers affordable living, with median home prices near $110,000 and average rents around $780. Crime rates are low, and most people enjoy a manageable 23-minute commute. The area features solid public schools, easy access to regional healthcare, and a classic Midwest climate with all four seasons. If you're seeking a safe, friendly town with a low cost of living, Laketon could be a great fit!
Laketon is a small, close-knit community of about 600 people, with a population that is predominantly White and a median age of 43.2, reflecting a mature, stable environment. The gender balance is nearly even, and the area sees limited linguistic diversity, with just over 3% of residents speaking a language other than English at home.
Laketon offers a highly affordable cost of living, with a median home value around $110,000 and average rents of $780, making it an attractive option for budget-conscious movers. The overall cost of living index is well below the national average, especially for housing and groceries, allowing residents' incomes to stretch further.
Laketon boasts low crime rates, with only 110 violent crimes and 900 property crimes per 100,000 residents each year, making it a safe choice for families and individuals. The chance of experiencing a violent crime is about 1 in 910, well below national averages.
Residents experience all four seasons, with warm summers reaching highs of 83°F and cold winters dipping to 17°F. The area enjoys about 53% sunny days annually and receives around 39 inches of rainfall, ideal for those who appreciate a classic Midwest climate.
Laketon's residents enjoy a median household income of $54,200, with a modest poverty rate of 11.5% and low unemployment. The average commute is about 23.5 minutes, and nearly 90% of adults have completed high school, reflecting a steady, family-oriented neighborhood.
Laketon is served by public schools with favorable student-teacher ratios around 15:1 and access to higher education at Manchester University, located just 8 miles away. The area lacks private schools but offers a solid public education foundation and nearby college options.
Access to healthcare is solid, with major hospitals like Parkview Wabash and Dukes Memorial nearby and over 91% of the population insured. The area maintains a good balance of healthcare professionals, with 1.6 physicians per 1,000 residents, ensuring reliable medical support.
The housing market in Laketon features a median home price of $110,000 and a high owner-occupancy rate of 82.5%, making homeownership attainable for many. Rental options are available with a moderate vacancy rate, and home values have appreciated by 4.3% in the past year.
Laketon residents are served by the Indiana Bureau of Motor Vehicles, offering convenient access to licensing and registration services both online and at the central office in Indianapolis.
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.
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