Indiana / Wabash County

Moving to Laketon, IN

Thinking of making a move to Laketon, IN? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Laketon, IN

Considering a move to Laketon, IN? This welcoming community of 600 residents offers a blend of suburban charm and convenience, with median home prices around $110,000 and average rents near $780. Commute times average 24 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (53% annually), ideal for families and commuters alike. Explore Laketon's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Laketon, IN

Laketon has a population of 600 residents, offering a diverse community with a median age of nearly 43 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 96% White, 1% Black, and 1% Asian residents, and over 3% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
600
Density
150 per sq mi
Median Age
43.2
Gender Ratio
98 males per 100 females
Non-English Speakers Percentage
3.2%

Ethnic Composition

White
95.5%
Black
0.8%
Asian
0.6%
Others
3.1%

Cost Of Living

What is the average cost of living in Laketon, IN?

The cost of living in Laketon is higher than the national average, with a cost of living index of 84.3. Median home values are around $110,000 and average rents for a two-bedroom apartment are approximately $780. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$110,000
Gross Rent
$780
Monthly Electricity Charges
$120
Auto Insurance
$1,050
House Owner Cost With Mortgage
$980
House Owner Cost Without Mortgage
$350
State Taxes
Low: 3.15%| High: 3.15%
Cost Of Living Index
84.3
Grocery
91.1
Housing
67.4
Utilities
97.7
Transportation
86.2
Health Care
90.8
Miscellaneous
87.3

Crime

Is Laketon, IN a safe place to live?

Laketon is considered a safe community, with a low violent crime rate of 110 incidents per 100,000 residents and a property crime chance of 1 in 110. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in Indiana.

Violent Crimes Per 100k
110
Property Crimes Per 100k
900
Crime Index
1,010
Chance Of Violent Crime
1 in 910
Chance Of Property Crime
1 in 110

Weather

What is the weather like in Laketon, IN year-round?

Laketon experiences four distinct seasons, with warm summers reaching highs of 83°F and cold winters dipping to 17°F. The area receives about 39 inches of rainfall annually and enjoys sunshine on 53% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
17°F
Max
33°F

Summer

Min
62°F
Max
83°F

Spring

Min
38°F
Max
62°F

Fall

Min
39°F
Max
65°F
Average Rainfall Inches
39.1 inches
Sunny Days Percentage
53%

Neighbors

The neighborhood boasts a healthy median household income of $54,200 and a low poverty rate of 11.5%. Over 90% of residents have at least a high school diploma, and nearly 15% hold a bachelor's degree or higher. Commute times average 24 minutes, and almost 0% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$28,500
Household Income
$54,200
Family Income
$63,800
Per Capita Income
$24,300
Income Male
$34,000
Income Female
$27,800
Poverty Rate
11.5%
Non English Speakers
3.2%
Rent
$780
Unemployment Rate
4.0%
Public Transport Usage
0.2%
Commute Time
23.5 minutes

Education

High School or Higher
89.8%
Bachelors or More
14.7%

Education

How are the schools in Laketon, IN?

Laketon offers quality education options, with public schools like Northfield Jr-Sr High School and Metro North Elementary School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Manchester University. The community is committed to educational excellence for all age groups.

Public Schools

Name
Northfield Jr-Sr High School
Street
154 W 200 N, Wabash, IN 46992
Phone
260-563-8050
Students
500
Student Teacher Ratio
14.5
Name
Metro North Elementary School
Street
3846 W 900 N, Wabash, IN 46992
Phone
260-982-7541
Students
300
Student Teacher Ratio
15.3

Colleges

Name
Manchester University
City
North Manchester
State
IN
Distance
8 miles
Students
1,400

Healthcare

Laketon residents have access to quality healthcare, with major hospitals like Parkview Wabash Hospital and Dukes Memorial Hospital nearby. The community benefits from a high physician-to-resident ratio of 1.6 per 1,000 people and 91.4% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Parkview Wabash Hospital
Address
10 John Kissinger Dr, Wabash, IN 46992
Phone
(260) 563-3131
Type
General & Surgical
Emergency Services
Yes
Name
Dukes Memorial Hospital
Address
275 W 12th St, Peru, IN 46970
Phone
(765) 472-8000
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
1.6
Health Insurance Coverage
91.4%
Health Care Index
69.2

Housing Market

What is the housing market like in Laketon, IN?

The local housing market is strong, with a median home price of $110,000 and an owner-occupied rate of nearly 83%. The market has seen a 4.3% appreciation over the past year, and rental vacancy rates remain moderate at 7.6%. Laketon offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$110,000
Average Rent For 2 Bedroom
$780
Owner Occupied Rate
82.5%
Rental Vacancy Rate
7.6%
Home Appreciation Rate (1yr)
4.3%
New Construction Rate
1.2%
Foreclosure Rate
0.7%

DMV Information

Residents of Laketon handle vehicle services through the Indiana Bureau of Motor Vehicles, conveniently located in Indianapolis. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
Indiana
Department
Indiana Bureau of Motor Vehicles
Address
100 N Senate Ave, Indianapolis, IN 46204
Phone
1-888-692-6841

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.

FAQs About Moving to Laketon, IN

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Laketon, review the core fields on this page: population 600, median home value $110,000, average rent for 2 bedroom $780, commute time 23.5 minutes, and sunny days percentage 53%.

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