Lake Mill, IN
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Lake Mill, IN: Quick Facts & Overview
- Population: 5,362 residents (16 people per sq. mi.)
- Average House Price: $167,482
- Average Household Income: $66,286
Lake Mill, IN is located in the state of Indiana. It is home to about 5,362 people, with around 16 residents living in every square mile.
If you want to buy a house in Lake Mill, the average price is around $167,482. That makes local housing 14% lower than the Indiana average of $195,725, and 46% lower than the national average of $308,592.
The average household in Lake Mill earns about $66,286 a year. This income is 10% lower than the average family in Indiana ($73,687), and 16% lower than the national average ($78,686).
Population
5,362
Median Household Income
$66,286
Median Home Value
$167,482
Median Age
46.0 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $40,053 |
| Labor Force Participation | 63.1% |
| Unemployment Rate | 4.0% |
| Average Commute Time | 22.9 mins |
Housing & Community Metrics
| Home Ownership Rate | 70.4% |
| Median Rent | $679 |
| Rent Burdened (>30% Income) | 26.1% |
| Total Housing Units | 2,356 |
Additional Census & Housing Profile
Geographic Overview
| County | Spencer |
| County FIPS | 18147 |
| Metro Area (CBSA) | - |
| Population Density | 16.0/sq mi |
| Coordinates (lat/lng) | 37.9378, -87.1097 |
| Timezone | America/Chicago |
| National Ranking | 4 |
| Incorporated | No |
Household Structure
| Average Family Size | 2.76 |
| Dual Income Families | 53.3% |
Marital Status
| Married | 53.6% |
| Never Married | 28.5% |
| Divorced | 12.3% |
| Widowed | 5.6% |
Gender
| Male | 47.5% |
| Female | 52.5% |
Health & Poverty
| Uninsured Rate (Health) | 4.4% |
| Poverty Rate | 7.8% |
Key Population Groups
| Veterans | 5.5% |
| Disabled Population | 14.2% |
| Limited English Proficiency | - |
All ZIP Codes in Lake Mill
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 47635 | 5,362 | $66,286 | $167,482 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Reo, IN | 2.5 miles | 465 |
| Richland, IN | 3.3 miles | 588 |
| Rockport, IN | 4.5 miles | 1,958 |
| Chrisney, IN | 6.5 miles | 442 |
| Hatfield, IN | 6.6 miles | 497 |
| Grandview, IN | 6.8 miles | 757 |
| Maceo, KY | 8.3 miles | 418 |
| Yelvington, KY | 9.6 miles | 594 |
| Tennyson, IN | 10 miles | 165 |
| Newtonville, IN | 10.1 miles | 151 |
| Stanley, KY | 11.1 miles | 448 |
| Thruston, KY | 11.2 miles | 2,581 |
| Lewisport, KY | 11.3 miles | 2,057 |
| Boonville, IN | 12.4 miles | 6,702 |
| Owensboro, KY | 12.5 miles | 73,882 |
| Gentryville, IN | 12.6 miles | 303 |
| Folsomville, IN | 13.6 miles | 130 |
| Sorgho, KY | 14.2 miles | 2,960 |
| Philpot, KY | 15.2 miles | 1,036 |
| Santa Claus, IN | 15.8 miles | 2,793 |
| Chandler, IN | 15.9 miles | 3,978 |
| Knottsville, KY | 15.9 miles | 245 |
| Newburgh, IN | 16.1 miles | 3,395 |
| Troy, IN | 17.5 miles | 608 |
| Spottsville, KY | 17.7 miles | 194 |
| Dale, IN | 18 miles | 1,542 |
| Masonville, KY | 18.7 miles | 2,887 |
| Moseleyville, KY | 18.7 miles | 269 |
| Mariah Hill, IN | 18.7 miles | 100 |
| Tell City, IN | 19.1 miles | 7,505 |
| Hawesville, KY | 19.5 miles | 1,188 |
| Cannelton, IN | 20.4 miles | 1,404 |
| Saint Joseph, KY | 20.6 miles | 144 |
| Lynnville, IN | 21.2 miles | 981 |
| Holland, IN | 21.7 miles | 613 |
| Whitesville, KY | 21.9 miles | 661 |
| St. Meinrad, IN | 22.2 miles | 646 |
| Melody Hill, IN | 22.7 miles | 3,243 |
| Stendal, IN | 22.8 miles | 155 |
| Evansville, IN | 23.4 miles | 204,607 |
| Spurgeon, IN | 23.4 miles | 163 |
| Ferdinand, IN | 24.1 miles | 2,351 |
| Elberfeld, IN | 24.1 miles | 971 |
| Pleasant Ridge, KY | 24.6 miles | 487 |
| Huntingburg, IN | 26.3 miles | 6,396 |
| Anthoston, KY | 26.3 miles | 144 |
| Henderson, KY | 26.5 miles | 27,852 |
| Beech Grove, KY | 26.9 miles | 291 |
| Cloverport, KY | 27.2 miles | 1,133 |
| Darmstadt, IN | 27.7 miles | 1,508 |
| Somerville, IN | 27.7 miles | 243 |
| Bretzville, IN | 28.1 miles | 172 |
| Calhoun, KY | 28.6 miles | 601 |
| Arthur, IN | 28.8 miles | 299 |
| Robards, KY | 29.3 miles | 483 |
| Fordsville, KY | 29.9 miles | 453 |
| Saint Anthony, IN | 30.2 miles | 203 |
| Oakland City, IN | 30.6 miles | 2,262 |
| Livermore, KY | 30.8 miles | 1,223 |
| Leopold, IN | 30.9 miles | 150 |
| Haubstadt, IN | 31.3 miles | 1,905 |
| Winslow, IN | 31.3 miles | 759 |
| Onton, KY | 31.8 miles | 122 |
| Sebree, KY | 32.1 miles | 1,825 |
| Jasper, IN | 32.8 miles | 15,991 |
| Francisco, IN | 32.9 miles | 537 |
| Fort Branch, IN | 33 miles | 3,021 |
| Ireland, IN | 33.5 miles | 153 |
| Parkers Settlement, IN | 33.8 miles | 605 |
| Saint Wendel, IN | 34 miles | 923 |
| Island, KY | 34.2 miles | 576 |
| Birdseye, IN | 34.4 miles | 263 |
| Glezen, IN | 34.7 miles | 185 |
| Corydon, KY | 35.3 miles | 741 |
| Hartford, KY | 35.7 miles | 2,649 |
| Celestine, IN | 35.7 miles | 422 |
| Otwell, IN | 35.8 miles | 379 |
| Poole, KY | 35.8 miles | 256 |
| Centertown, KY | 36.5 miles | 371 |
| Blairsville, IN | 36.8 miles | 203 |
| Cynthiana, IN | 36.9 miles | 716 |
| Sacramento, KY | 37.1 miles | 317 |
| Hardinsburg, KY | 37.5 miles | 2,327 |
| Slaughters, KY | 37.6 miles | 175 |
| Eckerty, IN | 37.8 miles | 112 |
| Princeton, IN | 38.5 miles | 8,372 |
| Wadesville, IN | 38.5 miles | 672 |
| Alford, IN | 38.9 miles | 210 |
| Dubois, IN | 39 miles | 439 |
| Beaver Dam, KY | 39.1 miles | 3,524 |
| Owensville, IN | 39.2 miles | 1,156 |
| Haysville, IN | 39.3 miles | 267 |
| Petersburg, IN | 39.4 miles | 2,414 |
| McHenry, KY | 39.9 miles | 385 |
| Poseyville, IN | 40 miles | 1,270 |
| Bremen, KY | 40.2 miles | 285 |
| Hanson, KY | 41.2 miles | 958 |
| Patoka, IN | 41.2 miles | 737 |
| Waverly, KY | 41.6 miles | 403 |
| South Carrollton, KY | 41.6 miles | 157 |