Cedar Lake, IN
Population 14,686 · Indiana
About Cedar Lake, IN
Cedar Lake is a mid-sized city located in Indiana with a population of 14,686 residents according to the latest US Census Bureau American Community Survey data. The median household income is $79,177 per year, which is 5% above the national median of $75,149. The median age of 40.3 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Cedar Lake features a median home value of $259,900, which is 6% above the national median of $244,900. This positions Cedar Lake in a moderately priced market relative to the rest of the country. Median monthly rent is $1,209, 4% above the national average of $1,163/month. Of the 5,993 total housing units, 80% are owner-occupied (4,233 units) and 20% are renter-occupied (1,050 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Cedar Lake shows an unemployment rate of 4.7%, which is near the national rate of 3.7%. The poverty rate stands at 3.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Cedar Lake have an average one-way commute time of 33.7 minutes.
Education & Demographics
24.8% of Cedar Lake residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 7.5% White, 1.7% Hispanic or Latino, 0.1% Black or African American, and 0.5% Asian residents, with 2.5% of the population being foreign-born.
Cost of Living in Cedar Lake, IN
Compared to national averages, Cedar Lake has a median household income of $79,177 (5% above the national median of $75,149). Home values average $259,900, which is 6% above the national median. Monthly rent at $1,209 is 4% above the US average of $1,163. Within Indiana, Cedar Lake's income is 14% above the state average of $69,330, and home values are 59% above the state median of $163,409.
Why Live in Cedar Lake, IN?
Cedar Lake offers a strong local economy with a median household income of $79,177, well above the national average, and a low poverty rate of 3.6%, better than the national average.
Cedar Lake has a population of 14,686 with a median age of 40.3 years. Compare Cedar Lake with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Cedar Lake
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Chesterton | 14,326 | $88,536 | $280,400 | Compare |
| Beech Grove | 15,082 | $49,452 | $169,500 | Compare |
| New Haven | 15,339 | $67,121 | $151,200 | Compare |
| Frankfort | 15,536 | $53,522 | $122,800 | Compare |
| Bedford | 13,824 | $50,253 | $136,900 | Compare |
| Speedway | 13,622 | $57,158 | $209,400 | Compare |
| Auburn | 13,464 | $62,339 | $172,800 | Compare |
| Connersville | 13,241 | $45,679 | $96,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Cedar Lake With Other Cities
Frequently Asked Questions about Cedar Lake
What is the population of Cedar Lake, IN?
The population of Cedar Lake, IN is 14,686 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Indiana.
What is the median household income in Cedar Lake?
The median household income in Cedar Lake, IN is $79,177 per year, which is 5% above the national median of $75,149.
What is the median home value in Cedar Lake?
The median home value in Cedar Lake, IN is $259,900, which is 6% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cedar Lake?
The median monthly rent in Cedar Lake, IN is $1,209, which is 4% above the national average of $1,163/month.
What is the unemployment rate in Cedar Lake?
The unemployment rate in Cedar Lake, IN is 4.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Cedar Lake, IN a good place to live?
Cedar Lake offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 14,686 and a median age of 40.3, the city appeals to a broad range of residents.
How educated is Cedar Lake, IN?
24.8% of residents in Cedar Lake aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Cedar Lake?
Key cost-of-living indicators for Cedar Lake, IN: median home value is $259,900 (6% above national), median rent is $1,209/month, and median household income is $79,177. The home-value-to-income ratio is 3.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Cedar Lake?
The poverty rate in Cedar Lake, IN is 3.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Cedar Lake, IN?
Cedar Lake's population is 7.5% White, 1.7% Hispanic or Latino, 0.1% Black or African American, 0.5% Asian, and 0.2% two or more races. 2.5% of residents are foreign-born.