Chain-O-Lakes, IN
Population 427 · Indiana
About Chain-O-Lakes, IN
Chain-O-Lakes is a small community located in Indiana with a population of 427 residents according to the latest US Census Bureau American Community Survey data. The median household income is $71,010 per year, which is 6% below the national median of $75,149. The median age of 52.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Chain-O-Lakes features a median home value of $255,300, which is 4% above the national median of $244,900. This positions Chain-O-Lakes in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 219 total housing units, 100% are owner-occupied (165 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Chain-O-Lakes shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Chain-O-Lakes have an average one-way commute time of 19.9 minutes, one of the shorter commutes in the region.
Education & Demographics
13.3% of Chain-O-Lakes residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Chain-O-Lakes, IN
Compared to national averages, Chain-O-Lakes has a median household income of $71,010 (6% below the national median of $75,149). Home values average $255,300, which is 4% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Chain-O-Lakes's income is 2% above the state average of $69,330, and home values are 56% above the state median of $163,409.
Why Live in Chain-O-Lakes, IN?
Chain-O-Lakes offers rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 6.1%, better than the national average. Additionally, the city features short commute times averaging just 19.9 minutes.
Potential considerations include median household income ($71,010) that falls below the national average. However, Chain-O-Lakes’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Chain-O-Lakes has a population of 427 with a median age of 52.8 years. Compare Chain-O-Lakes with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Chain-O-Lakes
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Wilkinson | 427 | $63,500 | $132,500 | Compare |
| Amo | 426 | $76,250 | $151,600 | Compare |
| Big Lake | 430 | $120,625 | $216,200 | Compare |
| Otwell | 430 | $47,422 | $126,200 | Compare |
| Waveland | 431 | $60,956 | $96,800 | Compare |
| New Washington | 432 | $84,141 | $193,000 | Compare |
| Larwill | 421 | $61,250 | $85,400 | Compare |
| Michiana Shores | 433 | $92,500 | $448,300 | 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 Chain-O-Lakes With Other Cities
Frequently Asked Questions about Chain-O-Lakes
What is the population of Chain-O-Lakes, IN?
The population of Chain-O-Lakes, IN is 427 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Indiana.
What is the median household income in Chain-O-Lakes?
The median household income in Chain-O-Lakes, IN is $71,010 per year, which is 6% below the national median of $75,149.
What is the median home value in Chain-O-Lakes?
The median home value in Chain-O-Lakes, IN is $255,300, which is 4% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Chain-O-Lakes?
The median monthly rent in Chain-O-Lakes, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Chain-O-Lakes?
The unemployment rate in Chain-O-Lakes, IN is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Chain-O-Lakes, IN a good place to live?
Chain-O-Lakes offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 427 and a median age of 52.8, the city appeals to established professionals and retirees.
How educated is Chain-O-Lakes, IN?
13.3% of residents in Chain-O-Lakes 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 Chain-O-Lakes?
Key cost-of-living indicators for Chain-O-Lakes, IN: median home value is $255,300 (4% above national), median rent is $0/month, and median household income is $71,010. The home-value-to-income ratio is 3.6x, a moderate figure by national standards.
What is the poverty rate in Chain-O-Lakes?
The poverty rate in Chain-O-Lakes, IN is 6.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Chain-O-Lakes, IN?
Chain-O-Lakes's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.