Cree Lake, IN
Population 241 · Indiana
About Cree Lake, IN
Cree Lake is a small community located in Indiana with a population of 241 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 60.1 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 Cree Lake features a median home value of $232,700, which is 5% below the national median of $244,900. This positions Cree Lake 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 151 total housing units, 77% are owner-occupied (75 units) and 23% are renter-occupied (23 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Cree Lake shows an unemployment rate of 11.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 28.2%, above the national average of 12.4%. Workers in Cree Lake have an average one-way commute time of 19.8 minutes, one of the shorter commutes in the region.
Education & Demographics
0.0% of Cree Lake 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 Cree Lake, IN
Compared to national averages, Cree Lake has a median household income of $0 (100% below the national median of $75,149). Home values average $232,700, which is 5% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Cree Lake's income is 100% below the state average of $69,330, and home values are 42% above the state median of $163,409.
Why Live in Cree Lake, IN?
Cree Lake offers affordable housing with a median home value of $232,700, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and short commute times averaging just 19.8 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, Cree Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cree Lake has a population of 241 with a median age of 60.1 years. Compare Cree Lake with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Cree Lake
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Somerset | 241 | $105,272 | $0 | Compare |
| Hazleton | 240 | $51,250 | $70,800 | Compare |
| Glezen | 243 | $115,278 | $136,400 | Compare |
| Goldsmith | 239 | $158,125 | $281,400 | Compare |
| South Milford | 243 | $114,968 | $183,100 | Compare |
| Cedar Grove | 244 | $60,625 | $160,900 | Compare |
| Kingsbury | 244 | $71,250 | $182,400 | Compare |
| Linn Grove | 238 | $0 | $163,300 | 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 Cree Lake With Other Cities
Frequently Asked Questions about Cree Lake
What is the population of Cree Lake, IN?
The population of Cree Lake, IN is 241 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 Cree Lake?
The median household income in Cree Lake, IN is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Cree Lake?
The median home value in Cree Lake, IN is $232,700, which is 5% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cree Lake?
The median monthly rent in Cree Lake, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Cree Lake?
The unemployment rate in Cree Lake, IN is 11.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Cree Lake, IN a good place to live?
Cree Lake offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 241 and a median age of 60.1, the city appeals to established professionals and retirees.
How educated is Cree Lake, IN?
0.0% of residents in Cree 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 Cree Lake?
Key cost-of-living indicators for Cree Lake, IN: median home value is $232,700 (5% below national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is Infinityx, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Cree Lake?
The poverty rate in Cree Lake, IN is 28.2%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Cree Lake, IN?
Cree Lake'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.