Grandview Lake, IN
Population 319 · Indiana
About Grandview Lake, IN
Grandview Lake is a small community located in Indiana with a population of 319 residents according to the latest US Census Bureau American Community Survey data. The median household income is $236,042 per year, which is 214% above the national median of $75,149. The median age of 53.4 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 Grandview Lake features a median home value of $814,700, which is 233% above the national median of $244,900. This places Grandview Lake in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 310 total housing units, 100% are owner-occupied (123 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Grandview Lake 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 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Grandview Lake have an average one-way commute time of 39.3 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
57.5% of Grandview Lake residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. 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.
How Grandview Lake Ranks in Indiana
Cost of Living in Grandview Lake, IN
Compared to national averages, Grandview Lake has a median household income of $236,042 (214% above the national median of $75,149). Home values average $814,700, which is 233% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Grandview Lake's income is 240% above the state average of $69,330, and home values are 399% above the state median of $163,409.
Why Live in Grandview Lake, IN?
Grandview Lake offers a strong local economy with a median household income of $236,042, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 57.5% of residents hold a bachelor’s degree or higher, and a low poverty rate of 0.0%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $814,700. However, Grandview Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Grandview Lake has a population of 319 with a median age of 53.4 years. Compare Grandview Lake with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Grandview Lake
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Staunton | 319 | $61,250 | $96,400 | Compare |
| Paxton | 320 | $48,938 | $87,900 | Compare |
| Lewisville | 321 | $52,143 | $101,600 | Compare |
| Helmsburg | 322 | $0 | $86,000 | Compare |
| Spencerville | 322 | $43,542 | $141,700 | Compare |
| Stinesville | 316 | $61,382 | $120,000 | Compare |
| Harrodsburg | 315 | $0 | $187,500 | Compare |
| Herbst | 323 | $0 | $0 | 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 Grandview Lake With Other Cities
Frequently Asked Questions about Grandview Lake
What is the population of Grandview Lake, IN?
The population of Grandview Lake, IN is 319 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 Grandview Lake?
The median household income in Grandview Lake, IN is $236,042 per year, which is 214% above the national median of $75,149.
What is the median home value in Grandview Lake?
The median home value in Grandview Lake, IN is $814,700, which is 233% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Grandview Lake?
The median monthly rent in Grandview Lake, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Grandview Lake?
The unemployment rate in Grandview Lake, 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 Grandview Lake, IN a good place to live?
Grandview Lake offers above-average incomes, a competitive housing market, and a strong job market. With a population of 319 and a median age of 53.4, the city appeals to established professionals and retirees.
How educated is Grandview Lake, IN?
57.5% of residents in Grandview Lake aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Grandview Lake?
Key cost-of-living indicators for Grandview Lake, IN: median home value is $814,700 (233% above national), median rent is $0/month, and median household income is $236,042. The home-value-to-income ratio is 3.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Grandview Lake?
The poverty rate in Grandview Lake, IN is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Grandview Lake, IN?
Grandview 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.