Harrison Lake, IN
Population 193 · Indiana
About Harrison Lake, IN
Harrison Lake is a small community located in Indiana with a population of 193 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 73.9 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 Harrison Lake features a median home value of $788,200, which is 222% above the national median of $244,900. This places Harrison 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 160 total housing units, 100% are owner-occupied (97 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Harrison 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 Harrison Lake have an average one-way commute time of 19.5 minutes, one of the shorter commutes in the region.
Education & Demographics
83.9% of Harrison 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 5.7% of the population being foreign-born.
How Harrison Lake Ranks in Indiana
Cost of Living in Harrison Lake, IN
Compared to national averages, Harrison Lake has a median household income of $0 (100% below the national median of $75,149). Home values average $788,200, which is 222% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Harrison Lake's income is 100% below the state average of $69,330, and home values are 382% above the state median of $163,409.
Why Live in Harrison Lake, IN?
Harrison Lake 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 well-educated community where 83.9% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 19.5 minutes.
Potential considerations include median household income ($0) that falls below the national average, and a competitive housing market where the typical home costs $788,200. However, Harrison Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Harrison Lake has a population of 193 with a median age of 73.9 years. Compare Harrison Lake with other cities to see how it stacks up, or explore all cities in Indiana.
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Demographics
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Economy & Education
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Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Harrison Lake
What is the population of Harrison Lake, IN?
The population of Harrison Lake, IN is 193 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 Harrison Lake?
The median household income in Harrison Lake, IN is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Harrison Lake?
The median home value in Harrison Lake, IN is $788,200, which is 222% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Harrison Lake?
The median monthly rent in Harrison Lake, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Harrison Lake?
The unemployment rate in Harrison 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 Harrison Lake, IN a good place to live?
Harrison Lake offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 193 and a median age of 73.9, the city appeals to established professionals and retirees.
How educated is Harrison Lake, IN?
83.9% of residents in Harrison 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 Harrison Lake?
Key cost-of-living indicators for Harrison Lake, IN: median home value is $788,200 (222% above 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 Harrison Lake?
The poverty rate in Harrison 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 Harrison Lake, IN?
Harrison 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. 5.7% of residents are foreign-born.