Heritage Lake, IN
Population 2,913 · Indiana
About Heritage Lake, IN
Heritage Lake is a small community in Indiana with a population of 2,913 residents. The median household income is $81,495 per year, which is above the national average. The median age in Heritage Lake is 34 years.
Housing in Heritage Lake has a median home value of $237,300 and median monthly rent of $0. Of the 1,564 total housing units, the majority are owner-occupied, with 1,338 owner-occupied and 35 renter-occupied units.
The unemployment rate in Heritage Lake is 3.8% and the poverty rate is 11.4%. 20.8% of residents hold a bachelor's degree or higher. The average commute time is 30.5 minutes.
Cost of Living in Heritage Lake, IN
Compared to national averages, Heritage Lake has a median household income of $81,495 (8% above the national median of $75,149). Home values average $237,300, which is 3% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Heritage Lake's income is 18% above the state average of $69,330, and home values are 45% above the state median of $163,409.
Why Live in Heritage Lake, IN?
Heritage Lake offers a strong local economy with a median household income of $81,495, well above the national average, and affordable housing with a median home value of $237,300, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a low poverty rate of 11.4%, better than the national average.
Heritage Lake has a population of 2,913 with a median age of 34 years. Compare Heritage Lake with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Heritage Lake
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Delphi | 2,913 | $43,548 | $120,400 | Compare |
| Grissom AFB | 2,882 | $52,829 | $84,700 | Compare |
| Bicknell | 2,879 | $51,099 | $59,700 | Compare |
| Loogootee | 2,846 | $46,625 | $133,900 | Compare |
| Albany | 2,984 | $56,356 | $103,600 | Compare |
| Santa Claus | 2,822 | $101,875 | $247,400 | Compare |
| Brownstown | 3,020 | $62,222 | $138,100 | Compare |
| New Palestine | 3,027 | $93,170 | $320,300 | 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.
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Frequently Asked Questions about Heritage Lake
What is the population of Heritage Lake, IN?
The population of Heritage Lake, IN is 2,913 according to the latest Census data.
What is the median household income in Heritage Lake?
The median household income in Heritage Lake, IN is $81,495 per year.
What is the median home value in Heritage Lake?
The median home value in Heritage Lake, IN is $237,300.
What is the average rent in Heritage Lake?
The median monthly rent in Heritage Lake, IN is $0.
What is the unemployment rate in Heritage Lake?
The unemployment rate in Heritage Lake, IN is 3.8%.