La Paz, IN
Population 498 · Indiana
About La Paz, IN
La Paz is a small community in Indiana with a population of 498 residents. The median household income is $75,750 per year, which is above the national average. The median age in La Paz is 44.8 years.
Housing in La Paz has a median home value of $121,900 and median monthly rent of $634. Of the 262 total housing units, the majority are owner-occupied, with 197 owner-occupied and 22 renter-occupied units.
The unemployment rate in La Paz is 3.6% and the poverty rate is 18.0%. 7.0% of residents hold a bachelor's degree or higher. The average commute time is 27.1 minutes.
How La Paz Ranks in Indiana
Cost of Living in La Paz, IN
Compared to national averages, La Paz has a median household income of $75,750 (1% above the national median of $75,149). Home values average $121,900, which is 50% below the national median. Monthly rent at $634 is 45% below the US average of $1,163. Within Indiana, La Paz's income is 9% above the state average of $69,330, and home values are 25% below the state median of $163,409.
Why Live in La Paz, IN?
La Paz offers a strong local economy with a median household income of $75,750, well above the national average, and affordable housing with a median home value of $121,900, below the US average of $244,900, and rent that’s lower than the national average at $634/month. Additionally, the city features a strong job market with an unemployment rate of just 3.6%.
La Paz has a population of 498 with a median age of 44.8 years. Compare La Paz with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near La Paz
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Snow Lake | 497 | $78,333 | $425,000 | Compare |
| Reo | 502 | $98,586 | $172,100 | Compare |
| Spring Grove | 492 | $55,804 | $133,300 | Compare |
| Arlington | 491 | $49,241 | $137,800 | Compare |
| Hanna | 490 | $37,625 | $168,000 | Compare |
| San Pierre | 489 | $62,750 | $190,800 | Compare |
| Elnora | 487 | $48,750 | $90,500 | Compare |
| Greens Fork | 509 | $70,962 | $93,200 | 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 La Paz
What is the population of La Paz, IN?
The population of La Paz, IN is 498 according to the latest Census data.
What is the median household income in La Paz?
The median household income in La Paz, IN is $75,750 per year.
What is the median home value in La Paz?
The median home value in La Paz, IN is $121,900.
What is the average rent in La Paz?
The median monthly rent in La Paz, IN is $634.
What is the unemployment rate in La Paz?
The unemployment rate in La Paz, IN is 3.6%.