Laconia, IN
Population 48 · Indiana
About Laconia, IN
Laconia is a small community located in Indiana with a population of 48 residents according to the latest US Census Bureau American Community Survey data. The median household income is $51,667 per year, which is 31% below the national median of $75,149. The median age of 40.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Laconia features a median home value of $71,700, which is 71% below the national median of $244,900. This makes Laconia one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 25 total housing units, 83% are owner-occupied (15 units) and 17% are renter-occupied (3 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Laconia 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 21.7%, above the national average of 12.4%. Workers in Laconia have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
11.1% of Laconia 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 10.4% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 10.4% of the population being foreign-born.
How Laconia Ranks in Indiana
Cost of Living in Laconia, IN
Compared to national averages, Laconia has a median household income of $51,667 (31% below the national median of $75,149). Home values average $71,700, which is 71% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Laconia's income is 25% below the state average of $69,330, and home values are 56% below the state median of $163,409.
Why Live in Laconia, IN?
Laconia offers affordable housing with a median home value of $71,700, below the US average of $244,900, 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 short commute times averaging just 0 minutes.
Potential considerations include median household income ($51,667) that falls below the national average. However, Laconia’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Laconia has a population of 48 with a median age of 40.5 years. Compare Laconia with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Laconia
Cities in Indiana with a similar population size.
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 Laconia With Other Cities
Frequently Asked Questions about Laconia
What is the population of Laconia, IN?
The population of Laconia, IN is 48 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 Laconia?
The median household income in Laconia, IN is $51,667 per year, which is 31% below the national median of $75,149.
What is the median home value in Laconia?
The median home value in Laconia, IN is $71,700, which is 71% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Laconia?
The median monthly rent in Laconia, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Laconia?
The unemployment rate in Laconia, 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 Laconia, IN a good place to live?
Laconia offers a moderate cost of living, affordable housing, and a strong job market. With a population of 48 and a median age of 40.5, the city appeals to a broad range of residents.
How educated is Laconia, IN?
11.1% of residents in Laconia 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 Laconia?
Key cost-of-living indicators for Laconia, IN: median home value is $71,700 (71% below national), median rent is $0/month, and median household income is $51,667. The home-value-to-income ratio is 1.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Laconia?
The poverty rate in Laconia, IN is 21.7%, 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 Laconia, IN?
Laconia's population is 10.4% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 10.4% of residents are foreign-born.