Lagro, IN
Population 305 · Indiana
About Lagro, IN
Lagro is a small community located in Indiana with a population of 305 residents according to the latest US Census Bureau American Community Survey data. The median household income is $60,000 per year, which is 20% below the national median of $75,149. The median age of 35.2 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Lagro features a median home value of $78,000, which is 68% below the national median of $244,900. This makes Lagro one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $942, 19% below the national average of $1,163/month. Of the 138 total housing units, 81% are owner-occupied (84 units) and 19% are renter-occupied (20 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lagro shows an unemployment rate of 8.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 14.4%, above the national average of 12.4%. Workers in Lagro have an average one-way commute time of 23.3 minutes.
Education & Demographics
5.4% of Lagro 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 0.0% White, 2.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Lagro, IN
Compared to national averages, Lagro has a median household income of $60,000 (20% below the national median of $75,149). Home values average $78,000, which is 68% below the national median. Monthly rent at $942 is 19% below the US average of $1,163. Within Indiana, Lagro's income is 13% below the state average of $69,330, and home values are 52% below the state median of $163,409.
Why Live in Lagro, IN?
Lagro offers affordable housing with a median home value of $78,000, below the US average of $244,900, and rent that’s lower than the national average at $942/month, and short commute times averaging just 23.3 minutes.
Potential considerations include median household income ($60,000) that falls below the national average. However, Lagro’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lagro has a population of 305 with a median age of 35.2 years. Compare Lagro with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Lagro
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 Lagro With Other Cities
Frequently Asked Questions about Lagro
What is the population of Lagro, IN?
The population of Lagro, IN is 305 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 Lagro?
The median household income in Lagro, IN is $60,000 per year, which is 20% below the national median of $75,149.
What is the median home value in Lagro?
The median home value in Lagro, IN is $78,000, which is 68% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lagro?
The median monthly rent in Lagro, IN is $942, which is 19% below the national average of $1,163/month.
What is the unemployment rate in Lagro?
The unemployment rate in Lagro, IN is 8.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lagro, IN a good place to live?
Lagro offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 305 and a median age of 35.2, the city appeals to a broad range of residents.
How educated is Lagro, IN?
5.4% of residents in Lagro 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 Lagro?
Key cost-of-living indicators for Lagro, IN: median home value is $78,000 (68% below national), median rent is $942/month, and median household income is $60,000. The home-value-to-income ratio is 1.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lagro?
The poverty rate in Lagro, IN is 14.4%, 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 Lagro, IN?
Lagro's population is 0.0% White, 2.0% 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.