Lake Bruce, IN
Population 196 · Indiana
About Lake Bruce, IN
Lake Bruce is a small community in Indiana with a population of 196 residents. The median household income is $29,643 per year, which is below the national average. The median age in Lake Bruce is 58.1 years.
Housing in Lake Bruce has a median home value of $179,600 and median monthly rent of $0. Of the 245 total housing units, the majority are owner-occupied, with 105 owner-occupied and 13 renter-occupied units.
The unemployment rate in Lake Bruce is 54.6% and the poverty rate is 25.5%. 8.0% of residents hold a bachelor's degree or higher. The average commute time is 0 minutes.
Cost of Living in Lake Bruce, IN
Compared to national averages, Lake Bruce has a median household income of $29,643 (61% below the national median of $75,149). Home values average $179,600, which is 27% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Lake Bruce's income is 57% below the state average of $69,330, and home values are 10% above the state median of $163,409.
Why Live in Lake Bruce, IN?
Lake Bruce offers affordable housing with a median home value of $179,600, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($29,643) that falls below the national average. However, Lake Bruce’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake Bruce has a population of 196 with a median age of 58.1 years. Compare Lake Bruce with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Lake Bruce
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Dunreith | 196 | $59,375 | $99,000 | Compare |
| Hillsdale | 195 | $64,091 | $137,100 | Compare |
| Leiters Ford | 194 | $0 | $283,300 | Compare |
| Mellott | 198 | $84,792 | $152,800 | Compare |
| West Middleton | 194 | $0 | $218,600 | Compare |
| Craigville | 199 | $130,500 | $346,400 | Compare |
| Harrison Lake | 193 | $0 | $788,200 | Compare |
| Lamb | 193 | $0 | $0 | 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 Lake Bruce
What is the population of Lake Bruce, IN?
The population of Lake Bruce, IN is 196 according to the latest Census data.
What is the median household income in Lake Bruce?
The median household income in Lake Bruce, IN is $29,643 per year.
What is the median home value in Lake Bruce?
The median home value in Lake Bruce, IN is $179,600.
What is the average rent in Lake Bruce?
The median monthly rent in Lake Bruce, IN is $0.
What is the unemployment rate in Lake Bruce?
The unemployment rate in Lake Bruce, IN is 54.6%.