Lake Dalecarlia, IN
Population 1,421 · Indiana
About Lake Dalecarlia, IN
Lake Dalecarlia is a small town located in Indiana with a population of 1,421 residents according to the latest US Census Bureau American Community Survey data. The median household income is $115,588 per year, which is 54% above the national median of $75,149. The median age of 45.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Lake Dalecarlia features a median home value of $313,200, which is 28% above the national median of $244,900. This positions Lake Dalecarlia in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 584 total housing units, 95% are owner-occupied (484 units) and 5% are renter-occupied (24 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lake Dalecarlia shows an unemployment rate of 3.7%, which is near the national rate of 3.7%. The poverty rate stands at 4.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lake Dalecarlia have an average one-way commute time of 44.7 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
31.1% of Lake Dalecarlia residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 15.3% White, 0.4% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 8.0% of the population being foreign-born.
Cost of Living in Lake Dalecarlia, IN
Compared to national averages, Lake Dalecarlia has a median household income of $115,588 (54% above the national median of $75,149). Home values average $313,200, which is 28% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Lake Dalecarlia's income is 67% above the state average of $69,330, and home values are 92% above the state median of $163,409.
Why Live in Lake Dalecarlia, IN?
Lake Dalecarlia offers a strong local economy with a median household income of $115,588, well above the national average, and rent that’s lower than the national average at $0/month, and a low poverty rate of 4.3%, better than the national average.
Lake Dalecarlia has a population of 1,421 with a median age of 45.5 years. Compare Lake Dalecarlia with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Lake Dalecarlia
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Nashville | 1,420 | $48,750 | $246,700 | Compare |
| Fairview Park | 1,426 | $58,929 | $109,300 | Compare |
| Darmstadt | 1,428 | $96,458 | $293,200 | Compare |
| Otterbein | 1,414 | $63,676 | $137,400 | Compare |
| South Whitley | 1,412 | $59,191 | $130,300 | Compare |
| Warren Park | 1,411 | $39,865 | $194,400 | Compare |
| Trafalgar | 1,433 | $83,214 | $216,400 | Compare |
| Montpelier | 1,444 | $42,833 | $77,100 | 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.
Compare Lake Dalecarlia With Other Cities
Frequently Asked Questions about Lake Dalecarlia
What is the population of Lake Dalecarlia, IN?
The population of Lake Dalecarlia, IN is 1,421 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Indiana.
What is the median household income in Lake Dalecarlia?
The median household income in Lake Dalecarlia, IN is $115,588 per year, which is 54% above the national median of $75,149.
What is the median home value in Lake Dalecarlia?
The median home value in Lake Dalecarlia, IN is $313,200, which is 28% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lake Dalecarlia?
The median monthly rent in Lake Dalecarlia, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Lake Dalecarlia?
The unemployment rate in Lake Dalecarlia, IN is 3.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lake Dalecarlia, IN a good place to live?
Lake Dalecarlia offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 1,421 and a median age of 45.5, the city appeals to established professionals and retirees.
How educated is Lake Dalecarlia, IN?
31.1% of residents in Lake Dalecarlia 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 Lake Dalecarlia?
Key cost-of-living indicators for Lake Dalecarlia, IN: median home value is $313,200 (28% above national), median rent is $0/month, and median household income is $115,588. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lake Dalecarlia?
The poverty rate in Lake Dalecarlia, IN is 4.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lake Dalecarlia, IN?
Lake Dalecarlia's population is 15.3% White, 0.4% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 8.0% of residents are foreign-born.