Lake Eliza, IN
Population 725 · Indiana
About Lake Eliza, IN
Lake Eliza is a small community in Indiana with a population of 725 residents. The median household income is $85,286 per year, which is above the national average. The median age in Lake Eliza is 33.4 years.
Housing in Lake Eliza has a median home value of $168,000 and median monthly rent of $0. Of the 281 total housing units, the majority are owner-occupied, with 270 owner-occupied and 11 renter-occupied units.
The unemployment rate in Lake Eliza is 0.0% and the poverty rate is 9.2%. 4.3% of residents hold a bachelor's degree or higher. The average commute time is 49.2 minutes.
Cost of Living in Lake Eliza, IN
Compared to national averages, Lake Eliza has a median household income of $85,286 (13% above the national median of $75,149). Home values average $168,000, which is 31% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Lake Eliza's income is 23% above the state average of $69,330, and home values are 3% above the state median of $163,409.
Why Live in Lake Eliza, IN?
Lake Eliza offers a strong local economy with a median household income of $85,286, well above the national average, and affordable housing with a median home value of $168,000, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 9.2%, better than the national average.
Lake Eliza has a population of 725 with a median age of 33.4 years. Compare Lake Eliza with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Lake Eliza
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Oaktown | 724 | $30,417 | $67,700 | Compare |
| Waldron | 729 | $88,333 | $114,700 | Compare |
| Browns Crossing | 731 | $155,467 | $0 | Compare |
| Dugger | 731 | $58,585 | $79,400 | Compare |
| Fountain City | 718 | $46,106 | $96,900 | Compare |
| Walton | 734 | $46,176 | $89,200 | Compare |
| Gaston | 709 | $49,417 | $87,300 | Compare |
| Pleasant View Village | 741 | $94,395 | $192,100 | 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.
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Frequently Asked Questions about Lake Eliza
What is the population of Lake Eliza, IN?
The population of Lake Eliza, IN is 725 according to the latest Census data.
What is the median household income in Lake Eliza?
The median household income in Lake Eliza, IN is $85,286 per year.
What is the median home value in Lake Eliza?
The median home value in Lake Eliza, IN is $168,000.
What is the average rent in Lake Eliza?
The median monthly rent in Lake Eliza, IN is $0.
What is the unemployment rate in Lake Eliza?
The unemployment rate in Lake Eliza, IN is 0.0%.