Lamb, IN
Population 193 · Indiana
About Lamb, IN
Lamb is a small community located in Indiana with a population of 193 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 61.2 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 Lamb features a median home value of $0, which is 100% below the national median of $244,900. This makes Lamb 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 100 total housing units, 100% are owner-occupied (100 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lamb 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 41.5%, above the national average of 12.4%. Workers in Lamb have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
7.3% of Lamb 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, 0.0% 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 Lamb, IN
Compared to national averages, Lamb has a median household income of $0 (100% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Lamb's income is 100% below the state average of $69,330, and home values are 100% below the state median of $163,409.
Why Live in Lamb, IN?
Lamb offers affordable housing with a median home value of $0, 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 ($0) that falls below the national average. However, Lamb’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lamb has a population of 193 with a median age of 61.2 years. Compare Lamb with other cities to see how it stacks up, or explore all cities in Indiana.
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Demographics
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Economy & Education
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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 Lamb
What is the population of Lamb, IN?
The population of Lamb, IN is 193 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 Lamb?
The median household income in Lamb, IN is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Lamb?
The median home value in Lamb, IN is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lamb?
The median monthly rent in Lamb, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Lamb?
The unemployment rate in Lamb, 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 Lamb, IN a good place to live?
Lamb offers a moderate cost of living, affordable housing, and a strong job market. With a population of 193 and a median age of 61.2, the city appeals to established professionals and retirees.
How educated is Lamb, IN?
7.3% of residents in Lamb 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 Lamb?
Key cost-of-living indicators for Lamb, IN: median home value is $0 (100% below national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is NaNx, a moderate figure by national standards.
What is the poverty rate in Lamb?
The poverty rate in Lamb, IN is 41.5%, 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 Lamb, IN?
Lamb's population is 0.0% White, 0.0% 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.