Lanesville, IN
Population 871 · Indiana
About Lanesville, IN
Lanesville is a small community located in Indiana with a population of 871 residents according to the latest US Census Bureau American Community Survey data. The median household income is $80,473 per year, which is 7% above the national median of $75,149. The median age of 39.6 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Lanesville features a median home value of $208,000, which is 15% below the national median of $244,900. This positions Lanesville in a moderately priced market relative to the rest of the country. Median monthly rent is $886, 24% below the national average of $1,163/month. Of the 418 total housing units, 71% are owner-occupied (253 units) and 29% are renter-occupied (101 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lanesville shows an unemployment rate of 0.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lanesville have an average one-way commute time of 26.8 minutes.
Education & Demographics
24.4% of Lanesville 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 3.0% White, 1.6% Hispanic or Latino, 0.0% Black or African American, and 0.9% Asian residents, with 1.3% of the population being foreign-born.
How Lanesville Ranks in Indiana
Cost of Living in Lanesville, IN
Compared to national averages, Lanesville has a median household income of $80,473 (7% above the national median of $75,149). Home values average $208,000, which is 15% below the national median. Monthly rent at $886 is 24% below the US average of $1,163. Within Indiana, Lanesville's income is 16% above the state average of $69,330, and home values are 27% above the state median of $163,409.
Why Live in Lanesville, IN?
Lanesville offers a strong local economy with a median household income of $80,473, well above the national average, and affordable housing with a median home value of $208,000, below the US average of $244,900, and rent that’s lower than the national average at $886/month. Additionally, the city features a strong job market with an unemployment rate of just 0.4%, and a low poverty rate of 2.5%, better than the national average.
Lanesville has a population of 871 with a median age of 39.6 years. Compare Lanesville with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Lanesville
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Swayzee | 872 | $66,250 | $118,800 | Compare |
| Tecumseh | 870 | $92,708 | $240,700 | Compare |
| La Fontaine | 873 | $50,875 | $83,800 | Compare |
| St. Mary of the Woods | 869 | $19,141 | $168,800 | Compare |
| Clayton | 874 | $83,500 | $214,900 | Compare |
| Enchanted Hills | 867 | $67,642 | $199,200 | Compare |
| New Harmony | 867 | $50,809 | $177,400 | Compare |
| Borden | 880 | $70,750 | $167,100 | 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 Lanesville With Other Cities
Frequently Asked Questions about Lanesville
What is the population of Lanesville, IN?
The population of Lanesville, IN is 871 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 Lanesville?
The median household income in Lanesville, IN is $80,473 per year, which is 7% above the national median of $75,149.
What is the median home value in Lanesville?
The median home value in Lanesville, IN is $208,000, which is 15% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lanesville?
The median monthly rent in Lanesville, IN is $886, which is 24% below the national average of $1,163/month.
What is the unemployment rate in Lanesville?
The unemployment rate in Lanesville, IN is 0.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Lanesville, IN a good place to live?
Lanesville offers above-average incomes, affordable housing, and a strong job market. With a population of 871 and a median age of 39.6, the city appeals to a broad range of residents.
How educated is Lanesville, IN?
24.4% of residents in Lanesville 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 Lanesville?
Key cost-of-living indicators for Lanesville, IN: median home value is $208,000 (15% below national), median rent is $886/month, and median household income is $80,473. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lanesville?
The poverty rate in Lanesville, IN is 2.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lanesville, IN?
Lanesville's population is 3.0% White, 1.6% Hispanic or Latino, 0.0% Black or African American, 0.9% Asian, and 1.4% two or more races. 1.3% of residents are foreign-born.