Laotto, IN
Population 245 · Indiana
About Laotto, IN
Laotto is a small community located in Indiana with a population of 245 residents according to the latest US Census Bureau American Community Survey data. The median household income is $118,500 per year, which is 58% above the national median of $75,149. The median age of 46.1 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 Laotto features a median home value of $0, which is 100% below the national median of $244,900. This makes Laotto 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 108 total housing units, 84% are owner-occupied (91 units) and 16% are renter-occupied (17 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Laotto 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 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Laotto have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
0.0% of Laotto 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.
How Laotto Ranks in Indiana
Cost of Living in Laotto, IN
Compared to national averages, Laotto has a median household income of $118,500 (58% above 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, Laotto's income is 71% above the state average of $69,330, and home values are 100% below the state median of $163,409.
Why Live in Laotto, IN?
Laotto offers a strong local economy with a median household income of $118,500, well above the national average, and 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. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 0 minutes.
Laotto has a population of 245 with a median age of 46.1 years. Compare Laotto with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Laotto
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Schaefer Lake | 245 | $177,632 | $265,800 | Compare |
| Cedar Grove | 244 | $60,625 | $160,900 | Compare |
| Kingsbury | 244 | $71,250 | $182,400 | Compare |
| Dune Acres | 247 | $176,875 | $684,500 | Compare |
| Glezen | 243 | $115,278 | $136,400 | Compare |
| Napoleon | 247 | $58,750 | $156,300 | Compare |
| South Milford | 243 | $114,968 | $183,100 | Compare |
| Cree Lake | 241 | $0 | $232,700 | 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 Laotto With Other Cities
Frequently Asked Questions about Laotto
What is the population of Laotto, IN?
The population of Laotto, IN is 245 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 Laotto?
The median household income in Laotto, IN is $118,500 per year, which is 58% above the national median of $75,149.
What is the median home value in Laotto?
The median home value in Laotto, 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 Laotto?
The median monthly rent in Laotto, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Laotto?
The unemployment rate in Laotto, 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 Laotto, IN a good place to live?
Laotto offers above-average incomes, affordable housing, and a strong job market. With a population of 245 and a median age of 46.1, the city appeals to established professionals and retirees.
How educated is Laotto, IN?
0.0% of residents in Laotto 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 Laotto?
Key cost-of-living indicators for Laotto, IN: median home value is $0 (100% below national), median rent is $0/month, and median household income is $118,500. The home-value-to-income ratio is 0.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Laotto?
The poverty rate in Laotto, IN is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Laotto, IN?
Laotto'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.