Lawrence, IN
Population 49,284 · Indiana
About Lawrence, IN
Lawrence is a mid-sized city in Indiana with a population of 49,284 residents. The median household income is $73,455 per year, which is above the national average. The median age in Lawrence is 34.4 years.
Housing in Lawrence has a median home value of $220,400 and median monthly rent of $1,084. Of the 20,612 total housing units, the majority are owner-occupied, with 12,931 owner-occupied and 6,622 renter-occupied units.
The unemployment rate in Lawrence is 4.2% and the poverty rate is 8.4%. 35.4% of residents hold a bachelor's degree or higher. The average commute time is 25 minutes.
How Lawrence Ranks in Indiana
Cost of Living in Lawrence, IN
Compared to national averages, Lawrence has a median household income of $73,455 (2% below the national median of $75,149). Home values average $220,400, which is 10% below the national median. Monthly rent at $1,084 is 7% below the US average of $1,163. Within Indiana, Lawrence's income is 6% above the state average of $69,330, and home values are 35% above the state median of $163,409.
Why Live in Lawrence, IN?
Lawrence offers affordable housing with a median home value of $220,400, below the US average of $244,900, and rent that’s lower than the national average at $1,084/month, and a well-educated community where 35.4% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 8.4%, better than the national average.
Potential considerations include median household income ($73,455) that falls below the national average. However, Lawrence’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lawrence has a population of 49,284 with a median age of 34.4 years. Compare Lawrence with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Lawrence
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Jeffersonville | 50,176 | $70,157 | $208,500 | Compare |
| Mishawaka | 50,907 | $53,120 | $140,600 | Compare |
| Columbus | 51,104 | $76,856 | $231,000 | Compare |
| Westfield | 51,109 | $119,598 | $391,900 | Compare |
| Elkhart | 53,726 | $47,885 | $126,900 | Compare |
| West Lafayette | 44,802 | $33,497 | $318,100 | Compare |
| Anderson | 54,930 | $47,221 | $104,300 | Compare |
| Terre Haute | 58,491 | $41,960 | $109,500 | 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 Lawrence
What is the population of Lawrence, IN?
The population of Lawrence, IN is 49,284 according to the latest Census data.
What is the median household income in Lawrence?
The median household income in Lawrence, IN is $73,455 per year.
What is the median home value in Lawrence?
The median home value in Lawrence, IN is $220,400.
What is the average rent in Lawrence?
The median monthly rent in Lawrence, IN is $1,084.
What is the unemployment rate in Lawrence?
The unemployment rate in Lawrence, IN is 4.2%.