Lewisville, IN
Population 321 · Indiana
About Lewisville, IN
Lewisville is a small community located in Indiana with a population of 321 residents according to the latest US Census Bureau American Community Survey data. The median household income is $52,143 per year, which is 31% below the national median of $75,149. The median age of 44.1 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 Lewisville features a median home value of $101,600, which is 59% below the national median of $244,900. This makes Lewisville one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $871, 25% below the national average of $1,163/month. Of the 152 total housing units, 71% are owner-occupied (96 units) and 29% are renter-occupied (40 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lewisville shows an unemployment rate of 14.9%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 18.4%, above the national average of 12.4%. Workers in Lewisville have an average one-way commute time of 25.2 minutes.
Education & Demographics
14.7% of Lewisville 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 1.9% White, 1.9% Hispanic or Latino, 0.3% Black or African American, and 0.6% Asian residents, with 2.5% of the population being foreign-born.
Cost of Living in Lewisville, IN
Compared to national averages, Lewisville has a median household income of $52,143 (31% below the national median of $75,149). Home values average $101,600, which is 59% below the national median. Monthly rent at $871 is 25% below the US average of $1,163. Within Indiana, Lewisville's income is 25% below the state average of $69,330, and home values are 38% below the state median of $163,409.
Why Live in Lewisville, IN?
Lewisville offers affordable housing with a median home value of $101,600, below the US average of $244,900, and rent that’s lower than the national average at $871/month.
Potential considerations include median household income ($52,143) that falls below the national average. However, Lewisville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lewisville has a population of 321 with a median age of 44.1 years. Compare Lewisville with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Lewisville
Cities in Indiana with a similar population size.
Demographics
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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 Lewisville
What is the population of Lewisville, IN?
The population of Lewisville, IN is 321 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 Lewisville?
The median household income in Lewisville, IN is $52,143 per year, which is 31% below the national median of $75,149.
What is the median home value in Lewisville?
The median home value in Lewisville, IN is $101,600, which is 59% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lewisville?
The median monthly rent in Lewisville, IN is $871, which is 25% below the national average of $1,163/month.
What is the unemployment rate in Lewisville?
The unemployment rate in Lewisville, IN is 14.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lewisville, IN a good place to live?
Lewisville offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 321 and a median age of 44.1, the city appeals to a broad range of residents.
How educated is Lewisville, IN?
14.7% of residents in Lewisville 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 Lewisville?
Key cost-of-living indicators for Lewisville, IN: median home value is $101,600 (59% below national), median rent is $871/month, and median household income is $52,143. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lewisville?
The poverty rate in Lewisville, IN is 18.4%, 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 Lewisville, IN?
Lewisville's population is 1.9% White, 1.9% Hispanic or Latino, 0.3% Black or African American, 0.6% Asian, and 0.0% two or more races. 2.5% of residents are foreign-born.