Lyford, IN
Population 557 · Indiana
About Lyford, IN
Lyford is a small community located in Indiana with a population of 557 residents according to the latest US Census Bureau American Community Survey data. The median household income is $49,883 per year, which is 34% below the national median of $75,149. The median age of 41.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Lyford features a median home value of $105,100, which is 57% below the national median of $244,900. This makes Lyford 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 194 total housing units, 63% are owner-occupied (97 units) and 37% are renter-occupied (58 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Lyford shows an unemployment rate of 12.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 20.5%, above the national average of 12.4%. Workers in Lyford have an average one-way commute time of 38.8 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
3.0% of Lyford 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, 0.9% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 4.7% of the population being foreign-born.
Cost of Living in Lyford, IN
Compared to national averages, Lyford has a median household income of $49,883 (34% below the national median of $75,149). Home values average $105,100, which is 57% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Lyford's income is 28% below the state average of $69,330, and home values are 36% below the state median of $163,409.
Why Live in Lyford, IN?
Lyford offers affordable housing with a median home value of $105,100, below the US average of $244,900, and rent that’s lower than the national average at $0/month.
Potential considerations include median household income ($49,883) that falls below the national average. However, Lyford’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lyford has a population of 557 with a median age of 41.2 years. Compare Lyford with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Lyford
Cities in Indiana with a similar population size.
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 Lyford
What is the population of Lyford, IN?
The population of Lyford, IN is 557 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 Lyford?
The median household income in Lyford, IN is $49,883 per year, which is 34% below the national median of $75,149.
What is the median home value in Lyford?
The median home value in Lyford, IN is $105,100, which is 57% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lyford?
The median monthly rent in Lyford, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Lyford?
The unemployment rate in Lyford, IN is 12.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lyford, IN a good place to live?
Lyford offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 557 and a median age of 41.2, the city appeals to a broad range of residents.
How educated is Lyford, IN?
3.0% of residents in Lyford 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 Lyford?
Key cost-of-living indicators for Lyford, IN: median home value is $105,100 (57% below national), median rent is $0/month, and median household income is $49,883. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lyford?
The poverty rate in Lyford, IN is 20.5%, 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 Lyford, IN?
Lyford's population is 0.0% White, 0.9% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 4.7% of residents are foreign-born.