Michiana Shores, IN
Population 433 · Indiana
About Michiana Shores, IN
Michiana Shores is a small community located in Indiana with a population of 433 residents according to the latest US Census Bureau American Community Survey data. The median household income is $92,500 per year, which is 23% above the national median of $75,149. The median age of 60.7 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 Michiana Shores features a median home value of $448,300, which is 83% above the national median of $244,900. This places Michiana Shores in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,250, 7% above the national average of $1,163/month. Of the 366 total housing units, 94% are owner-occupied (196 units) and 6% are renter-occupied (12 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Michiana Shores shows an unemployment rate of 1.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 13.2%, above the national average of 12.4%. Workers in Michiana Shores have an average one-way commute time of 37.1 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
55.8% of Michiana Shores residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.5% White, 0.2% Hispanic or Latino, 0.0% Black or African American, and 0.7% Asian residents, with 5.3% of the population being foreign-born.
How Michiana Shores Ranks in Indiana
Cost of Living in Michiana Shores, IN
Compared to national averages, Michiana Shores has a median household income of $92,500 (23% above the national median of $75,149). Home values average $448,300, which is 83% above the national median. Monthly rent at $1,250 is 7% above the US average of $1,163. Within Indiana, Michiana Shores's income is 33% above the state average of $69,330, and home values are 174% above the state median of $163,409.
Why Live in Michiana Shores, IN?
Michiana Shores offers a strong local economy with a median household income of $92,500, well above the national average, and a strong job market with an unemployment rate of just 1.4%, and a well-educated community where 55.8% of residents hold a bachelor’s degree or higher.
Potential considerations include a competitive housing market where the typical home costs $448,300. However, Michiana Shores’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Michiana Shores has a population of 433 with a median age of 60.7 years. Compare Michiana Shores with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Michiana Shores
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| New Washington | 432 | $84,141 | $193,000 | Compare |
| Waveland | 431 | $60,956 | $96,800 | Compare |
| Big Lake | 430 | $120,625 | $216,200 | Compare |
| Center | 436 | $83,569 | $239,500 | Compare |
| Otwell | 430 | $47,422 | $126,200 | Compare |
| Delaware | 438 | $73,663 | $162,300 | Compare |
| Chain-O-Lakes | 427 | $71,010 | $255,300 | Compare |
| Wilkinson | 427 | $63,500 | $132,500 | 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.
Compare Michiana Shores With Other Cities
Frequently Asked Questions about Michiana Shores
What is the population of Michiana Shores, IN?
The population of Michiana Shores, IN is 433 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 Michiana Shores?
The median household income in Michiana Shores, IN is $92,500 per year, which is 23% above the national median of $75,149.
What is the median home value in Michiana Shores?
The median home value in Michiana Shores, IN is $448,300, which is 83% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Michiana Shores?
The median monthly rent in Michiana Shores, IN is $1,250, which is 7% above the national average of $1,163/month.
What is the unemployment rate in Michiana Shores?
The unemployment rate in Michiana Shores, IN is 1.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Michiana Shores, IN a good place to live?
Michiana Shores offers above-average incomes, a competitive housing market, and a strong job market. With a population of 433 and a median age of 60.7, the city appeals to established professionals and retirees.
How educated is Michiana Shores, IN?
55.8% of residents in Michiana Shores aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Michiana Shores?
Key cost-of-living indicators for Michiana Shores, IN: median home value is $448,300 (83% above national), median rent is $1,250/month, and median household income is $92,500. The home-value-to-income ratio is 4.8x, a moderate figure by national standards.
What is the poverty rate in Michiana Shores?
The poverty rate in Michiana Shores, IN is 13.2%, 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 Michiana Shores, IN?
Michiana Shores's population is 0.5% White, 0.2% Hispanic or Latino, 0.0% Black or African American, 0.7% Asian, and 0.5% two or more races. 5.3% of residents are foreign-born.