Shamrock Lakes, IN
Population 237 · Indiana
About Shamrock Lakes, IN
Shamrock Lakes is a small community located in Indiana with a population of 237 residents according to the latest US Census Bureau American Community Survey data. The median household income is $86,964 per year, which is 16% above the national median of $75,149. The median age of 49.3 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 Shamrock Lakes features a median home value of $157,400, which is 36% below the national median of $244,900. This positions Shamrock Lakes in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 97 total housing units, 94% are owner-occupied (91 units) and 6% are renter-occupied (6 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Shamrock Lakes shows an unemployment rate of 12.3%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 3.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Shamrock Lakes have an average one-way commute time of 29.9 minutes.
Education & Demographics
20.0% of Shamrock Lakes 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, 0.4% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Shamrock Lakes, IN
Compared to national averages, Shamrock Lakes has a median household income of $86,964 (16% above the national median of $75,149). Home values average $157,400, which is 36% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Shamrock Lakes's income is 25% above the state average of $69,330, and home values are 4% below the state median of $163,409.
Why Live in Shamrock Lakes, IN?
Shamrock Lakes offers a strong local economy with a median household income of $86,964, well above the national average, and affordable housing with a median home value of $157,400, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a low poverty rate of 3.0%, better than the national average.
Shamrock Lakes has a population of 237 with a median age of 49.3 years. Compare Shamrock Lakes with other cities to see how it stacks up, or explore all cities in Indiana.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Shamrock Lakes
What is the population of Shamrock Lakes, IN?
The population of Shamrock Lakes, IN is 237 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 Shamrock Lakes?
The median household income in Shamrock Lakes, IN is $86,964 per year, which is 16% above the national median of $75,149.
What is the median home value in Shamrock Lakes?
The median home value in Shamrock Lakes, IN is $157,400, which is 36% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Shamrock Lakes?
The median monthly rent in Shamrock Lakes, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Shamrock Lakes?
The unemployment rate in Shamrock Lakes, IN is 12.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Shamrock Lakes, IN a good place to live?
Shamrock Lakes offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 237 and a median age of 49.3, the city appeals to established professionals and retirees.
How educated is Shamrock Lakes, IN?
20.0% of residents in Shamrock Lakes 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 Shamrock Lakes?
Key cost-of-living indicators for Shamrock Lakes, IN: median home value is $157,400 (36% below national), median rent is $0/month, and median household income is $86,964. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Shamrock Lakes?
The poverty rate in Shamrock Lakes, IN is 3.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Shamrock Lakes, IN?
Shamrock Lakes's population is 0.0% White, 0.4% 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.