Simonton Lake, IN
Population 4,113 · Indiana
About Simonton Lake, IN
Simonton Lake is a small town located in Indiana with a population of 4,113 residents according to the latest US Census Bureau American Community Survey data. The median household income is $74,233 per year, which is 1% below the national median of $75,149. The median age of 49.5 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 Simonton Lake features a median home value of $230,600, which is 6% below the national median of $244,900. This positions Simonton Lake in a moderately priced market relative to the rest of the country. Median monthly rent is $1,101, 5% below the national average of $1,163/month. Of the 1,891 total housing units, 79% are owner-occupied (1,354 units) and 21% are renter-occupied (355 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Simonton Lake shows an unemployment rate of 2.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 10.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Simonton Lake have an average one-way commute time of 20.9 minutes.
Education & Demographics
24.3% of Simonton Lake residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 9.0% White, 1.4% Hispanic or Latino, 0.0% Black or African American, and 0.4% Asian residents, with 2.1% of the population being foreign-born.
Cost of Living in Simonton Lake, IN
Compared to national averages, Simonton Lake has a median household income of $74,233 (1% below the national median of $75,149). Home values average $230,600, which is 6% below the national median. Monthly rent at $1,101 is 5% below the US average of $1,163. Within Indiana, Simonton Lake's income is 7% above the state average of $69,330, and home values are 41% above the state median of $163,409.
Why Live in Simonton Lake, IN?
Simonton Lake offers affordable housing with a median home value of $230,600, below the US average of $244,900, and rent that’s lower than the national average at $1,101/month, and a strong job market with an unemployment rate of just 2.6%. Additionally, the city features a low poverty rate of 10.6%, better than the national average, and short commute times averaging just 20.9 minutes.
Potential considerations include median household income ($74,233) that falls below the national average. However, Simonton Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Simonton Lake has a population of 4,113 with a median age of 49.5 years. Compare Simonton Lake with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Simonton Lake
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Greendale | 4,176 | $78,912 | $184,300 | Compare |
| Edinburgh | 4,191 | $56,406 | $145,400 | Compare |
| DeMotte | 4,219 | $67,244 | $205,200 | Compare |
| Pittsboro | 3,988 | $125,133 | $289,700 | Compare |
| Sullivan | 4,250 | $44,313 | $97,000 | Compare |
| Ligonier | 4,263 | $56,286 | $101,100 | Compare |
| Mitchell | 3,941 | $45,580 | $101,900 | Compare |
| Chandler | 3,935 | $63,681 | $128,200 | 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 Simonton Lake With Other Cities
Frequently Asked Questions about Simonton Lake
What is the population of Simonton Lake, IN?
The population of Simonton Lake, IN is 4,113 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Indiana.
What is the median household income in Simonton Lake?
The median household income in Simonton Lake, IN is $74,233 per year, which is 1% below the national median of $75,149.
What is the median home value in Simonton Lake?
The median home value in Simonton Lake, IN is $230,600, which is 6% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Simonton Lake?
The median monthly rent in Simonton Lake, IN is $1,101, which is 5% below the national average of $1,163/month.
What is the unemployment rate in Simonton Lake?
The unemployment rate in Simonton Lake, IN is 2.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Simonton Lake, IN a good place to live?
Simonton Lake offers a moderate cost of living, affordable housing, and a strong job market. With a population of 4,113 and a median age of 49.5, the city appeals to established professionals and retirees.
How educated is Simonton Lake, IN?
24.3% of residents in Simonton Lake 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 Simonton Lake?
Key cost-of-living indicators for Simonton Lake, IN: median home value is $230,600 (6% below national), median rent is $1,101/month, and median household income is $74,233. The home-value-to-income ratio is 3.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Simonton Lake?
The poverty rate in Simonton Lake, IN is 10.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Simonton Lake, IN?
Simonton Lake's population is 9.0% White, 1.4% Hispanic or Latino, 0.0% Black or African American, 0.4% Asian, and 5.3% two or more races. 2.1% of residents are foreign-born.