Median Income
$84,444
household / year
Median Home Value
$231,300
owner-occupied
Median Rent
$1,182
gross / month
Cost of Living
103
national avg = 100

Is Cedar Lake, IN a Good Place to Live?

Cedar Lake is a small city of 14,215 in Indiana, with a median household income of $84,444 and a 5.7% unemployment rate. Its cost of living index is 103 (US average = 100), which is 3% above the national average.

Strengths: Cedar Lake stands out for below-average home prices, lower-than-average crime, solid school ratings (B-).

Trade-offs: Potential downsides include longer commutes, an elevated unemployment rate. Whether Cedar Lake is right for you depends on your priorities — the full breakdown is below.

All Cedar Lake city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 102.6

Cedar Lake's overall cost of living index is 102.6, where 100 represents the US national average. Living in Cedar Lake costs roughly 3% more than the average American city.

Metric Cedar Lake, IN National Avg
Median Home Value $231,300 $244,900
Median Monthly Rent $1,182 $1,163
Homeownership Rate 79.8% 65.9%
Median Household Income $84,444 $74,755

Crime & Safety

Very Safe

Cedar Lake's violent crime rate is 65.7 per 100,000 residents — 83% lower than the national average of ~380 per 100,000.

Violent Crime
65.7 /100k
Property Crime
262.7 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Cedar Lake is served primarily by Hanover Community School Corp. The student-to-teacher ratio is 17.4:1 (slightly above the national average of ~16:1).

Metric Cedar Lake, IN National Avg
School District Hanover Community School Corp —
Elementary Schools 3 —
Middle Schools 1 —
High Schools 1 —
Student/Teacher Ratio 17.4:1 16:1
Bachelor's Degree or Higher 22.7% 35.4%
High School Diploma or Higher 94.3% 91.1%

Weather & Climate

Cedar Lake sees average highs of 31.5°F in January and 83.5°F in July, with 41.3 inches of annual precipitation and 26.6 inches of snow per year.

MetricCedar Lake, IN
Average High — January31.5°F
Average High — July83.5°F
Annual Precipitation41.3"
Annual Snowfall26.6"

Demographics

MetricCedar Lake, INNational Avg
Population14,215—
Median Age39.538.9
Unemployment Rate5.7%3.7%
Avg Commute Time35.2 min26 min
White (non-Hispanic)95.4%59.3%
Black or African American0.1%13.6%
Hispanic or Latino2.1%18.9%
Asian0.5%6.3%
Under 1823.5%22.2%
65 and over16.0%16.8%

Nearby Cities

ZIP Codes in Cedar Lake

Cedar Lake, IN is covered by 1 ZIP code:

Cedar Lake vs Other Cities

Frequently Asked Questions

Cedar Lake's cost of living index is 103, where 100 is the national average. That puts Cedar Lake roughly 3% above the national average in cost. The median home price is $231,300 and median rent is $1,182/month.
Cedar Lake's violent crime rate is 65.7 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 262.7 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Cedar Lake are operated by Hanover Community School Corp. The district has 3 elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 17.4:1. 22.7% of adults 25+ hold a bachelor's degree or higher.
Cedar Lake, IN has a population of 14,215, a median household income of $84,444, and an unemployment rate of 5.7%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Cedar Lake averages 31.5°F in January and 83.5°F in July. Annual rainfall is 41.3 inches with about 26.6 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Cedar Lake, IN is covered by 1 ZIP code: 46303.
The population of Cedar Lake, Indiana is 14,215 with a median age of 39.5. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Cedar Lake: cost of living index 103 (100 = US average), median home $231,300, median household income $84,444, crime index 15 (100 = US average, lower is safer), schools rated B-. Whether these are benefits or drawbacks depends on where you're coming from — compare Cedar Lake side by side with your current city to see the trade-offs.