Median Income
$82,560
household / year
Median Home Value
$160,200
owner-occupied
Median Rent
N/A
gross / month
Cost of Living
103
national avg = 100

Is Lake Eliza, IN a Good Place to Live?

Lake Eliza is a small town of 722 in Indiana, with a median household income of $82,560 . Its cost of living index is 103 (US average = 100), which is 3% above the national average.

Strengths: Lake Eliza stands out for below-average home prices.

Trade-offs: Potential downsides include longer commutes. Whether Lake Eliza is right for you depends on your priorities — the full breakdown is below.

All Lake Eliza 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

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

Metric Lake Eliza, IN National Avg
Median Home Value $160,200 $244,900
Median Monthly Rent N/A $1,163
Homeownership Rate 87.9% 65.9%
Median Household Income $82,560 $74,755

Crime & Safety

Very Safe

Lake Eliza's violent crime rate is 111.5 per 100,000 residents — 71% lower than the national average of ~380 per 100,000.

Violent Crime
111.5 /100k
Property Crime
544.6 /100k

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

Schools & Education

Metric Lake Eliza, IN National Avg
School District N/A
Elementary Schools N/A
Middle Schools N/A
High Schools N/A
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 4.8% 35.4%
High School Diploma or Higher 90.7% 91.1%

Weather & Climate

Lake Eliza sees average highs of 33.9°F in January and 85.0°F in July, with 40.9 inches of annual precipitation and 26.6 inches of snow per year.

MetricLake Eliza, IN
Average High — January33.9°F
Average High — July85.0°F
Annual Precipitation40.9"
Annual Snowfall26.6"

Demographics

MetricLake Eliza, INNational Avg
Population722
Median Age31.938.9
Unemployment Rate0.0%3.7%
Avg Commute Time46.8 min26 min
White (non-Hispanic)89.6%59.3%
Black or African American0.0%13.6%
Hispanic or Latino0.0%18.9%
Asian0.0%6.3%
Under 1828.5%22.2%
65 and over16.8%16.8%

Nearby Cities

Lake Eliza vs Other Cities

Frequently Asked Questions

Lake Eliza's cost of living index is 103, where 100 is the national average. That puts Lake Eliza roughly 3% above the national average in cost. The median home price is $160,200 and median rent is N/A/month.
Lake Eliza's violent crime rate is 111.5 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 544.6 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Lake Eliza, IN has a population of 722, a median household income of $82,560, and an unemployment rate of 0.0%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Lake Eliza averages 33.9°F in January and 85.0°F in July. Annual rainfall is 40.9 inches with about 26.6 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
The population of Lake Eliza, Indiana is 722 with a median age of 31.9. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Lake Eliza: cost of living index 103 (100 = US average), median home $160,200, median household income $82,560, crime index 28 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Lake Eliza side by side with your current city to see the trade-offs.