What are the schools like in Laketon, IN?

Laketon is served primarily by Manchester Community Schools. The district operates 1 elementary schools, 1 middle schools, and 1 high schools with a student-to-teacher ratio of 16.2:1.

What is the median household income in Laketon?

The median household income in Laketon, IN is $51,111 according to the most recent US Census American Community Survey 5-year estimates. The unemployment rate is 0.0%.

What is the weather like in Laketon, IN?

Laketon has an average high temperature of 32.6°F in January and 83.3°F in July. Annual precipitation averages 41.1 inches and annual snowfall averages 30.3 inches.

Laketon, IN Cost of Living, Crime & Is It a Good Place to Live? (2026)

Q: Is Laketon, IN affordable or expensive?

Laketon's cost of living index is 92, where 100 represents the national average. This means Laketon is 8% less expensive than the average US city. The median home value is $113,800 and the median rent is $813 per month.

Q: What is the crime rate in Laketon, IN?

Crime rate data for Laketon is not currently available from the FBI's reported data.

Is Laketon, IN a Good Place to Live?

Laketon is a small town of 294 in Indiana, with a median household income of $51,111 . Its cost of living index is 92 (US average = 100), which is 8% below the national average.

Strengths: Laketon stands out for an affordable cost of living, below-average home prices, solid school ratings (B-), short average commutes.

Trade-offs: No major red flags stand out in the available data. Whether Laketon is right for you depends on your priorities — the full breakdown is below.

All Laketon 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: 91.8

Laketon's overall cost of living index is 91.8, where 100 represents the US national average. Living in Laketon costs roughly 8% less than the average American city.

Metric	Laketon, IN	National Avg
Median Home Value	$113,800	$244,900
Median Monthly Rent	$813	$1,163
Homeownership Rate	79.6%	65.9%
Median Household Income	$51,111	$74,755

Crime & Safety

Crime data for Laketon is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Laketon is served primarily by Manchester Community Schools. The student-to-teacher ratio is 16.2:1 (slightly above the national average of ~16:1).

Metric	Laketon, IN	National Avg
School District	Manchester Community Schools	—
Elementary Schools	1	—
Middle Schools	1	—
High Schools	1	—
Student/Teacher Ratio	16.2:1	16:1
Bachelor's Degree or Higher	7.1%	35.4%
High School Diploma or Higher	92.3%	91.1%

Weather & Climate

Laketon sees average highs of 32.6°F in January and 83.3°F in July, with 41.1 inches of annual precipitation and 30.3 inches of snow per year.

Metric	Laketon, IN
Average High — January	32.6°F
Average High — July	83.3°F
Annual Precipitation	41.1"
Annual Snowfall	30.3"

Demographics

Metric	Laketon, IN	National Avg
Population	294	—
Median Age	43.4	38.9
Unemployment Rate	0.0%	3.7%
Avg Commute Time	19.8 min	26 min
White (non-Hispanic)	92.5%	59.3%
Black or African American	0.0%	13.6%
Hispanic or Latino	0.0%	18.9%
Asian	0.0%	6.3%
Under 18	16.3%	22.2%
65 and over	34.7%	16.8%

Nearby Cities

North Manchester, IN 4 mi Servia, IN 6 mi Urbana, IN 6 mi Roann, IN 7 mi Liberty Mills, IN 7 mi

ZIP Codes in Laketon

Laketon, IN is covered by 1 ZIP code:

46943

Laketon vs Other Cities

Laketon, IN vs North Manchester, IN Laketon, IN vs Servia, IN Laketon, IN vs Urbana, IN Laketon, IN vs Roann, IN Laketon, IN vs Liberty Mills, IN

Frequently Asked Questions

Is Laketon, IN affordable or expensive?

Laketon's cost of living index is 92, where 100 is the national average. That makes Laketon roughly 8% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $113,800 and median rent is $813/month.

What is the crime rate in Laketon, IN?

Crime data for Laketon is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.

What are the schools like in Laketon?

Public schools in Laketon are operated by Manchester Community Schools. The district has 1 elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 16.2:1. 7.1% of adults 25+ hold a bachelor's degree or higher.

Is Laketon, IN a good place to live?

Laketon, IN has a population of 294, a median household income of $51,111, and an unemployment rate of 0.0%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.

What is the weather like in Laketon?

Laketon averages 32.6°F in January and 83.3°F in July. Annual rainfall is 41.1 inches with about 30.3 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).

What ZIP codes are in Laketon?

Laketon, IN is covered by 1 ZIP code: 46943.

What is the population of Laketon?

The population of Laketon, Indiana is 294 with a median age of 43.4. Source: US Census ACS 5-Year Estimates.

What are the pros and cons of living in Laketon?

Key numbers for living in Laketon: cost of living index 92 (100 = US average), median home $113,800, median household income $51,111, schools rated B-. Whether these are benefits or drawbacks depends on where you're coming from — compare Laketon side by side with your current city to see the trade-offs.