Heritage Lake, Indiana Demographics & Population 2026
During the 2020–2024 ACS period, Heritage Lake, Indiana had a total population of 3,227, the 171st largest community in Indiana, with a median household income of $87,568, which is 22% higher than the state average. The poverty rate is 13.3%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Heritage Lake Quick Facts
How Heritage Lake Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 2,913 | 3,227 | +10.8% |
| Median household income | $81,495 | $87,568 | +7.5% |
| Median home value | $237,300 | $262,900 | +10.8% |
How Heritage Lake Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Heritage Lake Rankings in Indiana
Explore Indiana Rankings
Other Cities in Putnam County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Greencastle | 9,864 | $55,565 | 12.2% | $169,200 |
| Cloverdale | 2,195 | $42,243 | 14.9% | $136,500 |
| Roachdale | 971 | $66,216 | 18.7% | $143,400 |
| Fillmore | 895 | $85,543 | 5.0% | $110,000 |
| Van Bibber Lake | 658 | $37,315 | 14.3% | $65,500 |
| Bainbridge | 605 | $59,712 | 13.7% | $180,500 |
| Russellville | 308 | $72,875 | 6.8% | $120,800 |
Cities Similar to Heritage Lake
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Melody Hill | 3,243 | $93,906 | $201,600 | 33.9% | 4.4% |
| New Palestine | 3,227 | $96,923 | $357,500 | 41.9% | 5.7% |
| Syracuse | 3,233 | $71,833 | $199,400 | 19.3% | 4.2% |
| Smithville-Sanders | 3,299 | $74,750 | $259,100 | 38.4% | 5.5% |
| Attica | 3,238 | $68,931 | $118,000 | 10.7% | 16.6% |
Population Overview
Heritage Lake is a small community located in Indiana, within Putnam County. The total population is 3,227. It ranks as the 171st most populous out of 967 Census-designated places in Indiana.
Age Demographics
The median age in Heritage Lake is 33.9 years. This is 11% lower than the state median of 38.1 years.
Economy, Income & Housing
The median household income in Heritage Lake is $87,568. This is 22% higher than the state median of $71,957. It is also 8% higher than the national median of $80,734. The poverty rate stands at 13.3%. This is 8% higher than the state poverty rate of 12.3%. The unemployment rate is 3.5%. This is 17% lower than the state rate of 4.3%. The median home value is $262,900. Housing costs are 20% higher than the state median of $218,200. The home-value-to-income ratio is 3.0x. 97.9% of occupied housing units are owner-occupied. This homeownership rate is 39% higher than the state average of 70.5%.
Race & Ethnicity
Heritage Lake has a predominantly White (non-Hispanic) population, comprising 99.4% of all residents. Asian residents account for 0.1%. The Asian population (0.1%) is well below the state average of 2.6%.
Education
25.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 15% lower than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.0%.
Data Sources & Methodology
All demographic data for Heritage Lake, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Heritage Lake, Indiana?
Heritage Lake, Indiana has a population of 3,227 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Heritage Lake, IN?
The median household income in Heritage Lake is $87,568, which is 8% higher than the national median of $80,734.
What is the poverty rate in Heritage Lake, IN?
The poverty rate in Heritage Lake is 13.3%. This means approximately 429 residents live below the federal poverty line.
What is the racial makeup of Heritage Lake, Indiana?
Heritage Lake's population is 99.4% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.1% Asian.
What is the median home value in Heritage Lake, IN?
The median home value in Heritage Lake is $262,900. The home-value-to-income ratio is 3.0x.
How educated is Heritage Lake, Indiana?
25.1% of adults (25+) in Heritage Lake hold a bachelor's degree or higher, and 4.4% hold a graduate or professional degree.