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La Paz town, Indiana Demographics & Population 2026

Very AffordableHome value to income ratio of 1.6x is exceptionally low

As of 2026, La Paz town, Indiana has a total population of 498, the 512th largest city in Indiana, with a median household income of $75,750, which is 8% higher than the state average. The poverty rate is 18.0%.

Key Takeaways

La Paz town Quick Facts

Population 498
Median Household Income $75,750
Median Home Value $121,900
Poverty Rate 18.0%
Unemployment Rate 3.6%
Median Age 44.8 years
Homeownership Rate 90.0%
Affordability Ratio 1.6x
Bachelor's Degree or Higher 7.0%
High School Graduation Rate 86.4%
Diversity Index 19/100
Population 498 512th of 967
Median Income $75,750 top 30%
Poverty Rate 18.0% 45% higher national
Median Home Value $121,900 average

How La Paz town Compares

Economy & Housing

Employment

3.6% Unemployment Rate State: 4.3% | National: 5.2%
74.2% Labor Force Participation

Housing Overview

Owner 90.0%
Renter 10.1%
Affordability Index Very Affordable
1.6x home value to income ratio

People & Demographics

Diversity Index

19out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

La Paz town Rankings in Indiana

#512 Population of 967
#228 Median Income of 967
#720 Education of 967
#473 Home Value of 967

Cities Similar to La Paz town

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Snow Lake CDP497$78,333$425,00050.0%0.0%
Greens Fork town509$70,962$93,20014.4%8.3%
Riley town479$72,813$92,70015.5%27.2%
Ramsey CDP478$79,559$181,80029.0%11.5%
Lake Village CDP533N/A$152,70022.1%27.0%

Population Overview

La Paz town is a small community located in Indiana. The total population is 498. It ranks as the 512th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in La Paz town is 44.8 years. This is 18% higher than the state median of 38.0 years. Only 13.7% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in La Paz town is $75,750. This is 8% higher than the state median of $70,051. Compared to the national median of $78,538, household income here is 4% lower. The poverty rate stands at 18.0%. This is 48% higher than the state poverty rate of 12.2%. The unemployment rate is 3.6%. This is 15% lower than the state rate of 4.3%. The median home value is $121,900. Housing costs are 40% lower than the state median of $201,600. With a home-value-to-income ratio of just 1.6x, La Paz town is one of the most affordable housing markets in the area. 90.0% of occupied housing units are owner-occupied. This homeownership rate is 28% higher than the state average of 70.3%.

Race & Ethnicity

La Paz town has a predominantly White (non-Hispanic) population, comprising 89.4% of all residents. Hispanic or Latino residents account for 8.6%.

Education

7.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 76% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 86.4%.

Data Sources & Methodology

All demographic data for La Paz town, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. 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. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of La Paz town, Indiana?

La Paz town, Indiana has a population of 498 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in La Paz town, IN?

The median household income in La Paz town is $75,750, which is 4% lower the national median of $78,538.

What is the poverty rate in La Paz town, IN?

The poverty rate in La Paz town is 18.0%. This means approximately 88 residents live below the federal poverty line.

What is the racial makeup of La Paz town, Indiana?

La Paz town's population is 89.4% White, 0.0% Black, 8.6% Hispanic/Latino, and 0.0% Asian.

What is the median home value in La Paz town, IN?

The median home value in La Paz town is $121,900. The home-value-to-income ratio is 1.6x.

How educated is La Paz town, Indiana?

7.0% of adults (25+) in La Paz town hold a bachelor's degree or higher, and 1.0% hold a graduate or professional degree.