Lake Eliza, Indiana Demographics & Population 2026
During the 2020–2024 ACS period, Lake Eliza, Indiana had a total population of 545, the 492nd largest community in Indiana. The poverty rate is 10.3%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Only 5.6% of adults have a bachelor's degree, well below the national average of 35.7%.
Lake Eliza Quick Facts
How Lake Eliza 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 | 725 | 545 | -24.8% |
| Median home value | $168,000 | $173,000 | +3.0% |
How Lake Eliza 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+)
Lake Eliza Rankings in Indiana
Explore Indiana Rankings
Cities Similar to Lake Eliza
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Lizton | 543 | $94,844 | $191,800 | 30.7% | 0.9% |
| West Baden Springs | 543 | $42,857 | $163,800 | 9.5% | 18.1% |
| Denver | 553 | $61,591 | $96,800 | 10.0% | 9.0% |
| Francisco | 537 | $63,836 | $98,300 | 10.3% | 14.3% |
| Paragon | 537 | $73,750 | $104,100 | 2.1% | 24.7% |
A note before these figures: with a population of 545, Lake Eliza's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Lake Eliza is a small community located in Indiana. The total population is 545. It ranks as the 492nd most populous out of 967 Census-designated places in Indiana.
Age Demographics
The median age in Lake Eliza is 41.4 years. This is 9% higher than the state median of 38.1 years. With 29.0% of the population under 18, Lake Eliza has a notably young demographic profile, suggesting a family-oriented community. 20.5% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The poverty rate stands at 10.3%. This is 17% lower than the state poverty rate of 12.3%. The survey records no unemployed residents in Lake Eliza, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $173,000. Housing costs are 21% lower than the state median of $218,200. 93.8% of occupied housing units are owner-occupied. This homeownership rate is 33% higher than the state average of 70.5%.
Race & Ethnicity
Lake Eliza has a predominantly White (non-Hispanic) population, comprising 93.0% of all residents. Hispanic or Latino residents account for 1.5%. The Hispanic or Latino population (1.5%) is well below the state average of 8.6%.
Education
5.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 81% 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 87.5%.
Data Sources & Methodology
All demographic data for Lake Eliza, 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 Lake Eliza, Indiana?
Lake Eliza, Indiana has a population of 545 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Lake Eliza, IN?
The Census Bureau does not publish a reliable median household income estimate for Lake Eliza — the community is too small for the ACS sample. The national median is $80,734.
What is the poverty rate in Lake Eliza, IN?
The poverty rate in Lake Eliza is 10.3%. This means approximately 56 residents live below the federal poverty line.
What is the racial makeup of Lake Eliza, Indiana?
Lake Eliza's population is 93.0% White, 0.0% Black, 1.5% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Lake Eliza, IN?
The median home value in Lake Eliza is $173,000.
How educated is Lake Eliza, Indiana?
5.6% of adults (25+) in Lake Eliza hold a bachelor's degree or higher, and 5.6% hold a graduate or professional degree.