Lake of the Woods CDP, Indiana Demographics & Population 2026

Name: Lake of the Woods CDP, Indiana Demographics
Creator: U.S. Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

As of 2026, Lake of the Woods CDP, Indiana has a total population of 658, the 448th largest city in Indiana, with a median household income of $64,375, which is 8% lower than the state average. The poverty rate is 6.4%.

Key Takeaways

Unemployment rate of 11.2% is notably above the national average.

Lake of the Woods CDP Quick Facts

Population 658

Median Household Income $64,375

Median Home Value $189,600

Poverty Rate 6.4%

Unemployment Rate 11.2%

Median Age 54.4 years

Homeownership Rate 63.6%

Affordability Ratio 2.9x

Bachelor's Degree or Higher 14.8%

High School Graduation Rate 93.2%

Diversity Index 4/100

Population 658 448th of 967

Median Income $64,375 average

Poverty Rate 6.4% 49% lower national

Median Home Value $189,600 top 30%

How Lake of the Woods CDP Compares

Median Household Income

Lake of the Woods CDP

$64,375

$70,051

National

$78,538

Median Home Value

Lake of the Woods CDP

$189,600

$201,600

National

$303,400

Economy & Housing

Household Income Distribution

Under $25K 11.6%

$25K-$50K 12.8%

$50K-$100K 49.5%

$100K+ 26.0%

Employment

11.2% Unemployment Rate State: 4.3% | National: 5.2%

66.4% Labor Force Participation

Housing Overview

Owner 63.6%

Renter 36.4%

Affordability Index Very Affordable

2.9x home value to income ratio

People & Demographics

Age Distribution

Under 18

14.4%

18-34

6.5%

35-54

32.4%

55-74

43.6%

75+

3.0%

Race & Ethnicity

Diversity Index

Very Low Diversity

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

State average: 40 | National average: 60

Education

Educational Attainment (Adults 25+)

Lake of the Woods CDP Rankings in Indiana

#448 Population of 967

#364 Median Income of 967

#465 Education of 967

#212 Home Value of 967

Explore Indiana Rankings

Cities by Population All cities ranked by size Richest Cities Ranked by median income Most Educated By bachelor's degree rate Most Affordable By housing affordability

Cities Similar to Lake of the Woods CDP

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

City	Population	Median Income	Home Value	Bachelor's+	Poverty
Hudson town	646	$62,917	$87,000	8.9%	22.1%
La Crosse town	640	$63,500	$125,000	14.6%	18.9%
Hillsboro town	643	$67,750	$93,100	13.1%	11.0%
Francisco town	635	$62,460	$103,800	16.7%	14.5%
Holton town	640	$61,250	$88,600	2.0%	24.4%

Population Overview

Lake of the Woods CDP is a small community located in Indiana. The total population is 658. It ranks as the 448th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Lake of the Woods CDP is 54.4 years. This is 43% higher than the state median of 38.0 years. Only 14.4% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Lake of the Woods CDP is $64,375. This is 8% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 18% lower. The poverty rate stands at 6.4%. This is 48% lower than the state poverty rate of 12.2%. The unemployment rate is 11.2%. This is 161% higher than the state rate of 4.3%. The median home value is $189,600. Housing costs are 6% lower than the state median of $201,600. With a home-value-to-income ratio of just 2.9x, Lake of the Woods CDP is one of the most affordable housing markets in the area. 63.6% of occupied housing units are owner-occupied. This homeownership rate is 10% lower than the state average of 70.3%.

Race & Ethnicity

Lake of the Woods CDP has a predominantly White (non-Hispanic) population, comprising 97.9% of all residents. Hispanic or Latino residents account for 2.1%. The Hispanic or Latino population (2.1%) is well below the state average of 8.4%.

Education

14.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 49% 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 93.2%.

Data Sources & Methodology

All demographic data for Lake of the Woods CDP, 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 Lake of the Woods CDP, Indiana?

Lake of the Woods CDP, Indiana has a population of 658 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Lake of the Woods CDP, IN?

The median household income in Lake of the Woods CDP is $64,375, which is 18% lower the national median of $78,538.

What is the poverty rate in Lake of the Woods CDP, IN?

The poverty rate in Lake of the Woods CDP is 6.4%. This means approximately 41 residents live below the federal poverty line.

What is the racial makeup of Lake of the Woods CDP, Indiana?

Lake of the Woods CDP's population is 97.9% White, 0.0% Black, 2.1% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Lake of the Woods CDP, IN?

The median home value in Lake of the Woods CDP is $189,600. The home-value-to-income ratio is 2.9x.

How educated is Lake of the Woods CDP, Indiana?

14.8% of adults (25+) in Lake of the Woods CDP hold a bachelor's degree or higher, and 1.4% hold a graduate or professional degree.