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Lawrence, Indiana Demographics & Population 2026

During the 2020–2024 ACS period, Lawrence, Indiana had a total population of 49,517, the 22nd largest city in Indiana, with a median household income of $74,022, which is 3% higher than the state average. The poverty rate is 8.7%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Lawrence Quick Facts

Population 49,517
Median Household Income $74,022
Median Home Value $230,100
Poverty Rate 8.7%
Unemployment Rate 4.5%
Median Age 34.3 years
Homeownership Rate 66.1%
Affordability Ratio 3.1x
Bachelor's Degree or Higher 35.6%
High School Graduation Rate 89.1%
Diversity Index 67/100
Population 49,517 22nd of 967
Median Income $74,022 above average
Poverty Rate 8.7% 30% lower than national
Median Home Value $230,100 top 20%

How Lawrence Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population49,28449,517+0.5%
Median household income$73,455$74,022+0.8%
Median home value$220,400$230,100+4.4%

How Lawrence Compares

Economy & Housing

Household Income Distribution

Under $25K 13.3%
$25K-$50K 19.4%
$50K-$100K 32.6%
$100K+ 34.7%
Detailed income brackets
Under $10K
2.7%
$10K-$15K
4.2%
$15K-$20K
3.3%
$20K-$25K
3.1%
$25K-$30K
3.7%
$30K-$35K
4.2%
$35K-$40K
4.9%
$40K-$45K
3.4%
$45K-$50K
3.1%
$50K-$60K
6.3%
$60K-$75K
12.0%
$75K-$100K
14.3%
$100K-$125K
10.6%
$125K-$150K
5.1%
$150K-$200K
12.9%
$200K+
6.1%

Employment

4.5% Unemployment Rate State: 4.3%|National: 5.2%
71.9% Labor Force Participation

Housing Overview

Owner 66.1%
Renter 33.9%
Affordability Index Affordable
3.1x home value to income ratio
Median gross rent $1,178/mo 19.1% of median household income annually

People & Demographics

Diversity Index

67out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 41 | National average: 61

Education

Lawrence Rankings in Indiana

#22 Population of 967
#264 Median Income of 796
#124 Education of 966
#162 Home Value of 818

Other Cities in Marion County

CityPopulationMedian IncomePovertyHome Value
Indianapolis 885,860 $66,219 15.8% $224,800
Beech Grove 14,913 $49,973 11.1% $182,600
Speedway 13,968 $60,147 17.5% $228,600
Cumberland 6,267 $87,364 6.4% $239,200
Southport 1,975 $71,058 11.0% $206,300
Meridian Hills 1,767 $211,528 0.8% $661,700
Warren Park 1,599 $42,906 19.2% $185,800
Clermont 1,468 $82,083 8.6% $194,000
Homecroft 854 $78,942 2.0% $231,600
Rocky Ripple 631 $72,813 8.6% $194,800

Cities Similar to Lawrence

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Jeffersonville51,043$70,930$216,80028.2%11.2%
Columbus51,824$77,456$244,20040.0%11.3%
Mishawaka51,021$54,291$155,50029.2%16.4%
Elkhart53,733$51,028$139,50017.7%18.2%
Portage38,082$76,276$224,20018.4%11.6%

Population Overview

Lawrence is a mid-sized community located in Indiana, within Marion County. The total population is 49,517. It ranks as the 22nd most populous out of 967 Census-designated places in Indiana.

Age Demographics

The median age in Lawrence is 34.3 years. This is 10% lower than the state median of 38.1 years.

Economy, Income & Housing

The median household income in Lawrence is $74,022. This is 3% higher than the state median of $71,957. It is also 8% lower than the national median of $80,734. The poverty rate stands at 8.7%. This is 29% lower than the state poverty rate of 12.3%. The unemployment rate is 4.5%. This is 4% higher than the state rate of 4.3%. The median home value is $230,100. Housing costs are 5% higher than the state median of $218,200. The home-value-to-income ratio is 3.1x. 66.1% of occupied housing units are owner-occupied. This homeownership rate is 6% lower than the state average of 70.5%.

Race & Ethnicity

The largest racial or ethnic group in Lawrence is White (non-Hispanic), making up 46.1% of the population. Black or African American residents account for 28.4%. The Black or African American population is significantly higher than the state average (28.4% vs 9.1%). The Hispanic or Latino population is significantly higher than the state average (18.0% vs 8.6%).

Education

35.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 21% higher 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 89.1%.

Data Sources & Methodology

All demographic data for Lawrence, 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 Lawrence, Indiana?

Lawrence, Indiana has a population of 49,517 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Lawrence, IN?

The median household income in Lawrence is $74,022, which is 8% lower than the national median of $80,734.

What is the poverty rate in Lawrence, IN?

The poverty rate in Lawrence is 8.7%. This means approximately 4,298 residents live below the federal poverty line.

What is the racial makeup of Lawrence, Indiana?

Lawrence's population is 46.1% White, 28.4% Black, 18.0% Hispanic/Latino, and 2.0% Asian.

What is the median home value in Lawrence, IN?

The median home value in Lawrence is $230,100. The home-value-to-income ratio is 3.1x.

How educated is Lawrence, Indiana?

35.6% of adults (25+) in Lawrence hold a bachelor's degree or higher, and 12.0% hold a graduate or professional degree.