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Prince's Lakes town, Indiana Demographics & Population 2026

Very AffordableHome value to income ratio of 2.5x is exceptionally low

As of 2026, Prince's Lakes town, Indiana has a total population of 1,257, the 309th largest city in Indiana, with a median household income of $93,125, which is 33% higher than the state average. The poverty rate is 5.5%.

Key Takeaways

Prince's Lakes town Quick Facts

Population 1,257
Median Household Income $93,125
Median Home Value $228,800
Poverty Rate 5.5%
Unemployment Rate 2.3%
Median Age 53.5 years
Homeownership Rate 96.0%
Affordability Ratio 2.5x
Bachelor's Degree or Higher 17.8%
High School Graduation Rate 92.5%
Diversity Index 11/100
Population 1,257 309th of 967
Median Income $93,125 top 20%
Poverty Rate 5.5% 56% lower national
Median Home Value $228,800 top 20%

How Prince's Lakes town Compares

Economy & Housing

Employment

2.3% Unemployment Rate State: 4.3% | National: 5.2%
68.1% Labor Force Participation

Housing Overview

Owner 96.0%
Renter 3.9%
Affordability Index Very Affordable
2.5x home value to income ratio

People & Demographics

Diversity Index

11out 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

Prince's Lakes town Rankings in Indiana

#309 Population of 967
#116 Median Income of 967
#364 Education of 967
#126 Home Value of 967

Cities Similar to Prince's Lakes town

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Hudson Lake CDP1,245$95,116$163,50023.2%4.4%
Montgomery town1,184$93,750$226,00016.5%2.6%
Cordry Sweetwater Lakes CDP1,200$100,167$284,20037.7%3.2%
Koontz Lake CDP1,217$78,081$124,50015.6%8.5%
Russiaville town1,374$86,321$175,30018.9%5.0%

Population Overview

Prince's Lakes town is a small community located in Indiana. The total population is 1,257. It ranks as the 309th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Prince's Lakes town is 53.5 years. This is 41% higher than the state median of 38.0 years. Only 14.1% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Prince's Lakes town is $93,125. This is 33% higher than the state median of $70,051. Compared to the national median of $78,538, household income here is 19% higher. The poverty rate stands at 5.5%. This is 55% lower than the state poverty rate of 12.2%. The unemployment rate is 2.3%. This is 47% lower than the state rate of 4.3%. The median home value is $228,800. Housing costs are 13% higher than the state median of $201,600. With a home-value-to-income ratio of just 2.5x, Prince's Lakes town is one of the most affordable housing markets in the area. 96.0% of occupied housing units are owner-occupied. This homeownership rate is 37% higher than the state average of 70.3%.

Race & Ethnicity

Prince's Lakes town has a predominantly White (non-Hispanic) population, comprising 94.3% of all residents. Hispanic or Latino residents account for 1.1%. The Hispanic or Latino population (1.1%) is well below the state average of 8.4%. The Asian population (0.6%) is well below the state average of 2.5%.

Education

17.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 38% 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 92.5%.

Data Sources & Methodology

All demographic data for Prince's Lakes 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 Prince's Lakes town, Indiana?

Prince's Lakes town, Indiana has a population of 1,257 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Prince's Lakes town, IN?

The median household income in Prince's Lakes town is $93,125, which is 19% higher the national median of $78,538.

What is the poverty rate in Prince's Lakes town, IN?

The poverty rate in Prince's Lakes town is 5.5%. This means approximately 69 residents live below the federal poverty line.

What is the racial makeup of Prince's Lakes town, Indiana?

Prince's Lakes town's population is 94.3% White, 0.0% Black, 1.1% Hispanic/Latino, and 0.6% Asian.

What is the median home value in Prince's Lakes town, IN?

The median home value in Prince's Lakes town is $228,800. The home-value-to-income ratio is 2.5x.

How educated is Prince's Lakes town, Indiana?

17.8% of adults (25+) in Prince's Lakes town hold a bachelor's degree or higher, and 6.5% hold a graduate or professional degree.