Shipshewana Lake CDP, Indiana Demographics & Population 2026

Population Overview

Shipshewana Lake CDP is a small community located in Indiana. The total population is 325. It ranks as the 595th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Shipshewana Lake CDP is 51.5 years. This is 36% higher than the state median of 38.0 years. Only 8.9% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Shipshewana Lake CDP is $68,984. This is 2% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 12% lower. The poverty rate stands at 0.0%. This is 100% lower than the state poverty rate of 12.2%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 0.0%. This is 100% lower than the state rate of 4.3%. The median home value is $325,700. Housing costs are 62% higher than the state median of $201,600. The home-value-to-income ratio is 4.7x. 33.3% of occupied housing units are owner-occupied. This homeownership rate is 53% lower than the state average of 70.3%.

Race & Ethnicity

Shipshewana Lake CDP has a predominantly White (non-Hispanic) population, comprising 100.0% of all residents.

Education

0.0% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. This is 100% 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 32.8%.

Data Sources & Methodology

All demographic data for Shipshewana Lake 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.