Winona Lake town, Indiana Demographics & Population 2026

Population Overview

Winona Lake town is a small city located in Indiana. The total population is 5,073. It ranks as the 134th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Winona Lake town is 28.0 years. This is 26% lower than the state median of 38.0 years.

Economy, Income & Housing

The median household income in Winona Lake town is $97,813. This is 40% higher than the state median of $70,051. Compared to the national median of $78,538, household income here is 25% higher. The poverty rate stands at 6.9%. This is 44% lower than the state poverty rate of 12.2%. The unemployment rate is 1.0%. This is 76% lower than the state rate of 4.3%. The median home value is $242,400. Housing costs are 20% higher than the state median of $201,600. With a home-value-to-income ratio of just 2.5x, Winona Lake town is one of the most affordable housing markets in the area. 65.6% of occupied housing units are owner-occupied. This homeownership rate is 7% lower than the state average of 70.3%.

Race & Ethnicity

The largest racial or ethnic group in Winona Lake town is White (non-Hispanic), making up 78.8% of the population. Hispanic or Latino residents account for 13.9%. The Black or African American population (1.0%) is well below the state average of 9.1%. The Hispanic or Latino population is significantly higher than the state average (13.9% vs 8.4%). The Asian population (0.4%) is well below the state average of 2.5%.

Education

50.8% of residents aged 25 and older hold a bachelor's degree or higher. This places Winona Lake town in the top 10% of all cities in the state for educational attainment. This is 77% higher 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%. Notably, 15.3% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Winona Lake 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.