Living in Chain-O-Lakes, Indiana
Cost of living, income, home prices, rent and demographics of Chain-O-Lakes · Census data 2020–2024
Chain-O-Lakes has 490 residents with a median age of 52.8. The median household income is $88,018 (22% higher than the Indiana median), the median home value is $266,800.
Chain-O-Lakes is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Chain-O-Lakes at a glance
- Population
- 490
- Median age
- 52.8State: 38.1
- Median household income
- $88,018State: $71,957
- Median home value
- $266,800State: $218,200
- Homeowners
- 100%
- Bachelor's degree or higher
- 17.2%
- Average commute
- 17 min
Is Chain-O-Lakes a good place to live?
Pros: Median household income 22% higher than the Indiana median; an average commute of 17 minutes; a poverty rate of 5.1%.
Cons: Home values 22% higher than the state median.
The weather is best in June to September.
Cost of living in Chain-O-Lakes
Housing is the biggest part of the cost of living. In Chain-O-Lakes the median home value is $266,800, 20% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,216 a month in housing costs.
Chain-O-Lakes median household income
The median household income in Chain-O-Lakes is $88,018 and the income per person is $39,870. 5.1% of residents live below the poverty line (Indiana: 12.3%).
Housing in Chain-O-Lakes: homes for sale and rent
- Housing units
- 208
- Owner-occupied
- 100%
- Renter-occupied
- 0%
- Vacant
- 14.9%Includes seasonal homes
- Median year built
- 2003
- Average household size
- 2.77
Chain-O-Lakes demographics
- Population
- 490
- Median age
- 52.8
- Under 18
- 18%
- 65 and older
- 31%
- Households
- 177
- Foreign-born
- 0%
- Veterans
- 17.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Chain-O-Lakes ›
Education in Chain-O-Lakes
17.2% of adults 25 and older in Chain-O-Lakes have a bachelor's degree or higher (Indiana: 29.5%), and 4.4% have a graduate or professional degree.
Jobs and commute in Chain-O-Lakes
- Unemployment rate
- 0%State: 4.3%
- Average commute
- 17 minState: 24 min
- Work from home
- 7.1%
- Drive alone
- 74%
- Public transit
- 0%
- Walk to work
- 18.9%
- Homes with broadband
- 100%
Chain-O-Lakes vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Chain-O-Lakes | 490 | $88,018 | $266,800 | — |
| Ardmore | 1,810 | $47,069 | $143,100 | $1,081 |
| New Carlisle | 1,998 | $66,824 | $186,700 | $1,231 |
| South Bend | 103,085 | $55,786 | $140,400 | $1,033 |
| Roseland | 1,175 | $47,917 | $122,500 | $1,227 |
| Notre Dame | 6,890 | $19,886 | — | $1,258 |
| Buchanan | 4,223 | $56,163 | $154,300 | $903 |
| Hudson Lake | 1,347 | $98,253 | $241,200 | — |
| Galien | 470 | $45,221 | $138,100 | $981 |
More for people moving to Chain-O-Lakes
Chain-O-Lakes ZIP code ›Weather and climate ›Living in Chain-O-Lakes: FAQ
What is the median household income in Chain-O-Lakes, IN?
The median household income in Chain-O-Lakes is $88,018, 22% higher than the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Chain-O-Lakes?
The median home value in Chain-O-Lakes is $266,800, compared with $218,200 in Indiana.
Is Chain-O-Lakes, IN a good place to live?
Pluses: median household income 22% higher than the Indiana median; an average commute of 17 minutes; a poverty rate of 5.1%. Minuses: home values 22% higher than the state median.
What is the median age in Chain-O-Lakes?
The median age in Chain-O-Lakes is 52.8 years (Indiana: 38.1).
How long is the commute in Chain-O-Lakes?
The average commute to work in Chain-O-Lakes is 17 minutes; 7.1% of workers work from home.
What is the unemployment rate in Chain-O-Lakes?
The unemployment rate in Chain-O-Lakes is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Chain-O-Lakes?
17.2% of adults in Chain-O-Lakes have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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