Living in Lagro, Indiana
Cost of living, income, home prices, rent and demographics of Lagro · Census data 2020–2024
Lagro has 330 residents with a median age of 39.4. The median household income is $58,958 (18% lower than the Indiana median), the median home value is $80,000, the median rent is $988/month.
Lagro is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Lagro at a glance
- Population
- 330
- Median age
- 39.4State: 38.1
- Median household income
- $58,958State: $71,957
- Median home value
- $80,000State: $218,200
- Median rent
- $988/moState: $1,062
- Homeowners
- 82.1%
- Bachelor's degree or higher
- 7.6%
- Average commute
- 20 min
Is Lagro a good place to live?
Pros: Home values 63% lower than the state median; an average commute of 20 minutes; a poverty rate of 10%.
Cons: Median household income 18% lower than the Indiana median; unemployment of 5.3%.
The weather is best in May–June and August–September.
Cost of living in Lagro
Housing is the biggest part of the cost of living. In Lagro the median home value is $80,000, 76% lower than the U.S. median. Renters pay a median of $988 per month, which is 21.9% of household income. Homeowners with a mortgage pay $1,016 a month in housing costs.
Lagro median household income
The median household income in Lagro is $58,958 and the income per person is $25,012. 10% of residents live below the poverty line (Indiana: 12.3%).
Housing in Lagro: homes for sale and rent
- Housing units
- 147
- Owner-occupied
- 82.1%
- Renter-occupied
- 17.9%
- Vacant
- 20.4%Includes seasonal homes
- Median year built
- 1960
- Average household size
- 2.82
Lagro demographics
- Population
- 330
- Median age
- 39.4
- Under 18
- 25.5%
- 65 and older
- 18.5%
- Households
- 117
- Foreign-born
- 0.6%
- Veterans
- 8.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Lagro ›
Education in Lagro
7.6% of adults 25 and older in Lagro have a bachelor's degree or higher (Indiana: 29.5%), and 5.3% have a graduate or professional degree.
Jobs and commute in Lagro
- Unemployment rate
- 5.3%State: 4.3%
- Average commute
- 20 minState: 24 min
- Work from home
- 3.6%
- Drive alone
- 82.7%
- Public transit
- 0%
- Walk to work
- 1.4%
- Homes with broadband
- 88%
Lagro vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lagro | 330 | $58,958 | $80,000 | $988 |
| Urbana | 116 | $37,829 | $98,900 | — |
| Wabash | 10,358 | $53,410 | $116,500 | $739 |
| Andrews | 1,038 | $49,500 | $90,500 | $692 |
| Mount Etna | 112 | $58,125 | $87,100 | — |
| Laketon | 460 | $60,104 | $162,500 | — |
| Roann | 479 | $58,542 | $95,900 | $825 |
| North Manchester | 4,819 | $61,296 | $138,200 | $660 |
| La Fontaine | 837 | $49,464 | $96,300 | $675 |
More for people moving to Lagro
Lagro ZIP code ›Weather and climate ›Living in Lagro: FAQ
What is the median household income in Lagro, IN?
The median household income in Lagro is $58,958, 18% lower 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 Lagro?
The median home value in Lagro is $80,000, compared with $218,200 in Indiana.
How much is rent in Lagro?
The median gross rent in Lagro is $988 per month, about 21.9% of household income.
Is Lagro, IN a good place to live?
Pluses: home values 63% lower than the state median; an average commute of 20 minutes; a poverty rate of 10%. Minuses: median household income 18% lower than the Indiana median; unemployment of 5.3%.
What is the median age in Lagro?
The median age in Lagro is 39.4 years (Indiana: 38.1).
How long is the commute in Lagro?
The average commute to work in Lagro is 20 minutes; 3.6% of workers work from home.
What is the unemployment rate in Lagro?
The unemployment rate in Lagro is 5.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lagro?
7.6% of adults in Lagro 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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