Living in Lanesville, Indiana

Cost of living, income, home prices, rent and demographics of Lanesville · Census data 2020–2024

Lanesville has 944 residents with a median age of 39.6. The median household income is $84,345 (17% higher than the Indiana median), the median home value is $220,600, the median rent is $975/month.

Lanesville is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Lanesville at a glance

Population
944
Median age
39.6State: 38.1
Median household income
$84,345State: $71,957
Median home value
$220,600State: $218,200
Median rent
$975/moState: $1,062
Homeowners
76.7%
Bachelor's degree or higher
25%
Average commute
26 min

Is Lanesville a good place to live?

Pros: Median household income 17% higher than the Indiana median; unemployment of 0.6%; a poverty rate of 3.1%.

Cons: Home values about the same as the state median; an average commute of 26 minutes.

The weather is best in May and August to October.

Cost of living in Lanesville

Housing is the biggest part of the cost of living. In Lanesville the median home value is $220,600, 34% lower than the U.S. median. Renters pay a median of $975 per month, which is 17.8% of household income. Homeowners with a mortgage pay $1,336 a month in housing costs.

Median home value

Lanesville$220,600
Indiana$218,200
United States$332,700

Median monthly rent

Lanesville$975
Indiana$1,062
United States$1,413

Lanesville median household income

The median household income in Lanesville is $84,345 and the income per person is $38,451. 3.1% of residents live below the poverty line (Indiana: 12.3%).

Median household income

Lanesville$84,345
Indiana$71,957
United States$80,734

Housing in Lanesville: homes for sale and rent

Housing units
401
Owner-occupied
76.7%
Renter-occupied
23.3%
Vacant
9%Includes seasonal homes
Median year built
1970
Average household size
2.59

Lanesville demographics

Population
944
Median age
39.6
Under 18
26.1%
65 and older
17.4%
Households
365
Foreign-born
1.4%
Veterans
4.5%Adults 18+

Race and ethnicity

White91.7%
Hispanic or Latino6.6%
Black1.5%
Asian1.4%

Hispanic or Latino can be of any race. Population history of Lanesville ›

Education in Lanesville

25% of adults 25 and older in Lanesville have a bachelor's degree or higher (Indiana: 29.5%), and 8.4% have a graduate or professional degree.

Bachelor's degree or higher

Lanesville25%
Indiana29.5%
United States35.7%

Jobs and commute in Lanesville

Unemployment rate
0.6%State: 4.3%
Average commute
26 minState: 24 min
Work from home
13.5%
Drive alone
78.7%
Public transit
0%
Walk to work
0%
Homes with broadband
83%

Lanesville vs nearby towns

TownPopulationMedian incomeHome valueRent
Lanesville944$84,345$220,600$975
Georgetown3,800$113,265$302,300$980
Crandall233$55,313$168,800$846
Elizabeth168$95,417$155,200$1,125
Corydon3,157$56,513$144,600$959
New Salisbury499$52,768$179,200—
Floyds Knobs4,515$126,341$372,500$1,169
Galena1,549$127,738$281,200—
Greenville1,575$134,934$318,900$1,176

More for people moving to Lanesville

Lanesville ZIP code ›Weather and climate ›

Living in Lanesville: FAQ

What is the median household income in Lanesville, IN?

The median household income in Lanesville is $84,345, 17% 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 Lanesville?

The median home value in Lanesville is $220,600, compared with $218,200 in Indiana.

How much is rent in Lanesville?

The median gross rent in Lanesville is $975 per month, about 17.8% of household income.

Is Lanesville, IN a good place to live?

Pluses: median household income 17% higher than the Indiana median; unemployment of 0.6%; a poverty rate of 3.1%. Minuses: home values about the same as the state median; an average commute of 26 minutes.

What is the median age in Lanesville?

The median age in Lanesville is 39.6 years (Indiana: 38.1).

How long is the commute in Lanesville?

The average commute to work in Lanesville is 26 minutes; 13.5% of workers work from home.

What is the unemployment rate in Lanesville?

The unemployment rate in Lanesville is 0.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Lanesville?

25% of adults in Lanesville 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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