Living in Lapel, Indiana
Cost of living, income, home prices, rent and demographics of Lapel · Census data 2020–2024
Lapel has 2,668 residents with a median age of 34.1. The median household income is $79,778 (11% higher than the Indiana median), the median home value is $220,400, the median rent is $1,318/month.
Lapel at a glance
- Population
- 2,668
- Median age
- 34.1State: 38.1
- Median household income
- $79,778State: $71,957
- Median home value
- $220,400State: $218,200
- Median rent
- $1,318/moState: $1,062
- Homeowners
- 70.2%
- Bachelor's degree or higher
- 25.8%
- Average commute
- 26 min
Is Lapel a good place to live?
Pros: Median household income 11% higher than the Indiana median; a poverty rate of 6.4%.
Cons: Home values about the same as the state median; an average commute of 26 minutes; unemployment of 6.3%.
The weather is best in June to September.
Cost of living in Lapel
Housing is the biggest part of the cost of living. In Lapel the median home value is $220,400, 34% lower than the U.S. median. Renters pay a median of $1,318 per month, which is 19.6% of household income. Homeowners with a mortgage pay $1,427 a month in housing costs.
Lapel median household income
The median household income in Lapel is $79,778 and the income per person is $36,949. 6.4% of residents live below the poverty line (Indiana: 12.3%).
Housing in Lapel: homes for sale and rent
- Housing units
- 1,077
- Owner-occupied
- 70.2%
- Renter-occupied
- 29.8%
- Vacant
- 3.2%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 2.56
Lapel demographics
- Population
- 2,668
- Median age
- 34.1
- Under 18
- 26.8%
- 65 and older
- 12.6%
- Households
- 1,042
- Foreign-born
- 0.2%
- Veterans
- 7.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Lapel ›
Education in Lapel
25.8% of adults 25 and older in Lapel have a bachelor's degree or higher (Indiana: 29.5%), and 6% have a graduate or professional degree.
Jobs and commute in Lapel
- Unemployment rate
- 6.3%State: 4.3%
- Average commute
- 26 minState: 24 min
- Work from home
- 16.7%
- Drive alone
- 75.7%
- Public transit
- 0%
- Walk to work
- 3.4%
- Homes with broadband
- 88.2%
Lapel vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lapel | 2,668 | $79,778 | $220,400 | $1,318 |
| Fishersburg | 190 | $46,429 | $154,200 | — |
| Pendleton | 5,321 | $86,806 | $248,200 | $1,209 |
| Ingalls | 2,512 | $74,236 | $189,900 | $1,379 |
| Edgewood | 2,121 | $87,770 | $200,100 | $1,050 |
| Fortville | 4,976 | $84,000 | $254,900 | $1,167 |
| Fishers | 102,337 | $130,203 | $391,000 | $1,611 |
| Noblesville | 73,362 | $104,047 | $349,700 | $1,389 |
| Anderson | 55,367 | $46,909 | $119,000 | $925 |
More for people moving to Lapel
Lapel ZIP code ›Weather and climate ›Living in Lapel: FAQ
What is the median household income in Lapel, IN?
The median household income in Lapel is $79,778, 11% 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 Lapel?
The median home value in Lapel is $220,400, compared with $218,200 in Indiana.
How much is rent in Lapel?
The median gross rent in Lapel is $1,318 per month, about 19.6% of household income.
Is Lapel, IN a good place to live?
Pluses: median household income 11% higher than the Indiana median; a poverty rate of 6.4%. Minuses: home values about the same as the state median; an average commute of 26 minutes; unemployment of 6.3%.
What is the median age in Lapel?
The median age in Lapel is 34.1 years (Indiana: 38.1).
How long is the commute in Lapel?
The average commute to work in Lapel is 26 minutes; 16.7% of workers work from home.
What is the unemployment rate in Lapel?
The unemployment rate in Lapel is 6.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lapel?
25.8% of adults in Lapel 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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