Living in Prince's Lakes, Indiana
Cost of living, income, home prices, rent and demographics of Prince's Lakes · Census data 2020–2024
Prince's Lakes has 1,188 residents with a median age of 58.3. The median household income is $89,375 (24% higher than the Indiana median), the median home value is $245,000, the median rent is $1,292/month.
Prince's Lakes is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Prince's Lakes at a glance
- Population
- 1,188
- Median age
- 58.3State: 38.1
- Median household income
- $89,375State: $71,957
- Median home value
- $245,000State: $218,200
- Median rent
- $1,292/moState: $1,062
- Homeowners
- 95.3%
- Bachelor's degree or higher
- 19.7%
- Average commute
- 38 min
Is Prince's Lakes a good place to live?
Pros: Median household income 24% higher than the Indiana median; unemployment of 1.7%; a poverty rate of 6.8%.
Cons: Home values 12% higher than the state median; an average commute of 38 minutes.
The weather is best in June to September.
Cost of living in Prince's Lakes
Housing is the biggest part of the cost of living. In Prince's Lakes the median home value is $245,000, 26% lower than the U.S. median. Renters pay a median of $1,292 per month, which is 27.8% of household income. Homeowners with a mortgage pay $1,380 a month in housing costs.
Prince's Lakes median household income
The median household income in Prince's Lakes is $89,375 and the income per person is $52,664. 6.8% of residents live below the poverty line (Indiana: 12.3%).
Housing in Prince's Lakes: homes for sale and rent
- Housing units
- 790
- Owner-occupied
- 95.3%
- Renter-occupied
- 4.7%
- Vacant
- 24.1%Includes seasonal homes
- Median year built
- 1966
- Average household size
- 1.98
Prince's Lakes demographics
- Population
- 1,188
- Median age
- 58.3
- Under 18
- 11%
- 65 and older
- 27.4%
- Households
- 600
- Foreign-born
- 1%
- Veterans
- 9.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Prince's Lakes ›
Education in Prince's Lakes
19.7% of adults 25 and older in Prince's Lakes have a bachelor's degree or higher (Indiana: 29.5%), and 7.5% have a graduate or professional degree.
Jobs and commute in Prince's Lakes
- Unemployment rate
- 1.7%State: 4.3%
- Average commute
- 38 minState: 24 min
- Work from home
- 7.7%
- Drive alone
- 84.4%
- Public transit
- 0.4%
- Walk to work
- 0%
- Homes with broadband
- 90.8%
Prince's Lakes vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Prince's Lakes | 1,188 | $89,375 | $245,000 | $1,292 |
| Nineveh | 559 | $54,233 | $176,000 | — |
| Cordry Sweetwater Lakes | 1,190 | $94,583 | $340,900 | — |
| Trafalgar | 1,469 | $77,885 | $233,600 | $1,024 |
| Pleasant View Village | 625 | $95,682 | $193,600 | — |
| Morgantown | 1,308 | $54,007 | $133,600 | $908 |
| Edinburgh | 4,381 | $60,843 | $154,500 | $845 |
| Franklin | 26,168 | $82,380 | $231,500 | $1,186 |
| Nashville | 1,386 | $51,638 | $294,900 | $822 |
More for people moving to Prince's Lakes
Prince's Lakes ZIP code ›Weather and climate ›Living in Prince's Lakes: FAQ
What is the median household income in Prince's Lakes, IN?
The median household income in Prince's Lakes is $89,375, 24% 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 Prince's Lakes?
The median home value in Prince's Lakes is $245,000, compared with $218,200 in Indiana.
How much is rent in Prince's Lakes?
The median gross rent in Prince's Lakes is $1,292 per month, about 27.8% of household income.
Is Prince's Lakes, IN a good place to live?
Pluses: median household income 24% higher than the Indiana median; unemployment of 1.7%; a poverty rate of 6.8%. Minuses: home values 12% higher than the state median; an average commute of 38 minutes.
What is the median age in Prince's Lakes?
The median age in Prince's Lakes is 58.3 years (Indiana: 38.1).
How long is the commute in Prince's Lakes?
The average commute to work in Prince's Lakes is 38 minutes; 7.7% of workers work from home.
What is the unemployment rate in Prince's Lakes?
The unemployment rate in Prince's Lakes is 1.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Prince's Lakes?
19.7% of adults in Prince's 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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