Living in Simonton Lake, Indiana
Cost of living, income, home prices, rent and demographics of Simonton Lake · Census data 2020–2024
Simonton Lake has 4,248 residents with a median age of 47. The median household income is $75,673 (5% higher than the Indiana median), the median home value is $266,800, the median rent is $1,108/month.
Simonton Lake at a glance
- Population
- 4,248
- Median age
- 47State: 38.1
- Median household income
- $75,673State: $71,957
- Median home value
- $266,800State: $218,200
- Median rent
- $1,108/moState: $1,062
- Homeowners
- 80%
- Bachelor's degree or higher
- 20.5%
- Average commute
- 20 min
Is Simonton Lake a good place to live?
Pros: Median household income 5% higher than the Indiana median; an average commute of 20 minutes; unemployment of 1.7%; a poverty rate of 11.5%.
Cons: Home values 22% higher than the state median.
The weather is best in June to September.
Cost of living in Simonton Lake
Housing is the biggest part of the cost of living. In Simonton Lake the median home value is $266,800, 20% lower than the U.S. median. Renters pay a median of $1,108 per month, which is 51% of household income. Homeowners with a mortgage pay $1,519 a month in housing costs.
Simonton Lake median household income
The median household income in Simonton Lake is $75,673 and the income per person is $38,342. 11.5% of residents live below the poverty line (Indiana: 12.3%).
Housing in Simonton Lake: homes for sale and rent
- Housing units
- 1,912
- Owner-occupied
- 80%
- Renter-occupied
- 20%
- Vacant
- 9.8%Includes seasonal homes
- Median year built
- 1989
- Average household size
- 2.46
Simonton Lake demographics
- Population
- 4,248
- Median age
- 47
- Under 18
- 22.6%
- 65 and older
- 22.4%
- Households
- 1,725
- Foreign-born
- 0.5%
- Veterans
- 11.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Simonton Lake ›
Education in Simonton Lake
20.5% of adults 25 and older in Simonton Lake have a bachelor's degree or higher (Indiana: 29.5%), and 10% have a graduate or professional degree.
Jobs and commute in Simonton Lake
- Unemployment rate
- 1.7%State: 4.3%
- Average commute
- 20 minState: 24 min
- Work from home
- 8.6%
- Drive alone
- 79.6%
- Public transit
- 0%
- Walk to work
- 0.8%
- Homes with broadband
- 95.4%
Simonton Lake vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Simonton Lake | 4,248 | $75,673 | $266,800 | $1,108 |
| Elkhart | 53,733 | $51,028 | $139,500 | $998 |
| Edwardsburg | 1,472 | $52,500 | $122,200 | $950 |
| Bristol | 2,128 | $77,188 | $229,500 | $1,099 |
| Osceola | 2,593 | $66,503 | $196,900 | $1,654 |
| Granger | 30,321 | $123,318 | $331,100 | $1,656 |
| Dunlap | 6,109 | $87,039 | $222,200 | $1,271 |
| Cassopolis | 1,834 | $40,781 | $110,000 | $823 |
| Mishawaka | 51,021 | $54,291 | $155,500 | $1,070 |
More for people moving to Simonton Lake
Simonton Lake ZIP code ›Weather and climate ›Living in Simonton Lake: FAQ
What is the median household income in Simonton Lake, IN?
The median household income in Simonton Lake is $75,673, 5% 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 Simonton Lake?
The median home value in Simonton Lake is $266,800, compared with $218,200 in Indiana.
How much is rent in Simonton Lake?
The median gross rent in Simonton Lake is $1,108 per month, about 51% of household income.
Is Simonton Lake, IN a good place to live?
Pluses: median household income 5% higher than the Indiana median; an average commute of 20 minutes; unemployment of 1.7%; a poverty rate of 11.5%. Minuses: home values 22% higher than the state median.
What is the median age in Simonton Lake?
The median age in Simonton Lake is 47 years (Indiana: 38.1).
How long is the commute in Simonton Lake?
The average commute to work in Simonton Lake is 20 minutes; 8.6% of workers work from home.
What is the unemployment rate in Simonton Lake?
The unemployment rate in Simonton Lake is 1.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Simonton Lake?
20.5% of adults in Simonton Lake 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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