Living in Tri-Lakes, Indiana
Cost of living, income, home prices, rent and demographics of Tri-Lakes · Census data 2020–2024
Tri-Lakes has 1,025 residents with a median age of 54.1. The median household income is $115,250 (60% higher than the Indiana median), the median home value is $323,500.
Tri-Lakes is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Tri-Lakes at a glance
- Population
- 1,025
- Median age
- 54.1State: 38.1
- Median household income
- $115,250State: $71,957
- Median home value
- $323,500State: $218,200
- Homeowners
- 98.3%
- Bachelor's degree or higher
- 41.8%
- Average commute
- 29 min
Is Tri-Lakes a good place to live?
Pros: Median household income 60% higher than the Indiana median; a poverty rate of 4.7%.
Cons: Home values 48% higher than the state median; an average commute of 29 minutes.
The weather is best in June to September.
Cost of living in Tri-Lakes
Housing is the biggest part of the cost of living. In Tri-Lakes the median home value is $323,500, about the same as the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,621 a month in housing costs.
Tri-Lakes median household income
The median household income in Tri-Lakes is $115,250 and the income per person is $57,924. 4.7% of residents live below the poverty line (Indiana: 12.3%).
Housing in Tri-Lakes: homes for sale and rent
- Housing units
- 686
- Owner-occupied
- 98.3%
- Renter-occupied
- 1.7%
- Vacant
- 31.8%Includes seasonal homes
- Median year built
- 1985
- Average household size
- 2.19
31.8% of homes are vacant most of the year, a sign that Tri-Lakes has many vacation and second homes.
Tri-Lakes demographics
- Population
- 1,025
- Median age
- 54.1
- Under 18
- 15.7%
- 65 and older
- 24%
- Households
- 468
- Foreign-born
- 0%
- Veterans
- 0%Adults 18+
Hispanic or Latino can be of any race. Population history of Tri-Lakes ›
Education in Tri-Lakes
41.8% of adults 25 and older in Tri-Lakes have a bachelor's degree or higher (Indiana: 29.5%), and 16.7% have a graduate or professional degree.
Jobs and commute in Tri-Lakes
- Unemployment rate
- 0%State: 4.3%
- Average commute
- 29 minState: 24 min
- Work from home
- 16.5%
- Drive alone
- 83.5%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 95.1%
Tri-Lakes vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Tri-Lakes | 1,025 | $115,250 | $323,500 | — |
| Big Lake | 445 | $130,341 | $251,400 | — |
| Bear Lake | 144 | $29,135 | $106,900 | — |
| Columbia City | 9,897 | $68,089 | $189,100 | $963 |
| Churubusco | 1,757 | $65,086 | $152,300 | $683 |
| Coesse | 154 | $93,750 | $166,100 | — |
| Lake Everett | 368 | $80,903 | $254,300 | — |
| Larwill | 425 | $56,528 | $101,400 | $1,300 |
| Albion | 2,723 | $70,565 | $142,700 | $962 |
More for people moving to Tri-Lakes
Tri-Lakes ZIP code ›Weather and climate ›Living in Tri-Lakes: FAQ
What is the median household income in Tri-Lakes, IN?
The median household income in Tri-Lakes is $115,250, 60% 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 Tri-Lakes?
The median home value in Tri-Lakes is $323,500, compared with $218,200 in Indiana.
Is Tri-Lakes, IN a good place to live?
Pluses: median household income 60% higher than the Indiana median; a poverty rate of 4.7%. Minuses: home values 48% higher than the state median; an average commute of 29 minutes.
What is the median age in Tri-Lakes?
The median age in Tri-Lakes is 54.1 years (Indiana: 38.1).
How long is the commute in Tri-Lakes?
The average commute to work in Tri-Lakes is 29 minutes; 16.5% of workers work from home.
What is the unemployment rate in Tri-Lakes?
The unemployment rate in Tri-Lakes is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Tri-Lakes?
41.8% of adults in Tri-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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