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Laketon, IN

This is a small community in a single neighborhood. As throughout the site, some neighborhood-level data are reserved for subscribers.



Overview

Laketon is a tiny town located in the state of Indiana. With a population of 606 people and just one neighborhood, Laketon is the 385th largest community in Indiana. Much of the housing stock in Laketon was built prior to World War II, making it one of the older and more historic towns in the country.

Occupations and Workforce

Unlike some towns where white-collar or blue-collar occupations dominate the local economy, Laketon is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Laketon is a town of sales and office workers, professionals, and production and manufacturing workers. There are especially a lot of people living in Laketon who work in office and administrative support (28.10%), healthcare (18.61%), and management occupations (13.50%).

Setting & Lifestyle

The overall crime rate in Laketon is one of the lowest in the US. This makes it one of the safer places to live in the country in terms of crime.

It is a fairly quiet town because there are relatively few of those groups of people who have a tendency to be noisy. (Children, for example, often can't help themselves from being noisy, and being parents ourselves, we know!) Laketon has relatively few families with children living at home, and is quieter because of it. Renters and college students, for their own reasons, can also be noisy. Laketon has few renters and college students. But the biggest reason it is quieter in Laketon than in most places in America, is that there are just simply fewer people living here. If you think trees make good neighbors, Laketon may be for you.

Laketon is a small town, and as such doesn't have a public transit system that people use to get to and from their jobs every day.

Demographics

The population of Laketon has one of the lowest overall levels of education in the country: only 2.31% of people over 25 hold a college degree. The national average for all municipalities is 21.84%.

The per capita income in Laketon in 2022 was $43,562, which is wealthy relative to Indiana, and upper middle income relative to the rest of the US. This equates to an annual income of $174,248 for a family of four. However, Laketon contains both very wealthy and poor people as well.

Laketon is a somewhat ethnically-diverse town. The people who call Laketon home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Laketon residents report their race to be White. Important ancestries of people in Laketon include German, Pennsylvania German, English, Irish, and European.

The most common language spoken in Laketon is English. Other important languages spoken here include Italian and Polish.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the neighborhood has a highly unusual pattern of car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 37.7% of the households here have four, five, or more cars. That is more cars per household than in 97.4% of the neighborhoods in the nation.

People

One of the really interesting characteristics about the neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 4.5% of college-friendly places to live in the state of Indiana. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for families with school-aged children.

Real Estate

Uncrowded roads, rural America and space to be the individual you are. If you like these characteristics, this neighborhood may fit you. With just 36 residents per square mile, is less crowded than 91.7% of all U.S. neighborhoods.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the neighborhood in Laketon are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 47.3% of the neighborhoods in America. In addition, 8.5% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 53.3% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the neighborhood, 35.1% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 26.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (18.9%), and 18.0% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the neighborhood is English, spoken by 96.0% of households. Some people also speak Spanish (2.3%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the neighborhood in Laketon, IN, residents most commonly identify their ethnicity or ancestry as German (27.6%). There are also a number of people of English ancestry (9.5%), and residents who report Irish roots (5.8%), and some of the residents are also of French ancestry (1.7%), along with some Asian ancestry residents (1.3%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in neighborhood spend between 30 and 45 minutes commuting one-way to work (32.3% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (83.3%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (8.8%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.

Real Estate includes:
Average Home Values
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Neighborhood Setting
Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
Schools In District
Public School Test Scores
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