Housing data for Heritage Lake, IN
Heritage Lake, IN has an estimated 3,227 residents and 1,534 homes (US Census Bureau, 2020–2024 American Community Survey).
It is an unincorporated community in Putnam County.
2.1% of households rent.
Figures last updated on .
- Residents
- 3,227 (±244)
- Housing units
- 1,534 (±189)
- Households that rent
- 2.1%
- Residents since 2015–2019
- +16.0%
What stands out in Heritage Lake
Households that rent: 2.1% (±2.3 points) in Heritage Lake, lower than in Putnam County (24.6%).
Working from home: 1.8% (±1.8 points) in Heritage Lake, lower than in Putnam County (10.1%).
Homes built before 1980: 14.4% (±7.5 points) in Heritage Lake, lower than in Putnam County (49.1%).
Homes in buildings of 5 or more units: 0.0% (±4.2 points) in Heritage Lake, lower than in Putnam County (6.1%).
Housing in Heritage Lake at a glance
- Renters and owners: 2.1% of households rent (Small sample: wide margin of error)
- Income and affordability: $87,568 median household income
- Home values: $262,900 median home value
- Homeowner costs: $1,526 median monthly cost with a mortgage
- Property taxes: $947 median real estate taxes a year
- Types of homes: 0.0% of homes are in buildings of 5 or more units
- Bedrooms: 93.1% of homes have 3 or more bedrooms (Small sample: wide margin of error)
- Age of homes: 14.4% of homes were built before 1980 (Small sample: wide margin of error)
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 61.6% heat with electricity
- Commute and cars: 30.2 minutes average trip to work
- Growth: +16.0% residents since 2015–2019
- How long people stay: 17.1% moved in since 2020
- Crowding and facilities: 0.0% of homes have more than 1 person per room (Small sample: wide margin of error)
Heritage Lake against Putnam County, its state and the nation
| Heritage Lake | Putnam County | Indiana | United States | |
|---|---|---|---|---|
| Residents | 3,227 (±244) | 37,280 (exact) | 6,851,073 (exact) | 334,922,499 |
| Housing units | 1,534 (±189) | 15,268 (±89) | 2,976,568 (±617) | 143,775,355 |
| Households that rent | 2.1% (±2.3 points) | 24.6% (±2.7 points) | 29.4% (±0.3 points) | 34.8% |
| Median gross rent | — | $884 (±$41) | $1,062 (±$5) | $1,413 |
| Median household income | $87,568 (±$11,600) | $78,378 (±$6,390) | $71,957 (±$352) | $80,734 |
| Median home value | $262,900 (±$26,825) | $218,900 (±$9,627) | $218,200 (±$739) | $332,700 |
| Median real estate taxes (a year) | $947 (±$265) | $1,042 (±$68) | $1,614 (±$9) | $3,119 |
| Built before 1980 | 14.4% (±7.5 points) | 49.1% (±3.6 points) | 55.0% (±0.3 points) | 49.7% |
| Average commute | 30.2 minutes (±5.2) | 27.5 minutes (±1.3) | 24.1 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 95.1% (±4.2 points) | 88.7% (±1.9 points) | 89.9% (±0.2 points) | 91.0% |
| Median age of residents | 33.9 years (±5.8) | 38.4 years (±0.4) | 38.1 years (±0.2) | 38.9 years |
Heritage Lake covers 3.0 square miles of land, about 1,071 residents per square mile (Census Bureau Gazetteer).
How Heritage Lake has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 2,782 (±510) | 3,227 (±244) | +16.0% | Not a measurable change |
| Housing units | 1,475 (±224) | 1,534 (±189) | +4.0% | Not a measurable change |
| Median home value | $150,700 (±$24,403) | $262,900 (±$26,825) | +74.5% | Up after inflation |
| Median household income | $69,205 (±$12,857) | $87,568 (±$11,600) | +26.5% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,163 (±$86) | $1,526 (±$136) | +31.2% | No measurable change after inflation |
| Median real estate taxes | $795 (±$244) | $947 (±$265) | +19.1% | No measurable change after inflation |
| Households that rent | 13.0% (±9.5 points) | 2.1% (±2.3 points) | −10.9 percentage points | Measurable decrease |
| Rental vacancy rate | 0.0% (±19.7 points) | 0.0% (±58.2 points) | 0.0 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Places near Heritage Lake
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Floyd Township | 1.4 mi | — | $263,700 | 2.4% |
| Coatesville | 3.9 mi | $1,227 | $180,400 | 12.3% |
| Marion Township (Hendricks County) | 4.3 mi | — | $314,600 | 4.1% |
| Fillmore | 5.3 mi | $1,125 | $110,000 | 26.5% |
| Clay Township (Hendricks County) | 5.7 mi | $1,179 | $229,900 | 4.5% |
| Bainbridge | 5.8 mi | $965 | $180,500 | 25.9% |
| Jackson Township (Putnam County) | 5.8 mi | $229 | $176,900 | 10.8% |
| Amo | 6.0 mi | $1,000 | $168,100 | 8.8% |
HUD Fair Market Rent for Heritage Lake, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $790 | $905 | $1,056 | $1,462 | $1,742 |
HUD income limits for Heritage Lake, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $19,650 | $32,750 | $52,400 |
| 2 people | $22,450 | $37,400 | $59,850 |
| 3 people | $27,320 | $42,100 | $67,350 |
| 4 people | $33,000 | $46,750 | $74,800 |
| 5 people | $38,680 | $50,500 | $80,800 |
| 6 people | $44,360 | $54,250 | $86,800 |
| 7 people | $50,040 | $58,000 | $92,800 |
| 8 people | $55,720 | $61,750 | $98,750 |
These are the limits HUD sets for its housing programs in the Putnam County, IN, where HUD’s median family income for fiscal year 2026 is $93,500.
A program can use its own limits; tax-credit and local programs often do.
Heritage Lake is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Heritage Lake
What is the median household income in Heritage Lake?
The median household income in Heritage Lake is $87,568 (±$11,600) a year (2020–2024 American Community Survey).
What is the average home value in Heritage Lake, IN?
The Census Bureau publishes the median: $262,900 (±$26,825) for owner-occupied homes in Heritage Lake (2020–2024 American Community Survey).
What is the average mortgage payment in Heritage Lake?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Heritage Lake, IN is $1,526 (±$136) a month, including taxes, insurance and utilities.
How much are property taxes in Heritage Lake?
The median real estate tax paid by homeowners in Heritage Lake, IN is $947 (±$265) a year (2020–2024 American Community Survey).
How many homes are in Heritage Lake?
Heritage Lake, IN has an estimated 1,534 (±189) housing units, occupied and vacant (2020–2024 American Community Survey).
What is the most common way to heat a home in Heritage Lake?
Electricity is the most common heating fuel in Heritage Lake, used by 61.6% of occupied homes (2020–2024 American Community Survey).
Is Heritage Lake growing?
In Heritage Lake, the number of residents went from 2,782 in 2015–2019 to 3,227 in 2020–2024 (+16.0%), not a measurable change.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Heritage Lake CDP, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Heritage Lake CDP, Indiana
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Heritage Lake CDP, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Heritage Lake CDP, Indiana
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Heritage Lake CDP, Indiana
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Heritage Lake CDP, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Heritage Lake CDP, Indiana
- HUD Fair Market Rents, fiscal year 2027: Putnam County, IN
- HUD Income Limits, fiscal year 2026: Putnam County, IN
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Heritage Lake CDP, Indiana (place:33187, in state:18).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .