Is Lake Township (Newton County), IN growing?
Lake Township (Newton County), IN had an estimated 2,185 (±342) residents in 2020–2024, against 2,356 in 2015–2019.
That is a change of −7.3%, not a measurable change.
Its housing went from 1,084 to 1,053 homes (−2.9%), not a measurable change.
1.5% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 2,185 (±342)
- Amount of change
- −7.3%
- Homes change
- −2.9%
- Built 2020 or later
- 1.5%
Residents and homes in Lake Township (Newton County), 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 2,356 (±484) | 2,185 (±342) | −7.3% | Not a measurable change |
| Housing units | 1,084 (±118) | 1,053 (±153) | −2.9% | Not a measurable change |
| Households that rent | 7.9% (±6.6 points) | 20.9% (±13.4 points) | +13.0 percentage points | Not a measurable change |
| Median home value | $133,200 (±$17,505) | $226,600 (±$31,148) | +70.1% | Up after inflation |
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.
Growth in Lake Township (Newton County) against Newton County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Lake Township (Newton County) | −7.3% | Not a measurable change | −2.9% |
| Newton County | −0.5% | Measurable decrease | +0.1% |
| Indiana | +2.8% | Measurable increase | +3.1% |
| United States | +3.1% | Measurable increase | +4.6% |
A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.
New homes in Lake Township (Newton County)
| Year built | Lake Township (Newton County) | Newton County | Indiana | United States |
|---|---|---|---|---|
| 2020 or later | 1.5% (±2.5 points) | 1.3% | 1.7% | 2.0% |
| 2010 to 2019 | 2.2% (±3.1 points) | 2.1% | 8.0% | 9.4% |
| 2000 to 2009 | 5.0% (±5.0 points) | 9.4% | 12.3% | 13.6% |
3.7% of the homes in Lake Township (Newton County) were built in 2010 or later.
The median age of residents is 51.5 years.
Growth in places near Lake Township (Newton County)
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Lake Township (Newton County) | — | 2,185 | −7.3% | Not a measurable change |
| Schneider | 4.2 mi | 230 | −1.7% | Not a measurable change |
| McClellan Township | 6.2 mi | 228 | +44.3% | Not a measurable change |
| Momence Township | 7.1 mi | 3,519 | −3.7% | Measurable decrease |
| Lincoln Township (Newton County) | 7.2 mi | 4,605 | +3.4% | Measurable increase |
| Pembroke Township | 8.1 mi | 1,698 | −0.6% | Not a measurable change |
| West Creek Township | 8.5 mi | 7,843 | +15.0% | Measurable increase |
| Hopkins Park | 8.6 mi | 627 | +17.0% | Not a measurable change |
| Roselawn | 9.0 mi | 3,417 | −13.6% | Not a measurable change |
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 Lake Township (Newton County)
Is Lake Township (Newton County) growing?
Lake Township (Newton County), IN had an estimated 2,185 residents in 2020–2024 and 2,356 in 2015–2019, a change of −7.3%: not a measurable change by the Census Bureau’s test.
How many homes have been added in Lake Township (Newton County)?
The estimated number of housing units went from 1,084 in 2015–2019 to 1,053 in 2020–2024 (−2.9%), not a measurable change.
How much new construction is there in Lake Township (Newton County)?
1.5% of homes in Lake Township (Newton County) were built in 2020 or later and 2.2% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Lake township, Newton County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake township, Newton County, Indiana
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Lake township, Newton County, Indiana
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Lake township, Newton County, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lake township, Newton County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake township, Newton County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lake township, Newton County, Indiana
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Lake township, Newton County, Indiana (county subdivision:40968, in state:18 county:111).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M
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 .
Related
- Housing in Lake Township (Newton County) at a glance
- Median rent in Lake Township (Newton County)
- Rent burden in Lake Township (Newton County)
- Home values in Lake Township (Newton County)
- Homeowner costs in Lake Township (Newton County)
- Property taxes in Lake Township (Newton County)
- Types of homes in Lake Township (Newton County)
- Bedrooms in Lake Township (Newton County)
- Age of homes in Lake Township (Newton County)
- Heating fuel in Lake Township (Newton County)
- Commute and cars in Lake Township (Newton County)
- Fair Market Rent in Lake Township (Newton County)
- Indiana landlord and tenant rules
- Housing across Newton County
- Housing data for every place in Indiana