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Area data

Laketon, IN — ZIP 46943

Population: 150 (Census ACS)

The median home value in ZIP 46943 (Laketon, IN) is $119,934 — up 1.2% over the past year. Homes sell for a median $123,000 after a median 23 days on market. 1 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with drought, strongwind, tornado the top-rated hazards. Cost of living is 6.7% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$119,934

Median home value

+1.2%

1-year change

23

Median days on market

Very Low

Hazard risk (county)

Home values & appreciation

Median home value
$119,934
1-year appreciation
+1.2%
3-year appreciation
+15.8%
5-year appreciation
+31.8%
10-year appreciation
+106.9%
All-time peak (2026-01)
$126,595
House Price Index (state)
378.8 (+3.5% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$123,000
Median list price
$119,900
Median price per sqft
$106
1-year sale-price change
+23.6%
Median days on market
23 days
Homes sold (recent period)
3
Sale-to-list ratio
99.4%
Active listings
1
1-year forecast
+3.2%

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$759/mo
1BR fair-market rent
$775/mo
2BR fair-market rent
$1,014/mo
3BR fair-market rent
$1,208/mo
4BR fair-market rent
$1,348/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
93.3 (100 = US avg)
Electricity rate (state-level)
16.2¢/kWh
Natural gas rate (state-level)
$11.50/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
1
Elementary schools
0
Middle schools
1
High schools
0
Avg student-teacher ratio
17.5 : 1
Schools include
Manchester Intermediate School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
drought, strongWind, tornado
Notable hazard ratings (county)
hail: Relatively Low · drought: Relatively Moderate · tornado: Relatively Moderate · coldWave: Relatively Low · heatWave: Relatively Low · lightning: Relatively Low
Wildfire risk to homes (county)
Higher than 2% of US counties
Buildings in wildfire direct-exposure zone
40.2%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Lakeland Disposal Service, Inc. (12.7 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
50.0°F
Average high
60.0°F
Average low
40.0°F
Annual precipitation
41.1 in
Annual snowfall
30.3 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
34
Days with Good air quality
323
Days with Moderate air quality
27
Highest AQI recorded (year)
112

Source: EPA air quality data (nearest monitoring station, annual)

Amenities

Airports within 30 mi
28
Nearest airport
Hunter Airport (5 mi)
Nearest major airport
Grissom Air Reserve Base (GUS) (28 mi)
Hospitals nearby (~15 mi)
23
Hospitals include
COMMUNITY HOWARD REGIONAL HEALTH INC., ASCENSION ST VINCENT KOKOMO, MARION GENERAL HOSPITAL
Avg hospital rating (CMS)
3.6 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (3.9 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-25 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,938
Housing built before 1970
89.6%
Housing built 2000 or later
0.0%
Median annual property tax
$538
Households with broadband internet
77.3%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
10,681
Average weekly wage
$1,021
Top industries (by employment)
Accommodation & Food, Wholesale Trade, Construction
Annual residential building permits (county)
93

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 46943State medianUS median
Median home value$119,934$237,748$288,527
Median sale price$123,000$238,000$325,000
Median days on market23 days38 days51 days
Median annual property tax$538$1,179$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 46943?
$119,934.
What is the median sale price in ZIP 46943?
$123,000.
How long do homes take to sell in ZIP 46943?
Median days on market: 23 days.
What is typical rent in ZIP 46943?
2-bedroom fair-market rent: $1,014/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in ZIP 46943?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: drought, strongWind, tornado.
What is the wildfire risk in ZIP 46943?
Risk to homes is higher than 2% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 46943?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 46943?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 46943?
1 schools (1 middle) (NCES, 2022-23).
What is the air quality in ZIP 46943?
Good. Median AQI: 34. (EPA AQI).
What is the cost of living in ZIP 46943?
Regional Price Parity: 93.3 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

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