US > Indiana > Blackford County > Shamrock Lakes, IN

Shamrock Lakes, IN Profile: Facts & Data

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Shamrock Lakes, Indiana - Basic Facts

The Town of Shamrock Lakes had a population of 241 as of July 1, 2020.

The primary coordinate point for Shamrock Lakes is located at latitude 40.4112 and longitude -85.4264 in Blackford County. The formal boundaries for the Town of Shamrock Lakes encompass a land area of 0.26 sq. miles and a water area of 0.06 sq. miles. Blackford County is in the Eastern time zone (GMT -5). The elevation is 886 feet.

The Town of Shamrock Lakes (GNIS ID: 2397652) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Town of Shamrock Lakes is located within Township of Licking, a minor civil division (MCD) of Blackford County.

Alternate Unofficial Names for Shamrock Lakes: Shamrock Lake.

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Shamrock Lakes, IN Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 241 (100%)
Population in Households 241 (100.0%)
Population in Families 203 (84.2%)
Population in Group Quarters1 0
Population Density 916
Diversity Index2 9
 
 

INCOME

Median Household Income $48,741
Average Household Income $64,049
% of Income for Mortgage4 10%
Per Capita Income $27,310
Wealth Index5 64
 

HOUSING

Total HU (Housing Units) 112 (100%)
Owner Occupied HU 87 (77.7%)
Renter Occupied HU 13 (11.6%)
Vacant Housing Units 12 (10.7%)
Median Home Value $120,192
Average Home Value $119,828
Housing Affordability Index3 256
 

HOUSEHOLDS

Total Households 100
Average Household Size 2.41
Family Households 73
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

 2010-2020 2020-2025
Population 0.41% 0.08%
Households 0.61% 0.2%
Families -0.13% 0.0%
Median Household Income   2.28%
Per Capita Income   2.91%
Owner Occupied HU   0.0%

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Shamrock Lakes, IN - Peer Comparisons by Rank and Percentile

The table below compares Shamrock Lakes to the other 679 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 577 15th
Population Density # 457 33rd
Median Household Income # 464 32nd
Housing Affordability Index # 304 45th
Per Capita Income # 269 61st
Diversity Index # 465 32nd

Additional comparisons and rankings can be made with a VERY EASY TO USE Indiana Census Data Comparison Tool.

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