Lake Bruce, IN Profile: Facts & Data

The Lake Bruce CDP⁽¹⁾ had a population of 165 as of July 1, 2024. Lake Bruce ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Indiana. See peer rankings below.

The primary coordinate point for Lake Bruce is located at latitude 41.0703 and longitude -86.4644 in Fulton County. Fulton County is in the Eastern time zone (GMT -5).

The Lake Bruce Census Designated Place is located within Township of Union, a minor civil division (MCD) of Fulton County.

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Lake Bruce, IN Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	165 (100%)
Population in Households	165 (100.0%)
Population in Families	123 (74.5%)
Population in Group Quarters¹	0
Population Density	282
Diversity Index²	20


INCOME
Median Household Income	$55,924
Average Household Income	$62,984
% of Income for Mortgage⁴	17%
Per Capita Income	$35,500
Wealth Index⁵	47
Socioeconomic Status Index⁶	Moderate (52.7)

HOUSING
Total HU (Housing Units)	172 (100%)
Owner Occupied HU	87 (50.6%)
Renter Occupied HU	6 ( 3.5%)
Vacant Housing Units	79 (45.9%)
Median Home Value	$155,357
Average Home Value	$198,851
Housing Affordability Index³	148

HOUSEHOLDS
Total Households	93
Average Household Size	1.77
Family Households	62
Average Family Size	2.00

NOTES

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.
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.
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.
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).
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.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Lake Bruce, IN - Peer Comparisons by Rank and Percentile

The table below compares Lake Bruce to the other 976 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2024 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.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	3.09%	0.24%
Households	-0.74%	0.00%
Families		-0.32%
Median Household Income		-0.37%
Per Capita Income		2.46%
Owner Occupied HU		-0.46%

Variable Description	Rank	Percentile
Total Population	# 714	27th
Population Density	# 787	19th
Median Household Income	# 772	21st
Housing Affordability Index	# 662	68th
Per Capita Income	# 456	53rd
Diversity Index	# 398	59th

Lake Bruce, IN Profile: Facts & Data

Lake Bruce, Indiana - Basic Facts

Lake Bruce, IN Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Lake Bruce, IN - Peer Comparisons by Rank and Percentile

Lake Bruce, IN - Most Popular Things to Do

Use HTL Address Research for a Indiana Address and get...

Quick & Easy Ways to...

Indiana Census Data Comparison Tool

Fulton County