Michiana Shores, IN Profile: Facts & Data

The Town of Michiana Shores had a population of 310 as of July 1, 2024. Michiana Shores ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Indiana. See peer rankings below.

The primary coordinate point for Michiana Shores is located at latitude 41.7559 and longitude -86.8167 in LaPorte County. The formal boundaries for the Town of Michiana Shores encompass a land area of 0.35 sq. miles and a water area of 0 sq. miles. LaPorte County is in the Central time zone (GMT -6).

The Town of Michiana Shores 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.

Michiana Shores, IN Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	310 (100%)
Population in Households	310 (100.0%)
Population in Families	261 (84.2%)
Population in Group Quarters¹	0
Population Density	890
Diversity Index²	27


INCOME
Median Household Income	$131,303
Average Household Income	$195,079
% of Income for Mortgage⁴	19%
Per Capita Income	$91,876
Wealth Index⁵	255
Socioeconomic Status Index⁶	High (73.4)

HOUSING
Total HU (Housing Units)	355 (100%)
Owner Occupied HU	136 (38.3%)
Renter Occupied HU	10 ( 2.8%)
Vacant Housing Units	209 (58.9%)
Median Home Value	$404,348
Average Home Value	$484,191
Housing Affordability Index³	129

HOUSEHOLDS
Total Households	146
Average Household Size	2.12
Family Households	100
Average Family Size	3.00

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.

Michiana Shores, IN - Peer Comparisons by Rank and Percentile

The table below compares Michiana Shores 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	0.31%	0.51%
Households	-1.55%	0.41%
Families		-0.81%
Median Household Income		2.81%
Per Capita Income		3.24%
Owner Occupied HU		0.44%

Variable Description	Rank	Percentile
Total Population	# 584	40th
Population Density	# 488	50th
Median Household Income	# 17	98th
Housing Affordability Index	# 498	51st
Per Capita Income	# 6	99th
Diversity Index	# 227	77th

Michiana Shores, IN Profile: Facts & Data

Michiana Shores, Indiana - Basic Facts

Michiana Shores, IN Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Michiana Shores, IN - Peer Comparisons by Rank and Percentile

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