Lagro town, IN Profile: Facts & Data

Lagro town, Indiana - Basic Facts

The Town of Lagro had a population of 356 as of July 1, 2024.

The primary coordinate point for Lagro town is located at latitude 40.8391 and longitude -85.7276 in Wabash County. The formal boundaries for the Town of Lagro encompass a land area of 0.59 sq. miles and a water area of 0.01 sq. miles.

The Town of Lagro 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 Lagro is located within Township of Lagro, a minor civil division (MCD) of Wabash County.

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Lagro town, IN Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	356 (100%)
Population in Households	356 (100.0%)
Population in Families	295 (82.9%)
Population in Group Quarters¹	0
Population Density	600
Diversity Index²	16


INCOME
Median Household Income	$85,562
Average Household Income	$112,644
% of Income for Mortgage⁴	19%
Per Capita Income	$47,462
Wealth Index⁵	115
Socioeconomic Status Index⁶	Moderate (60.4)

HOUSING
Total HU (Housing Units)	173 (100%)
Owner Occupied HU	135 (78.0%)
Renter Occupied HU	15 ( 8.7%)
Vacant Housing Units	23 (13.3%)
Median Home Value	$262,143
Average Home Value	$310,926
Housing Affordability Index³	135

HOUSEHOLDS
Total Households	150
Average Household Size	2.37
Family Households	104
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

173 (100%)

Owner Occupied HU

135 (78.0%)

Renter Occupied HU

15 ( 8.7%)

Vacant Housing Units

23 (13.3%)

Median Home Value

$262,143

Average Home Value

$310,926

Housing Affordability Index³

135

HOUSEHOLDS

Total Households

150

Average Household Size

2.37

Family Households

104

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.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	0.47%	0.33%
Households	0.00%	0.40%
Families		0.57%
Median Household Income		2.89%
Per Capita Income		2.33%
Owner Occupied HU		0.87%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

0.47%

0.33%

Households

0.00%

0.40%

Families

0.57%

Median Household Income

2.89%

Per Capita Income

2.33%

Owner Occupied HU

0.87%

Lagro town, IN - Peer Comparisons by Rank and Percentile

The table below compares Lagro town 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.

Variable Description	Rank	Percentile
Total Population	# 556	43rd
Population Density	# 607	38th
Median Household Income	# 208	79th
Housing Affordability Index	# 560	57th
Per Capita Income	# 134	86th
Diversity Index	# 578	41st

Variable Description

Rank

Percentile

Total Population

# 556

43rd

Population Density

# 607

38th

Median Household Income

# 208

79th

Housing Affordability Index

# 560

57th

Per Capita Income

# 134

86th

Diversity Index

# 578

41st

Indiana Census Data Comparison Tool

Lagro town, IN Profile: Facts & Data

Lagro town, Indiana - Basic Facts

Lagro town, IN Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Lagro town, IN - Peer Comparisons by Rank and Percentile

Lagro town, IN - Most Popular Things to Do

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