Cedar Lake is a somewhat small town located in the state of Indiana. With a population of 15,592 people and four associated neighborhoods, Cedar Lake is the 64th largest community in Indiana. Cedar Lake has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Cedar Lake, where the median household income is $84,444.00.
Cedar Lake real estate is some of the most expensive in Indiana, although Cedar Lake house values don't compare to the most expensive real estate in the U.S.
Because of many things, Cedar Lake is a great place for families with children to consider. First of all, many other families with children live here, making Cedar Lake a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Cedar Lake has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Cedar Lake’s overall crime rate is lower than average for the country.
One downside of living in Cedar Lake is that it can take a long time to commute to work. In Cedar Lake, the average commute to work is 33.94 minutes, which is quite a bit higher than the national average.
The education level of Cedar Lake citizens is a little higher than the average for US cities and towns: 22.67% of adults in Cedar Lake have at least a bachelor's degree.
The per capita income in Cedar Lake in 2022 was $39,906, which is wealthy relative to Indiana, and upper middle income relative to the rest of the US. This equates to an annual income of $159,624 for a family of four. However, Cedar Lake contains both very wealthy and poor people as well.
The people who call Cedar Lake home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Cedar Lake residents report their race to be White, followed by Asian. Important ancestries of people in Cedar Lake include German, Irish, Polish, Italian, and English.
The most common language spoken in Cedar Lake is English. Other important languages spoken here include Slavic languages and Spanish.