Cost of Living in Country Squire Lakes, IN

Population 3,211 · Indiana · Data vintage 2023

43
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Country Squire Lakes is a smaller Indiana community of around 3000 residents, where median household incomes of $56,806 and housing costs ($29,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. Unemployment has stayed elevated relative to the national figure — 13.8% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Country Squire Lakes is about 55 miles southeast of Indianapolis city (balance), the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 86% lower than Indianapolis city (balance)'s $207,000.

Cost Overview

Housing 9
Rent 94

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Country Squire Lakes

The median home value in Country Squire Lakes is $28,600 — 91% below the national median of $305,000. Median rent runs $1,236/month, 6% lower than the national median of $1,314/month. The median household income of $56,806/year is 24% lower than the US median of $74,580. The local unemployment rate is 13.8%, above the national average of 4.8%. Indiana's top state income tax rate is 3.0% and the combined sales tax is 7.0%. Overall, Country Squire Lakes has a cost of living index of 43 versus the US average of 100, meaning it is 57% less expensive.

🏠 Housing

Median Home Value
$28,600
91% below avg
Median Rent
$1,236/mo
6% below avg
Price-to-Rent Ratio
1.9x
Favors buying
Property Tax Rate
0.8%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$731
1 BR
$783
2 BR
$985
3 BR
$1,286
4 BR
$1,456
Owner-occupied 75.8%
Renter-occupied 24.2%

💰 Estimated Monthly Budget

Rent median rent
$1,236
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,850/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
25.9 min
4% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
4.9%

Commute Mode

Drove alone
84.6%
Carpooled
9.3%
Walked
1.3%
Work from home
4.9%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 3.0%
Total Sales Tax 7.0%
State rate 7.0%
Avg local rate 0.0%
Property Tax 0.8%

💼 Income & Employment

Median Household Income
$56,806
24% below avg
Per Capita Income
$21,686
Unemployment Rate
13.8%
188% above avg
Poverty Rate
20.1%
Labor Force Participation
65.6%

🎓 Education

Bachelor's degree+ 1.5%
Graduate degree 0.4%

👥 Demographics

Median Age 35.3
Male median age 35.9
Female median age 32.4

Frequently Asked Questions

What is the cost of living in Country Squire Lakes, IN?

Country Squire Lakes has a cost index of 43 (100 = national average). It is 57% below the national average.

What is average rent in Country Squire Lakes, IN?

The median gross rent in Country Squire Lakes is $1,236 per month based on 2023 Census data.

What is the average home price in Country Squire Lakes?

The median home value in Country Squire Lakes is $28,600 according to 2023 Census ACS data.

What is the median income in Country Squire Lakes?

The median household income in Country Squire Lakes is $56,806 per year (2023 ACS 5-year estimates).

What is the sales tax in Country Squire Lakes, IN?

The combined state and local sales tax rate in Country Squire Lakes is 7.0%. The Indiana state income tax top rate is 3.0%.

Is Country Squire Lakes, IN affordable?

Yes, Country Squire Lakes is generally considered affordable, with a cost of living index of 43 — about 57% below the US national average of 100.

Country Squire Lakes at a Glance

Population
3,211
Median Income
$56,806
Home Value
$28,600
Median Rent
$1,236/mo
Unemployment
13.8%
Sales Tax
7.0%
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