Heritage Lake, IN demographics:
population, income, and more

Total population
3,227
10.8% year-over-year change
Median household income
$87,568/yr
7.5% year-over-year change
Housing units
1,534
-1.9% year-over-year change

Heritage Lake population

How many people live in Heritage Lake

Heritage Lake is home to 3,227 residents, according to the most recent Census data. Gender-wise, 48.4% of Heritage Lake locals are male, and 51.6% are female.

Total population
3,227
10.8% year-over-year change
Gender ratio
Male
48.4%
1,561
Female
51.6%
1,666
Value Percent YoY change
Male 1,561 48.4% 12.0%
Female 1,666 51.6% 9.7%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Heritage Lake is 34, with the population distributed as follows: about 19.6% are children under 15, then 7% are in the 15 to 24 age group. Adults between 25 and 44 make up 33.6% of the population, while another 26.4% fall into the 45 to 64 bracket. Finally, around 13.5% are 65 or older.

Median age
33.9
Age breakdown
Under 15
19.6%
15 to 24
7%
25 to 44
33.6%
45 to 64
26.4%
Over 65
13.5%
Value Percent YoY change
Under 15 632 19.6% 21.3%
15 to 24 226 7% 22.2%
25 to 44 1,083 33.6% -3.1%
45 to 64 851 26.4% 18.4%
Over 65 435 13.5% 17.6%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Heritage Lake, 98.1% of the population are US-born citizens, while 1.9% have gained naturalized citizenship.

Citizenship
U.S.-born citizens
98.1%
Non-U.S.-born citizens
1.9%
Non-citizens
0%
Value Percent YoY change
U.S.-born citizens 3,165 98.1% 11.3%
Non-U.S.-born citizens 62 1.9% -10.1%
Racial breakdown
White
99.4%
Black or African American
0%
American Indian and Alaska Native
0.3%
Asian
0.1%
Native Hawaiian and other Pacific Islander
0%
Two or more races
0%
Other
0.2%
Value Percent
White 3,206 99.4%
American Indian and Alaska Native 10 0.3%
Asian 4 0.1%
Other 7 0.2%

Households in Heritage Lake

A peek inside Heritage Lake households

Heritage Lake has 1,426 households, with an average of 2 members in each. Of these, 81.2% are families, while the remaining 18.8% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
1,426
3.9% year-over-year change
Average people per household
2
Non-family households
268
Family households
1,158
Value Percent YoY change
Non-family households 268 18.8% -18.8%
Family households 1,158 81.2% 11.0%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Heritage Lake

The housing landscape of Heritage Lake

Heritage Lake's housing consists of 1,534 units, with 98.1% being detached single-family homes ideal for those wanting space. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 1.9% of the housing landscape.

Housing units
1,534
-1.9% year-over-year change
Housing types
Value Percent
1 unit, detached 1,505 98.1%
Mobile home 29 1.9%
Homes built since 2020
80
81.8% year-over-year change

The age of buildings in Heritage Lake

In Heritage Lake, the median construction year is 1995. Most development happened in the second half of the 20th century. Then, 17.3% of homes were added from 2000 to 2009, 10.9% between 2010 and 2019, and 5.2% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built between 1950 and 1959 40 2.6% 233.3%
Built between 1970 and 1979 181 11.8% -6.7%
Built between 1980 and 1989 295 19.2% 2.1%
Built between 1990 and 1999 506 33% -16.6%
Built between 2000 and 2009 265 17.3% 10.9%
Built between 2010 and 2019 167 10.9% 4.4%
Built in 2020 or later 80 5.2% 81.8%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Heritage Lake occupancy rates

Out of the 1,426 occupied housing units in Heritage Lake, 97.9% are owner-occupied, while 2.1% are lived in by tenants. Meanwhile, 7% of all homes on the local market sit vacant.

Occupied housing units
1,426
3.9% year-over-year change
Occupancy breakdown
Renter occupied
30
Owner occupied
1,396
Value Percent YoY
change
Renter occupied 30 2.1% -14.3%
Owner occupied 1,396 97.9% 4.3%
Unoccupied housing units
7.0%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Heritage Lake housing costs

Median housing costs per month
$1,383/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.

Education in Heritage Lake

Heritage Lake education at a glance

About 32.3% of the population in Heritage Lake went to high school, while 33.6% pursued college studies. Another 8.9% earned an associate degree and 19.8% hold a bachelor’s. Meanwhile, 4.1% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 32 1.3% N/A
High school diploma 818 32.3% 10.2%
College diploma 850 33.6% -2.6%
Associate degree 226 8.9% -11.0%
Bachelor's degree 502 19.8% 20.1%
Graduate degree 104 4.1% 160.0%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Heritage Lake

How much people earn in Heritage Lake

The average annual household income in Heritage Lake was $98,704 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +2.4% change from the previous year. At the same time, the median income stood at $87,568, reflecting a +7.4% shift over the same period.

Average household income in Heritage Lake
$98,704/year
2.4% year-over-year change
Median household income in Heritage Lake
$87,568/year
7.5% year-over-year change

Heritage Lake income by age

In Heritage Lake, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $82,000. Those with someone between 45 and 64 in charge, often well established professionally, earn $120,258 overall. Overall, 86.4% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $82,000 2.5%
45 - 64 $120,258 2.2%
Over 65 $62,805 13.0%
Above poverty level
2,729
Below poverty level
429
Value Percent YoY
change
Above poverty level 2,729 86.4% 8.2%
Below poverty level 429 13.6% 29.6%

Average renter income in Heritage Lake

To get a better sense of what renters earn on average in Heritage Lake, their median household income was $59,947 according to 2022 Census data.

Renter median household income
$59,947
Rent-to-income ratio
0%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Heritage Lake

Workforce and job types in Heritage Lake

The job market in Heritage Lake is powered by 1,718 working residents, spread across a range of industries and roles. 57.7% of the working population are employed in professional or administrative positions, while 42.3% are in hands-on or service-based jobs. Also, 8.4% run their own businesses, 73% are employed by private companies, and 9.1% work in the public sector.

Workforce demographics

Working population
1,718
4.8% year-over-year change
White collar
991
Blue collar
727
Value Percent YoY change
White collar 991 57.7% 0.1%
Blue collar 727 42.3% 11.8%
Employer type
Self employees
8.4%
Private companies
73%
Governmental workers
9.1%
Not for profit companies
9.6%
Value Percent YoY change
Self employees 144 8.4% -35.7%
Private companies 1,254 73% 15.8%
Governmental workers 156 9.1% -9.3%
Not for profit companies 164 9.6% 1.9%
Unemployment rate
3.5%
-3.1% year-over-year change

Available workforce

The unemployment rate in Heritage Lake stands at 3.5%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Heritage Lake

How people get around in Heritage Lake

Means of transportation
Value Percent YoY change
Car 1,672 97.8% 8.2%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

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FAQs about Heritage Lake demographics 

What is the total population of Heritage Lake?

Heritage Lake has a total population of 3,227 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +10.8% compared to a year ago.

What is the gender ratio in Heritage Lake?

The gender ratio in Heritage Lake is as follows:
  • 48.4% males (1,561 residents)
  • 51.6% females (1,666 residents)

What is the median age in Heritage Lake?

The median age in Heritage Lake is 33.9.

What is the age distribution of the population in Heritage Lake?

The age distribution in Heritage Lake is as follows:
  • Under 15: 19.6% (632 residents)
  • Ages 15-24: 7% (226 residents)
  • Ages 25-44: 33.6% (1,083 residents)
  • Ages 45-64: 26.4% (851 residents)
  • Over 65: 13.5% (435 residents)

What is the racial and ethnic makeup of Heritage Lake?

The racial and ethnic makeup of Heritage Lake is as follows:
  • White: 99.4% (3,206 residents)
  • Black or African American: 0% (0 residents)
  • American Indian and Alaska Native: 0.3% (10 residents)
  • Asian: 0.1% (4 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 0% (0 residents)
  • Other: 0.2% (7 residents)

What percentage of the population in Heritage Lake are U.S.-born citizens?

U.S.-born citizens represent 98.1% of the population in Heritage Lake.

How many housing units are there in Heritage Lake?

There are 1,534 housing units in Heritage Lake, reflecting a -1.9% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Heritage Lake and what is the average household size?

Heritage Lake has a total of 1,426 households, with an average of 2 people in each.

What is the median household income in Heritage Lake?

Heritage Lake has a median household income of $87,568, representing a +7.5% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Heritage Lake?

The employment rate is 96.5% in Heritage Lake, with a workforce of 1,718 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 57.7% (991 residents)
  • Blue-collar workers: 42.3% (727 residents)

Places of employment:
  • Self-employed: 8.4% (144 residents)
  • Private companies: 73% (1,254 residents)
  • Governmental workers: 9.1% (156 residents)
  • Not-for-profit companies: 9.6% (164 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025