Lake Clearwater, Indianapolis, IN demographics:
population, income, and more

Total population
2,379
-0.2% year-over-year change
Median household income
$75,156/yr
6.3% year-over-year change
Housing units
1,427
0.7% year-over-year change

Lake Clearwater population

How many people live in Lake Clearwater

Lake Clearwater is home to 2,379 residents, according to the most recent Census data. Gender-wise, 48.8% of Lake Clearwater locals are male, and 51.2% are female.

Total population
2,379
-0.2% year-over-year change
Gender ratio
Male
48.8%
1,162
Female
51.2%
1,218
Value Percent YoY change
Male 1,162 48.8% 1.5%
Female 1,218 51.2% -1.7%
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 Lake Clearwater is 37, with the population distributed as follows: about 13.5% are children under 15, then 11.9% are in the 15 to 24 age group. Adults between 25 and 44 make up 31.8% of the population, while another 24.6% fall into the 45 to 64 bracket. Finally, around 18.1% are 65 or older.

Median age
37.3
Age breakdown
Under 15
13.5%
15 to 24
11.9%
25 to 44
31.8%
45 to 64
24.6%
Over 65
18.1%
Value Percent YoY change
Under 15 322 13.5% -1.2%
15 to 24 284 11.9% 2.5%
25 to 44 757 31.8% -0.3%
45 to 64 586 24.6% -1.5%
Over 65 431 18.1% 0.9%
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 Lake Clearwater, 91.2% of the population are US-born citizens, while 4.7% have gained naturalized citizenship. At the same time, 4.1% of residents are non-citizens. As for race, 77.2% of locals are Caucasian, 8% are African American and 4.8% have Asian roots. Another 0.1% are Indigenous American, 0.1% are Pacific Islanders, while 3.4% identify as another race. There’s also a share of 6.4% that includes residents with two or more races.

Citizenship
U.S.-born citizens
91.2%
Non-U.S.-born citizens
4.7%
Non-citizens
4.1%
Value Percent YoY change
U.S.-born citizens 2,170 91.2% -1.3%
Non-U.S.-born citizens 111 4.7% 11.0%
Non-citizens 98 4.1% 16.7%
Racial breakdown
White
77.2%
Black or African American
8%
American Indian and Alaska Native
0.1%
Asian
4.8%
Native Hawaiian and other Pacific Islander
0.1%
Two or more races
6.4%
Other
3.4%
Value Percent
White 1,836 77.2%
Black or African American 191 8%
American Indian and Alaska Native 2 0.1%
Asian 114 4.8%
Native Hawaiian and other Pacific Islander 2 0.1%
Two or more races 152 6.4%
Other 81 3.4%

Households in Lake Clearwater

A peek inside Lake Clearwater households

Lake Clearwater has 1,219 households, with an average of 2 members in each. Of these, 43.4% are families, while the remaining 56.6% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
1,219
-0.4% year-over-year change
Average people per household
2
Non-family households
690
Family households
529
Value Percent YoY change
Non-family households 690 56.6% -4.3%
Family households 529 43.4% 5.2%
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 Lake Clearwater

The housing landscape of Lake Clearwater

Lake Clearwater's housing consists of 1,427 units, with 38.9% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 6% and offer a more compact, shared living style.

Housing units
1,427
0.7% year-over-year change
Housing types
Value Percent
1 unit, detached 556 38.9%
1 unit, attached 86 6%
2 units 23 1.6%
3 or 4 units 236 16.5%
5 to 9 units 159 11.1%
10 to 19 units 69 4.8%
20 to 49 units 100 7%
50 or more units 199 13.9%
Homes built since 2020
3
0.0% year-over-year change

The age of buildings in Lake Clearwater

In Lake Clearwater, the median construction year is 1979. About 3.8% of homes were built before the 1940s, with another 4.6% going up by 1949. Most development happened in the second half of the 20th century. Then, 6.9% of homes were added from 2000 to 2009, 11.4% between 2010 and 2019, and 0.2% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 54 3.8% 1.9%
Built between 1940 and 1949 66 4.6% 4.8%
Built between 1950 and 1959 246 17.2% 5.1%
Built between 1960 and 1969 185 13% 5.1%
Built between 1970 and 1979 172 12% -3.4%
Built between 1980 and 1989 280 19.6% -9.4%
Built between 1990 and 1999 160 11.2% -7.0%
Built between 2000 and 2009 98 6.9% 30.7%
Built between 2010 and 2019 163 11.4% 5.2%
Built in 2020 or later 3 0.2% 0.0%
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.

Lake Clearwater occupancy rates

Out of the 1,219 occupied housing units in Lake Clearwater, 45.9% are owner-occupied, while 54.1% are lived in by tenants. Meanwhile, 14.6% of all homes on the local market sit vacant.

Occupied housing units
1,219
-0.4% year-over-year change
Occupancy breakdown
Renter occupied
659
Owner occupied
560
Value Percent YoY
change
Renter occupied 659 54.1% -2.4%
Owner occupied 560 45.9% 2.0%
Unoccupied housing units
14.6%
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.

Lake Clearwater housing costs

Housing costs in Lake Clearwater come to a median of $1,402 per month, while tenants specifically pay a median gross rent of $1,311.

Median housing costs per month
$1,402/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.
Median gross rent in Lake Clearwater
$1,311/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Lake Clearwater

Lake Clearwater education at a glance

About 16.2% of the population in Lake Clearwater went to high school, while 17% pursued college studies. Another 5.2% earned an associate degree and 38.4% hold a bachelor’s. Meanwhile, 21.6% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 32 1.6% -8.6%
High school diploma 320 16.2% -5.6%
College diploma 337 17% -8.4%
Associate degree 102 5.2% -19.7%
Bachelor's degree 759 38.4% 5.6%
Graduate degree 428 21.6% 7.3%
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 Lake Clearwater

How much people earn in Lake Clearwater

The average annual household income in Lake Clearwater was $119,250 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +2.7% change from the previous year. At the same time, the median income stood at $75,156, reflecting a +6.3% shift over the same period.

Average household income in Lake Clearwater
$119,250/year
2.7% year-over-year change
Median household income in Lake Clearwater
$75,156/year
6.3% year-over-year change

Lake Clearwater income by age

In Lake Clearwater, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $86,085. Those with someone between 45 and 64 in charge, often well established professionally, earn $87,656 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $44,340, while those led by someone over 65, many of whom may be retired, have about $56,860 in earnings. Overall, 91.4% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $44,340 19.4%
25 - 44 $86,085 8.0%
45 - 64 $87,656 7.7%
Over 65 $56,860 3.1%
Above poverty level
2,140
Below poverty level
200
Value Percent YoY
change
Above poverty level 2,140 91.4% 0.7%
Below poverty level 200 8.6% -10.3%

Employment in Lake Clearwater

Workforce and job types in Lake Clearwater

89.2% of the working population are employed in professional or administrative positions, while 10.8% are in hands-on or service-based jobs. Also, 8.4% run their own businesses, 69% are employed by private companies, and 10.6% work in the public sector.

Workforce demographics

White collar
1,231
Blue collar
149
Value Percent YoY change
White collar 1,231 89.2% 1.1%
Blue collar 149 10.8% -8.0%
Employer type
Self employees
8.4%
Private companies
69%
Governmental workers
10.6%
Not for profit companies
12%
Value Percent YoY change
Self employees 116 8.4% -10.8%
Private companies 952 69% -1.2%
Governmental workers 146 10.6% 9.0%
Not for profit companies 166 12% 10.7%

Transportation in Lake Clearwater

How people get around in Lake Clearwater

Commuting methods vary: 98.2% of residents travel by personal vehicle and 1.2% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 1,060 98.2% -2.6%
Taxicab 4 0.4% 0.0%
Bicycle 3 0.3% 50.0%
Walk 13 1.2% -13.3%
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.

What is the median and average household income in Lake Clearwater by zipcode?

Zipcode Population Number of households Median income Average income
46240 19,595 10,041 $75,156 $119,328

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FAQs about Lake Clearwater demographics 

What is the total population of Lake Clearwater?

Lake Clearwater has a total population of 2,379 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 -0.2% compared to a year ago.

What is the gender ratio in Lake Clearwater?

The gender ratio in Lake Clearwater is as follows:
  • 48.8% males (1,162 residents)
  • 51.2% females (1,218 residents)

What is the median age in Lake Clearwater?

The median age in Lake Clearwater is 37.3.

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

The age distribution in Lake Clearwater is as follows:
  • Under 15: 13.5% (322 residents)
  • Ages 15-24: 11.9% (284 residents)
  • Ages 25-44: 31.8% (757 residents)
  • Ages 45-64: 24.6% (586 residents)
  • Over 65: 18.1% (431 residents)

What is the racial and ethnic makeup of Lake Clearwater?

The racial and ethnic makeup of Lake Clearwater is as follows:
  • White: 77.2% (1,836 residents)
  • Black or African American: 8% (191 residents)
  • American Indian and Alaska Native: 0.1% (2 residents)
  • Asian: 4.8% (114 residents)
  • Native Hawaiian and Other Pacific Islander: 0.1% (2 residents)
  • Two or More Races: 6.4% (152 residents)
  • Other: 3.4% (81 residents)

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

U.S.-born citizens represent 91.2% of the population in Lake Clearwater.

How many housing units are there in Lake Clearwater?

There are 1,427 housing units in Lake Clearwater, reflecting a +0.7% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

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

Lake Clearwater has a total of 1,219 households, with an average of 2 people in each.

What is the median household income in Lake Clearwater?

Lake Clearwater has a median household income of $75,156, representing a +6.3% shift from the previous year, according to the U.S. Census Bureau.

What is the job market overview for Lake Clearwater?

Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 89.2% (1,231 residents)
  • Blue-collar workers: 10.8% (149 residents)

Places of employment:
  • Self-employed: 8.4% (116 residents)
  • Private companies: 69% (952 residents)
  • Governmental workers: 10.6% (146 residents)
  • Not-for-profit companies: 12% (166 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