Cedar Lake is a medium-sized town located in the state of Indiana. With a population of 16,068 people and four associated neighborhoods, Cedar Lake is the 64th largest community in Indiana. There's nothing like the smell of a brand new house, and in Cedar Lake, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Cedar Lake, and putting down their money on brand new construction. Cedar Lake’s real estate is, on average, some of the newest in the nation. Cedar Lake does seem to be experiencing an influx of affluent people, because the median household income is $79,177.00.
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.
Cedar Lake is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Cedar Lake’s overall crime rate is lower than average for the country.
In Cedar Lake, however, the average commute to work is quite long. On average, people spend 32.67 minutes each day getting to work, which is significantly higher than the national average.
The citizens of Cedar Lake are slightly better educated than the national average of 21.84% for all cities and towns, with 24.82% of adults in Cedar Lake having a bachelor's degree or advanced degree.
The per capita income in Cedar Lake in 2022 was $38,037, which is wealthy relative to Indiana, and upper middle income relative to the rest of the US. This equates to an annual income of $152,148 for a family of four. However, Cedar Lake contains both very wealthy and poor people as well.
Cedar Lake is a somewhat ethnically-diverse town. 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 Dutch.
The most common language spoken in Cedar Lake is English. Other important languages spoken here include Spanish and Slavic languages.