Lake township

County:: Newton County
County Seat:: No
Area (mi²):: 39.785
State:: Indiana

Lake township is located in Newton County, Indiana. Lake township has a 2025 population of 2,453. Lake township is currently growing at a rate of 1.11% annually and its population has increased by 4.07% since the most recent census, which recorded a population of 2,357 in 2020.

The average household income in Lake township is $62,911 with a poverty rate of 29.01%.The median age in Lake township is 46 years: 42.1 years for males, and 50.6 years for females.

Demographics

The racial composition of Lake township includes 99.21% White, and smaller percentages for Two or more races and multiracial populations.

Population by Race

Race	Population	Percentage (of total)
White	1,997	99.21%
Two or more races	16	0.79%

Lake township Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Lake township's average per capita income is $42,136. Household income levels show a median of $60,438. The poverty rate stands at 29.01%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$97,670	-
Families	$81,875	$80,527
Households	$60,438	$62,911
Non Families	$28,673	$38,135

$42,136

Average Income

$60,438

Median Household Income

29.01%

Poverty Rate