Lake township is located in Newton County, Indiana. Lake township has a 2026 population of 2,478. Lake township is currently growing at a rate of 0.77% annually and its population has increased by 4.73% since the most recent census, which recorded a population of 2,366 in 2020.
The median household income in Lake township is $83,005 with a poverty rate of 31.9%. The median age in Lake township is 51.5 years: 51.4 years for males, and 52 years for females. For every 100 females there are 115.1 males.
Data after 2023 is projected based on recent change
Overall: 51.5 years
Female: 52 years
Male: 51.4 years
There are 1,810 adults, (447 of whom are seniors) in Lake township.
Female: 1,016 (46.5%)
Male: 1,169 (53.5%)
The racial composition of Lake township includes 95.7% White, 3.52% other race, and smaller percentages for Two or more races and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 2,091 | 95.7% |
| Other race | 77 | 3.52% |
| Two or more races | 17 | 0.78% |
Lake township 's average per capita income is $51,429. Household income levels show a median of $83,005. The poverty rate stands at 31.9%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $100,694 | - |
| Families | $87,012 | $81,921 |
| Households | $83,005 | $68,049 |
| Non Families | $28,317 | $42,639 |
Average Income
Median Household Income
Poverty Rate