Lake Village vs Mount Ayr

A side-by-side comparison of Lake Village and Mount Ayr: population, income, housing, and more.

Lake Village and Mount Ayr are places in Indiana. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Lake Village has the higher population (533 vs 93 in Mount Ayr). Lake Village has the higher median home value ($152,700 vs $88,500 in Mount Ayr). Since 2019, Mount Ayr's population has grown faster (-15.5% vs -31.0%).

Population, income & housing

	Lake Village	Mount Ayr
Population	533	93
Median age	61.8 yrs	45.5 yrs
Median household income	—	$45,000
Median home value	$152,700	$88,500
Housing units	299	47
Homeownership rate	71.2%	97.5%
Bachelor's degree or higher	22.1%	4.0%
Unemployment rate	0.0%	2.3%

Trends (ACS 5-year, 2019–2023)

	Lake Village	Mount Ayr
Population	773 → 533 (-31.0%)	110 → 93 (-15.5%)
Median household income	$64,653 → $76,845 (+18.9%)	$37,500 → $45,000 (+20.0%)
Median home value	$103,600 → $152,700 (+47.4%)	$75,800 → $88,500 (+16.8%)

Lake Village

Population

773533

Median household income

$64,653$76,845

Median home value

$103,600$152,700

Mount Ayr

Population

11093

Median household income

$37,500$45,000

Median home value

$75,800$88,500

Age & race/ethnicity

Age distribution (share)

	Lake Village	Mount Ayr
Under 5	0.0%	8.6%
5 to 17	8.3%	10.8%
18 to 24	1.9%	0.0%
25 to 34	22.9%	4.3%
35 to 44	3.8%	25.8%
45 to 54	0.0%	4.3%
55 to 64	28.1%	23.7%
65 to 74	28.7%	16.1%
75 and over	6.4%	6.5%

Race & ethnicity (share)

	Lake Village	Mount Ayr
White (non-Hispanic)	96.8%	100.0%
Black or African American	0.0%	0.0%
American Indian & Alaska Native	0.0%	0.0%
Asian	0.0%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	0.0%	0.0%
Hispanic or Latino	3.2%	0.0%

Educational attainment (age 25+)

Share of adults 25+

	Lake Village	Mount Ayr
No high school diploma	8.6%	18.7%
High school graduate	65.6%	66.7%
Some college or associate's	3.8%	10.7%
Bachelor's degree	14.0%	2.7%
Graduate or professional degree	8.1%	1.3%

Commute to work

How workers get to work (share)

	Lake Village	Mount Ayr
Drove alone	81.4%	94.3%
Carpooled	12.5%	0.0%
Public transit	0.0%	0.0%
Walked	0.0%	0.0%
Bicycle	0.0%	0.0%
Worked from home	6.1%	5.7%
Other means	0.0%	0.0%

Housing

Units in structure (share)

	Lake Village	Mount Ayr
1-unit, detached	75.3%	91.5%
1-unit, attached	0.0%	0.0%
2 to 4 units	24.7%	0.0%
5 to 19 units	0.0%	0.0%
20 or more units	0.0%	0.0%
Mobile home & other	0.0%	8.5%

Poverty & households

	Lake Village	Mount Ayr
Poverty rate	27.0%	22.6%
Average household size	1.78	2.33
Mean commute (minutes)	40	14
Median year structure built	1958	1938