Lapel, IN
2,668Residents
$79,778Median household income
$1,318/moMedian gross rent
$220,400Median home value
34.1Median age
26%Adults with a bachelor’s degree or higher
70%Homes lived in by their owners
2.8×Home value to household income
Median rent takes about 20% of the median household income in Lapel.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $53,000 a year. In Indiana that leaves roughly $3,598 a month after tax. See the full paycheck breakdown for $55,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.