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The total population of Cedar Lake is estimated to be 14,215 with 7,043 males (49.55%) and 7,172 females (50.45%). There are 129 more females than males in Cedar Lake.
The median household income in Cedar Lake was $79,567 in 2021, which marked an an increase of 5,883(7.98%) from $73,684 in 2020. This income is 106.65% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Cedar Lake sees its highest median household income among householders in the age group of 25 to 44 years old, at $101,119. Overall, the median household income for the town of Cedar Lake stands at $79,567.
In Cedar Lake, the median income for all workers aged 15 years and older, regardless of work hours, was $54,533 for males and $23,641 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $74,950 for males and $49,790 for females.
In Cedar Lake, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $159,084, while White households have a median household income of $79,183.
In 2022, the population of Cedar Lake was 15,592, a 5.53% increase year-by-year from 2021. Previously, in 2021, Cedar Lake's population was 14,775, an increase of 4.01% compared to a population of 14,206 in 2020.
The median age in Cedar Lake, IN is 39.2, as per 2021 ACS 5-Year Estimates. Of the total population, 19.53% were under the age of 15, 19.75% aged 15 to 29, 44.36% aged 30 to 64, 13.92% aged 65 to 84, and 2.44% were 85 years of age and older.
Racial distribution of Cedar Lake population: 96.02% are White, 0.01% are Black or African American, 0.62% are Asian, 0.82% are some other race and 2.53% are multiracial.