Lamar, IN 47550 Landlot Properties For Sale
The median home value in Lamar, IN 47550 is $219,500. This is higher than the county median home value of $189,800. The national median home value is $338,100. The average price of homes sold in Lamar, IN 47550 is $219,500. Lamar, IN 47550 real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Lamar, IN 47550 real estate agent to arrange a tour today!
Learn More About Lamar, IN 47550 Real EstateStatistics & facts
740
Population
$219K
Medium Home Value
232
# of Households
N/A
Housing Vacancy
35.21%
Future Job Growth
2.30%
Unemployment Rate
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Spartanburg Association of REALTORS®. IDX information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable, but not guaranteed. Copyright 2025 Spartanburg Association of Realtors. All rights reserved.
Population
Lamar, IN 47550 has a population of approximately 740 and experiences a population change rate of -4.15%. The population density is 21.1 / sq mi.
Household
The median household income for Lamar, IN 47550 is $68,571, with 232 households and an average household size of 2.43.
Cost of Living
The cost of living index in Lamar, IN 47550 is 87.9%.
Home Value
The median value of a home in Lamar, IN 47550 is $219,500 with an appreciation rate of 13.8%. 92.2% of housing in the zip code is owned while 7.8% is rented.
Employment
The unemployment rate in Lamar, IN 47550 is 2.30%, and recent job growth is at -0.43%. Future job growth is projected at 35.21%.
Taxes
The sales tax rate in Lamar, IN 47550 is 7.00%, while the income tax rate is 3.23%.
Education
School expenditures in Lamar, IN 47550 are $12,960, and the school ratio is 15.5:1.
Weather
The average high temperature in July is 87.7 degrees, with an average low temperature in January of 25.7 degrees. The average rainfall is approximately 47.4 inches per year, with 7.9 inches of snow per year.
Education near Lamar IN, 47550
| Metric | City | County |
|---|---|---|
| High School Graduates | 98.71 | 91.41 |
| College Degree - 2 year | 20.41 | 12.53 |
| College Degree - 4 year | 20.16 | 19.22 |
| Graduate Degree | 2.07 | 5.47 |
| Expenditures per Student | $12,960 | $12,960 |
| Students per Teacher | 15.50 | 15.50 |
Elementary Schools near Lamar IN , 47550
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Chrisney Elementary School | PK - 06 | 208 | 13 | 47611 |
| David Turnham EDL Center | PK - 06 | 302 | 15.9 | 47523 |
| Ferdinand Elementary School | PK - 04 | 293 | 23.4 | 47532 |
| Lincoln Trail Elementary School | PK - 06 | 362 | 19.1 | 47550 |
| Nancy Hanks Elementary School | PK - 06 | 253 | 14.9 | 47532 |
Middle Schools near Lamar IN , 47550
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Heritage Hills Middle School | 07 - 08 | 307 | 12.8 | 47552 |
High Schools near Lamar IN , 47550
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Forest Park Junior/Senior High School | 07 - 12 | 597 | 16.2 | 47532 |
| Heritage Hills High School | 09 - 12 | 588 | 14.5 | 47552 |
