Curious about where Indiana’s wealthy live? Indiana’s affluent live in lake towns with prime waterfront homes and immaculate beaches on Lake Michigan. Some of these affluent Indiana towns are conveniently located near Chicago. Here are the richest towns in Indiana.
The rankings on this list are based on both income and home prices.
Check out the Richest Suburbs of Indianapolis
Wealthiest Towns in Indiana
Crows Nest, IN
Crows Nest is the wealthiest town in Indiana. Crows Nest, located a mere 10 miles from the heart of Indianapolis in Marion County, is one of the most exclusive suburbs of Indianapolis.
Crows Nest represents exclusivity with a median home value of $3,275,000 and residents boasting a mean income of $549,419.
Crows Nest is a very small town (more of a neighborhood), with a population of 67 very wealthy and highly educated residents (96.4% of residents hold a Bachelor’s Degree or higher).
Its proximity to Indianapolis provides residents with the luxury of suburban living while just a short drive away from the bustling downtown Indianapolis.
| Crows Nest | |
| Median Home Value | $3,275,000 |
| Mean Income | $549,419 |
| Bachelor’s Degree | 96.40% |
Clear Lake, IN
Clear Lake is the second wealthiest town in Indiana with homes boasting a median home value of $1,289,000 and residents enjoying a mean income of $202,908.
Clear Lake, located in Steuben County, is an affluent lake town known for its pristine waters and lakeside living. It’s a small town with a population of 354 residents.
One of the primary draws of Clear Lake is, undoubtedly, its stunning lake, which offers residents a plethora of recreational activities such as boating, fishing, and swimming.
| Clear Lake | |
| Median Home Value | $1,289,000 |
| Mean Income | $202,908 |
| Bachelor’s Degree | 50.8% |
Check out the Richest Lake Towns in Indiana
Williams Creek, IN
Williams Creek is one of the wealthiest towns in Indiana. Located in Marion County, just 10 miles from downtown Indianapolis, Williams Creek has median home prices of $1,119,980.
Williams Creek is an upscale suburb of Indianapolis home to 430 wealthy residents earning a mean income of $276,472.
It’s a family-friendly town with 27.9% of the population of William Creek children under 18 years old.
| Williams Creek | |
| Median Home Value | $1,119,980 |
| Mean Income | $276,472 |
| Bachelor’s Degree | 77.1% |
Check out the Richest Lake Towns near Chicago
Dune Acres, IN
Dune Acres is one of the richest towns in Indiana with a mean income of $233,497.
Dune Acres is an exclusive lakeside town on the southern tip of Lake Michigan with a median home value of $850,500.
The affluent town is made of 165 single family homes on expansive lots, some with panoramic lakeside views.
At its heart, the historic Clubhouse atop a towering dune offers residents unparalleled views of Chicago and the vast lake.
Its exclusivity is further underlined by 24-hour security, ensuring residents enjoy both tranquility and an unmatched sense of safety.
Located just an hour from Chicago and South Bend and connected by the South Shore Line’s Dune Park station, Dune Acres residents enjoy the best of Indiana’s lakeside living paired with urban conveniences.
| Dune Acres | |
| Median Home Value | $850,500 |
| Mean Income | $233,497 |
| Bachelor’s Degree | 73.6% |
Check out the Most Affordable Beach Towns near Chicago
Meridian Hills, IN
Meridian Hills is one of the richest towns in Indiana. Located just a mere 9 miles from Indianapolis in Marion County, Meridian Hills is a small town of 1774 wealthy residents earning a mean income of $278,878.
Meridian Hills is an affluent neighborhood of Indianapolis with a median home value of $844,182.
It’s a wealthy town with tree-lined streets, beautiful parks and home to the exclusive country club, Meridian Hills Country Club.
Meridian Hills is also home to one of the best private schools in Indiana, Park Tudor School.
| Meridian Hills | |
| Median Home Value | $844,182 |
| Mean Income | $278,878 |
| Bachelor’s Degree | 79.4% |
Long Beach, IN
Long Beach is one of the wealthiest towns in Indiana. Long Beach is an affluent Indiana lake town on Lake Michigan with a median home value of $707,164.
Long Beach is a small town of 1,189 residents earning a mean income of $175,149.
Long Beach residents enjoy upscale lakeside living with beautiful beaches and breathtaking waterfront views.
Located just 60 miles from Chicago, its location gives residents the advantage of lakeside living with easy access to Chicago.
| Long Beach | |
| Median Home Value | $707,164 |
| Mean Income | $175,149 |
| Bachelor’s Degree | 69.9% |
Michiana Shores, IN
Michiana Shores is one of the wealthiest towns in Indiana. It is a wealthy lakeside town along Lake Michigan in LaPorte County where residents earn a mean income of $127,353.
Michiana Shores is an affluent town with median home prices of $614,767.
Residents enjoy pristine beaches perfect for swimming, boating and just relaxing on the beach.
Located just 67 miles from downtown Chicago, Michiana Shores gives its residents a peaceful lakeside retreat while still being relatively close to Chicago’s attractions.
| Michiana Shores | |
| Median Home Value | $614,767 |
| Mean Income | $127,353 |
| Bachelor’s Degree | 53.9% |
Beverly Shores, IN
Beverly Shores is one of the wealthiest Indiana beach towns on Lake Michigan.
Located in Porter County, just 55 miles from Chicago, Beverly Shores is an affluent town where residents earn $146,056 and the median home value is $612,630.
Beverly Shores is known for its beautiful beaches including picturesque Kemil Beach on Lake Michigan.
It’s a haven for outdoor enthusiasts with its close proximity to Indiana Dunes National Park.
| Beverly Shores | |
| Median Home Value | $612,630 |
| Mean Income | $146,056 |
| Bachelor’s Degree | 71.0% |
Zionsville, IN
Zionsville is one of the most affluent towns in Indiana with a median home value of $601,673 and a mean income of $189,834.
Located just 18 miles north of Indianapolis in Boone County, Zionsville is a sought-after suburb of Indianapolis, offering easy accessibility to the city’s amenities without compromising on small-town charm.
Zionsville’s downtown is charming with historic brick streets, shops, and restaurants.
One of the main draws of Zionsville is its top-rated schools. According to Niche.com, it ranks Zionsville School as the #2 best public school in Indiana.
| Zionsville | |
| Median Home Value | $601,673 |
| Mean Income | $189,834 |
| Bachelor’s Degree | 69.2% |
Carmel, IN
Carmel is one of the wealthiest towns in Indiana. It is an affluent suburb of Indianapolis, located just 23 miles north, Carmel has median home prices of $470,809 and a mean income of $157,122.
This vibrant suburb of Indianapolis stands out for its top-rated schools. In fact, Carmel’s schools are one of the best in the state, with Niche.com ranking Carmel Schools as the #1 best public school in Indiana.
Aside from great schools and close proximity to Indianapolis, Carmel is also known for its art districts, upscale shopping centers, and scenic walking trails, making it one of the most sought-after suburbs of Indianapolis.
| Carmel | |
| Median Home Value | $470,809 |
| Mean Income | $157,122 |
| Bachelor’s Degree | 73.7% |
Ogden Dunes, IN
Ogden Dunes is one of the richest lake towns in Indiana. Located just 40 miles from Chicago along the southern shores of Lake Michigan in Porter County, is not only a haven of natural beauty but also one of the wealthiest lake towns near Chicago.
Ogden Dunes is an affluent beach town with a median home value of $461,750 and residents enjoying a mean income of $165,963.
Ogden Dunes is a sought-after lakeside town with almost a mile of sandy beach at Ogden Dunes Beach, breathtaking sunsets over the lake, and a stone’s throw from the neighboring Indiana Dunes National Park.
Its accessibility to Chicago makes Ogden Dunes a prime location for those seeking a balance between lakeside living and city life.
| Ogden Dunes | |
| Median Home Value | $461,750 |
| Mean Income | $165,963 |
| Bachelor’s Degree | 77.3% |
Westfield, IN
Westfield is one of the wealthiest towns in Indiana. It is a suburb of Indianapolis located 21 miles north with a mean income of $145,959.
Westfield is an affluent town with a median home price of $453,247.
Known for top-rated schools, Niche.com ranks Westfield as the #6 suburb with the best public schools in Indiana.
Home to Grand Park, a sprawling 400-acre sports complex and a charming downtown with shops and restaurants, Westfield residents don’t have to travel far for food and entertainment.
| Westfield | |
| Median Home Value | $453,247 |
| Mean Income | $145,959 |
| Bachelor’s Degree | 55.9% |