The Town FilesHeritage Lake, Indiana
Community in Putnam County · population 3,012 (2020 Census)
- Median home
- $262,900
- Household income
- $87,568
- Jan low / Jul high
- 17° / 83°
- Snow a year
- 22 in
- Tornadoes ≤10 mi since 1950
- 22
- Median age
- 33.9
Heritage Lake is a community of 3,012 people in Putnam County, Indiana. The median home is worth $262,900, above the typical Indiana town ($150,400). It ranks easier by car than 70% of Indiana towns.
How Heritage Lake ranks
Percentile among Indiana towns with at least 500 people on The Town Files lifestyle rankings. 50 is typical for the state; 90 means better than 90% of Indiana towns.
Homes and cost of living
The median home in Heritage Lake is worth $262,900, above the typical Indiana town ($150,400). Homes cost about 3.0 times the median household income of $87,568, which is more affordable than 25% of Indiana towns. 97.9% of households own their home.
| Housing | Heritage Lake | Typical Indiana town |
|---|---|---|
| Median home value | $262,900 | $150,400 |
| Median rent | — | $888 |
| Median household income | $87,568 | $61,953 |
| Home value ÷ income | 3.0× | 2.5× |
| Homeownership | 97.9% | 73.4% |
| Median year built | 1995 | 1966 |
| Seasonal / vacation homes | 6.3% | — |
Who lives in Heritage Lake
| People | Heritage Lake | Typical Indiana town |
|---|---|---|
| Median age | 33.9 | 38.9 |
| Age 65 and over | 13.5% | 17.1% |
| Under 18 | 21.5% | — |
| Bachelor's degree or higher | 25.1% | 17.4% |
| Below the poverty line | 13.3% | 11.6% |
| Veterans | 10.7% | — |
| Born outside the U.S. | 0.5% | — |
| Work from home | 1.8% | 6.2% |
| Average commute | 30.2 min | 24.7 min |
| Homes with broadband | 95.1% | 89.2% |
Weather in Heritage Lake
July highs average 83.2°F and January lows 16.9°F. About 46.1 inches of rain and melted snow fall a year, with 21.5 inches of snow (typical Indiana town: 21.1 in). Expect about 15 days a year at 90°F or hotter and 124 nights at or below freezing.
Tornadoes, storms and disasters
22 tornadoes have passed within 10 miles of Heritage Lake since 1950, compared with 23 for the typical Indiana town. 7 rated (E)F2 or stronger. The strongest, an F2, struck on June 2, 1990 about 3.2 miles from the town center and killed 1. Tornadoes within 10 miles have caused 1 deaths and 14 injuries since 1950. The most recent was on August 15, 2016.
Hail of 1 inch or larger has been reported within 10 miles 44 times; the largest was 2.50 inches on August 17, 2000.
Severe weather in Putnam County since 1996
Putnam County has been included in 20 federal disaster or emergency declarations since 1953, most often for flood, hurricane, snowstorm.
| Declared | Incident | Declaration |
|---|---|---|
| August 25, 2026 | Flood | DR-4933: Severe Storms, Straight-Line Winds, Tornadoes, And Flooding |
| January 24, 2026 | Winter Storm | EM-3641: Severe Winter Storm |
| April 3, 2020 | Biological | DR-4515: Covid-19 Pandemic |
| March 13, 2020 | Biological | EM-3456: Covid-19 |
| April 22, 2014 | Severe Storm | DR-4173: Severe Winter Storm And Snowstorm |
Jobs and pay in Putnam County
Putnam County had 12,342 jobs in 2024, paying an average of $50,684 a year. Unemployment was 3.2% in 2023; in Heritage Lake itself the ACS puts it at 3.5%.
Towns near Heritage Lake
- Greencastle, IN9.9 mi · 9,820 people · home $169,200
- Danville, IN11.4 mi · 10,559 people · home $298,200
- Pittsboro, IN15.8 mi · 3,682 people · home $312,800
- Avon, IN16.7 mi · 21,474 people · home $323,800
- Plainfield, IN18.0 mi · 34,625 people · home $280,600
- Brownsburg, IN18.3 mi · 28,973 people · home $309,400
- Mooresville, IN20.3 mi · 9,411 people · home $206,400
- Brooklyn, IN22.3 mi · 2,511 people · home $119,000
Heritage Lake questions
Is Heritage Lake, Indiana a good place to retire?
On The Town Files lifestyle rankings, Heritage Lake scores better for retirees than 1% of Indiana towns and quieter than 43%. 13.5% of residents are 65 or older (median age 33.9).
How much does a house cost in Heritage Lake?
The median owner-occupied home in Heritage Lake is valued at $262,900 (Census ACS 2020–2024), against a median household income of $87,568, so homes cost about 3.0 times income. Median rent is — a month.
What is the weather like in Heritage Lake?
July highs average 83.2°F and January lows 16.9°F (NOAA 1991–2020 normals). It gets about 46.1 inches of precipitation a year and 21.5 inches of snow.
Does Heritage Lake get tornadoes?
22 tornadoes have passed within 10 miles of Heritage Lake since 1950 (NOAA Storm Events); the strongest was a F2 on June 2, 1990. The typical Indiana town has had 23.
- U.S. Census Bureau, American Community Survey 5-year estimates (2020–2024)
- U.S. Census Bureau, 2020 Census and 2025 Gazetteer (2020 / 2025)
- NOAA NCEI U.S. Climate Normals (1991–2020)
- NOAA NCEI Storm Events Database (1950–2026)
- FEMA OpenFEMA Disaster Declarations (this product uses the FEMA OpenFEMA API but is not endorsed by FEMA) (1953–2026)
- NCES Common Core of Data (2023–24)
- BLS Quarterly Census of Employment and Wages; USDA ERS county unemployment (BLS LAUS) (2000–2024)
- The Town Files lifestyle rankings, built from federal demographic, school, crime and housing data (2025)