HomeIndianaMadison CountyLapel
Lapel, Indiana: commercial real estate data.
Lapel is a Census town of 2,668 people across 10.37 square miles of land, in Madison County. Median household income is $79,778, 70.2 percent of occupied homes are owned, and the SBA record carries 3 7(a) approvals to borrowers here worth $517,000 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Lapel
What Lapel is
- Census place typetown
- Land area10.37 sq mi
- Water area0 sq mi
- Population per square mile of land257
- County holding the largest share of its areaMadison County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lapel
How many people live in Lapel
- Population2,668
- Median age34.1
- Population under 18714 plus or minus 153
- Share under 1826.8 percent
- Population 65 and over336 plus or minus 74
- Share 65 and over12.6 percent
- Households1,042
- Family households706
- Share of households that are families67.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lapel
Income and work in Lapel
- Median household income$79,778
- Per capita income$36,949
- Civilian labor force1,475
- Employed1,382
- Unemployed93 plus or minus 60
- Unemployment rate6.3 percent plus or minus 4.0
- Adults 25 and over1,723
- Adults 25 and over with a high school diploma or higher95.6 percent
- Adults 25 and over with a bachelor degree or higher25.8 percent plus or minus 6.2
- Adults 25 and over with a graduate degree6.0 percent plus or minus 2.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lapel
Housing in Lapel
- Housing units1,077
- Occupied units1,042
- Vacant units35 plus or minus 40
- Vacancy rate3.2 percent plus or minus 3.7
- Owner occupied731
- Renter occupied311 plus or minus 103
- Ownership rate70.2 percent
- Median owner-occupied home value$220,400
- Median gross rent, monthly$1,318 plus or minus $277
- Annual rent as a share of median income19.8 percent plus or minus 5.3
- Single family units893
- Share single family82.9 percent
- Units in buildings of two or more170 plus or minus 96
- Share in buildings of two or more15.8 percent plus or minus 8.7
- Mobile homes14 plus or minus 14
- Median year structure built1975
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lapel
How Lapel gets to work
- Workers 16 and over who commute1,124
- Commuting under 15 minutes255 plus or minus 109
- Share commuting under 15 minutes22.7 percent plus or minus 8.6
- Commuting 30 minutes or more482 plus or minus 161
- Share commuting 30 minutes or more42.9 percent plus or minus 11.7
- Drove alone75.7 percent
- Carpooled3.7 percent plus or minus 2.7
- Public transport0.0 percent
- Walked3.4 percent plus or minus 4.6
- Worked from home16.7 percent plus or minus 4.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lapel
SBA loans in Lapel (7(a))
- Approvals3
- Gross approval$517,000
- Average approval$172,333
- Median approval$150,000
- Largest approval$317,000
- Jobs supported4
- Jobs per approval1.3
- Loans with a final outcome2
- Paid in full1
- Charged off1
- Median term120 months
- Share on real estate terms of 20 years or more33.3 percent
- Share to franchises0.0 percent
- Distinct lenders3
- Distinct industries by NAICS3
Counted by borrower city: approvals to borrowers whose address is in Lapel, in any county, FY2020 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Lapel
Flood risk in Lapel
- NFIP communityTown of Lapel
- NFIP community number180455
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date05/03/11(M)
The Town of Lapel participates in the National Flood Insurance Program as community 180455 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Madison County, not Lapel
Madison County context, not Lapel figures
- Establishments in Madison County2,353
- Covered employment, Madison County40,192
- Average annual pay, Madison County$49,965
- Housing units permitted, Madison County186
Every figure in this section is published for Madison County as a whole and is not a measurement of Lapel.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Lapel questions, answered from the record.
How many people live in Lapel, Indiana?
2,668, in 1,042 households. Lapel town covers 10.37 square miles of land, which is 257 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Lapel in?
Madison County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Lapel?
$79,778. The median owner-occupied home is valued at $220,400. Median gross rent is $1,318 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Lapel businesses?
3 7(a) approvals totaling $517,000 since FY2020, across 3 lenders, median approval $150,000. These count approvals to borrowers whose address is in Lapel, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Lapel borrowers get paid back?
No rate is published for Lapel. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Lapel in the National Flood Insurance Program?
Yes. Lapel appears in the FEMA Community Status Book as Lapel, town of, community 180455, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Lapel figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Madison County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Lapel.
Is zoning published for Lapel?
No. Nothing on this page presents parcel level zoning.