Lake Station, IN Profile: Facts & Data

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Lake Station, Indiana - Basic Facts

The City of Lake Station had a population of 12,487 as of July 1, 2019. Lake Station ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Indiana. See peer rankings below.

The primary coordinate point for Lake Station is located at latitude 41.575 and longitude -87.2389 in Lake County. The formal boundaries for the City of Lake Station encompass a land area of 8.3 sq. miles and a water area of 0.13 sq. miles. Lake County is in the Central time zone (GMT -6). The elevation is 620 feet.

The City of Lake Station (GNIS ID: 2395602) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Lake Station is located within Township of Hobart, a minor civil division (MCD) of Lake County.

Alternate Unofficial Names for Lake Station: East Gary.

Jump to... (On This Page!)
  1. Lake Station 2019 Demographic Data
  2. Growth Rates for Lake Station (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Indiana Research Tools (Easy Tools & Current Data)
  3. Indiana Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Lake Station, IN Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Lake Station, IN Housing Affordability Index is 232
State of Indiana Housing Affordability Index is 180
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Lake Station, IN Wealth Index is 44
State of Indiana Wealth Index is 81
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

More Tools and Resources:

  1. For information about schools and school attendance zones, use the HTL Address Tool
  2. Our new HTL Neighborhood Explorer provides lots of detail about any neighborhood.
  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Indiana COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 12,487 (100%)
Population in Households 12,365 (99.0%)
Population in Families 9,855 (78.9%)
Population in Group Quarters1 122 ( 1.0%)
Population Density 1,504
Diversity Index2 68
 

INCOME

Median Household Income $44,777
Average Household Income $53,315
Per Capita Income $19,500
Wealth Index4 44

HOUSING

Total Housing Units 5,187 (100%)
Owner Occupied HU 3,471 (66.9%)
Renter Occupied HU 1,111 (21.4%)
Vacant Housing Units 605 (11.7%)
Median Home Value $91,950
Housing Affordability Index3 232
 

HOUSEHOLDS

Total Households 4,582
Average Household Size 2.7
Family Households 3,022
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population -0.07% -0.13%
Households 0.01% -0.07%
Families -0.16% -0.21%
Median Household Income   2.73%
Per Capita Income   2.99%

Lake Station, IN - Peer Comparisons by Rank and Percentile

The table below compares Lake Station to the other 679 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 69 90th
Population Density # 264 61st
Diversity Index # 10 99th
Median Household Income # 519 24th
Per Capita Income # 629 8th

Additional comparisons and rankings can be made with a VERY EASY TO USE Indiana Census Data Comparison Tool.

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