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Hudson Lake, IN Profile: Facts & Data

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Hudson Lake, Indiana - Basic Facts

The Hudson Lake Census Designated Place had a population of 1,287 as of July 1, 2020. Hudson Lake ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Indiana. See peer rankings below.

The primary coordinate point for Hudson Lake is located at latitude 41.7103 and longitude -86.5342 in LaPorte County. The formal boundaries for the Hudson Lake Census Designated Place encompass a land area of 1.92 sq. miles and a water area of 0.76 sq. miles. LaPorte County is in the Central time zone (GMT -6). The elevation is 771 feet.

The Hudson Lake Census Designated Place (GNIS ID: 2629778) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Hudson Lake Census Designated Place is located within Township of Hudson, a minor civil division (MCD) of LaPorte County.


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Hudson Lake, IN Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 1,287 (100%)
Population in Households 1,287 (100.0%)
Population in Families 1,030 (80.0%)
Population in Group Quarters1 0
Population Density 668
Diversity Index2 16
 
 

INCOME

Median Household Income $50,538
Average Household Income $60,214
% of Income for Mortgage4 13%
Per Capita Income $24,230
Wealth Index5 51
 

HOUSING

Total HU (Housing Units) 709 (100%)
Owner Occupied HU 439 (61.9%)
Renter Occupied HU 83 (11.7%)
Vacant Housing Units 187 (26.4%)
Median Home Value $159,888
Average Home Value $190,774
Housing Affordability Index3 181
 

HOUSEHOLDS

Total Households 522
Average Household Size 2.47
Family Households 350
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 races 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 % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. 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

 2010-2020 2020-2025
Population -0.08% -0.06%
Households -0.06% -0.08%
Families -0.33% -0.23%
Median Household Income   1.37%
Per Capita Income   1.99%
Owner Occupied HU   -0.09%

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Hudson Lake, IN - Peer Comparisons by Rank and Percentile

The table below compares Hudson Lake to the other 679 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2020 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 # 291 57th
Population Density # 528 22nd
Median Household Income # 430 37th
Housing Affordability Index # 85 13th
Per Capita Income # 434 36th
Diversity Index # 230 67th

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

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