The Lake Village Census Designated Place had a population of 770 as of July 1, 2020. Lake Village 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 Lake Village is located at latitude 41.1375 and longitude -87.4486 in Newton County. The formal boundaries for the Lake Village Census Designated Place encompass a land area of 3.94 sq. miles and a water area of 0 sq. miles. Newton County is in the Central time zone (GMT -6). The elevation is 656 feet.
The Lake Village Census Designated Place (GNIS ID: 2393086) 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.
Alternate Unofficial Names for Lake Village: Lake Villiage.
|Total Population||770 (100%)|
|Population in Households||770 (100.0%)|
|Population in Families||662 (86.0%)|
|Population in Group Quarters1||0|
|Median Household Income||$57,942|
|Average Household Income||$69,026|
|% of Income for Mortgage4||11%|
|Per Capita Income||$27,707|
|Total HU (Housing Units)||320 (100%)|
|Owner Occupied HU||238 (74.4%)|
|Renter Occupied HU||50 (15.6%)|
|Vacant Housing Units||32 ( 10.0%)|
|Median Home Value||$153,819|
|Average Home Value||$167,300|
|Housing Affordability Index3||239|
|Average Household Size||2.67|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||0.86%|
|Per Capita Income||1.92%|
|Owner Occupied HU||0.08%|
The table below compares Lake Village 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.
|Total Population||# 391||43rd|
|Population Density||# 645||5th|
|Median Household Income||# 240||65th|
|Housing Affordability Index||# 237||35th|
|Per Capita Income||# 247||64th|
|Diversity Index||# 236||65th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Indiana Census Data Comparison Tool.