Lake Village, IN Profile: Facts & Data

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Lake Village, Indiana - Basic Facts

The Lake Village Census Designated Place had a population of 741 as of July 1, 2018. 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 41.1308 and longitude -87.439 in Newton County. The formal boundaries for the Lake Village Census Designated Place (see map below) 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 659 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.

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

Alternate Unofficial Names for Lake Village: Lake Villiage.

Jump to... (On This Page!)
  1. Lake Village 2018 Demographic Data
  2. Growth Rates for Lake Village (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 - 2018 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, 2018, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Lake Village, IN Data & Demographics (As of July 1, 2018)

POPULATION

Total Population 741
Population in Households 741
Population in Familes 637
Population in Group Qrtrs 0
Population Density2 188
Diversity Index3 15
 

INCOME

Median Household Income $52,900
Average Household Income $61,424
Per Capita Income $24,231

HOUSING

Total Housing Units 316 (100%)
Owner Occupied HU 225 (71.2%)
Renter Occupied HU 49 (15.5%)
Vacant Housing Units 41 (13.0%)
Median Home Value $160,185
Average Home Value $178,906
 

HOUSEHOLDS

Total Households 275
Average Household Size 2.69
Family Households 202
Average Family Size 3
NOTES
  1. Demographics are point estimates for July 1st of the current year and each for the forecast years. See References for more information.
  2. Population Density = Total Population per square mile.
  3. 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.

GROWTH RATE / YEAR

2010-2018 2018-2023
Population -0.39% -0.38%
Households -0.26% -0.37%
Families -0.58% -0.5%
Median Household Income   3.02%
Per Capita Income   3.15%

Lake Village, IN - Peer Comparisons by Rank and Percentile

The table below compares Lake Village to the other 680 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2018 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 # 399 41st
Population Density # 646 5th
Diversity Index # 223 67th
Median Household Income # 310 55th
Per Capita Income # 387 43rd

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

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