City

Lake Station, IN

1 ZIP code  ·  Lake County  ·  Indiana

👥11,509Population
💰$57,005Median HH Income▼ 25% below avg
🎂37.1Median Age
🏠$123,600Median Home Value▼ 56% below avg
🎓16.8%College Grads▼ 57% below avg
📊14.8%Unemployment▲ 202% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 51.6% Female 48.4% ♀

Race & Ethnicity

White: 65.5%Hispanic: 27.8%Black: 2.5%Asian: 0.5%Other: 3.7%Race
White65.5%
Hispanic27.8%
Black2.5%
Asian0.5%
Other3.7%

Age Breakdown

Under 5
6%
5–17
16%
18–24
13%
25–44
25%
45–64
26%
65+
8%

Key Indicators

Median Age37.1 yrs
Avg HH Size2.72
Below Poverty12.7% ▲ 27% above avg
College Grads16.8% ▼ 57% below avg
Unemployment14.8% ▲ 202% above avg
No HS Diploma252 (3.7%)
HS Graduate3,405 (50.6%)
Some College1,026 (15.2%)
Associates917 (13.6%)
Bachelors420 (6.2%)
Graduate Degree710 (10.5%)

Education

No HS: 3.7%HS Grad: 50.6%Some College: 15.2%Associates: 13.6%Bachelors: 6.2%Graduate: 10.5%Edu
No HS3.7%
HS Grad50.6%
Some College15.2%
Associates13.6%
Bachelors6.2%
Graduate10.5%
Housing & Income

Housing Tenure

Owner: 72.3%Renter: 27.8%Tenure
Owner72.3%
Renter27.8%

Home Value Distribution

Under $50k
7%
$50k–$100k
21%
$100k–$150k
46%
$150k–$200k
12%
$200k–$300k
11%
$300k–$500k
1%
Over $500k
2%

Financials

Median HH Income$57,005 ▼ 25% below avg
Median Home Value$123,600 ▼ 56% below avg
Home/Income Ratio2.2x (nat avg ~3.5x)
Median Rent$1,136/mo
Total Housing Units4,566
Vacant Units375

Income Distribution

Under $25k
20%
$25k–$50k
15%
$50k–$75k
24%
$75k–$100k
14%
$100k–$150k
16%
$150k–$200k
9%
Over $200k
2%
Employment & Commute

How People Get to Work

Drove Alone
93%
Public Transit
0%
Walked
2%
Work From Home
5%

Commute Time

Under 15 min
23%
15–30 min
39%
30–45 min
17%
Over 45 min
21%
Housing Stock

Year Built

Before 1940
10%
1940s–1950s
22%
1960s–1970s
8%
1980s–1990s
6%
2000+
53%
About Lake Station, IN

Lake Station is a city in Indiana, located in Lake County. The city spans 1 ZIP code and is home to approximately 11,509 residents. It is a relatively young city, with a median age of 37.1 years.

Economically, Lake Station is a solidly middle-class community. The median household income of $57,005 is below the national average. Approximately 12.7% of residents live below the poverty line. The unemployment rate is 14.8%, more than double the national average.

The real estate market in Lake Station is one of the more affordable housing markets in the country. Median home values stand at $123,600, which is well below the national average. Renters typically pay around $1,136 per month. Homeownership is high at 72.3%, typical of suburban and family-oriented communities.

The population of Lake Station is less-educated. 16.8% of adults hold a bachelor's degree or higher — well below the national average. The community is majority White (65.51%).

Lake Station, IN offers residents a cost-conscious lifestyle within Indiana.

ZIP Codes in Lake Station
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
46405 11,509 $57,005 $123,600 $1,136 14.8% 16.8% 72.3%