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Lake Station city, Indiana Demographics & Population 2026

Very AffordableHome value to income ratio of 2.2x is exceptionally low

As of 2026, Lake Station city, Indiana has a total population of 13,109, the 69th largest city in Indiana, with a median household income of $56,306, which is 20% lower than the state average. The poverty rate is 16.7%.

Key Takeaways

Lake Station city Quick Facts

Population 13,109
Median Household Income $56,306
Median Home Value $124,800
Poverty Rate 16.7%
Unemployment Rate 14.9%
Median Age 34.2 years
Homeownership Rate 69.5%
Affordability Ratio 2.2x
Bachelor's Degree or Higher 8.7%
High School Graduation Rate 79.6%
Diversity Index 53/100
Population 13,109 69th of 967
Median Income $56,306 below average
Poverty Rate 16.7% 34% higher national
Median Home Value $124,800 average

How Lake Station city Compares

Economy & Housing

Employment

14.9% Unemployment Rate State: 4.3% | National: 5.2%
60.7% Labor Force Participation

Housing Overview

Owner 69.5%
Renter 30.5%
Affordability Index Very Affordable
2.2x home value to income ratio

People & Demographics

Diversity Index

53out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 40 | National average: 60

Education

Lake Station city Rankings in Indiana

#69 Population of 967
#529 Median Income of 967
#667 Education of 967
#450 Home Value of 967

Cities Similar to Lake Station city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Speedway town13,622$57,158$209,40034.4%15.4%
Madison city12,277$57,050$186,60020.8%14.7%
Auburn city13,464$62,339$172,80022.2%11.3%
Martinsville city11,913$56,186$140,40013.6%11.8%
Bedford city13,824$50,253$136,90017.6%15.4%

Population Overview

Lake Station city is a small city located in Indiana. The total population is 13,109. It ranks as the 69th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Lake Station city is 34.2 years. This is 10% lower than the state median of 38.0 years.

Economy, Income & Housing

The median household income in Lake Station city is $56,306. This is 20% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 28% lower. The poverty rate stands at 16.7%. This is 37% higher than the state poverty rate of 12.2%. The unemployment rate is 14.9%. This is 246% higher than the state rate of 4.3%. The median home value is $124,800. Housing costs are 38% lower than the state median of $201,600. With a home-value-to-income ratio of just 2.2x, Lake Station city is one of the most affordable housing markets in the area. 69.5% of occupied housing units are owner-occupied. This homeownership rate is 1% lower than the state average of 70.3%.

Race & Ethnicity

The largest racial or ethnic group in Lake Station city is White (non-Hispanic), making up 61.1% of the population. Hispanic or Latino residents account for 31.1%. The Black or African American population (2.8%) is well below the state average of 9.1%. The Hispanic or Latino population is significantly higher than the state average (31.1% vs 8.4%).

Education

8.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 70% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 79.6%.

Data Sources & Methodology

All demographic data for Lake Station city, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Lake Station city, Indiana?

Lake Station city, Indiana has a population of 13,109 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Lake Station city, IN?

The median household income in Lake Station city is $56,306, which is 28% lower the national median of $78,538.

What is the poverty rate in Lake Station city, IN?

The poverty rate in Lake Station city is 16.7%. This means approximately 2,118 residents live below the federal poverty line.

What is the racial makeup of Lake Station city, Indiana?

Lake Station city's population is 61.1% White, 2.8% Black, 31.1% Hispanic/Latino, and 1.6% Asian.

What is the median home value in Lake Station city, IN?

The median home value in Lake Station city is $124,800. The home-value-to-income ratio is 2.2x.

How educated is Lake Station city, Indiana?

8.7% of adults (25+) in Lake Station city hold a bachelor's degree or higher, and 3.1% hold a graduate or professional degree.