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Lake Station, Indiana Demographics & Population 2026

Very AffordableHome value to income ratio of 2.3x is exceptionally low

During the 2020–2024 ACS period, Lake Station, Indiana had a total population of 13,185, the 68th largest city in Indiana, with a median household income of $59,591, which is 17% lower than the state average. The poverty rate is 15.4%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Lake Station Quick Facts

Population 13,185
Median Household Income $59,591
Median Home Value $137,400
Poverty Rate 15.4%
Unemployment Rate 16.3%
Median Age 33.5 years
Homeownership Rate 72.0%
Affordability Ratio 2.3x
Bachelor's Degree or Higher 7.4%
High School Graduation Rate 77.7%
Diversity Index 54/100
Population 13,185 68th of 967
Median Income $59,591 average
Poverty Rate 15.4% 24% higher than national
Median Home Value $137,400 average

How Lake Station Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population13,10913,185+0.6%
Median household income$56,306$59,591+5.8%
Median home value$124,800$137,400+10.1%

How Lake Station Compares

Economy & Housing

Household Income Distribution

Under $25K 17.7%
$25K-$50K 21.9%
$50K-$100K 33.9%
$100K+ 26.5%
Detailed income brackets
Under $10K
6.9%
$10K-$15K
3.9%
$15K-$20K
4.0%
$20K-$25K
2.9%
$25K-$30K
2.9%
$30K-$35K
6.1%
$35K-$40K
6.2%
$40K-$45K
1.8%
$45K-$50K
4.9%
$50K-$60K
10.5%
$60K-$75K
10.2%
$75K-$100K
13.1%
$100K-$125K
10.7%
$125K-$150K
6.0%
$150K-$200K
7.8%
$200K+
1.9%

Employment

16.3% Unemployment Rate State: 4.3%|National: 5.2%
61.6% Labor Force Participation

Housing Overview

Owner 72.0%
Renter 28.0%
Affordability Index Very Affordable
2.3x home value to income ratio
Median gross rent $1,124/mo 22.6% of median household income annually

People & Demographics

Diversity Index

54out of 100
Moderate Diversity

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

State average: 41 | National average: 61

Education

Lake Station Rankings in Indiana

#68 Population of 967
#465 Median Income of 796
#723 Education of 966
#453 Home Value of 818

Other Cities in Lake County

CityPopulationMedian IncomePovertyHome Value
Hammond 76,768 $55,504 19.1% $159,900
Gary 68,113 $38,731 33.1% $94,700
Merrillville 36,476 $67,587 12.6% $211,400
Crown Point 34,393 $101,686 6.9% $294,800
Schererville 29,701 $89,466 7.7% $314,900
Hobart 29,558 $75,160 10.0% $215,200
East Chicago 26,022 $42,125 26.3% $105,400
Munster 23,733 $110,187 6.0% $334,300
Highland 23,680 $78,062 11.6% $233,300
St. John 22,567 $131,467 2.1% $406,300

Cities Similar to Lake Station

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Speedway13,968$60,147$228,60034.3%17.5%
Madison12,223$61,183$203,10023.8%14.9%
Auburn13,565$68,750$190,80023.4%9.8%
Greensburg12,229$62,655$191,40019.8%13.8%
Martinsville11,933$60,177$163,40012.6%12.9%

Population Overview

Lake Station is a small city located in Indiana, within Lake County. The total population is 13,185. It ranks as the 68th most populous out of 967 Census-designated places in Indiana.

Age Demographics

The median age in Lake Station is 33.5 years. This is 12% lower than the state median of 38.1 years.

Economy, Income & Housing

The median household income in Lake Station is $59,591. This is 17% lower than the state median of $71,957. It is also 26% lower than the national median of $80,734. The poverty rate stands at 15.4%. This is 25% higher than the state poverty rate of 12.3%. The unemployment rate is 16.3%. This is 282% higher than the state rate of 4.3%. The median home value is $137,400. Housing costs are 37% lower than the state median of $218,200. With a home-value-to-income ratio of just 2.3x, Lake Station is one of the most affordable housing markets in the area. 72.0% of occupied housing units are owner-occupied. This homeownership rate is 2% higher than the state average of 70.5%.

Race & Ethnicity

The largest racial or ethnic group in Lake Station is White (non-Hispanic), making up 59.1% of the population. Hispanic or Latino residents account for 32.8%. The Black or African American population (2.5%) is well below the state average of 9.1%. The Hispanic or Latino population is significantly higher than the state average (32.8% vs 8.6%).

Education

7.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 75% lower than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 77.7%.

Data Sources & Methodology

All demographic data for Lake Station, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Lake Station, Indiana?

Lake Station, Indiana has a population of 13,185 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Lake Station is $59,591, which is 26% lower than the national median of $80,734.

What is the poverty rate in Lake Station, IN?

The poverty rate in Lake Station is 15.4%. This means approximately 1,971 residents live below the federal poverty line.

What is the racial makeup of Lake Station, Indiana?

Lake Station's population is 59.1% White, 2.5% Black, 32.8% Hispanic/Latino, and 1.4% Asian.

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

The median home value in Lake Station is $137,400. The home-value-to-income ratio is 2.3x.

How educated is Lake Station, Indiana?

7.4% of adults (25+) in Lake Station hold a bachelor's degree or higher, and 1.9% hold a graduate or professional degree.