Lake Village CDP, Indiana Demographics & Population 2026
As of 2026, Lake Village CDP, Indiana has a total population of 533, the 498th largest city in Indiana, with a median household income of N/A. The poverty rate is 27.0%.
Key Takeaways
- More than 1 in 4 residents live below the poverty line (27.0%), well above the national average of 12.4%.
- Near full employment with an unemployment rate of just 0.0%.
Lake Village CDP Quick Facts
How Lake Village CDP Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Lake Village CDP Rankings in Indiana
Explore Indiana Rankings
Cities Similar to Lake Village CDP
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Laketon CDP | 532 | $78,750 | $196,700 | 0.0% | 4.7% |
| Wellsboro CDP | 532 | $148,750 | $118,900 | 2.5% | 0.0% |
| Etna Green town | 535 | $64,342 | $111,000 | 10.2% | 11.8% |
| Belleville CDP | 536 | $71,484 | $219,200 | 16.8% | 11.5% |
| Lakewood CDP | 530 | $107,574 | $269,400 | 47.7% | 0.0% |
Population Overview
Lake Village CDP is a small community located in Indiana. The total population is 533. It ranks as the 498th most populous out of 967 cities and towns in Indiana.
Age Demographics
The median age in Lake Village CDP is 61.8 years. This is 63% higher than the state median of 38.0 years. Only 8.3% of residents are under 18, indicating fewer families with children.
Economy, Income & Housing
The poverty rate stands at 27.0%. This is 121% higher than the state poverty rate of 12.2%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 0.0%. This is 100% lower than the state rate of 4.3%. The median home value is $152,700. Housing costs are 24% lower than the state median of $201,600. 71.2% of occupied housing units are owner-occupied. This homeownership rate is 1% higher than the state average of 70.3%.
Race & Ethnicity
Lake Village CDP has a predominantly White (non-Hispanic) population, comprising 96.8% of all residents. Hispanic or Latino residents account for 3.2%. The Hispanic or Latino population (3.2%) is well below the state average of 8.4%.
Education
22.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 23% 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 91.4%.
Data Sources & Methodology
All demographic data for Lake Village CDP, 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 Village CDP, Indiana?
Lake Village CDP, Indiana has a population of 533 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Lake Village CDP, IN?
The median household income in Lake Village CDP is N/A, which is the national median of $78,538.
What is the poverty rate in Lake Village CDP, IN?
The poverty rate in Lake Village CDP is 27.0%. This means approximately 144 residents live below the federal poverty line.
What is the racial makeup of Lake Village CDP, Indiana?
Lake Village CDP's population is 96.8% White, 0.0% Black, 3.2% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Lake Village CDP, IN?
The median home value in Lake Village CDP is $152,700.
How educated is Lake Village CDP, Indiana?
22.1% of adults (25+) in Lake Village CDP hold a bachelor's degree or higher, and 8.1% hold a graduate or professional degree.