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CITY · 2020 ACS

Lake

Indiana · 748 residents · 3.944 sq mi
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The short version

Lake is wealthier than most US places, with a median household income of $73,563. Population has declined 13% since 2000. 21% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value is $111,100. With a median age of 45.7, the population is older than the US median of 38.8. Households here earn about 26% more than the Indiana median.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 45.7
US median: 38.8
Less educated
21% hold a bachelor's degree
US average: 33%
More affordable
home values down 24%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
748
−13%since 2000
from 855 in 2000
2000 – 2024
Population density
190 / sq mi
−13%since 2000
from 217 / sq mi in 2000
US average: 280
Median age
45.7
+35%since 2000
from 33.9 in 2000
US average: 38.8
Population, 2000 – 2024
5015976947918872000201020202024Lake
2024705
2000201020202024
Section 02

Income & economy

Median household income
$73,563
+24%inflation adjusted, since 2000
from $39,474 in 2000
US average: $66,278
2000 – 2024
Per capita income
$26,411
+53%since 2000
from $17,280 in 2000
US average: $35,364
Households earning $100K+
45.6%
+23.2 ptssince 2009
from 22.3% in 2009
US average: 43.9%
Poverty rate
38.6%
+33.5 ptssince 2000
from 5.2% in 2000
US average: 12.8%
Workforce by industry, 2020
Information43%
US avg: 11.1%
Retail trade14.5%
US avg: 10%
Wholesale trade9%
US avg: 6.7%
Other services4.1%
US avg: 6.6%
Public administration4.1%
US avg: 4.7%
Transportation & warehousing2.2%
US avg: 2.5%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Finance & insurance0%
US avg: 5.5%
Professional, scientific, technical0%
US avg: 4.7%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$111,100
−24%inflation adjusted, since 2000
from $97,400 in 2000
US average: $265,253
2000 – 2024
Owner-occupied
77.7%
−2.4 ptssince 2000
from 80.1% in 2000
22.3% rent
Afford Score
1.5
−39%since 2000
from 2.5 in 2000
2000 – 2024
RELATED:See current rent listings in Lake on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic92.6%(792)
Black0.1%(1)
Hispanic / Latino3.7%(32)
Asian0.2%(2)
Other0%
Diversity Score10.2%(87)
2020
White, non-Hispanic89.4%(669)
Black0.3%(2)
Hispanic / Latino3.1%(23)
Asian0.4%(3)
Other0%(0)
Diversity Score9.7%(73)
Diversity Score
10
−5%since 2000
from 10 in 2000
2000 – 2024
Section 05

Education

Bachelor's degree or higher
21.2%
+16.4 ptssince 2000
from 4.8% in 2000
US average: 32.9%
High school or higher
86.7%
+10.2 ptssince 2000
from 76.4% in 2000
US average: 88.5%
Graduate degree
3.3%
+3.3 ptssince 2000
from 0.0% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
29.8 min
−6%since 2000
from 31.7 min in 2000
US average: 26.9
Drive alone to work
68.8%
−21.9 ptssince 2009
from 90.6% in 2009
US average: 75.1%
No vehicle available
12.7%
+12.7 ptssince 2009
from 0.0% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
7.1%
−1.8 ptssince 2011
from 8.9% in 2011
US average: 5.4%
Labor force participation
69.3%
−3.5 ptssince 2011
from 72.8% in 2011
US average: 63.4%
Management & professional
17.5%
−40.4 ptssince 2009
from 57.9% in 2009
US average: 39.3%
Section 08

People & community

Male
51.1%
+4.2 ptssince 2009
from 46.9% in 2009
Female
48.9%
−4.2 ptssince 2009
from 53.1% in 2009
Foreign born
2.4%
+2.4 ptssince 2009
from 0.0% in 2009
US average: 13.5%
Uninsured
1.7%
−80.4 ptssince 2013
from 82.1% in 2013
US average: 8.8%
Drill deeper

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Pop 702
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Pop 757
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Pop 762
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Pop 873
Places similar to Lake
Head to head

Compare Lake to nearby cities

LAKE VS
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Income$84,024+14%
Home value$248,000+123%
Population11,853+1581%
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LAKE VS
Cedar Lake
Income$83,381+13%
Home value$282,000+154%
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LAKE VS
Crown Point
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Home value$294,800+165%
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LAKE VS
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Home value$173,400+56%
Population15,214+2058%
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Frequently asked

How many people live in Lake, Indiana?

Lake, Indiana has about 748 residents according to the 2020 American Community Survey.

What is the median household income in Lake, Indiana?

The typical household in Lake, Indiana earns about $73,563 a year. Half of households make more than that, and half make less.

Is Lake, Indiana expensive?

In Lake, Indiana, the median home is worth about $111,100.

How educated are people in Lake, Indiana?

About 21.2% of adults age 25 and over in Lake, Indiana hold a bachelor's degree or higher.

What is the poverty rate in Lake, Indiana?

About 38.6% of people in Lake, Indiana live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →