CENSUS TRACT
Census Tract 405.01
Indiana · Lake County · 4,122 residents · 0.747 sq mi
Notable rankings
#92highest density in IN5,518/sq mi#235highest rent in IN$1,346#261highest commute in IN29.1 min#345highest home value in IN$271,600TRACT SHAPE · Lake County, IN
The short version
Census Tract 405.01 has roughly average household income, with a median household income of $79,333. Population has held roughly steady since 2020. Median home value is $271,600.
At a glance
Average income
near the US median
US median: $82,259
Older
median age 42.3
US median: 38.9
Less educated
27% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01
Population & growth
Total population
4,122
+11%since 2020
from 3,723 in 2020
2020 – 2024
Population density
5,518 / sq mi
+11%since 2020
from 4,984 / sq mi in 2020
US average: 281
Median age
42.3
+10%since 2020
from 38.5 in 2020
US average: 38.9
Population, 2020 – 2024
20244K
Section 02
Income & economy
Median household income
$79,333
+4%inflation adjusted, since 2020
from $62,750 in 2020
US average: $82,259
2020 – 2024
Per capita income
$41,755
+44%since 2020
from $28,974 in 2020
US average: $44,673
Households earning $100K+
51.7%
+13.6 ptssince 2020
from 38.1% in 2020
US average: 53.3%
Poverty rate
18.0%
−0.3 ptssince 2020
from 18.3% in 2020
US average: 12.5%
Income inequality (Gini)
0.438
+10%since 2020
from 0.400 in 2020
US average: 0.476
Workforce by industry, 2024
Retail trade14.6%
Finance & insurance9.3%
Professional, scientific, technical8.7%
Other services7.4%
Public administration6.9%
Information6.7%
Transportation & warehousing4.9%
Wholesale trade4.4%
Arts, entertainment, food2.5%
Education & health services0.6%
Agriculture, forestry, fishing0%
Construction0%
Manufacturing0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$271,600
+15%inflation adjusted, since 2020
from $195,200 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,346
−3%inflation adjusted, since 2020
from $1,147 in 2020
US average: $1,442
Owner-occupied
52.3%
+2.9 ptssince 2020
from 49.5% in 2020
47.7% rent
Vacancy rate
4.9%
−4.0 ptssince 2020
from 8.9% in 2020
US average: 10.0%
Owner cost-burdened
11.2%
−3.1 ptssince 2020
from 14.3% in 2020
US average: 22.9%
Renter cost-burdened
37.4%
+6.1 ptssince 2020
from 31.2% in 2020
US average: 47.4%
Afford Score
3.4
+10%since 2020
from 3.1 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 405.01 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic56.6%(2,106)
Black14.5%(541)
Hispanic / Latino17.9%(666)
Asian6.8%(255)
Other4.2%(155)
Diversity Score77.6%(2,888)
2024
White, non-Hispanic52.9%(2,181)
Black21.5%(888)
Hispanic / Latino21%(864)
Asian1.3%(54)
Other3.3%(135)
Diversity Score78.6%(3,238)
Diversity Score
79
+1%since 2020
from 78 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
27.2%
−5.1 ptssince 2020
from 32.3% in 2020
US average: 35.6%
High school or higher
94.0%
−1.3 ptssince 2020
from 95.3% in 2020
US average: 89.6%
Graduate degree
7.6%
−2.6 ptssince 2020
from 10.2% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
29.1 min
+6%since 2020
from 27.5 min in 2020
US average: 26.5
Drive alone to work
82.7%
−7.0 ptssince 2020
from 89.7% in 2020
US average: 68.9%
Carpooled to work
4.5%
−2.5 ptssince 2020
from 7.0% in 2020
US average: 8.5%
Public transit
2.5%
+0.8 ptssince 2020
from 1.6% in 2020
US average: 3.2%
Worked from home
9.6%
+9.0 ptssince 2020
from 0.6% in 2020
US average: 15.0%
Walked to work
0.0%
−1.1 ptssince 2020
from 1.1% in 2020
US average: 2.4%
Biked to work
0.7%
+0.7 ptssince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
11.5%
+0.8 ptssince 2020
from 10.8% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
7.7%
+1.6 ptssince 2020
from 6.1% in 2020
US average: 5.2%
Labor force participation
64.2%
−1.2 ptssince 2020
from 65.4% in 2020
US average: 63.5%
Self-employed
7.7%
−10.5 ptssince 2020
from 18.2% in 2020
US average: 13.1%
Management & professional
43.0%
+3.9 ptssince 2020
from 39.1% in 2020
US average: 42.5%
Section 08
People & community
Male
47.3%
−3.5 ptssince 2020
from 50.8% in 2020
Female
52.7%
+3.5 ptssince 2020
from 49.2% in 2020
Foreign born
7.2%
−3.0 ptssince 2020
from 10.2% in 2020
US average: 14.1%
Veterans
5.5%
+0.9 ptssince 2020
from 4.6% in 2020
US average: 6.2%
With a disability
12.1%
+3.1 ptssince 2020
from 9.0% in 2020
US average: 13.3%
Uninsured
3.1%
−2.6 ptssince 2020
from 5.7% in 2020
US average: 8.4%
Broadband at home
94.1%
+4.6 ptssince 2020
from 89.5% in 2020
US average: 91.0%
English only at home
82.6%
+1.1 ptssince 2020
from 81.5% in 2020
US average: 77.7%
Spanish at home
11.8%
+6.1 ptssince 2020
from 5.7% in 2020
US average: 13.6%
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Compare Census Tract 405.01 to nearby tracts
CENSUS TRACT 405.01 VS
Census Tract 8285.07
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Home value$206,500−24%
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CENSUS TRACT 405.01 VS
Census Tract 8281
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CENSUS TRACT 405.01 VS
Census Tract 8285.08
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CENSUS TRACT 405.01 VS
Census Tract 8280
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Frequently asked
How many people live in this census tract?
this census tract has about 4,122 residents according to the 2024 American Community Survey.
What is the median household income in this census tract?
The typical household in this census tract earns about $79,333 a year. Half of households make more than that, and half make less.
Is this census tract expensive?
In this census tract, the median home is worth about $271,600, and the typical rent is about $1,346 a month.
How educated are people in this census tract?
About 27.2% of adults age 25 and over in this census tract hold a bachelor's degree or higher.
What is the poverty rate in this census tract?
About 18.0% of people in this census tract live below the federal poverty line.
Keep going
Explore from here
Containing area
Lake CountyOther census tracts in Lake County
Census Tract 429.01Census Tract 434.01Census Tract 434.03Census Tract 432.03Census Tract 433.02Census Tract 426.02Census Tract 431.04Census Tract 429.04Census Tract 425.01Census Tract 420Census Tract 421Census Tract 426.07Census Tract 418Census Tract 409Census Tract 422Census Tract 427.02DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024