Median Income
$53,588
household / year
Median Home Value
$103,200
owner-occupied
Median Rent
$1,109
gross / month
Cost of Living
103
national avg = 100

Is Lake Station, IN a Good Place to Live?

Lake Station is a small city of 13,352 in Indiana, with a median household income of $53,588 and a 18.2% unemployment rate. Its cost of living index is 103 (US average = 100), which is 3% above the national average.

Strengths: Lake Station stands out for below-average home prices.

Trade-offs: Potential downsides include an elevated unemployment rate. Whether Lake Station is right for you depends on your priorities — the full breakdown is below.

All Lake Station city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 102.6

Lake Station's overall cost of living index is 102.6, where 100 represents the US national average. Living in Lake Station costs roughly 3% more than the average American city.

Metric Lake Station, IN National Avg
Median Home Value $103,200 $244,900
Median Monthly Rent $1,109 $1,163
Homeownership Rate 67.0% 65.9%
Median Household Income $53,588 $74,755

Crime & Safety

Very Safe

Lake Station's violent crime rate is 196.1 per 100,000 residents — 48% lower than the national average of ~380 per 100,000.

Violent Crime
196.1 /100k
Property Crime
945.6 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Lake Station is served primarily by Lake Station Community Schools. The student-to-teacher ratio is 16.1:1 (slightly above the national average of ~16:1).

Metric Lake Station, IN National Avg
School District Lake Station Community Schools
Elementary Schools 2
Middle Schools N/A
High Schools 1
Student/Teacher Ratio 16.1:1 16:1
Bachelor's Degree or Higher 9.2% 35.4%
High School Diploma or Higher 78.1% 91.1%

Weather & Climate

Lake Station sees average highs of 32.1°F in January and 81.6°F in July, with 40.8 inches of annual precipitation and 40.3 inches of snow per year.

MetricLake Station, IN
Average High — January32.1°F
Average High — July81.6°F
Annual Precipitation40.8"
Annual Snowfall40.3"

Demographics

MetricLake Station, INNational Avg
Population13,352
Median Age32.638.9
Unemployment Rate18.2%3.7%
Avg Commute Time26.6 min26 min
White (non-Hispanic)70.1%59.3%
Black or African American3.6%13.6%
Hispanic or Latino20.8%18.9%
Asian1.6%6.3%
Under 1825.5%22.2%
65 and over12.2%16.8%

Nearby Cities

ZIP Codes in Lake Station

Lake Station, IN is covered by 1 ZIP code:

Lake Station vs Other Cities

Frequently Asked Questions

Lake Station's cost of living index is 103, where 100 is the national average. That puts Lake Station roughly 3% above the national average in cost. The median home price is $103,200 and median rent is $1,109/month.
Lake Station's violent crime rate is 196.1 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 945.6 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Lake Station are operated by Lake Station Community Schools. The district has 2 elementary, several middle, and 1 high schools. The student-to-teacher ratio is 16.1:1. 9.2% of adults 25+ hold a bachelor's degree or higher.
Lake Station, IN has a population of 13,352, a median household income of $53,588, and an unemployment rate of 18.2%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Lake Station averages 32.1°F in January and 81.6°F in July. Annual rainfall is 40.8 inches with about 40.3 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Lake Station, IN is covered by 1 ZIP code: 46405.
The population of Lake Station, Indiana is 13,352 with a median age of 32.6. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Lake Station: cost of living index 103 (100 = US average), median home $103,200, median household income $53,588, crime index 49 (100 = US average, lower is safer), schools rated C+. Whether these are benefits or drawbacks depends on where you're coming from — compare Lake Station side by side with your current city to see the trade-offs.