Is Lake Station, IN growing?
Lake Station, IN had an estimated 13,185 (±475) residents in 2020–2024, against 12,002 in 2015–2019.
That is a change of +9.9%, a measurable increase.
Its housing went from 4,860 to 4,947 homes (+1.8%), not a measurable change.
1.0% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 13,185 (±475)
- Amount of change
- +9.9%
- Homes change
- +1.8%
- Built 2020 or later
- 1.0%
Residents and homes in Lake Station, 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 12,002 (±24) | 13,185 (±475) | +9.9% | Measurable increase |
| Housing units | 4,860 (±284) | 4,947 (±300) | +1.8% | Not a measurable change |
| Households that rent | 29.2% (±4.7 points) | 28.0% (±6.9 points) | −1.2 percentage points | Not a measurable change |
| Median gross rent | $953 (±$48) | $1,124 (±$84) | +17.9% | No measurable change after inflation |
| Median home value | $84,400 (±$2,544) | $137,400 (±$8,977) | +62.8% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Growth in Lake Station against Lake County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Lake Station | +9.9% | Measurable increase | +1.8% |
| Lake County | +3.0% | Measurable increase | +2.1% |
| Indiana | +2.8% | Measurable increase | +3.1% |
| United States | +3.1% | Measurable increase | +4.6% |
A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.
New homes in Lake Station
| Year built | Lake Station | Lake County | Indiana | United States |
|---|---|---|---|---|
| 2020 or later | 1.0% (±1.1 points) | 1.1% | 1.7% | 2.0% |
| 2010 to 2019 | 3.1% (±2.0 points) | 5.7% | 8.0% | 9.4% |
| 2000 to 2009 | 4.4% (±2.0 points) | 11.2% | 12.3% | 13.6% |
4.1% of the homes in Lake Station were built in 2010 or later.
The median age of residents is 33.5 years.
Growth in places near Lake Station
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Lake Station | — | 13,185 | +9.9% | Measurable increase |
| New Chicago | 1.6 mi | 2,225 | +36.3% | Measurable increase |
| Hobart Township | 2.2 mi | 40,326 | +5.5% | Measurable increase |
| Portage Township (Porter County) | 3.9 mi | 48,418 | +2.5% | Measurable increase |
| Portage | 4.0 mi | 38,082 | +3.9% | Measurable increase |
| Hobart | 4.5 mi | 29,558 | +5.4% | Measurable increase |
| Ogden Dunes | 4.8 mi | 1,140 | −2.0% | Not a measurable change |
| Gary | 5.0 mi | 68,113 | −10.4% | Measurable decrease |
| Calumet Township | 5.5 mi | 90,784 | −8.3% | Measurable decrease |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Lake Station
Is Lake Station growing?
Lake Station, IN had an estimated 13,185 residents in 2020–2024 and 12,002 in 2015–2019, a change of +9.9%: a measurable increase by the Census Bureau’s test.
How many homes have been added in Lake Station?
The estimated number of housing units went from 4,860 in 2015–2019 to 4,947 in 2020–2024 (+1.8%), not a measurable change.
How much new construction is there in Lake Station?
1.0% of homes in Lake Station were built in 2020 or later and 3.1% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Lake Station city, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Station city, Indiana
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Lake Station city, Indiana
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Lake Station city, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lake Station city, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake Station city, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lake Station city, Indiana
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lake Station city, Indiana (place:41535, in state:18).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Lake Station at a glance
- Median rent in Lake Station
- Rent by bedrooms in Lake Station
- Rent burden in Lake Station
- Renters and owners in Lake Station
- Income and affordability in Lake Station
- Home values in Lake Station
- Homeowner costs in Lake Station
- Property taxes in Lake Station
- Types of homes in Lake Station
- Bedrooms in Lake Station
- Age of homes in Lake Station
- Vacancy rate in Lake Station
- Heating fuel in Lake Station
- Commute and cars in Lake Station
- How long people stay in Lake Station
- Crowding and facilities in Lake Station
- Fair Market Rent in Lake Station
- Indiana landlord and tenant rules
- Housing across Lake County
- Housing data for every place in Indiana