What percentage of people rent in Lake Station, IN?

Name: Renters and owners in Lake Station, IN, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

28.0% (±6.9 points) of the occupied homes in Lake Station, IN are rented (2020–2024 American Community Survey).

That is 1,315 renting households against 3,379 that own their home.

In Lake Station, the share of households that rent went from 29.2% in 2015–2019 to 28.0% in 2020–2024 (−1.2 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 28.0% (±6.9 points)
Renting households: 1,315 (±358)
Median renter income: $45,365 (±$19,423)

Who rents and who owns in Lake Station

Tenure, estimate (90% margin of error)
	Lake Station	Lake County	Indiana	United States
Renter-occupied share	28.0% (±6.9 points)	28.3% (±0.8 points)	29.4% (±0.3 points)	34.8%
Renting households	1,315 (±358)	55,274 (±1,617)	799,766 (±7,038)	45,017,354
Owning households	3,379 (±327)	139,856 (±1,530)	1,916,243 (±9,865)	84,210,142
Average renter household size	2.7 (±0.4)	2.4 (±0.0)	2.2 (±0.0)	2.3
Average owner household size	2.8 (±0.2)	2.6 (±0.0)	2.6 (±0.0)	2.6
Median renter household income	$45,365 (±$19,423)	$41,002 (±$1,339)	$42,811 (±$480)	$52,966
Median owner household income	$66,525 (±$8,931)	$88,178 (±$2,255)	$87,459 (±$395)	$100,009

In Lake Station, the renter share is not measurably different from Lake County (28.3%).

It is not measurably different from Indiana (29.4%).

It is not measurably different from the national figure (34.8%).

In Lake County, Lake Station ranks 13 of 31 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 408 of 1,600.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Lake Station has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
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 household income	$47,857 (±$4,393)	$59,591 (±$7,300)	+24.5%	No measurable change 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.

Households that rent in places near Lake Station

Nearest places with a published estimate, compared with Lake Station
Place	Distance	Households that rent	Compared with this place
Lake Station	—	28.0% (±6.9 points)	—
New Chicago	1.6 mi	31.8% (±8.9 points)	Not measurably different
Hobart Township	2.2 mi	28.1% (±3.8 points)	Not measurably different
Portage Township (Porter County)	3.9 mi	26.3% (±2.4 points)	Not measurably different
Portage	4.0 mi	27.1% (±3.1 points)	Not measurably different
Hobart	4.5 mi	30.5% (±4.2 points)	Not measurably different
Ogden Dunes	4.8 mi	0.6% (±1.3 points)	Lower
Gary	5.0 mi	50.9% (±2.1 points)	Higher
Calumet Township	5.5 mi	45.3% (±1.9 points)	Higher

Nearby places with a measurably lower figure: Ogden Dunes, IN (0.6%).

Nearby places with a measurably higher figure: Gary, IN (50.9%), Calumet Township, IN (45.3%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Lake County, place by place

Rank	Place	Households that rent
7	New Chicago	31.8% (±8.9 points)
8	Hobart	30.5% (±4.2 points)
9	Ross Township (Lake County)	29.6% (±2.9 points)
10	Merrillville	29.5% (±3.4 points)
11	Griffith	28.3% (±4.4 points)
12	Hobart Township	28.1% (±3.8 points)
13	Lake Station	28.0% (±6.9 points)
14	Highland	21.6% (±3.3 points)
15	Schneider	20.4% (±16.1 points)
16	Schererville	20.1% (±3.1 points)
17	Lowell	15.7% (±3.8 points)
18	Cedar Lake	14.8% (±4.4 points)
19	Crown Point	14.5% (±2.4 points)

Showing 13 of 31 places in Lake County, ranked from highest to lowest.

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

How many renters are there in Lake Station?

Lake Station has an estimated 1,315 (±358) renting households, 28.0% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Lake Station?

In Lake Station, the share of households that rent went from 29.2% in 2015–2019 to 28.0% in 2020–2024 (−1.2 percentage points), not a measurable change.

How big are renting households in Lake Station?

A renting household in Lake Station has 2.7 people on average, against 2.8 in an owned home.

How much do renters earn in Lake Station?

The median renting household in Lake Station, IN has an income of $45,365 (±$19,423) a year, against $66,525 for households that own their home.

Sources

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) and detailed tables (acs/acs5) 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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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.