What is the median home price in Lake Station?

The median home price in Lake Station, Lake Station city, Indiana is $103,200, which is 63% below the national average of 281,900 ($281,900).

Is Lake Station safe?

Lake Station, Lake Station city, Indiana has a violent crime rate of 0.0 per 1,000 residents, which is 100% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 0.2 per 1,000 residents.

What is the Walk Score for Lake Station?

Lake Station, Lake Station city, Indiana has a Walk Score of 47 out of 100, classified as "Car-Dependent." The national average Walk Score is 48/100. The transit score is 0/100. The bike score is 53/100.

What is the median household income in Lake Station?

The median household income in Lake Station, Lake Station city, Indiana is $53,588, which is 28% below the national average of 74,580 ($74,580).

What is the average rent in Lake Station?

The median rent in Lake Station, Lake Station city, Indiana is $1,013 per month. The national average median rent is $1,163/month.

What is the air quality in Lake Station?

Lake Station, Lake Station city, Indiana has an Air Quality Index (AQI) of 44, categorized as "Good." The national average AQI is 42. An AQI under 50 is considered "Good."

What is the population of Lake Station?

The population of Lake Station, Lake Station city, Indiana is approximately 13,352. The homeownership rate is 35.0% (national average: 65.9%).

What are the climate risks in Lake Station?

Lake Station, Lake Station city, Indiana has an overall climate risk rating of "Relatively High" with a risk score of 84.70. This assessment considers hazards such as flooding, wildfire, extreme heat, and severe storms.

Is Lake Station affordable?

Lake Station, Lake Station city, Indiana has an affordability index of 159, which is above the national baseline of 100, indicating relatively affordable housing. The electricity rate is 14.6¢/kWh (national average: 16.6¢/kWh).

What is the unemployment rate in Lake Station?

The unemployment rate in Lake Station, Lake Station city, Indiana is 18.2%. The national average unemployment rate is 3.7%. The poverty rate is 18.2% (national average: 12.4%).

Lake Station

Lake Station city, Indiana

Affordable

About Lake Station

Considering a move to Lake Station? You'll find a welcoming community vibe with surprising affordability. Nestled in Northwest Indiana, this city of just over 13,000 residents offers a refreshing alternative to the soaring costs of many US markets. Forget the national median home value; here, you're looking at a median of just $103,200 – a steal! While the median household income of $53,588 is below the national average, the lower cost of living makes your money go much further. Lake Station is known for its quiet, residential atmosphere, ideal for those seeking a peaceful, family-friendly environment without sacrificing access to the amenities of nearby cities.

From an investment perspective, Lake Station presents a compelling opportunity. The housing market is stable, and the entry point is incredibly accessible. While I don't have unemployment figures, the affordability and proximity to employment centers in the broader region make this a practical choice for working families and first-time homebuyers. With a low cost of living and a focus on community, Lake Station is perfectly suited for those seeking a simpler, more affordable lifestyle.

Lake Station, Indiana at a Glance

Lake Station is a city in Lake Station city, Indiana with a population of approximately 13,352. The median home value is $103,200 and the median household income is $53,588. It has a Walk Score of 47 out of 100, indicating car dependency. The violent crime rate is 0.0 per 1,000 residents, which is 100% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively High." Median rent is $1,013 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.