Lake Station Indiana Real Estate
Lake Station, Indiana, is located in Lake County, 3 miles E of Gary, Indiana and 29 miles SE of Chicago, Illinois. Lake Station has a population of 13,948.
Lake Station Homes
Lake Station properties pool is 5,049 residential properties including Lake Station new homes. Median age of real estate in Lake Station is 1956. Average Household size is 3.24 people. 4% are one bedroom homes, 33% are 2 bedroom homes, 48% are 3 bedroom homes, 13% are 4 bedroom homes, and 2% are 5+ bedroom homes.
Lake Station Mortgage Statistics
Lake Station mortgages vs. USA median statistics
Homes |
Lake Station |
USA |
Homes With No Mortgage |
29% |
30% |
Homes With Mortgage |
71% |
70% |
First Mortgage Only |
54% |
54% |
First & Second Mortgage or HELOC |
17% |
16% |
Lake Station Area Real Estate Tax
Lake Station Real estate Tax: Median Real Estate Taxes (2000) were $617 comparing to 1999 Median Family income $ 41,454. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Lake Station School District: Children make up 27.1% of Lake Station population. Lake Station has 3,776 under 18 years old residents, or 0.65 kids per one worker, or 0.75 kids per one household.
Lake Station Real Estate & Lake Station Homeownership
There are 1161.27 or 23% one person households, 1514.7 or 30% two person households, and 908.82 or 18% three person households in Lake Station, Indiana. Median residents age is 32.9, Senior citizens (65+) make up 1,485 or 10.6%% of Lake Station population.
There are 5,816 workers (over 16 years of age) in Lake Station. Of these, 95.7% drive to work. Approximately 1.07% of workers in Lake Station take public transportation. An estimated 1.07% walk to work.
Median Lake Station homeowner's housing expences are 17.9%
Crime in Lake Station (2003), crimes per 10,000 residents per year
Type of Crime |
Lake Station |
USA, 2003 |
Violent Crimes |
NaN |
47.5 |
Robberies |
NaN |
14.2 |
Aggravated Assaults |
NaN |
29.5 |
Property Crimes |
NaN |
358.8 |
Burglaries |
NaN |
74.0 |
Larceny-Thefts |
NaN |
241.5 |
Motor Vehicle Thefts |
NaN |
43.3 |
Invest in Lake Station Properties
When making a decision about buying real estate in Lake Station Indiana area, you should consider following statistical data:
Category |
Lake Station |
USA |
Near Medium City |
Gary, Indiana |
- |
Near Large City |
Chicago, Illinois |
- |
Lake Station Zip Codes |
46405 |
- |
Lake Station Area Codes |
219 |
- |
White population |
86.23% |
75.1% |
African-American population |
0.77% |
12.3% |
Asian |
0.3% |
3.6% |
American Indian & Alaskan |
0.5% |
0.9% |
Hispanic (of any race) |
20.61% |
12.5% |
Median Family Income (1999) |
$ 41,454% |
$42,000 |
Population Below Poverty Level |
14.4% |
12.4% |
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