HomeIndianaLake CountyLake Station city
Lake Station city, Indiana: commercial real estate data.
Lake Station city is a Census city of 13,185 people across 8.29 square miles of land, in Lake County. Median household income is $59,591, 72.0 percent of occupied homes are owned, and the SBA record carries 6 7(a) approvals to borrowers here worth $2.4 m.
76 sourced place values · tier FULL · 8 sections
Lake Station
What Lake Station is
- Census place typecity
- Land area8.29 sq mi
- Water area0.13 sq mi
- Population per square mile of land1,590
- County holding the largest share of its areaLake County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Station
How many people live in Lake Station
- Population13,185
- Median age33.5
- Population under 183,363
- Share under 1825.5 percent
- Population 65 and over1,648
- Share 65 and over12.5 percent
- Households4,694
- Family households3,215
- Share of households that are families68.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Station
Income and work in Lake Station
- Median household income$59,591
- Per capita income$26,896
- Civilian labor force6,146
- Employed5,142
- Unemployed1,004 plus or minus 468
- Unemployment rate16.3 percent plus or minus 7.4
- Adults 25 and over8,204
- Adults 25 and over with a high school diploma or higher77.7 percent
- Adults 25 and over with a bachelor degree or higher7.4 percent plus or minus 2.6
- Adults 25 and over with a graduate degree1.9 percent plus or minus 1.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Station
Housing in Lake Station
- Housing units4,947
- Occupied units4,694
- Vacant units253 plus or minus 114
- Vacancy rate5.1 percent plus or minus 2.3
- Owner occupied3,379
- Renter occupied1,315 plus or minus 358
- Ownership rate72.0 percent
- Median owner-occupied home value$137,400
- Median gross rent, monthly$1,124
- Annual rent as a share of median income22.6 percent
- Single family units4,097
- Share single family82.8 percent
- Units in buildings of two or more355 plus or minus 196
- Share in buildings of two or more7.2 percent plus or minus 3.9
- Mobile homes495 plus or minus 170
- Median year structure built1965
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Station
How Lake Station gets to work
- Workers 16 and over who commute4,700
- Commuting under 15 minutes1,011 plus or minus 300
- Share commuting under 15 minutes21.5 percent plus or minus 5.8
- Commuting 30 minutes or more1,674 plus or minus 414
- Share commuting 30 minutes or more35.6 percent plus or minus 7.7
- Drove alone85.3 percent
- Carpooled5.8 percent plus or minus 3.0
- Public transport0.0 percent
- Walked1.7 percent plus or minus 1.4
- Worked from home4.4 percent plus or minus 2.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Station
SBA 7(a) lending to Lake Station borrowers
- Approvals6
- Gross approval$2,362,300
- Average approval$393,717
- Median approval$350,000
- Ninetieth percentile approval$974,800
- Largest approval$974,800
- Jobs supported177
- Jobs per approval29.5
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more33.3 percent
- Share to franchises0.0 percent
- Distinct lenders3
- Distinct industries by NAICS5
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Lake Station
SBA 504 lending to Lake Station borrowers
- Approvals2
- Gross approval$413,000
- Average approval$206,500
- Median approval$257,000
- Largest approval$257,000
- Jobs supported12
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Lake County, not Lake Station
Lake County context, not Lake Station figures
These are Lake County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Lake Station measurements.
- Establishments in Lake County10,566
- Employment at those establishments, Lake County171,790
- Covered employment, Lake County191,633
- Average annual pay, Lake County$61,200
- Average weekly wage, Lake County$1,177
- Housing units permitted, Lake County1,649
- Of those, single family, Lake County1,621
- County product, 2024, Lake County$31,242,109,000
- County product change over the prior year, Lake County3.3 percent
- Average income of an arriving household, Lake County$56,327
Every figure in this section is published for Lake County as a whole and is not a measurement of Lake Station. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Lake Station questions, answered from the record.
How many people live in Lake Station, Indiana?
13,185, in 4,694 households. Lake Station city covers 8.29 square miles of land, which is 1,590 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Lake Station in?
Lake County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Lake Station?
$59,591. The median owner-occupied home is valued at $137,400. Median gross rent is $1,124 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Lake Station businesses?
6 7(a) approvals totalling $2.4 m, across 3 lenders, median approval $350,000, plus 2 504 approvals worth $413,000. These count approvals to borrowers whose address is in Lake Station, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Lake Station borrowers get paid back?
No rate is published for Lake Station. only 1 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Lake Station figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Lake County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Lake Station.
Is zoning published for Lake Station?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.