HomeIndianaLake CountyLake Station
Lake Station, Indiana: commercial real estate data.
Lake Station 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 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
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 loans in Lake Station (7(a))
- Approvals6
- Gross approval$2,362,300
- Average approval$393,717
- Median approval$325,000
- Largest approval$974,800
- Jobs supported177
- Jobs per approval29.5
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term113 months
- Share on real estate terms of 20 years or more33.3 percent
- Share to franchises0.0 percent
- Distinct lenders3
- Distinct industries by NAICS5
Counted by borrower city: approvals to borrowers whose address is in Lake Station, in any county, FY2020 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Lake Station
SBA loans in Lake Station (504)
- Approvals2
- Gross approval$413,000
- Average approval$206,500
- Median approval$206,500
- Largest approval$257,000
- Jobs supported12
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Lake Station, in any county, FY2010 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Lake Station
Flood risk in Lake Station
- NFIP communityCity of Lake Station
- NFIP community number180131
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date01/26/23
The City of Lake Station participates in the National Flood Insurance Program as community 180131 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Lake County, not Lake Station
Lake County context, not Lake Station figures
- Establishments in Lake County10,566
- Covered employment, Lake County191,633
- Average annual pay, Lake County$61,200
- Housing units permitted, Lake County1,649
Every figure in this section is published for Lake County as a whole and is not a measurement of Lake Station.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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 totaling $2.4 m since FY2020, across 3 lenders, median approval $325,000, plus 2 504 approvals worth $413,000 since FY2010. 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 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Lake Station in the National Flood Insurance Program?
Yes. Lake Station appears in the FEMA Community Status Book as Lake Station, city of, community 180131, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Lake Station figures?
No, and they are labeled 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?
No. Nothing on this page presents parcel level zoning.