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Lake Village, Indiana

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
705
Population
$85,078
Median Income
$250,500
Home Value
59.3
Median Age

Demographics

Lake Village has a population of 705 with a median age of 59.3. Here is the racial and ethnic breakdown of the population:

White
89.1%
Hispanic
14.5%
Demographic Value
Total Population705
Median Age59.3
White89.1%
Hispanic or Latino14.5%
Lake Village, Indiana — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 104.White: 86.0%Hispanic/Latino: 14.0%705PopulationWhiteWhite86.0%Hispanic/LatinoHispanic/Latino14.0%

Income & Economy

The median household income in Lake Village is $85,078, which is 5.5% above the national median of $80,610. The per capita income is $37,497. The poverty rate is 19.1%.

$85,078
Median Household Income
$37,497
Per Capita Income
19.1%
Poverty Rate

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Education

In Lake Village, 97.5% of residents age 25+ have a high school diploma or higher, and 15.5% hold a bachelor's degree or higher (2.5% with a graduate or professional degree).

HS Diploma+
97.5%
Bachelor's+
15.5%
Graduate+
2.5%
Education Level % of Adults (25+)
High School Diploma or Higher97.5%
Bachelor's Degree or Higher15.5%
Graduate or Professional Degree2.5%

Housing

The median home value in Lake Village is $250,500, below the national median of $303,400. The homeownership rate is 77.8%.

$250,500
Median Home Value
77.8%
Homeownership Rate
Housing Metric Value
Median Home Value$250,500
Homeownership Rate77.8%
Vacancy Rate3.3%

Salaries in Indiana

Explore salary data for popular occupations in Indiana:

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Other Cities in Indiana

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Frequently Asked Questions

What is the population of Lake Village, Indiana?
The population of Lake Village, Indiana is 705 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lake Village, Indiana?
The median household income in Lake Village, Indiana is $85,078. This is 5.5% above the national median of $80,610.
What is the median home value in Lake Village, Indiana?
The median home value in Lake Village, Indiana is $250,500.
What percentage of people in Lake Village have a college degree?
In Lake Village, Indiana, 15.5% of adults age 25 and older hold a bachelor's degree or higher, and 97.5% have a high school diploma or higher.
Is Lake Village, Indiana an affordable place to live?
The home price-to-income ratio in Lake Village, Indiana is 2.9x (median home value $250,500 vs. median income $85,078), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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