Is Lake Station, Indiana a Good Place To Live? - Living In Lake Station, IN

Is Lake Station, Indiana a good place to live?
Lake Station is a city in Indiana state in USA with a population of 11952 residents.. The poverty rate of Lake Station is 17.3%, which is 24% higher than national average. The typical household in Lake Station earns $48585 a year, compared to the national median of $67,500. Nearly 51.8% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Lake Station, only 80% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Lake Station remained 16.5%, which is 251% higher than national rate. Nearly 4 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Lake Station, only 9% of adults have a bachelor's degree and 24% have some college but no degree.

Cost of living in Lake Station is 93, which is 7% lower than national average. Median home value in Lake Station is $86100 , which is 63% lower than national average. While median income in Lake Station remained $48585, which is 28% lower than national average.
Population
11952
Unemployment
16.5%
251% NAT AVG.
Poverty
17.3%
24% NAT AVG.
Overall Score
5
Median Home Cost
$86100
63% NAT AVG.
Median Income
$48585
28% NAT AVG.
Median Rent
$941
19% NAT AVG.
Cost Of Living
93
7% NAT AVG.
People Living BPL
1 in 6
Unemployed People
1 in 6
People Earning < $10,000
1 in 13
People Earning < $50,000
51.8%
People with <= High School
1 in 1.5
People With Any Degree
1 in 7.7
Pros & Cons Overview

Jobs40%

Housing60%

Affordability80%

Safety85%

Amenities85%

Diversity85%

Education40%

Commute60%