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Lake Station, IN
Full City Profile · Indiana · Lake County County
2.6
/5.0
C+
Fair
13,109
Population
1,581/sq mi density
$56,306
Median Income
$25,980 per capita
$124,800
Home Value
$148,706 Zillow
$1,115
Median Rent
28.3% income on rent
50°F
Avg Temperature
275 sunny days/yr
181
Violent Crime/100K
5,062 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.7 / 5.0
$56,306 median income, 9.0% unemployment
A+
Affordability
5.0 / 5.0
$124,800 home value, $1,115/mo rent
F
Safety
1.0 / 5.0
181 violent crimes/100K
D
Education
1.7 / 5.0
8.7% bachelor's degree or higher
Housing Overview
Median Home Value
$124,800
56% below
US avg: $281,900
Median Rent
$1,115/mo
4% below
US avg: $1,163/mo
Homeownership Rate
69.5%
6% above US avg (65.4%)
Total Housing Units
5,252
Median year built: 1959
Home Value by Source
Census Median
$124,800
Zillow (ZHVI)
$148,706
Median Sale Price
$168,000
Median List Price
$234,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
69.5%
Owner-Occupied
30.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$1,115/mo
Market Indicators (Redfin)
Median Days on Market
27 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
11
Price Drops
18.2%
of listings with price reduction
Price Per Sq Ft
$135
Active Inventory
22
homes for sale
Affordability & Housing Stock
Rent Burden
28.3%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
1959
Average age of housing stock: 67 years
Homeownership Rate
69.5%
Complete Housing Data
Home Values
| Census Median Value | $124,800 |
| Zillow Home Value (ZHVI) | $148,706 |
| Median Sale Price | $168,000 |
| Median List Price | $234,900 |
| Price Per Sq Ft | $135 |
Rent
| Census Median Rent | $1,115 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
| Days on Market | 27 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 18.2% |
| Homes Sold | 11 |
| Active Inventory | 22 |
| Price Per Sq Ft | $135 |
Ownership & Stock
| Owner-Occupied | 69.5% |
| Renter-Occupied | 30.5% |
| Homeownership Rate | 69.5% |
| Total Housing Units | 5,252 |
| Median Year Built | 1959 |
| Rent Burden | 28.3% |