At a Glance
Home Value
$152,700
Zillow: $295,028
Bachelor's Degree+
22.1%
91.4% high school+
Unemployment
0.0%
16.0% poverty rate
Obesity Rate
43.2%
19.5% smoking rate
How Lake Village Compares to the U.S. Average
Each bar shows Lake Village's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Lake Village a Good Place to Live?
C+
2.8 / 5.0 - Fair
Based on economy, affordability, safety, and education metrics compared to national averages.
Housing & Cost of Living
The median home value in Lake Village is $152,700 , 46% below the national median of $281,900.
Zillow estimates the typical home at $295,028. The cost of living index is 93.3 (100 = national average). The median home was built in 1956.
Education
22.1% of adults in Lake Village hold a bachelor's degree or higher
(34% below the national average).
91.4% have completed high school. Local schools score 6.2/10 in standardized testing.
Climate & Weather
Lake Village has an average annual temperature of 50°F (10°C).
Winters average 23°F in January while summers reach 73°F in July. Annual precipitation totals 40.0 inches.
Data Overview
People
Population533
Median Age61.8 yrs
Density135/mi²
Male / Female58% / 42%
Foreign Born0.0%
Veterans17.8%
Economy
Median Income
Per Capita$36,354
Unemployment0.0%
Poverty16.0%
County GDP$1,968M
Avg Weekly Wage$948
Housing
Home Value$152,700
Rent
Ownership71.2%
Zillow$295,028
Housing Units295
Rent Burden25.6%
Health
Obesity43.2%
Diabetes11.2%
Smoking19.5%
Heart Disease6.2%
Premature Death9,161/100K
Climate
Avg Temp50°F
Rain40.0 in/yr
Elevation658 ft
Education
C+
Bachelor's+22.1%
High School+91.4%
Graduate+6.4%
School Score6.2/10
Community
2024 VoteR 76% / D 22%
Commute41 min
Broadband70.6%
Internet Speed55 Mbps
EV Stations1
Libraries4
Did You Know?
The median home in Lake Village was built in 1956.
The nearest airport is Porter County Regional (32 miles).
The Gini coefficient (income inequality) is 0.406 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
32.1% of the population has a disability.
The county recorded 6 fatal vehicle crashes.