Lake Station 62 Average
Lake Station Livability #453 ranked city in Indiana#16,043 ranked city in the USARanks better than 45% of areas

Pros and Cons of Living in Lake Station

PROS
  • Cost Of Living

    Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.

  • Housing

    The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.

CONS
  • Amenities

    It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.

  • Commute

    Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.

  • Employment

    The combination of low income levels and high unemployment rates contributes to a low score in the employment category, which could make it challenging to secure well-paying jobs.

  • Health & Safety

    Factors like poor air quality and the absence of essential health-related facilities like hospitals, clinics, nursing homes and pharmacies could have played a role in the low score in this category.

  • Schools

    Factors such as lower than average graduation rates, lackluster reading and math scores and the limited accessibility of local elementary and high schools could contribute to the low schools score.

New Real Estate Listings in Lake Station Area
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What's it like Living in Lake Station?

Lake Station is a moderately-sized city located in the state of Indiana. The city has a population of 11,952 inhabitants. According to the most recent Census, 75% of Lake Station residents are White, 6% Black and 0% Asian. Additionally, more than a quarter of the population of Lake Station are of Hispanic or Latino origin, and 14% of the population also speak Spanish. In Lake Station, only 45% of people over the age of fifteen are married. This city could be a good option for singles ready to mingle. The average American spends about 26 minutes on their one way commute to work each day. Lower travel times can increase overall happiness and allow for more time to be spent with family and friends. While living in Lake Station, your commute times will be about average, with a one way commute time of 27 minutes.

Whether you’re moving to a new city to be closer to family, friends or for a new job, living in Lake Station could be a positive experience compared to other cities in Indiana if you know where to look. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. The best areas in Lake Station and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, health & safety, employment, you will see a detailed breakdown of the most important information as well as comparisons to the Indiana and national averages.

With a livability score of 61/100, Lake Station is ranked #15,262 in the United States and #405 in Indiana. If we dig a little deeper into each category within the livability score, we see that Lake Station has higher than average rankings for the following: cost of living (A+) and housing (A-). Lake Station does not score well for the following: amenities (F), education (F) and employment (D-). It might be wise to take a closer look at each category to find out why.

For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Lake Station apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.

Lake Station real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Lake Station. The median home price for Lake Station homes is $86,100, which is 31.9% lower than the Indiana average. If we take a closer look at the affordability of homes in Lake Station, we’ll see that the home price to income ratio is 1.8, which is 28% lower than the Indiana average.

Best Places to Live in and Around Lake Station

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How Do You Rate The Livability In Lake Station?

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Compare Lake Station, IN Livability

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      Lake Station transportation information

      Statistic Lake Station Indiana National
      Average one way commute27min23min26min
      Workers who drive to work87.6%83.0%76.4%
      Workers who carpool6.9%8.9%9.3%
      Workers who take public transit0.3%1.1%5.1%
      Workers who bicycle0.2%0.5%0.6%
      Workers who walk0.3%2.1%2.8%
      Working from home2.6%3.5%4.6%
      Source: The Lake Station, IN data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).