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Lake County, IN&

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Population
485,846
0.41% decline
Median Age
38.6
Median Household Income
$53,681
6.13% growth
Poverty Rate
16.2%
Number of Employees
220,808
2.41% growth
Median Property Value
$148,100
6.62% growth

Economy

The economy of Lake County, IN employs 220,808 people. The economy of Lake County, IN is specialized in Manufacturing; Transportation & Warehousing; and Healthcare & Social Assistance, which employ respectively 1.72; 1.37; and 1.15 times more people than what would be expected in a location of this size. The largest industries in Lake County, IN are Manufacturing (35,689), Healthcare & Social Assistance (34,968), and Retail trade (21,967), and the highest paying industries are Utilities ($70,473), Professional, Scientific, Tech Services ($50,944), and Transportation & Warehousing ($45,800).

Median household income in Lake County, IN is $53,681. Males in Lake County, IN have an average income that is 1.41 times higher than the average income of females, which is $42,032. The income inequality of Lake County, IN (measured using the Gini index) is 0.462 which is lower than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Lake County, IN. In Lake County, IN the age groups most likely to have health care coverage are 6-17 and 6-17, men and women, respectively. The location has a 1 to 60 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $11,709. Lake County, IN has the highest prevalence of homicides of any county in Indiana.

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Diversity

Lake County, IN is home to a population of 485,846 people, from which 97.3% are citizens. The ethnic composition of the population of Lake County, IN is composed of 263,201 White residents (54.2%), 116,213 Black residents (23.9%), 90,882 Hispanic residents (18.7%), 7,585 Two+ residents (1.56%), and 6,025 Asian residents (1.24%). The most common foreign languages in Lake County, IN are Spanish (46,478 speakers), Serbo-Croatian (2,848 speakers), and Other Slavic (2,587 speakers), but compared to other places, Lake County, IN has a relative high number of Serbo-Croatian (2,848 speakers), Other Slavic (2,587 speakers), and Greek (1,820 speakers).

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Military

Veterans

Education

In 2015 universities in Lake County, IN awarded 3,937 degrees. The student population of Lake County, IN is skewed towards females, with 1,281 male students and 2,656 female students. Most students in Lake County, IN are White (2,079 and 52.8%), followed by Black or African American (766 and 19.5%), Hispanic or Latino (612 and 15.5%), and Unknown (105 and 2.67%). The largest universities in Lake County, IN by number of graduates are Purdue University-Calumet Campus (1,994 and 50.6%), Indiana University-Northwest (738 and 18.7%), and Calumet College of Saint Joseph (272 and 6.91%). The most popular majors in Lake County, IN are Registered Nursing (720 and 18.3%), General Business Administration & Management (107 and 2.72%), and General Business (101 and 2.57%). The median tuition costs in Lake County, IN are $17,300 for private four year colleges, and $6,341 and $15,193 respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Lake County, IN is $148,100, which is 0.72 times smaller than the national average of $205,000. Between 2015 and 2016 the median property value increased from $138,900 to $148,100, a 6.62% increase. The homeownership rate of Lake County, IN is 69%, which is higher than the national average of 63.1%. People in Lake County, IN have an average commute time of 28.7 minutes, and they commute by Drove Alone. Car ownership in Lake County, IN is approximately the same as the national average, with an average of 2 cars per household.

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