Lake Village, IN

Census Place

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2024 Population
705
US Senator
Todd Young
Republican Party
US Senator
Jim Banks
Republican Party
2024 Median Age
59.3
4.05% 1-year decrease
2024 Poverty Rate
19.1%
29.1% 1-year decrease
2024 Median Household Income
$85,078
2024 Median Property Value
$250,500
64% 1-year growth
2024 Employed Population
326
24% 1-year growth

About

None of the households in Lake Village, IN reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

100% of the residents in Lake Village, IN are U.S. citizens.

In 2024, the median property value in Lake Village, IN was $250,500, and the homeownership rate was 77.8%.

Most people in Lake Village, IN drove alone to work, and the average commute time was 44.3 minutes. The average car ownership in Lake Village, IN was 2 cars per household.

Population & Diversity

Lake Village, IN is home to a population of 705 people, from which 100% are citizens. As of 2024, 0% of Lake Village, IN residents were born outside of the country (0 people).

In 2024, there were 7.83 times more White (Non-Hispanic) residents (603 people) in Lake Village, IN than any other race or ethnicity. There were 77 Other (Hispanic) and 25 White (Hispanic) residents, the second and third most common ethnic groups.

Citizenship

100%
2024 Citizenship
100%
2023 Citizenship

As of 2024, 100% of Lake Village, IN residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Lake Village, IN was 100%, meaning that the rate of citizenship has been maintaining.

The following chart shows US citizenship percentages in Lake Village, IN compared to that of it's neighboring and parent geographies.

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Race and Ethnicity

The 3 largest ethnic groups in Lake Village, IN
  1. White (Non-Hispanic)
    603 ± 222
  2. Other (Hispanic)
    77 ± 96
  3. White (Hispanic)
    25 ± 38
14.5%
Hispanic Population
102 people

In 2024, there were 7.83 times more White (Non-Hispanic) residents (603 people) in Lake Village, IN than any other race or ethnicity. There were 77 Other (Hispanic) and 25 White (Hispanic) residents, the second and third most common ethnic groups.

14.5% of the people in Lake Village, IN are hispanic (102 people).

The following chart shows the 8 races represented in Lake Village, IN as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Indiana.
Most Common Origin
  1. Mexico
    108,287 ± 8,015 people
  2. India
    34,966 ± 4,579 people
  3. China
    17,771 ± 3,269 people

In 2023, the most common birthplace for the foreign-born residents of Indiana was Mexico, the natal country of 108,287 Indiana residents, followed by India with 34,966 and China with 17,771.

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Veterans

Most Common Service Period
  1. Gulf War (1990s)
    64 ± 84
  2. Gulf War (2001-)
    18 ± 34
  3. Vietnam
    12 ± 26

Lake Village, IN has a large population of military personnel who served in Gulf War (1990s), 3.56 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Lake Village, IN.

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Economy

Occupations

326
2024 Value
± 178
24%
1 Year growth
± 63.2%

From 2023 to 2024, employment in Lake Village, IN grew at a rate of 24%, from 263 employees to 326 employees.

The most common job groups, by number of people living in Lake Village, IN, are Installation, Maintenance, & Repair Occupations (104 people), Sales & Related Occupations (71 people), and Construction & Extraction Occupations (26 people). This chart illustrates the share breakdown of the primary jobs held by residents of Lake Village, IN.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for Indiana.

This chart shows weekly unemployment insurance claims in Indiana (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Employment by Industries

326
2024 Value
± 178
24%
1 Year growth
± 63.2%

From 2023 to 2024, employment in Lake Village, IN grew at a rate of 24%, from 263 employees to 326 employees.

The most common employment sectors for those who live in Lake Village, IN, are Retail Trade (111 people), Manufacturing (82 people), and Educational Services (30 people). This chart shows the share breakdown of the primary industries for residents of Lake Village, IN, though some of these residents may live in Lake Village, IN and work somewhere else. Census data is tagged to a residential address, not a work address.

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Employment by Industry Sector

Data is only available at the state level. Showing data for Indiana.
Y-Axis
2.48%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 3.21M people employed in Indiana. This represents a 2.48% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 15.4%.

The following chart shows monthly employment numbers for each industry sector in Indiana.

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Civics

In the 2024 presidential election, the popular vote in Indiana went to Donald J. Trump with 58.8% of the vote. The runner-up was Kamala Harris (39.8%), followed by Robert Kennedy (1%).

Todd Young and Jim Banks are the senators currently representing the state of Indiana. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Indiana is currently represented by 9 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

US Senators from Indiana

Senatorial voting results are only available at the state level. Showing data for Indiana.
Todd Young
Senator from Indiana3
Assumed office on January 3, 2017
Jim Banks
Senator from Indiana1
Assumed office on January 3, 2025

Todd Young and Jim Banks are the senators currently representing Indiana.

In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

The following chart shows elected senators in Indiana over time, excluding special elections, colored by their political party.

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Housing & Living

The median property value in Lake Village, IN was $250,500 in 2024, which is 0.753 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $152,700 to $250,500, a 64% increase. The homeownership rate in Lake Village, IN is 77.8%, which is higher than the national average of 65.2%.

People in Lake Village, IN have an average commute time of 44.3 minutes, and they drove alone to work. Car ownership in Lake Village, IN is approximately the same as the national average, with an average of 2 cars per household.

Property

$250,500
Median Property Value 2024
±$68,814
$274
Median Property Taxes
±$139

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Lake Village, IN the largest share of households pay taxes in the < $800 range.

The chart underneath the paragraph shows the property taxes in Lake Village, IN compared to it's parent and neighbor geographies.

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Rent vs Own

77.8%
Homeownership
2024
100%
Homeowners with Mortgage
2024

In 2024, 77.8% of the housing units in Lake Village, IN were occupied by their owner. This percentage grew from the previous year's rate of 71.2%.

This chart shows the percentage of owner in Lake Village, IN compared it's parent and neighboring geographies.

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Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$85,078
Median Household Income
± $42,741
352
Number of Households
± 168

The following chart displays the households in Lake Village, IN distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

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Wage Distribution

The closest comparable wage GINI for Lake Village, IN is from Indiana.
0.445
2023 Wage GINI in Indiana
0.448
2022 Wage GINI in Indiana

In 2023, the income inequality in Indiana was 0.445 according to the GINI calculation of the wage distribution. Income inequality had a 0.529% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for Indiana was lower than than the national average of 0.476. In other words, wages are distributed more evenly in Indiana in comparison to the national average.

This chart shows the number of workers in Indiana across various wage buckets compared to the national average.

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Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (80.7%)
  2. Worked At Home (19.3%)

In 2024, 80.7% of workers in Lake Village, IN drove alone to work, followed by those who worked at home (19.3%) and those who carpooled to work (0%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

44.3 minutes
Average Travel Time

Using averages, employees in Lake Village, IN have a longer commute time (44.3 minutes) than the normal US worker (26.4 minutes). Additionally, 6.84% of the workforce in Lake Village, IN have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Lake Village, IN compares to that of it's neighboring and parent geographies.

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Car Ownership

2 cars
Average Number

The following chart displays the households in Lake Village, IN distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Lake Village, IN have 2 cars.

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Poverty & Diversity

19.1% of the population for whom poverty status is determined in Lake Village, IN (135 out of 705 people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Males 55 - 64, followed by Females 65 - 74 and then Males 65 - 74.

The most common racial or ethnic group living below the poverty line in Lake Village, IN is White, followed by Black and Native American.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

100% of the population of Lake Village, IN has health coverage, with 59.6% on employee plans, 9.08% on Medicaid, 25.8% on Medicare, 2.98% on non-group plans, and 2.55% on military or VA plans.

Primary care physicians in Indiana see 1,524 patients per year on average, which represents a 0% change from the previous year (1,524 patients). Compare this to dentists who see 1681 patients per year, and mental health providers who see 474 patients per year.

By gender, of the total number of insured persons, 54.8% were men and 45.2% were women.

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 6.24% under 18 years, 25.7% between 18 and 34 years, 38.2% between 35 and 64 years, and 29.9% over 64 years.

By gender, of the total number of insured persons, 54.8% were men and 45.2% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

0%
Uninsured
59.6%
Employer Coverage
9.08%
Medicaid
25.8%
Medicare
2.98%
Non-Group
2.55%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Lake Village, IN stayed by NaNN% from 0% to 0%.

The following chart shows how the percent of uninsured individuals in Lake Village, IN changed over time compared with the percent of individuals enrolled in various types of health insurance.

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