Lake Village, IN demographics:
population, income, and more

Total population
705
32.3% year-over-year change
Median household income
$85,078/yr
% year-over-year change
Housing units
364
21.7% year-over-year change

Lake Village population

How many people live in Lake Village

Lake Village is home to 705 residents, according to the most recent Census data. Gender-wise, 54.8% of Lake Village locals are male, and 45.2% are female.

Total population
705
32.3% year-over-year change
Gender ratio
Male
54.8%
386
Female
45.2%
319
Value Percent YoY change
Male 386 54.8% 24.9%
Female 319 45.2% 42.4%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Lake Village is 59, with the population distributed as follows: about 6.2% are children under 15, then 1.1% are in the 15 to 24 age group. Adults between 25 and 44 make up 24.5% of the population, while another 38.2% fall into the 45 to 64 bracket. Finally, around 29.9% are 65 or older.

Median age
59.3
Age breakdown
Under 15
6.2%
15 to 24
1.1%
25 to 44
24.5%
45 to 64
38.2%
Over 65
29.9%
Value Percent YoY change
Under 15 44 6.2% 0.0%
15 to 24 8 1.1% -20.0%
25 to 44 173 24.5% 21.8%
45 to 64 269 38.2% 79.3%
Over 65 211 29.9% 12.8%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

Citizenship
U.S.-born citizens
100%
Non-U.S.-born citizens
0%
Non-citizens
0%
Value Percent YoY change
U.S.-born citizens 705 100% 32.3%
Racial breakdown
White
89.1%
Black or African American
0%
American Indian and Alaska Native
0%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
0%
Other
10.9%
Value Percent
White 628 89.1%
Other 77 10.9%

Households in Lake Village

A peek inside Lake Village households

Lake Village has 352 households, with an average of 2 members in each. Of these, 71.6% are families, while the remaining 28.4% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
352
17.7% year-over-year change
Average people per household
2
Non-family households
100
Family households
252
Value Percent YoY change
Non-family households 100 28.4% -23.1%
Family households 252 71.6% 49.1%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Lake Village

The housing landscape of Lake Village

Lake Village's housing consists of 364 units, with 82.4% being detached single-family homes ideal for those wanting space.

Housing units
364
21.7% year-over-year change
Housing types
Value Percent
1 unit, detached 300 82.4%
3 or 4 units 64 17.6%
Homes built since 2020
16
0.0% year-over-year change

The age of buildings in Lake Village

In Lake Village, the median construction year is 1953. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built between 1940 and 1949 156 42.9% 77.3%
Built between 1950 and 1959 84 23.1% 2.4%
Built between 1960 and 1969 38 10.4% -32.1%
Built between 1970 and 1979 12 3.3% -71.4%
Built between 1990 and 1999 58 15.9% 286.7%
Built in 2020 or later 16 4.4% 0.0%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Lake Village occupancy rates

Out of the 352 occupied housing units in Lake Village, 77.8% are owner-occupied, while 22.2% are lived in by tenants. Meanwhile, 3.3% of all homes on the local market sit vacant.

Occupied housing units
352
17.7% year-over-year change
Occupancy breakdown
Renter occupied
78
Owner occupied
274
Value Percent YoY
change
Renter occupied 78 22.2% -9.3%
Owner occupied 274 77.8% 28.6%
Unoccupied housing units
3.3%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Lake Village housing costs

Median housing costs per month
$1,396/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.

Education in Lake Village

Lake Village education at a glance

About 52.5% of the population in Lake Village went to high school, while 18.8% pursued college studies. Another 13.5% earned an associate degree and 12.9% hold a bachelor’s. Meanwhile, 2.4% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
High school diploma 347 52.5% -2.2%
College diploma 124 18.8% 342.9%
Associate degree 89 13.5% N/A
Bachelor's degree 85 12.9% 26.9%
Graduate degree 16 2.4% -59.0%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Lake Village

How much people earn in Lake Village

The average annual household income in Lake Village was $70,279 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +18.5% change from the previous year.

Average household income in Lake Village
$70,279/year
18.5% year-over-year change
Median household income in Lake Village
$85,078/year
% year-over-year change

Lake Village income by age

In Lake Village, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $127,750. Overall, 80.8% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $127,750 N/A
Above poverty level
570
Below poverty level
135
Value Percent YoY
change
Above poverty level 570 80.8% 46.5%
Below poverty level 135 19.2% -6.2%

Average renter income in Lake Village

To get a better sense of what renters earn on average in Lake Village, their median household income was $2,500 according to 2022 Census data.

Renter median household income
$2,500
Rent-to-income ratio
0%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Lake Village

Workforce and job types in Lake Village

The job market in Lake Village is powered by 326 working residents, spread across a range of industries and roles. 45.4% of the working population are employed in professional or administrative positions, while 54.6% are in hands-on or service-based jobs.

Workforce demographics

Working population
326
23.9% year-over-year change
White collar
148
Blue collar
178
Value Percent YoY change
White collar 148 45.4% 11.3%
Blue collar 178 54.6% 36.9%
Employer type
Self employees
0%
Private companies
84%
Governmental workers
11.7%
Not for profit companies
4.3%
Value Percent YoY change
Private companies 274 84% 29.2%
Governmental workers 38 11.7% 137.5%
Not for profit companies 14 4.3% -60.0%

Transportation in Lake Village

How people get around in Lake Village

In Lake Village, the average commute time is 44 minutes.

Commute time
44 min
Means of transportation
Value Percent YoY change
Car 263 80.7% 6.5%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Lake Village by zipcode?

Zipcode Population Number of households Median income Average income
46349 3,416 1,364 $82,306 $87,451

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FAQs about Lake Village demographics 

What is the total population of Lake Village?

Lake Village has a total population of 705 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +32.3% compared to a year ago.

What is the gender ratio in Lake Village?

The gender ratio in Lake Village is as follows:
  • 54.8% males (386 residents)
  • 45.2% females (319 residents)

What is the median age in Lake Village?

The median age in Lake Village is 59.3.

What is the age distribution of the population in Lake Village?

The age distribution in Lake Village is as follows:
  • Under 15: 6.2% (44 residents)
  • Ages 15-24: 1.1% (8 residents)
  • Ages 25-44: 24.5% (173 residents)
  • Ages 45-64: 38.2% (269 residents)
  • Over 65: 29.9% (211 residents)

What is the racial and ethnic makeup of Lake Village?

The racial and ethnic makeup of Lake Village is as follows:
  • White: 89.1% (628 residents)
  • Black or African American: 0% (0 residents)
  • American Indian and Alaska Native: 0% (0 residents)
  • Asian: 0% (0 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 0% (0 residents)
  • Other: 10.9% (77 residents)

What percentage of the population in Lake Village are U.S.-born citizens?

U.S.-born citizens represent 100% of the population in Lake Village.

How many housing units are there in Lake Village?

There are 364 housing units in Lake Village, reflecting a +21.7% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Lake Village and what is the average household size?

Lake Village has a total of 352 households, with an average of 2 people in each.

What is the median household income in Lake Village?

Lake Village has a median household income of $85,078, representing a % shift from the previous year, according to the U.S. Census Bureau.

What is the job market overview for Lake Village?

Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 45.4% (148 residents)
  • Blue-collar workers: 54.6% (178 residents)

Places of employment:
  • Self-employed: 0% (0 residents)
  • Private companies: 84% (274 residents)
  • Governmental workers: 11.7% (38 residents)
  • Not-for-profit companies: 4.3% (14 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025