Population 514 · Census ACS 2020–24
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Population and households in Lake Park
Household size in Lake Park
| Period | Lake Park | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 2.21 | 2.57 | 2.68 |
| 2010–14 | 2.29 | 2.59 | 2.73 |
| 2015–19 | 2.75 | 2.57 | 2.71 |
| 2020–24 | 2.91 | 2.54 | 2.65 |
| Change | +0.70 | −0.03 | −0.03 |
Lake Park is a place of big households: 2.91 people per home on average, compared with 2.65 nationally. Numbers like that usually point to plenty of families with kids. Since 2006–10, household size has climbed from 2.21, but in a place this small, much of that may be survey noise rather than real change.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Lake Park
| Period | Lake Park | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 52.3 | 37.5 | 37.7 |
| 2010–14 | 48.8 | 38.4 | 38.6 |
| 2015–19 | 44.8 | 39.1 | 39.6 |
| 2020–24 | 46.2 | 39.3 | 40.1 |
| Change | −6.1 | +1.7 | +2.3 |
Lake Park skews older: half of its residents are older than 46.2, well above the national median of 40.1. That usually means more empty nesters and retirees, and fewer young families.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Lake Park
| Period | Lake Park | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 7.3% | 11.8% | 12.3% |
| 2010–14 | 11.2% | 12.0% | 12.3% |
| 2015–19 | 11.6% | 11.6% | 11.6% |
| 2020–24 | 7.7% | 11.7% | 11.6% |
| Change | +0.4 pts | −0.1 pts | −0.6 pts |
Single-parent households are relatively rare in Lake Park: 7.7% of households, against 11.6% nationally.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Lake Park
Renters in Lake Park
| Period | Lake Park | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 11.3% | 28.5% | 33.3% |
| 2010–14 | 5.0% | 30.5% | 35.6% |
| 2015–19 | 6.4% | 30.9% | 36.0% |
| 2020–24 | 0.9% | 29.4% | 34.8% |
| Change | −10.5 pts | +1.0 pts | +1.5 pts |
Only 0.9% of households in Lake Park rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. About four in ten owners (39.0%) have paid off their mortgages, about the same as nationally.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Lake Park
| Period | Lake Park | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 15.1% | 11.2% | 11.4% |
| 2010–14 | 15.0% | 11.2% | 11.4% |
| 2015–19 | 17.0% | 10.9% | 11.1% |
| 2020–24 | 11.7% | 9.3% | 9.6% |
| Change | −3.4 pts | −2.0 pts | −1.8 pts |
A few more homes sit empty in Lake Park than nationally: 11.7%, against 9.6%. The count includes vacation homes and homes between owners or tenants, not just abandoned ones.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Lake Park
| Period | Lake Park | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 1975 | 1972 | 1974 |
| 2010–14 | 1981 | 1973 | 1975 |
| 2015–19 | 1980 | 1974 | 1977 |
| 2020–24 | 1983 | 1977 | 1980 |
| Change | +8 | +5 | +6 |
The typical home in Lake Park was built around 1983, about the same vintage as the country's housing overall (1980). Homes here are newer than in Indiana overall, where the median home dates to 1977.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Lake Park
| Period | Lake Park | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | $788 | $763 | $965 |
| 2010–14 | $702 | $819 | $1,040 |
| 2015–19 | $785 | $903 | $1,213 |
| 2020–24 | $1,641 | $1,146 | $1,571 |
| Change | +$853 | +$384 | +$606 |
A typical rental in Lake Park costs $1,641 a month with utilities, close to the national median of $1,571. Rents here are higher than in Indiana overall ($1,146). Rent takes 33.8% of the typical renter's income, well over the 30% mark often used to define affordable rent, so many renters here are stretched.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Lake Park
Bachelor's degrees in Lake Park
| Period | Lake Park | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 10.7% | 23.8% | 28.4% |
| 2010–14 | 19.5% | 24.6% | 29.6% |
| 2015–19 | 24.5% | 27.1% | 32.1% |
| 2020–24 | 34.0% | 30.0% | 35.6% |
| Change | +23.3 pts | +6.2 pts | +7.2 pts |
About a third of adults 25 and older in Lake Park (34.0%) hold at least a bachelor's degree, close to the national share of 35.6%. The share is higher than in Indiana overall (30.0%).
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Lake Park
| Period | Lake Park | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 94.5% | 86.5% | 84.9% |
| 2010–14 | 95.0% | 87.7% | 86.1% |
| 2015–19 | 84.8% | 88.7% | 87.7% |
| 2020–24 | 96.3% | 89.9% | 89.3% |
| Change | +1.7 pts | +3.4 pts | +4.3 pts |
High school completion is high in Lake Park: 96.3% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Lake Park
| Period | Lake Park | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 8.6% | 8.4% | 8.1% |
| 2010–14 | 5.4% | 8.9% | 9.4% |
| 2015–19 | 7.9% | 4.9% | 5.6% |
| 2020–24 | 0.1% | 4.3% | 5.4% |
| Change | −8.5 pts | −4.1 pts | −2.7 pts |
The job market in Lake Park has been strong: just 0.1% of the labor force was out of work and looking, well below the national rate of 5.4%. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Lake Park compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Lake Park | 2.91 | 46.2 | 7.7% | 0.9% | 11.7% | 1983 | $1,641 | 34.0% | 96.3% | 0.1% |
| New Carlisle | 2.62 | 41.9 | 15.9% | 18.3% | 16.0% | 1976 | $1,261 | 29.1% | 96.3% | 2.9% |
| Rolling Prairie | 2.89 | 43.9 | 12.8% | 7.5% | 15.0% | 1985 | $1,467 | 27.6% | 92.8% | 1.3% |
| Mill Creek | 2.81 | 42.3 | 10.2% | 6.1% | 15.7% | 1987 | $828 | 17.0% | 89.7% | 0.2% |
| Tee Lake | 2.31 | 55.7 | 6.5% | 2.0% | 15.9% | 1984 | $1,209 | 23.2% | 94.2% | 4.6% |
| Galien | 2.36 | 45.4 | 9.8% | 17.1% | 10.1% | 1966 | $941 | 16.5% | 90.7% | 6.5% |
| Three Oaks | 2.40 | 45.9 | 9.6% | 17.6% | 25.6% | 1963 | $1,141 | 26.0% | 93.1% | 3.7% |
| Salem Heights | 2.75 | 47.9 | 3.5% | 16.7% | 14.4% | 1977 | $829 | 25.2% | 91.7% | 0.0% |
| Chain-O-Lakes | 2.52 | 48.1 | 4.6% | 0.0% | 8.8% | 2000 | $1,104 | 41.0% | 98.2% | 0.7% |
| Union Pier | 2.02 | 56.7 | 3.9% | 23.7% | 57.1% | 1974 | $888 | 50.8% | 96.2% | 11.2% |
| Woodland | 2.30 | 50.0 | 12.2% | 4.7% | 3.2% | 1977 | $1,559 | 31.1% | 97.0% | 0.4% |
All figures 2020–24.
Cities with similar populations: Romeo, TN · Marys Home, MO · Masonville, MI · Mattawana, PA · Mayhaw, GA · McKinney, KY · Rockville, TN · Rogers Mill, PA · Rome, KY · Marathon, IA
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Lake Park. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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