Lake Station vs Madison
Side-by-side comparison
How does Lake Station, IN compare to Madison, IN? Lake Station has a population of 13,109 with a median household income of $56,306, while Madison has 12,277 residents and a median income of $57,050. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Lake Station, IN | Madison, IN | Difference |
|---|---|---|---|
| Population | 13,109 | 12,277 | +6.8% |
| Median Age | 34.2 | 45 | -24.0% |
| Foreign Born % | 8.9% | 1% | +790.0% |
| Metric | Lake Station | Madison | Difference |
|---|---|---|---|
| Median Income | $56,306 | $57,050 | -1.3% |
| Unemployment | 14.9% | 4.5% | +231.1% |
| Poverty Rate | 16.7% | 14.7% | +13.6% |
| Bachelor's+ | 8.7% | 20.8% | -58.2% |
| Metric | Lake Station | Madison | Difference |
|---|---|---|---|
| Home Value | $124,800 | $186,600 | -33.1% |
| Median Rent | $1115/mo | $827/mo | +34.8% |
| Housing Units | 5,120 | 5,661 | -9.6% |