Madison vs Lake Station
Side-by-side comparison
How does Madison, IN compare to Lake Station, IN? Madison has a population of 12,277 with a median household income of $57,050, while Lake Station has 13,109 residents and a median income of $56,306. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Madison, IN | Lake Station, IN | Difference |
|---|---|---|---|
| Population | 12,277 | 13,109 | -6.3% |
| Median Age | 45 | 34.2 | +31.6% |
| Foreign Born % | 1% | 8.9% | -88.8% |
| Metric | Madison | Lake Station | Difference |
|---|---|---|---|
| Median Income | $57,050 | $56,306 | +1.3% |
| Unemployment | 4.5% | 14.9% | -69.8% |
| Poverty Rate | 14.7% | 16.7% | -12.0% |
| Bachelor's+ | 20.8% | 8.7% | +139.1% |
| Metric | Madison | Lake Station | Difference |
|---|---|---|---|
| Home Value | $186,600 | $124,800 | +49.5% |
| Median Rent | $827/mo | $1115/mo | -25.8% |
| Housing Units | 5,661 | 5,120 | +10.6% |