Places/IN/Lake County, IN
County profile

Lake County, IN

United States · GDP 2024
#190 of 3,127 US counties by GDP39th-percentile growthmore diversified than 81% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$31.2B
BEA · 2024
GDP growth (YoY)
+3.3%
BEA · 2024
Jobs tracked
171,790
Census CBP · 2023
Employers
10,566
Census CBP · 2023
Avg. wage
$59.0k
BLS QCEW · 2023
Population
504,612
Census PEP · 2025
Labor, income & education
Unemployment
4.7%
Median HH income
$71.5k±$1.4k
Bachelor's degree+
25.8%±0.6%
Poverty rate
14.3%±0.7%
Business applications
6,991 · 2025
Retail establishments
1,521
30.3/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1NiSource IncUtilities$6.5B73B2AMB Financial Corp.Financial Services$23.4M54D3Finward BancorpFinancial Services

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Health care29%
Retail trade19%
Food & accommodation18%
Manufacturing17%
Construction9%
Other services8%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
504,612
residents · 2025 · +1.1% since 2020
Income per capita $58.4k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+3,839
International migration+3,499
Natural change1,564

GDP trend

20192024 · nominal
$23.8B
2019
$22.0B
2020
$25.7B
2021
$28.3B
2022
$30.2B
2023
$31.2B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$230.6k±$2.9k
Median gross rent
$1.1k/mo±$16/mo
Vacancy rate
10.3%±0.4%
Affordability
3.9× wages
Residential permits
$453.8M
1,262 units · 2.5/1k pop
FEMA risk score
95.9
HUD Fair Market Rent (2BR):$1.3k/mo · 2026
TOP PERILS · FEMA NRI
Cold wave 99Tornado 99Winter weather 94
FHFA HOUSE PRICE INDEX · 20162025
441
2016
459
2017
486
2018
512
2019
531
2020
595
2021
680
2022
727
2023
760
2024
784
2025
RESIDENTIAL PERMITS · 20212025
-28% since 2021
1,755
2021
1,300
2022
1,286
2023
1,649
2024
1,262
2025

Transport access

BTS · FAA · USACE
Nearest interstate
5.1 km
I-65
Nearest freight rail
3.6 km
Freight rail
Nearest port
22.6 km
USX Corp., Gary Works West Dock.
Nearest commercial airport
22.4 km
GARY/CHICAGO INTL
Filing activity
SEC EDGAR

5 filings from 1 company here in the last 90 days.

Wage trend
BLS QCEW · 20192023
$59.0k
avg. annual pay · +21% since 2019
The read

What is the GDP of Lake?

Lake's economy produced $31.2B in 2024, growing 3.3% year over yearslower than 61% of US counties. Its largest employment sector is health care.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.