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Lake Village CDP, IN

ZIP Code 46349 — Lake Village CDP, IN Demographics & Data

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Map, Quick Facts & Location

Quick Facts

Local time
Population
3,060
Median Income
$75,057
-0% vs US avg
Home Value
$198,300
-43% vs US avg
Median Rent
$631
-46% vs US avg
Median Age
37.3 yrs
-4% vs US avg
Timezone
America/Indiana/Indianapolis
Area Code
Congress
Top Ancestry
IrishGermanAmerican
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Location
Coordinates
41.0979, -87.4125
Elevation
665 ft
Land Area
84.1 sq mi
Water Area
0.0 sq mi (0% water)

At a glance

Population
3,060
Density
N/A
Median income
$75,057
-0% vs US avg
Home value
$198,300
-43% vs US avg
Median rent
$631
-46% vs US avg
Timezone
America/Indiana/Indianapolis

Overview of ZIP Code 46349

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What to know about ZIP 46349

ZIP code 46349 covers Lake Village, IN in Newton County with a population of about 3,060.

At a glance, the area shows median age of 37.3 versus a U.S. median of about 38.9.

It sits in telephone area code 219; U.S. House district IN-4; the CHICAGO media market.

Income and economy in Lake Village, IN

Median household income in ZIP 46349 is about $75,057 — about even with the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 23.8%; unemployment rate near 9.9%; 19.2% of adults with a bachelor’s degree or higher (about 14.5 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Retail trade, Transportation, and Manufacturing; about 5.9% of workers reporting work-from-home (about 9.3 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Housing and affordability in ZIP 46349

Median home value is about $198,300 — about 43% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $631 (about 46% below the U.S. median rent ($1,163)), and owner-occupancy near 75.9% (about 10.5 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 46349 in Lake Village, IN, a household would need roughly $55,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,274. That sits below the local median household income ($75,057), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Climate risk and migration signals

FEMA’s National Risk Index rates natural-hazard risk for Lake Village CDP, IN as Very Low (composite score 11.7), which is relatively lower than many U.S. communities. The strongest component scores on US5 are flood (19.3) and hurricane (16.4). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Lake Village CDP, IN show little to no average snow and around 39.9 inches of annual precipitation.

IRS migration statistics show a net inflow of about 141 for ZIP 46349 (Lake Village CDP, IN) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.

Nearby (from this ZIP)

Airport IKK (22.7 miles (36.5 km)) · Kankakee Community College (22.8 miles (36.8 km)) · Indiana Dunes National Park (40.7 miles (65.5 km)) · VA: Adam Benjamin, Jr. OPC (24.3 miles (39.1 km))

Full lists and map pins are in the Infrastructure section below.