Lake County, IN
Population | Education | Commuting | Labor Force | Industry | Income | Firm Size |
Earnings and Income
Industry employment is tabulated as jobs by place-of-work. Keep in mind that people may hold multiple jobs and that each job is counted by its industry. Note: The income figures and changes are not adjusted for inflation.
Average Annual Earnings by Industry | ||||||
2019 | 2023 | 5 Year | 5 Year % Change | |||
All Industries | $48,787 | $59,022 | $10,235 | 21.0% | ||
Ag., For., Fishing, & Hunt. | $22,618 | $29,150 | $6,532 | 28.9% | ||
Mining | $67,268 | $102,754 | $35,486 | 52.8% | ||
Construction | $71,414 | $82,459 | $11,044 | 15.5% | ||
Manufacturing | $89,232 | $105,459 | $16,227 | 18.2% | ||
Wholesale Trade | $68,769 | $80,221 | $11,452 | 16.7% | ||
Retail Trade | $28,287 | $35,592 | $7,305 | 25.8% | ||
Trans. & Warehousing | $53,957 | $60,420 | $6,464 | 12.0% | ||
Utilities | D | D | $122,754 | N/A | ||
Information | $55,756 | $63,920 | $8,164 | 14.6% | ||
Finance & Insurance | $60,271 | $72,913 | $12,641 | 21.0% | ||
Real Est., Rent., Leasing | $42,161 | $55,141 | $12,981 | 30.8% | ||
Prof. & Tech. Svcs. | $56,059 | $67,218 | $11,159 | 19.9% | ||
Mgt.of Companies | $90,677 | $99,355 | $8,678 | 9.6% | ||
Admin. & Waste Svcs. | $32,835 | $46,540 | $13,705 | 41.7% | ||
Education Svcs. | $29,715 | $39,243 | $9,529 | 32.1% | ||
Health Care & Social Assist. | $50,742 | $61,423 | $10,681 | 21.0% | ||
Arts, Ent. &, Rec. | $29,873 | $31,935 | $2,062 | 6.9% | ||
Accom. & Food Svcs. | $16,364 | $23,169 | $6,805 | 41.6% | ||
Other Svcs. | $32,746 | $42,326 | $9,580 | 29.3% | ||
Fed.l, State & Local Govt. | $42,716 | $52,080 | $9,364 | 21.9% | ||
Note: Total employment represents the sum of total private sector and total government sector employment. State and local government schools and hospitals are included in the government total. Sectors may not sum to the total (or agree with BLS published total employment) due to suppression issues. D = non-disclosable in compliance with the Bureau of Labor Statistics and/or State of Indiana confidentiality guidelines. Source: Bureau of Labor Statistics & Indiana Department of Workforce Development, as of July 2024.
Per Capita Income Over Time | |||||
2002 | 2007 | 2012 | 2017 | 2022 | |
Total Per Capita Income | $27,409 | $33,288 | $37,101 | $41,989 | $53,127 |
Change Since 2002 | $5,879 | $9,692 | $14,580 | $25,718 | |
Pct. Change Since 2002 | 21.4% | 35.4% | 53.2% | 93.8% | |
Source: Bureau of Economic Analysis
Income & Wage | |
Number | |
Median family income in 2022 (ACS) | $82,936 |
Median household income in 2022 (ACS) | $66,375 |
Average Wage Per Job in 2023 (BLS) | $59,029 |
Wage Growth since 2018 (BLS) | 23.0% |
Source: US Census Bureau, ACS 5 Year Estimates & Bureau of Labor Statistics