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Lake County Housing

 
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As of 2010-2014, median price of a house in Lake County is $135,900, which is higher than the state average of $122,700 and is lower than the national average of $175,700. The Lake County median house value has grown by 39.38% since 2000. The growth rate for the price of a house in Lake County is higher than the state average rate of 30.12% and is lower than the national average rate of 46.91%. The median year that a house in Lake County was built is 1963, which is older than the median year for a house built in the state which is 1972 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 126,039 Owner Occupied Houses in Lake County, #16
Lake County
135,900 USD
Indiana
122,700 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #16
Lake County
39.38%
Indiana
30.12%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Lake CountyIndianaU.S.
Total Housing Units209,564, see rank, 100%2,811,617132,741,033
Occupied Housing Units182,919, 87.29%, see rank88.64%87.55%
Owner Occupied126,039, 60.14%, see rank61.56%56.34%
Renter Occupied56,880, 27.14%, see rank27.07%31.21%
Vacant Housing Units26,645, 12.71%, see rank11.36%12.45%
For Rent3,335, 1.59%, see rank2.40%2.34%
For Sale Only2,411, 1.15%, see rank1.47%1.20%
Rented or Sold, Not Occupied2,536, 1.21%, see rank1.24%0.92%
For Seasonal, Recreational, or Occasional Use1,226, 0.59%, see rank1.64%3.97%
For Migrant Workers34, 0.02%, see rank0.02%0.03%
Other Vacant17,103, 8.16%, see rank4.59%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #70
Lake CountyIndianaU.S.
196319721976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Lake County%IndianaU.S.
Owner-Occupied Units126,039100%1,730,95474,787,460
With a Mortgage85,19767.60%, see rank68.12%65.58%
Without a Mortgage40,84232.40%, see rank31.88%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Lake County
1,229 USD
Indiana
1,119 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsLake County%IndianaU.S.
$299 or Less2270.27%, see rank0.35%0.20%
$300 to $4991,9062.24%, see rank3.15%1.59%
$500 to $6995,4756.43%, see rank9.90%5.01%
$700 to $99918,44821.65%, see rank26.58%14.32%
$1,000 to $1,49932,58538.25%, see rank35.46%27.90%
$1,500 to $1,99916,64919.54%, see rank14.79%20.35%
$2,000 to $2,9997,9679.35%, see rank7.60%19.52%
$3,000 or More1,9402.28%, see rank2.17%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Lake County
22.10% of the Total Income
Indiana
20.40% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Lake County%IndianaU.S.
10% or Less6,0377.09%, see rank7.60%5.86%
10% to 20%30,28735.55%, see rank41.01%31.95%
20% to 30%23,70027.82%, see rank26.38%27.64%
30% to 40%10,32912.12%, see rank10.90%13.74%
40% or More14,48817.01%, see rank13.68%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Lake County
424 USD
Indiana
375 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsLake County%IndianaU.S.
$199 or Less2,3545.76%, see rank8.65%7.76%
$200 to $2996,41215.70%, see rank22.03%14.70%
$300 to $49918,11644.36%, see rank44.41%34.63%
$500 to $6999,30422.78%, see rank17.12%21.16%
$700 or More4,65611.40%, see rank7.80%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Lake County
11.80% of the Total Income
Indiana
10.90% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Lake County%IndianaU.S.
10% or Less16,99841.62%, see rank45.90%40.19%
10% to 20%13,06031.98%, see rank31.56%31.47%
20% to 30%4,73911.60%, see rank10.56%12.24%
30% to 40%2,0044.91%, see rank4.39%5.64%
40% or More3,4878.54%, see rank6.50%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Lake CountyIndianaU.S.
Total Housing Units209,564, 100%2,811,617132,741,033
1-unit, Detached147,658, 70.46%, see rank72.70%61.65%
1-unit, Attached13,500, 6.44%, see rank3.65%5.82%
2 Units8,385, 4.00%, see rank2.59%3.75%
3 or 4 Units9,117, 4.35%, see rank3.58%4.43%
5 to 9 Units10,685, 5.10%, see rank4.55%4.78%
10 or More Units17,157, 8.19%, see rank7.83%13.08%
Mobile Home, Boat, RV, Van, etc.3,062, 1.46%, see rank5.11%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Lake CountyIndianaU.S.
Total Housing Units209,564, 100%2,811,617132,741,033
1 Room1,696, 0.81%, see rank1.26%1.95%
2 Rooms1,507, 0.72%, see rank1.46%2.48%
3 Rooms13,841, 6.60%, see rank6.64%9.13%
4 Rooms36,014, 17.19%, see rank14.31%16.60%
5 Rooms52,522, 25.06%, see rank21.67%20.41%
6 Rooms42,738, 20.39%, see rank20.12%18.06%
7 Rooms26,243, 12.52%, see rank13.67%12.27%
8 Rooms17,349, 8.28%, see rank9.17%8.48%
9 Rooms or More17,654, 8.42%, see rank11.69%10.60%
Median Rooms5.50, see rank5.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Lake CountyIndianaU.S.
Total Housing Units209,564, 100%2,811,617132,741,033
No Bedroom1,936, 0.92%, see rank1.38%2.17%
1 Bedroom17,212, 8.21%, see rank9.26%11.16%
2 Bedrooms62,358, 29.76%, see rank26.57%26.69%
3 Bedrooms89,708, 42.81%, see rank44.05%39.70%
4 Bedrooms30,780, 14.69%, see rank15.33%16.05%
5 or More Bedrooms7,570, 3.61%, see rank3.40%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Lake CountyIndianaU.S.
Total Housing Units182,919, 100%2,492,183116,211,092
Utility Gas160,428, 87.70%, see rank61.00%48.85%
Bottled, Tank, or LP Gas2,480, 1.36%, see rank7.17%4.86%
Electricity17,951, 9.81%, see rank27.77%36.68%
Fuel Oil, Kerosene, etc.296, 0.16%, see rank0.96%5.86%
Coal or Coke61, 0.03%, see rank0.14%0.12%
Wood742, 0.41%, see rank2.21%2.12%
Solar Energy28, 0.02%, see rank0.02%0.05%
Other Fuel499, 0.27%, see rank0.46%0.47%
No Fuel Used434, 0.24%, see rank0.27%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalLake CountyIndianaU.S.
Occupied Units Paying Rent53,446, 100%716,46139,201,928
$199 or Less1,684, 3.15%, see rank1.90%1.50%
$200 to $2992,317, 4.34%, see rank3.46%3.18%
$300 to $4994,138, 7.74%, see rank10.51%7.37%
$500 to $69910,201, 19.09%, see rank27.49%16.01%
$700 to $99921,578, 40.37%, see rank37.65%29.17%
$1,000 to $1,49911,585, 21.68%, see rank15.48%26.88%
$1,500 to $1,9991,609, 3.01%, see rank2.39%9.79%
$2,000 or More334, 0.62%, see rank1.13%6.10%
Median$811, see rank$741$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Lake CountyIndianaU.S.
Occupied Housing Units182,919, 100%2,492,183116,211,092
No Vehicles Available16,026, 8.76%, see rank6.86%9.12%
1 Vehicles Available67,198, 36.74%, see rank32.87%33.80%
2 Vehicles Available65,696, 35.92%, see rank38.90%37.48%
3 or More Vehicles Available33,999, 18.59%, see rank21.37%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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