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Lake County Housing

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As of 2010-2014, median price of a house in Lake County is $121,800, which is lower than the state average of $135,700 and is lower than the national average of $175,700. The Lake County median house value has grown by 65.04% since 2000. The growth rate for the price of a house in Lake County is lower than the state average rate of 70.48% and is higher than the national average rate of 46.91%. The median year that a house in Lake County was built is 1966, which is older than the median year for a house built in the state which is 1974 and is older than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 3,394 Owner Occupied Houses in Lake County, #16

Lake County	121,800 USD
South Dakota	135,700 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #47

Lake County	65.04%
South Dakota	70.48%
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 County	South Dakota	U.S.
Total Housing Units	5,585, see rank, 100%	369,186	132,741,033
Occupied Housing Units	4,722, 84.55%, see rank	88.60%	87.55%
Owner Occupied	3,394, 60.77%, see rank	60.29%	56.34%
Renter Occupied	1,328, 23.78%, see rank	28.31%	31.21%
Vacant Housing Units	863, 15.45%, see rank	11.40%	12.45%
For Rent	7, 0.13%, see rank	1.80%	2.34%
For Sale Only	2, 0.04%, see rank	1.07%	1.20%
Rented or Sold, Not Occupied	87, 1.56%, see rank	0.77%	0.92%
For Seasonal, Recreational, or Occasional Use	617, 11.05%, see rank	4.05%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.03%	0.03%
Other Vacant	150, 2.69%, see rank	3.68%	4.00%

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

Year Structure Built

Median Built Year, #32

Lake County	South Dakota	U.S.
1966	1974	1976

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	%	South Dakota	U.S.
Owner-Occupied Units	3,394	100%	222,589	74,787,460
With a Mortgage	1,760	51.86%, see rank	57.61%	65.58%
Without a Mortgage	1,634	48.14%, see rank	42.39%	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	1,178 USD
South Dakota	1,210 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Lake County	%	South Dakota	U.S.
$299 or Less	3	0.17%, see rank	0.27%	0.20%
$300 to $499	54	3.07%, see rank	2.43%	1.59%
$500 to $699	199	11.31%, see rank	7.81%	5.01%
$700 to $999	341	19.38%, see rank	21.16%	14.32%
$1,000 to $1,499	730	41.48%, see rank	38.32%	27.90%
$1,500 to $1,999	241	13.69%, see rank	17.68%	20.35%
$2,000 to $2,999	146	8.30%, see rank	9.65%	19.52%
$3,000 or More	46	2.61%, see rank	2.68%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Lake County	18.80% of the Total Income
South Dakota	21.00% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Lake County	%	South Dakota	U.S.
10% or Less	193	10.97%, see rank	6.97%	5.86%
10% to 20%	776	44.09%, see rank	38.97%	31.95%
20% to 30%	518	29.43%, see rank	30.25%	27.64%
30% to 40%	110	6.25%, see rank	11.46%	13.74%
40% or More	163	9.26%, see rank	11.99%	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	434 USD
South Dakota	425 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Lake County	%	South Dakota	U.S.
$199 or Less	25	1.53%, see rank	7.35%	7.76%
$200 to $299	250	15.30%, see rank	14.74%	14.70%
$300 to $499	778	47.61%, see rank	44.42%	34.63%
$500 to $699	401	24.54%, see rank	22.08%	21.16%
$700 or More	180	11.02%, see rank	11.41%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Lake County	11.70% of the Total Income
South Dakota	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	%	South Dakota	U.S.
10% or Less	700	42.84%, see rank	45.92%	40.19%
10% to 20%	471	28.82%, see rank	31.03%	31.47%
20% to 30%	263	16.10%, see rank	10.85%	12.24%
30% to 40%	62	3.79%, see rank	4.45%	5.64%
40% or More	137	8.38%, see rank	6.86%	9.16%

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

Units in Structure

	Lake County	South Dakota	U.S.
Total Housing Units	5,585, 100%	369,186	132,741,033
1-unit, Detached	4,247, 76.04%, see rank	69.03%	61.65%
1-unit, Attached	112, 2.01%, see rank	3.29%	5.82%
2 Units	23, 0.41%, see rank	1.76%	3.75%
3 or 4 Units	148, 2.65%, see rank	3.42%	4.43%
5 to 9 Units	259, 4.64%, see rank	3.76%	4.78%
10 or More Units	416, 7.45%, see rank	9.87%	13.08%
Mobile Home, Boat, RV, Van, etc.	380, 6.80%, see rank	8.86%	6.49%

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

Rooms

	Lake County	South Dakota	U.S.
Total Housing Units	5,585, 100%	369,186	132,741,033
1 Room	54, 0.97%, see rank	1.34%	1.95%
2 Rooms	114, 2.04%, see rank	2.62%	2.48%
3 Rooms	367, 6.57%, see rank	8.18%	9.13%
4 Rooms	1,057, 18.93%, see rank	16.39%	16.60%
5 Rooms	880, 15.76%, see rank	17.57%	20.41%
6 Rooms	661, 11.84%, see rank	14.84%	18.06%
7 Rooms	779, 13.95%, see rank	12.44%	12.27%
8 Rooms	526, 9.42%, see rank	10.74%	8.48%
9 Rooms or More	1,147, 20.54%, see rank	15.89%	10.60%
Median Rooms	6.00, see rank	5.80	5.50

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

Bedrooms

	Lake County	South Dakota	U.S.
Total Housing Units	5,585, 100%	369,186	132,741,033
No Bedroom	70, 1.25%, see rank	1.49%	2.17%
1 Bedroom	538, 9.63%, see rank	9.70%	11.16%
2 Bedrooms	1,503, 26.91%, see rank	28.08%	26.69%
3 Bedrooms	1,847, 33.07%, see rank	34.09%	39.70%
4 Bedrooms	1,031, 18.46%, see rank	19.37%	16.05%
5 or More Bedrooms	596, 10.67%, see rank	7.26%	4.22%

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

House Heating Fuel

	Lake County	South Dakota	U.S.
Total Housing Units	4,722, 100%	327,101	116,211,092
Utility Gas	2,112, 44.73%, see rank	48.20%	48.85%
Bottled, Tank, or LP Gas	783, 16.58%, see rank	16.53%	4.86%
Electricity	1,628, 34.48%, see rank	28.34%	36.68%
Fuel Oil, Kerosene, etc.	68, 1.44%, see rank	2.70%	5.86%
Coal or Coke	0, 0.00%, see rank	0.08%	0.12%
Wood	61, 1.29%, see rank	1.94%	2.12%
Solar Energy	4, 0.08%, see rank	0.05%	0.05%
Other Fuel	46, 0.97%, see rank	1.52%	0.47%
No Fuel Used	20, 0.42%, see rank	0.63%	1.00%

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

Gross Rent

Monthly Rental	Lake County	South Dakota	U.S.
Occupied Units Paying Rent	1,200, 100%	95,597	39,201,928
$199 or Less	160, 13.33%, see rank	3.76%	1.50%
$200 to $299	130, 10.83%, see rank	5.89%	3.18%
$300 to $499	301, 25.08%, see rank	19.38%	7.37%
$500 to $699	305, 25.42%, see rank	28.86%	16.01%
$700 to $999	276, 23.00%, see rank	27.81%	29.17%
$1,000 to $1,499	20, 1.67%, see rank	11.89%	26.88%
$1,500 to $1,999	0, 0.00%, see rank	1.55%	9.79%
$2,000 or More	8, 0.67%, see rank	0.86%	6.10%
Median	$503, see rank	$648	$920

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

Vehicle Available

	Lake County	South Dakota	U.S.
Occupied Housing Units	4,722, 100%	327,101	116,211,092
No Vehicles Available	267, 5.65%, see rank	5.30%	9.12%
1 Vehicles Available	1,342, 28.42%, see rank	28.60%	33.80%
2 Vehicles Available	1,754, 37.15%, see rank	37.24%	37.48%
3 or More Vehicles Available	1,359, 28.78%, see rank	28.87%	19.61%

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