Lake County, IN
Comprehensive housing, income, and cost of living data for Lake County, Indiana. Population: 497.7K.
Housing & Finance
Demographics & Economics
Racial Demographics
Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.
Climate & Environment
Frequently Asked Questions
What is the median home price in Lake County, IN?
The median home price in Lake County, Indiana is $175.9K. The price-to-income ratio is 2.5x, meaning the median home costs 2.5 times the median household income.
What salary do you need to buy a home in Lake County?
Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $48.3K per year to buy the median home in Lake County, IN. Monthly housing costs break down to $889 for mortgage, $166 for property tax, and $73.28 for insurance.
What is the property tax rate in Lake County?
The effective property tax rate in Lake County is 1.13%, which comes to approximately $1,987 per year on the median home.
What is the median household income in Lake County?
The median household income in Lake County, Indiana is $69.0K per year, based on Census Bureau American Community Survey data. The unemployment rate is 3.4%%.
Is Lake County a good place to live?
Lake County, Indiana has a population of 497.7K. Housing affordability is strong with a price-to-income ratio of 2.5x. The climate averages 50 degrees F with 171 sunny days per year. Compare Lake County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.