TenantureLeasing Agent

Latest available · Census ACS 5-Year (2024)

What Is the Median Home Value in Lake County, Indiana?

$230,600/home 7.4%vs 2023 ($214,700)

County · Census ACS 5-Year estimates

The median home value in Lake County, Indiana is $230,600 (±$2,947), based on Census ACS 5-Year estimates (2024). The median gross rent is $1,131/month, and the median household income is $71,493/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Median Home Value in Lake County, Indiana and Neighbouring Counties

Lake County: $230,600Cook: $324,500Kankakee: $192,600Newton: $171,500Will: $319,600Porter: $281,500Jasper: $221,500$230,600$324,500$192,600$171,500$319,600$281,500$221,500

Housing Metrics for Lake County, Indiana

MetricValue
Median Home Value$230,600
Median Gross Rent$1,131
Median Household Income$71,493
Total Housing Units195,130
Renter-Occupied Units55,274
Renter-Occupied Share28%

How does Lake County, Indiana compare?

Median home value ranked against all counties in Indiana.

Higher home value than 83% of counties in Indiana · 17th of 92

Cheapest: Randolph County($113,400)
Priciest: Hamilton County($405,500)
#CountyValue
1Hamilton County$405,500
2Boone County$376,200
3Hendricks County$307,600
… 13 more …
17Lake County(you are here)$230,600
… 72 more …
90Randolph County$113,400
91Vermillion County$113,100
92Blackford County$107,500

Frequently asked questions

What is the median home value in Lake County, Indiana?

The median home value in Lake County, Indiana is $230,600, based on Census ACS 5-Year estimates (2024). This is the self-reported estimated value homeowners believe their property would sell for. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the average rent in Lake County, Indiana?

The median gross rent in Lake County, Indiana is $1,131/month, based on Census ACS 5-Year estimates (2024).

What is the median household income in Lake County, Indiana?

The median household income in Lake County, Indiana is $71,493/year according to Census ACS 5-Year estimates (2024).

How reliable is Census ACS data for small areas?

The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median home value of $230,600 has a margin of error of ±$2,947. In very small areas, MOEs can be large relative to the estimate.

Managing rental properties?

Tenanture helps property managers reply to every inbound lead, qualify applicants against your rules, and handle tenant inquiries automatically.

Get started free
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau. Data from the American Community Survey (ACS) 5-Year Estimates, public domain.