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Indian Lake Local

Learn about the people, housing, costs and businesses in Indian Lake Local, Ohio

Median Home$168,835
Median Rent$891/month
Population11,983
Leading IndustriesRetail · Finance & Insurance23% retail
Home Value Growth⬆⬆⬆+24.4% over 2 years
Retirees26% of residentswell above average
Homeowners85% of occupied units
NotableVeteran Community9% of residents · top 15% nationally
NotableAffordable Market$169k median home · lower cost than 75% of the country
Indian Lake Local
OH

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Indian Lake Local?

As of today, the 30-year fixed mortgage rate for Indian Lake Local is approximately 6.999% (7.039% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Indian Lake Local
What is the median home price in Indian Lake Local?

The median home value in Indian Lake Local is $169k. The median monthly rent is $891. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Indian Lake Local?

Home values in Indian Lake Local have increased 24.4% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Indian Lake Local?

Based on a typical all-in ownership cost of $871/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Indian Lake Local is $59k/year.

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What industries drive the economy in Indian Lake Local?

The largest employment sectors in Indian Lake Local are retail (23%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.