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Lake County

Learn about the people, housing, costs and businesses in Lake County County

Median Home$228,522
Median Rent$1,214/month
Population500,379
Leading IndustriesFinance & Insurance · Information & Media · Education7% finance & insurance
Home Value Growth⬆⬆+14.4% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners72% of occupied units
NotableAmenity Score70/100 · highly walkable area
NotableHigh Incomes$77k/year · top 25% nationally
Lake County
IN

Frequently Asked Questions

What are today's mortgage rates in Lake County?

As of today, the 30-year fixed mortgage rate for Lake County is approximately 7.130% (7.160% 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 Lake County
What is the median home price in Lake County?

The median home value in Lake County is $229k. The median monthly rent is $1,214. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lake County?

Home values in Lake County have increased 14.4% 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 Lake County?

Based on a typical all-in ownership cost of $1,207/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $52k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lake County is $77k/year.

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What industries drive the economy in Lake County?

The largest employment sectors in Lake County are public administration (24%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas