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Lake County

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

Median Home$410,981
Median Rent$991/month
Population32,561
Leading IndustriesProfessional Services · Education · Arts, Food & Hospitality3% professional services
Home Value Growth⬆⬆⬆+36.3% over 2 years
Retirees24% of residentsslightly above average
Homeowners75% of occupied units
NotableVeteran Community9% of residents · top 20% nationally
NotableHighly Educated20% hold a bachelor's degree · top 22% nationally
Lake County
MT

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 6.924% (6.947% 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 $411k. The median monthly rent is $991. Annual property taxes average $3k. 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 36.3% 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 $997/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lake County is $65k/year.

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What industries drive the economy in Lake County?

The largest employment sectors in Lake County are public administration (23%) and healthcare (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas