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Lake County

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

Median Home$219,465
Median Rent$917/month
Population8,267
Leading IndustriesConstruction · Agriculture & Mining · Public Administration17% construction
Home Value Growth⬆⬆+12.9% over 2 years
Retirees25% of residentsabove average nationally
Homeowners67% of occupied units
Lake County
OR

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 7.160% (7.187% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Lake County?

The median home value in Lake County is $219k. The median monthly rent is $917. 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 12.9% 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 $807/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lake County is $64k/year.

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What industries drive the economy in Lake County?

The largest employment sectors in Lake County are public administration (26%) and agriculture and mining (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas