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Shamrock Lakes

Learn about the people, housing, costs and businesses in Shamrock Lakes, Indiana

Median Home$148,100
Median Rent$807/month
Population210
Leading IndustriesRetail · Wholesale Trade · Arts, Food & Hospitality26% retail
Home Value Growth+7.7% over 2 years
Retirees23% of residentsslightly above average
Homeowners87% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
NotableTransit80/100 · excellent transit access
Shamrock Lakes
IN

Frequently Asked Questions

What are today's mortgage rates in Shamrock Lakes?

As of today, the 30-year fixed mortgage rate for Shamrock Lakes is approximately 7.059% (7.101% 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 Shamrock Lakes?

The median home value in Shamrock Lakes is $148k. The median monthly rent is $807. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Shamrock Lakes?

Home values in Shamrock Lakes have increased 7.7% over the past two years. This represents moderate growth. 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 Shamrock Lakes?

Based on a typical all-in ownership cost of $679/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Shamrock Lakes is $78k/year.

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What industries drive the economy in Shamrock Lakes?

The largest employment sectors in Shamrock Lakes are retail (26%) and public administration (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.