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Lake County Housing

 
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As of 2010-2014, median price of a house in Lake County is $155,100, which is lower than the state average of $185,200 and is lower than the national average of $175,700. The Lake County median house value has grown by 117.53% since 2000. The growth rate for the price of a house in Lake County is much higher than the state average rate of 51.31% and is much higher than the national average rate of 46.91%. The median year that a house in Lake County was built is 1962, which is older than the median year for a house built in the state which is 1975 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 4,115 Owner Occupied Houses in Lake County, #35
Lake County
155,100 USD
Minnesota
185,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #4
Lake County
117.53%
Minnesota
51.31%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Lake CountyMinnesotaU.S.
Total Housing Units7,734, see rank, 100%2,364,149132,741,033
Occupied Housing Units5,010, 64.78%, see rank89.48%87.55%
Owner Occupied4,115, 53.21%, see rank64.51%56.34%
Renter Occupied895, 11.57%, see rank24.96%31.21%
Vacant Housing Units2,724, 35.22%, see rank10.52%12.45%
For Rent55, 0.71%, see rank1.22%2.34%
For Sale Only131, 1.69%, see rank0.96%1.20%
Rented or Sold, Not Occupied3, 0.04%, see rank0.68%0.92%
For Seasonal, Recreational, or Occasional Use2,210, 28.58%, see rank5.29%3.97%
For Migrant Workers3, 0.04%, see rank0.01%0.03%
Other Vacant322, 4.16%, see rank2.36%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #59
Lake CountyMinnesotaU.S.
196219751976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Lake County%MinnesotaU.S.
Owner-Occupied Units4,115100%1,525,20174,787,460
With a Mortgage2,29455.75%, see rank68.78%65.58%
Without a Mortgage1,82144.25%, see rank31.22%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Lake County
1,185 USD
Minnesota
1,526 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsLake County%MinnesotaU.S.
$299 or Less120.52%, see rank0.18%0.20%
$300 to $499662.88%, see rank1.30%1.59%
$500 to $6991677.28%, see rank4.08%5.01%
$700 to $99958025.28%, see rank12.50%14.32%
$1,000 to $1,49990839.58%, see rank30.43%27.90%
$1,500 to $1,99932714.25%, see rank25.36%20.35%
$2,000 to $2,9991948.46%, see rank19.32%19.52%
$3,000 or More401.74%, see rank6.84%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Lake County
23.50% of the Total Income
Minnesota
22.50% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Lake County%MinnesotaU.S.
10% or Less2239.72%, see rank6.13%5.86%
10% to 20%72631.65%, see rank35.03%31.95%
20% to 30%55124.02%, see rank30.01%27.64%
30% to 40%2169.42%, see rank12.88%13.74%
40% or More57525.07%, see rank15.67%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Lake County
380 USD
Minnesota
475 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsLake County%MinnesotaU.S.
$199 or Less1357.41%, see rank4.45%7.76%
$200 to $29932818.01%, see rank10.96%14.70%
$300 to $49985647.01%, see rank39.99%34.63%
$500 to $69929516.20%, see rank27.38%21.16%
$700 or More20711.37%, see rank17.23%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Lake County
10.90% of the Total Income
Minnesota
11.50% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Lake County%MinnesotaU.S.
10% or Less82145.09%, see rank43.57%40.19%
10% to 20%53129.16%, see rank31.28%31.47%
20% to 30%27214.94%, see rank11.58%12.24%
30% to 40%744.06%, see rank5.05%5.64%
40% or More834.56%, see rank7.69%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Lake CountyMinnesotaU.S.
Total Housing Units7,734, 100%2,364,149132,741,033
1-unit, Detached6,786, 87.74%, see rank67.25%61.65%
1-unit, Attached193, 2.50%, see rank7.45%5.82%
2 Units54, 0.70%, see rank2.34%3.75%
3 or 4 Units98, 1.27%, see rank2.08%4.43%
5 to 9 Units62, 0.80%, see rank2.23%4.78%
10 or More Units323, 4.18%, see rank15.14%13.08%
Mobile Home, Boat, RV, Van, etc.218, 2.82%, see rank3.52%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Lake CountyMinnesotaU.S.
Total Housing Units7,734, 100%2,364,149132,741,033
1 Room391, 5.06%, see rank1.54%1.95%
2 Rooms313, 4.05%, see rank2.83%2.48%
3 Rooms802, 10.37%, see rank9.20%9.13%
4 Rooms1,373, 17.75%, see rank14.05%16.60%
5 Rooms1,647, 21.30%, see rank15.52%20.41%
6 Rooms1,315, 17.00%, see rank14.98%18.06%
7 Rooms769, 9.94%, see rank12.86%12.27%
8 Rooms504, 6.52%, see rank11.01%8.48%
9 Rooms or More620, 8.02%, see rank18.01%10.60%
Median Rooms5.10, see rank6.005.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Lake CountyMinnesotaU.S.
Total Housing Units7,734, 100%2,364,149132,741,033
No Bedroom412, 5.33%, see rank1.76%2.17%
1 Bedroom944, 12.21%, see rank11.71%11.16%
2 Bedrooms2,404, 31.08%, see rank26.64%26.69%
3 Bedrooms2,979, 38.52%, see rank34.15%39.70%
4 Bedrooms856, 11.07%, see rank19.81%16.05%
5 or More Bedrooms139, 1.80%, see rank5.94%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Lake CountyMinnesotaU.S.
Total Housing Units5,010, 100%2,115,337116,211,092
Utility Gas2,237, 44.65%, see rank66.78%48.85%
Bottled, Tank, or LP Gas902, 18.00%, see rank10.05%4.86%
Electricity825, 16.47%, see rank16.13%36.68%
Fuel Oil, Kerosene, etc.394, 7.86%, see rank2.62%5.86%
Coal or Coke0, 0.00%, see rank0.03%0.12%
Wood567, 11.32%, see rank2.55%2.12%
Solar Energy12, 0.24%, see rank0.02%0.05%
Other Fuel65, 1.30%, see rank1.17%0.47%
No Fuel Used8, 0.16%, see rank0.65%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalLake CountyMinnesotaU.S.
Occupied Units Paying Rent775, 100%562,19839,201,928
$199 or Less37, 4.77%, see rank2.46%1.50%
$200 to $29930, 3.87%, see rank4.66%3.18%
$300 to $499127, 16.39%, see rank9.32%7.37%
$500 to $699234, 30.19%, see rank17.06%16.01%
$700 to $999139, 17.94%, see rank33.30%29.17%
$1,000 to $1,499191, 24.65%, see rank23.49%26.88%
$1,500 to $1,9995, 0.65%, see rank7.02%9.79%
$2,000 or More12, 1.55%, see rank2.69%6.10%
Median$675, see rank$835$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Lake CountyMinnesotaU.S.
Occupied Housing Units5,010, 100%2,115,337116,211,092
No Vehicles Available350, 6.99%, see rank7.25%9.12%
1 Vehicles Available1,424, 28.42%, see rank30.11%33.80%
2 Vehicles Available1,909, 38.10%, see rank40.67%37.48%
3 or More Vehicles Available1,327, 26.49%, see rank21.97%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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