Lake Station, IN Real Estate
According to census data in the year 2000 there were 5,338 housing units in Lake Station.
This represents a 5.4% growth from 5,066 in 1990.
Of those housing units, 5,338 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lake Station is about 79%.
Lake Station's vacancy rate, including seasonal lodging, is about 5.4%.
Average household size is 2.75 people.
The majority of houses, apartments or condos in Lake Station were built after 1956.
|Housing Units by Size|
|Five Bedrooms or more||1.60%|
Owned Homes, Apartments and Condos
|Average Household Size||2.73|
|Median year structure was built||1957|
|Median Value of occupied units||$73,600|
|Median Price asked for vacant units||$55,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.83|
|Median year structure was built||1956|
|Median Monthly Rent asked for vacant units||$339|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||7%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.9%|