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Housing Affordability in Lowell, IN
Households that spend 30% or more of income on housing, rent and owner costs compared with income. American Community Survey 2020-2024 5-year estimates.
- Households paying 30%+ for housing
- 21.6%
- Indiana 25.5%
- Renters paying 30%+
- 37.0%
- Indiana 48.1%
- Homeowners paying 30%+
- 18.7%
- Indiana 16.8%
- Owner costs with a mortgage
- $1,578/mo
- Indiana $1,404/mo
Housing costs compared with income
- Renters paying 30% or more23837.0%
- Homeowners paying 30% or more66418.7%
- Renters paying 50% or more8813.7%
- Median rent as a share of income: 26.4%
- Median owner costs as a share of income, with a mortgage: 18.7%
- Median owner costs without a mortgage: $528/mo
- Median home value divided by median household income: 3.0
How it compares
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| Area | Households paying 30%+ for housing | Renters 30%+ | Owners 30%+ | Median rent as % of income |
|---|---|---|---|---|
| Lowell, IN | 21.6% | 37.0% | 18.7% | 26.4% |
| Lake County | 28.7% | 52.3% | 20.3% | 31.5% |
| Indiana | 25.5% | 48.1% | 16.8% | 29.1% |
| United States | 32.2% | 51.1% | 22.7% | 30.6% |
Frequently asked questions
- What is the housing cost burden in Lowell, IN?
- In Lowell, IN, 21.6% of households spend 30% or more of their income on housing costs.
- How does Lowell compare with Indiana?
- The households paying 30%+ for housing in Lowell is 21.6%, compared with 25.5% for Indiana as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates