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Cedar Lake Indiana Real Estate By Jennifer Hershey

Cedar Lake Indiana Real Estate

Cedar Lake, Indiana, is located in Lake County, 13 miles SW of Gary, Indiana and 35 miles S of Chicago, Illinois. Cedar Lake has a population of 9,279.

Cedar Lake Homes

Cedar Lake properties pool is 3,376 residential properties including Cedar Lake new homes. Median age of real estate in Cedar Lake is 1960. Average Household size is 3.23 people. 3% are one bedroom homes, 27% are 2 bedroom homes, 55% are 3 bedroom homes, 13% are 4 bedroom homes, and 2% are 5+ bedroom homes.

Cedar Lake Mortgage Statistics

Cedar Lake mortgages vs. USA median statistics

Homes Cedar Lake USA
Homes With No Mortgage 25%
30%
Homes With Mortgage 75%
70%
First Mortgage Only 59%
54%
First & Second Mortgage or HELOC 16%
16%

Cedar Lake Area Real Estate Tax

Cedar Lake Real estate Tax: Median Real Estate Taxes (2000) were $1,153 comparing to 1999 Median Family income $ 50,431. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Cedar Lake School District: Children make up 28.5% of Cedar Lake population. Cedar Lake has 2,645 under 18 years old residents, or 0.59 kids per one worker, or 0.78 kids per one household.

Cedar Lake Real Estate & Cedar Lake Homeownership

There are 776.48 or 23% one person households, 1012.8 or 30% two person households, and 641.44 or 19% three person households in Cedar Lake, Indiana. Median residents age is 33.6, Senior citizens (65+) make up 819 or 8.8%% of Cedar Lake population.

There are 4,507 workers (over 16 years of age) in Cedar Lake. Of these, 95.12% drive to work. Approximately 0.64% of workers in Cedar Lake take public transportation. An estimated 1.22% walk to work.

Median Cedar Lake homeowner's housing expences are 21%

Crime in Cedar Lake (2003), crimes per 10,000 residents per year

Type of Crime Cedar Lake USA, 2003
Violent Crimes
14.01
47.5
Robberies
NaN
14.2
Aggravated Assaults
12.93
29.5
Property Crimes
295.29
358.8
Burglaries
37.72
74.0
Larceny-Thefts
232.78
241.5
Motor Vehicle Thefts
24.79
43.3

Invest in Cedar Lake Properties

When making a decision about buying real estate in Cedar Lake Indiana area, you should consider following statistical data:

Category Cedar Lake USA
Near Medium City
Gary, Indiana
-
Near Large City
Chicago, Illinois
-
Cedar Lake Zip Codes
46303
-
Cedar Lake Area Codes
219
-
White population
97.4%
75.1%
African-American population
0.09%
12.3%
Asian
0.2%
3.6%
American Indian & Alaskan
0.24%
0.9%
Hispanic (of any race)
3.5%
12.5%
Median Family Income (1999)
$ 50,431%
$42,000
Population Below Poverty Level
6.53%
12.4%

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