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Lowell Indiana Real Estate By Jennifer Hershey

Lowell Indiana Real Estate

Lowell, Indiana, is located in Lake County, 18 miles S of Gary, Indiana and 42 miles S of Chicago, Illinois. Lowell has a population of 7,505.

Lowell Homes

Lowell properties pool is 2,665 residential properties including Lowell new homes. Median age of real estate in Lowell is 1972. Average Household size is 3.19 people. 0% are one bedroom homes, 17% are 2 bedroom homes, 62% are 3 bedroom homes, 20% are 4 bedroom homes, and 2% are 5+ bedroom homes.

Lowell Mortgage Statistics

Lowell mortgages vs. USA median statistics

Homes Lowell USA
Homes With No Mortgage 23%
30%
Homes With Mortgage 77%
70%
First Mortgage Only 58%
54%
First & Second Mortgage or HELOC 19%
16%

Lowell Area Real Estate Tax

Lowell Real estate Tax: Median Real Estate Taxes (2000) were $1,198 comparing to 1999 Median Family income $ 54,797. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Lowell School District: Children make up 28.6% of Lowell population. Lowell has 2,150 under 18 years old residents, or 0.62 kids per one worker, or 0.81 kids per one household.

Lowell Real Estate & Lowell Homeownership

There are 559.65 or 21% one person households, 826.15 or 31% two person households, and 453.05 or 17% three person households in Lowell, Indiana. Median residents age is 34.2, Senior citizens (65+) make up 812 or 10.8%% of Lowell population.

There are 3,495 workers (over 16 years of age) in Lowell. Of these, 95.82% drive to work. Approximately 0.46% of workers in Lowell take public transportation. An estimated 1.66% walk to work.

Median Lowell homeowner's housing expences are 19.4%

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

Type of Crime Lowell USA, 2003
Violent Crimes
54.63
47.5
Robberies
NaN
14.2
Aggravated Assaults
54.63
29.5
Property Crimes
255.83
358.8
Burglaries
13.32
74.0
Larceny-Thefts
229.18
241.5
Motor Vehicle Thefts
13.32
43.3

Invest in Lowell Properties

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

Category Lowell USA
Near Medium City
Gary, Indiana
-
Near Large City
Chicago, Illinois
-
Lowell Zip Codes
46356
-
Lowell Area Codes
219
-
White population
97.3%
75.1%
African-American population
0.03%
12.3%
Asian
0.24%
3.6%
American Indian & Alaskan
0.39%
0.9%
Hispanic (of any race)
3.53%
12.5%
Median Family Income (1999)
$ 54,797%
$42,000
Population Below Poverty Level
6.34%
12.4%

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See Also:

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