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Valparaiso Indiana Real Estate By Jennifer Hershey

Valparaiso Indiana Real Estate

Valparaiso, Indiana, is located in Porter County, 13 miles E of Gary, Indiana and 40 miles SE of Chicago, Illinois. Valparaiso has a population of 27,428.

Valparaiso Homes

Valparaiso properties pool is 10,914 residential properties including Valparaiso new homes. Median age of real estate in Valparaiso is 1971. Average Household size is 2.93 people. 2% are one bedroom homes, 19% are 2 bedroom homes, 52% are 3 bedroom homes, 23% are 4 bedroom homes, and 4% are 5+ bedroom homes.

Valparaiso Mortgage Statistics

Valparaiso mortgages vs. USA median statistics

Homes Valparaiso USA
Homes With No Mortgage 27%
30%
Homes With Mortgage 73%
70%
First Mortgage Only 55%
54%
First & Second Mortgage or HELOC 19%
16%

Valparaiso Area Real Estate Tax

Valparaiso Real estate Tax: Median Real Estate Taxes (2000) were $1,382 comparing to 1999 Median Family income $ 60,637. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Valparaiso School District: Children make up 21.2% of Valparaiso population. Valparaiso has 5,814 under 18 years old residents, or 0.43 kids per one worker, or 0.53 kids per one household.

Valparaiso Real Estate & Valparaiso Homeownership

There are 3710.76 or 34% one person households, 3601.62 or 33% two person households, and 1637.1 or 15% three person households in Valparaiso, Indiana. Median residents age is 32.7, Senior citizens (65+) make up 3,580 or 13.1%% of Valparaiso population.

There are 13,579 workers (over 16 years of age) in Valparaiso. Of these, 87.35% drive to work. Approximately 0.67% of workers in Valparaiso take public transportation. An estimated 7.79% walk to work.

Median Valparaiso homeowner's housing expences are 18%

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

Type of Crime Valparaiso USA, 2003
Violent Crimes
32.45
47.5
Robberies
2.55
14.2
Aggravated Assaults
28.44
29.5
Property Crimes
374.43
358.8
Burglaries
24.06
74.0
Larceny-Thefts
336.52
241.5
Motor Vehicle Thefts
13.85
43.3

Invest in Valparaiso Properties

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

Category Valparaiso USA
Near Medium City
Gary, Indiana
-
Near Large City
Chicago, Illinois
-
Valparaiso Zip Codes
46383, 46385
-
Valparaiso Area Codes
219
-
White population
94.35%
75.1%
African-American population
1.6%
12.3%
Asian
1.49%
3.6%
American Indian & Alaskan
0.23%
0.9%
Hispanic (of any race)
3.34%
12.5%
Median Family Income (1999)
$ 60,637%
$42,000
Population Below Poverty Level
8.23%
12.4%

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