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Lake County |
Per Cent Home Owners | |||||
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| Over 90% | 70 to 90 | 50 to 70 | 30 to 50 | Under 30% | ||
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Overview
The map on the left shows the percentage of home owners in Lake County. For most households it is the single largest investment that a household can make. Owning a home means ...
- • Building generational wealth
- • Liberation from rental increases
- • Safeguards against inflation
- • Potential tax savings
- • Social, health, and psychological benefits
Base on various studies, neighborhoods with high percentages of owned homes tend to be more stable over time. Thereby creating a better environment for raising children, creating long term relationships and development of a stronger neighborhood (e.g. crime prevention and civic pride)
Sources: STI: PopStats, Circa April 2025
Owner/Renter Comparison
| Data Topic | Lake County | Ohio | Nation |
| Total Population | 232,623 | 11,944,743 | 343,250,809 |
Housing | |||
| Owner Occupied | 73,800 | 3,239,775 | 84,857,403 |
| Renter Occupied | 25,716 | 1,626,891 | 46,440,947 |
| Vacant | 5,646 | 431,819 | 13,786,062 |
| Total Housing | 105,162 | 5,298,485 | 145,084,412 |
Per Cent Housing | |||
| Owner Occupied | 70.18 | 61.15 | 58.49 |
| Renter Occupied | 24.45 | 30.70 | 32.01 |
| Vacant | 5.37 | 8.15 | 9.50 |
