What percentage of people rent in Lowell, IN?
15.7% (±3.8 points) of the occupied homes in Lowell, IN are rented (2020–2024 American Community Survey).
That is 662 renting households against 3,542 that own their home.
In Lowell, the share of households that rent went from 15.5% in 2015–2019 to 15.7% in 2020–2024 (+0.2 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 15.7% (±3.8 points)
- Renting households
- 662 (±166)
- Median renter income
- $51,570 (±$8,617)
Who rents and who owns in Lowell
| Lowell | Lake County | Indiana | United States | |
|---|---|---|---|---|
| Renter-occupied share | 15.7% (±3.8 points) | 28.3% (±0.8 points) | 29.4% (±0.3 points) | 34.8% |
| Renting households | 662 (±166) | 55,274 (±1,617) | 799,766 (±7,038) | 45,017,354 |
| Owning households | 3,542 (±284) | 139,856 (±1,530) | 1,916,243 (±9,865) | 84,210,142 |
| Average renter household size | 1.9 (±0.3) | 2.4 (±0.0) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.7 (±0.2) | 2.6 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $51,570 (±$8,617) | $41,002 (±$1,339) | $42,811 (±$480) | $52,966 |
| Median owner household income | $85,994 (±$6,736) | $88,178 (±$2,255) | $87,459 (±$395) | $100,009 |
In Lowell, the renter share is lower than in Lake County (28.3%).
It is also lower than in Indiana (29.4%).
It is lower than the national figure (34.8%).
In Lake County, Lowell ranks 17 of 31 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 928 of 1,600.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Lowell has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 15.5% (±4.4 points) | 15.7% (±3.8 points) | +0.2 percentage points | Not a measurable change |
| Median gross rent | $1,125 (±$123) | $1,123 (±$83) | −0.2% | Down after inflation |
| Median household income | $67,148 (±$7,295) | $84,024 (±$2,767) | +25.1% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Lowell
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Lowell | — | 15.7% (±3.8 points) | — |
| Cedar Creek Township (Lake County) | 2.5 mi | 13.5% (±4.5 points) | Not measurably different |
| Lake Dalecarlia | 3.4 mi | 7.1% (±10.8 points) | Not measurably different |
| West Creek Township | 4.6 mi | 10.6% (±3.9 points) | Not measurably different |
| Cedar Lake | 5.8 mi | 14.8% (±4.4 points) | Not measurably different |
| Schneider | 6.9 mi | 20.4% (±16.1 points) | Not measurably different |
| Eagle Creek Township | 7.2 mi | 5.9% (±5.5 points) | Lower |
| Hanover Township (Lake County) | 7.6 mi | 7.7% (±3.3 points) | Lower |
| Center Township (Lake County) | 7.6 mi | 12.5% (±2.2 points) | Not measurably different |
Nearby places with a measurably lower figure: Eagle Creek Township, IN (5.9%), Hanover Township (Lake County), IN (7.7%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Lake County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 11 | Griffith | 28.3% (±4.4 points) |
| 12 | Hobart Township | 28.1% (±3.8 points) |
| 13 | Lake Station | 28.0% (±6.9 points) |
| 14 | Highland | 21.6% (±3.3 points) |
| 15 | Schneider | 20.4% (±16.1 points) |
| 16 | Schererville | 20.1% (±3.1 points) |
| 17 | Lowell | 15.7% (±3.8 points) |
| 18 | Cedar Lake | 14.8% (±4.4 points) |
| 19 | Crown Point | 14.5% (±2.4 points) |
| 20 | Cedar Creek Township (Lake County) | 13.5% (±4.5 points) |
| 21 (tie) | Munster | 13.0% (±3.6 points) |
| 21 (tie) | St. John Township | 13.0% (±2.1 points) |
| 23 | Center Township (Lake County) | 12.5% (±2.2 points) |
Showing 13 of 31 places in Lake County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Lowell
How many renters are there in Lowell?
Lowell has an estimated 662 (±166) renting households, 15.7% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Lowell?
In Lowell, the share of households that rent went from 15.5% in 2015–2019 to 15.7% in 2020–2024 (+0.2 percentage points), not a measurable change.
How big are renting households in Lowell?
A renting household in Lowell has 1.9 people on average, against 2.7 in an owned home.
How much do renters earn in Lowell?
The median renting household in Lowell, IN has an income of $51,570 (±$8,617) a year, against $85,994 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lowell town, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lowell town, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lowell town, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lowell town, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Lowell town, Indiana
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Lowell town, Indiana (place:45144, in state:18).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Lowell at a glance
- Median rent in Lowell
- Rent by bedrooms in Lowell
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- Income and affordability in Lowell
- Home values in Lowell
- Homeowner costs in Lowell
- Property taxes in Lowell
- Types of homes in Lowell
- Bedrooms in Lowell
- Age of homes in Lowell
- Heating fuel in Lowell
- Commute and cars in Lowell
- Crime reported to police in Lowell
- Population growth in Lowell
- How long people stay in Lowell
- Crowding and facilities in Lowell
- Indiana landlord and tenant rules
- Housing across Lake County
- Indiana places ranked by share of renters
- Housing data for every place in Indiana