How much do homeowners pay a month in Lake Lakengren, OH?
Homeowners with a mortgage in Lake Lakengren, OH pay a median of $1,338 (±$60) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $502 (±$47).
75.8% of owned homes carry a mortgage.
In Lake Lakengren, the median monthly cost with a mortgage went from $1,135 in 2015–2019 to $1,338 in 2020–2024 (+17.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- With a mortgage
- $1,338 (±$60)
- Without a mortgage
- $502 (±$47)
- Owned with a mortgage
- 75.8%
Monthly owner costs in Lake Lakengren
| Lake Lakengren | Preble County | Ohio | United States | |
|---|---|---|---|---|
| With a mortgage | $1,338 (±$60) | $1,278 (±$45) | $1,517 (±$5) | $1,963 |
| Without a mortgage | $502 (±$47) | $523 (±$22) | $588 (±$2) | $638 |
| Owned homes with a mortgage | 75.8% (±7.8 points) | 59.3% (±2.5 points) | 60.6% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $2,025 (±$241) | $1,883 (±$67) | $2,822 (±$10) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In Lake Lakengren, the median cost with a mortgage is not measurably different from Preble County ($1,278).
It is also lower than in Ohio ($1,517).
It is lower than the national figure ($1,963).
In Preble County, Lake Lakengren ranks 7 of 24 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 1164 of 2,330.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Lake Lakengren have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,135 (±$59) | $1,338 (±$60) | +17.9% | No measurable change after inflation |
| Median real estate taxes | $1,489 (±$116) | $2,025 (±$241) | +36.0% | No measurable change after inflation |
| Median home value | $127,400 (±$7,260) | $211,400 (±$14,964) | +65.9% | Up 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.
Median monthly cost with a mortgage in places near Lake Lakengren
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Lake Lakengren | — | $1,338 (±$60) | — |
| Gasper Township | 2.2 mi | $1,342 (±$62) | Not measurably different |
| Dixon Township | 3.9 mi | $1,329 (±$108) | Not measurably different |
| Camden | 4.2 mi | $1,063 (±$135) | Lower |
| Eaton | 5.2 mi | $1,106 (±$107) | Lower |
| Somers Township | 5.6 mi | $1,356 (±$227) | Not measurably different |
| Israel Township | 6.4 mi | $1,108 (±$207) | Lower |
| Washington Township (Preble County) | 6.7 mi | $1,567 (±$230) | Not measurably different |
| Jackson Township (Preble County) | 7.2 mi | $1,347 (±$605) | Not measurably different |
Nearby places with a measurably lower figure: Camden, OH ($1,063), Eaton, OH ($1,106), Israel Township, OH ($1,108).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Preble County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Washington Township (Preble County) | $1,567 (±$230) |
| 2 | Gratis Township | $1,447 (±$135) |
| 3 | Lanier Township | $1,363 (±$100) |
| 4 | Somers Township | $1,356 (±$227) |
| 5 | Jackson Township (Preble County) | $1,347 (±$605) |
| 6 | Gasper Township | $1,342 (±$62) |
| 7 | Lake Lakengren | $1,338 (±$60) |
| 8 | Dixon Township | $1,329 (±$108) |
| 9 | Twin Township (Preble County) | $1,269 (±$310) |
| 10 | Monroe Township (Preble County) | $1,263 (±$105) |
| 11 | Harrison Township (Preble County) | $1,256 (±$101) |
| 12 | Eldorado | $1,255 (±$264) |
| 13 | Lewisburg | $1,197 (±$124) |
Showing 13 of 24 places in Preble County, ranked from highest to lowest.
Lake Lakengren is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
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 Lake Lakengren
What is the average mortgage payment in Lake Lakengren?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Lake Lakengren, OH is $1,338 (±$60) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Lake Lakengren?
Owners without a mortgage in Lake Lakengren pay a median of $502 (±$47) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Lake Lakengren gone up?
In Lake Lakengren, the median monthly cost with a mortgage went from $1,135 in 2015–2019 to $1,338 in 2020–2024 (+17.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Lakengren CDP, Ohio
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Lake Lakengren CDP, Ohio
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Lake Lakengren CDP, Ohio
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Lake Lakengren CDP, Ohio
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lake Lakengren CDP, Ohio
- 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 Lake Lakengren CDP, Ohio (place:41373, in state:39).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
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 Lake Lakengren at a glance
- Income and affordability in Lake Lakengren
- Home values in Lake Lakengren
- Property taxes in Lake Lakengren
- Types of homes in Lake Lakengren
- Age of homes in Lake Lakengren
- Heating fuel in Lake Lakengren
- Commute and cars in Lake Lakengren
- Population growth in Lake Lakengren
- How long people stay in Lake Lakengren
- Ohio landlord and tenant rules
- Housing across Preble County
- Housing data for every place in Ohio