Lakehead Home Value Statistics
Unlike the Census—which is an exact count of people and households every ten years—ACS statistics are estimated based on a representative survey sample. The data in this story only considers owner-occupied housing units.
For locations with populations under 60,000, the ACS is only available in 5-year estimates, rather than single-year periods. The 5-year estimates provide greater geographical granularity but a less granular time period.
How do Lakehead home values compare to those of California and the United States?
How much are Lakehead homes worth in aggregate?
How many homes are affordable in Lakehead?
According to a rule of thumb, a household shouldn't spend more than 2.6 times their income on a home. This chart shows the number of owner-occupied homes in Lakehead broken down by this ratio, as well as their mortgage status.
Note: Use the time slider beneath the chart to view data from different 5-year periods.