Quick facts: La porte, IN

Quick Facts

95.3
Cost of Living
below US average
22,198
Population
18.79
Crime Rate per 1000
below US average
$55,031
Median Income
below US average
$249,500
Median House Price
above US average
$1560.53
Average Rent
above US average
12%
Poverty Rate
above US average
4.2%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $55,031.

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Income Needed to Buy

βœ— Stretch
$78k/year
Based on $249,500 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $78k vs median $55,031
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Income Needed to Rent

⚠ Stretch
$67k/year
Based on $1560.53/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $67k vs median $55,031
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for La porte, IN

La Porte, Indiana, is a charming city located in La Porte County, situated in the northwestern part of the state. With a population of around 20,000, La Porte combines a small-town feel with a rich historical background. The city is known for its picturesque parks, including the scenic Pine Lake and the expansive La Porte County Historical Society Museum, which showcases local history and artifacts. La Porte is conveniently located near major highways, providing easy access to larger urban centers like Chicago, just about an hour away. This accessibility makes it an attractive option for those who enjoy a quieter lifestyle while still having the amenities of the big city nearby. The downtown area features a variety of shops, restaurants, and seasonal events that foster community spirit. The city also boasts outdoor recreational opportunities, with parks and trails perfect for hiking, biking, and exploring nature. Overall, La Porte offers a blend of natural beauty, history, and community, making it a desirable place to live or visit in Indiana.

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