Steuben County Area Home Supply Charts

This page looks at a variety of Steuben County Indiana housing market data taken from the most recent 2021 American Community Survey census data. Housing units are structures such as a single family home, apartment community, mobile home park, public housing, etc. where a person or family live and live separately from other residents of the building. Figure 1 shows the total number of housing units for each city. Steuben County depicts it has a Housing Units of 20,147 which is in the middle range of other counties in the local area.

Figure 2 illustrates the housing density in the Steuben County housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Steuben County depicts it has a Housing Density of 65.2 which is more than all other counties in the greater Steuben County region. Comparing housing density to the United States average of 39.2, Steuben County is 66.5% larger. Also, measured against the state of Indiana, housing density of 81.1, Steuben County is about 24.2% smaller.

In Figure 4, Steuben County area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Steuben County shows it has a Housing Unit Change of 4.0% which is the second most housing units of all the counties in the greater Steuben County region. The county with the highest change in the housing units in the area is LaGrange County which shows a housing units of 5.9% (48.0% larger). Comparing change in the housing units to the United States average of 6.5%, Steuben County is approximately three-fourths the size. Also, measured against the state of Indiana, change in the housing units of 3.9%, Steuben County is only about 2.7% larger.

Figure 5 shows the percentage of rental property based on that they are occupied by renters as a percent of the total number of households in the community (including homes, apartments, etc.) Steuben County depicts it has a Renter Percent of 21.3% which is less than most other counties in the metro area. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 78.7% which is the third most owner percent of all other counties in the greater Steuben County region.

Steuben County Home Cost Charts

Looking at the housing data provided in Figure 7, the average Steuben County home price is illustrated for this community and a useful analysis of affordable housing. Steuben County depicts it has a Median Home Value of $154,300 which is the second most median home prices of all the counties in the greater Steuben County region. The county with the highest median home price in the area is LaGrange County which depicts a home price of $194,600 (26.1% larger). Figure 8 provides aggregate comparative data for the Steuben County Indiana metro area in terms of the median housing rental rate, apartment rent, etc. Steuben County depicts it has a Median Gross Rent of $793 which is the largest of all counties in the greater Steuben County region. Comparing rental rates to the United States average of $1,096, Steuben County is approximately three-fourths the size. Also, measured against the state of Indiana, rental rates of $844, Steuben County is about 6.4% smaller.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Steuben County has the percentage of home price worth less than $50,000 the second smallest in terms of home price worth less than $50,000 of all the other counties in the metro area at 18% of the total.

Median owner costs for the real estate market are shown in Figure 10 and include the costs associated with any mortgage, utility expenses, insurance, and other miscellaneous costs. Steuben County shows it has a Median Owner Cost of $813 which is the second most of all the counties in the metro area. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Steuben County metro area. it has a Owner Cost as % of HH Income of 16% which is the third most cost as a percent of household income of all other counties in the greater Steuben County region.

The next chart, Figure 12, provides a comparison chart of the median home cost as a percent of a median worker take home earnings and is thus a valuable measure of affordable housing. Steuben County depicts it has a Median Home Value as Percent of Median Earnings of 338% which is the second most median home value as a percent of median worker earnings of all the counties in the greater Steuben County region.

Figure 14 depicts the median cost of housing for owners with also have a mortgages (versus those who do not have a mortgage because mortgage cost is included.) Steuben County depicts it has a Median Owner Costs-With Mortgage of $1,136 which is the largest of all counties in the greater Steuben County region. Figure 15 is a chart that shows the median housing costs for owners who do not have mortgages (and therefore the cost of home ownership does not include mortgage cost.) it has a Median Owner Costs-Without Mortgage of $394 which is the third most median housing cost of all other counties in the greater Steuben County region.

Figure 16 shows the distribution in total housing cost for owners of property (so not renters.) This cost includes mortgages, lines of credit interest, utilities, taxes, insurance, etc. Steuben County has the percentage of owner cost less than $300 the second smallest as measured by owner cost less than $300 of all the other counties in the greater region at 18% of the total. Second, it has the smallest proportion of owner cost between $500 and $700 at 19% of the total. Third, it has the largest proportion of owner cost between $700 and $1,000 at 22% of the total and is ranked #1. Also, it has the largest proportion of owner cost between $1,000 and $1,500 at 10% of the total and is ranked #1. In addition, it has the largest proportion of owner cost between $2,500 and $3,000 at 1% of the total and is ranked #1.

Next shown in Figure 17 is the housing cost as a percent of household income for people who own their homes and have a mortgages (thus the cost of financing the home is included.) Steuben County shows it has a % of Income Owner Costs-With Mortgage of 19% which is the second most of all the counties in the local area. The county with the highest cost as a percent of household income in the area is Branch County which shows a cost as a percent of household income of 20% (only about 2.6% larger). Housing cost as a percent of household income for owners who do not have a mortgage is shown in Figure 18. This analysis can be useful for understanding the affordable housing for home ownership excluding any financing cost in the area shown. Steuben County shows it has a % of Income Owner Costs-No Mortgage of 9% which is in the center range of other counties in the area. The county with the highest cost as a percent of household income in the area is Branch County which depicts a cost as a percent of household income of 12% (35.6% larger).

Figure 19 looks at the cost of rent for rental property using the percent of total household income which is a valuable measure of financial health for the area. (The higher the proportion of rent payments to total household income is a sign of greater financial stress. Also, rent can be covered by rent assistance and rent assistance programs in the form of rent assistance.) Steuben County has the smallest proportion of rent as a percent of income is between 30pct to 40pct at 5% of the total. Second, it has the second smallest in order of rent as a percent of income is less than 10 pct of all the other counties in the metro area as measured by rent as a percent of income is between 40pct to 50pct at 10% of the total.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Steuben County has the smallest proportion of housing cost between $300 and $500 at 14% of the total. Second, it has the largest proportion of housing cost between $700 and $1,000 at 20% of the total and is ranked #1. Third, it has the largest proportion of housing cost between $2,500 and $3,000 at 1% of the total and is ranked #1.

Figure 21 shows median amount of real estate taxes paid for home owners in the region. it has a Median Real Estate Taxes Paid of $986 which is less than most other counties in the metro area. The county with the highest median real estate taxes paid in the area is Branch County which shows a taxes paid of $1,563 (58.5% larger). Comparing median real estate taxes paid to the United States average of $2,551, Steuben County is approximately a third the size. Also, in contrast to the state of Indiana, median real estate taxes paid of $1,240, Steuben County is approximately three-fourths the size.

Figure 23 shows the rental rate distribution for this area. Steuben County Indiana has the smallest proportion of rent between 300 and 500 dollars at 22% of the total. Second, it has the largest proportion of rent between 500 and 750 dollars at 34% of the total and is ranked #1. Third, it has the largest proportion of rent between 1000 and 1500 dollars at 4% of the total and is ranked #1.

Steuben County Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Steuben County has the smallest proportion of No 2nd Mortgage or HELOC at 5% of the total. Second, it has the smallest proportion of Primary Mortgage with 2nd Mortgage and HELOC at 4% of the total. Third, it has the largest proportion of Primary Mortgage and HELOC at 1% of the total and is ranked #1.

Steuben County Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 2.9 which is the smallest in terms of family members per housing unit of all the other counties in the local area. The county with the highest family members per housing unit in the area is LaGrange County which indicates a family members per housing unit of 3.6 (27.6% larger). Comparing family members per housing unit to the United States average of 3.3, Steuben County is about 15.8% smaller. Also, benchmarked against the state of Indiana, family members per housing unit of 3.2, Steuben County is about 11.6% smaller.

Figure 29 show the median number of rooms in a typical home for each location in this area. it has a Median Number of Rooms of 6.0 which is less than most other counties in the metro area. The county with the highest average number of rooms in a house in the area is LaGrange County which shows an average number of rooms in a house of 6.4 (6.7% larger). Figure 30 shows, for the average house in each location, the median year that a house was built. This can be useful for understanding the relative age of one neighborhood versus another for a real estate investor. it has a Median Year Built of 1979 which is the second most year built of all the counties in the greater Steuben County region. The county with the highest year built in the area is LaGrange County which depicts a year built of 1980 ( about the same size).

Figure 31 looks at the distribution of housing units by the median age that the homes were built. it has the largest proportion of homes built between 2010 to 2013 at 15% of the total and is ranked #1. Second, it has the smallest proportion of homes built between 1960 to 1969 at 7% of the total. Third, it has the smallest proportion of homes built between 1940 to 1949 at 20% of the total.

Figure 32 shows the difference in the number of housing units based on whether they are occupied by owners versus occupied by renters. has the percentage of owner housing units the second smallest when sorted by owner-occupied housing units of all the other counties in the metro area at 3,072 of the total.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. it has the largest proportion of one unit attached at 3% of the total and is ranked #1. Second, it has the smallest proportion of 3 or 4 units at 1% of the total.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. it has one of the largest proportions of value of homes built 2014 or later at $285,700 of the total and is ranked #2. The only larger county being DeKalb County with $306,500. Second, it has in the mid range of other counties in the local area as measured by value of homes built 2010 to 2013 at $204,500 of the total. Third, it has one of the largest proportions of value of homes built 2000 to 2009 at $179,300 of the total and is ranked #2. The only larger county being LaGrange County with $207,500. Also, it has the largest proportion of value of homes built 1990 to 1999 at $158,000 of the total and is ranked #1. In addition, it has in the mid point range of other counties in the greater region when ranked by value of homes built 1980 to 1989 at $127,500 of the total. Furthermore, it has one of the largest proportions of value of homes built 1970 to 1979 at $138,100 of the total and is ranked #3. Only #2 Hillsdale County ($148,900), and #1 LaGrange County ($198,400) are larger. Next it has one of the largest proportions of value of homes built 1960 to 1969 at $149,800 of the total and is ranked #2. The only larger county being LaGrange County with $167,300. Additionally, it has the largest proportion of value of homes built 1950 to 1959 at $149,800 of the total and is ranked #1. And then, it has one of the largest proportions of value of homes built 1940 to 1949 at $114,900 of the total and is ranked #2. The only larger county being LaGrange County with $141,800.

Figure 35 compares the total number of occupied housing units to vacant housing units. This analysis can be used to understand any housing shortage in the community. it has the largest proportion of occupied housing units at 28% of the total and is ranked #1.

The next two charts show both the average household size of homeowners versus the average household size of renters. Starting with Figure 36 we see the household size of homeowners for Steuben County residents. it has a Owner-Household Size of 2.3 which is the smallest when sorted by homeowner household size of all the other counties in the metro area. The county with the highest homeowner household size in the area is LaGrange County which depicts a homeowner household size of 3.3 (43.6% larger).

Figure 37 shows the household size for renters. Steuben County shows it has a Renter-Household Size of 2.4 which is the second most renter household sizes of all the counties in the greater Steuben County region. The county with the highest renter household size in the area is LaGrange County which shows a renter household sizes of 2.4 ( about the same size). Figure 38 shows the year that people who own homes moved into this region. it has the largest proportion of owners moved in 2010 to 2014 at 31% of the total and is ranked #1. Second, it has the smallest proportion of owners moved in 2000 to 2009 at 14% of the total. Figure 39 shows the year that people who rent moved into the area. Steuben County has the largest proportion of renters moved in 2019 or later at 54% of the total and is ranked #1. Second, it has the smallest proportion of renters moved in 2010 to 2014 at 6% of the total. Third, it has the largest proportion of renters moved in 2000 to 2009 at 4% of the total and is ranked #1. Also, it has the largest proportion of renters moved in 1990 to 1999 at 3% of the total and is ranked #1.

Figure 40 compares the median year that home owners moved into their home. it has a Owner Median Year Moved In of 2006 which is the second most of all the counties in the local area. Figure 41 compares the median year that renters moved into their home. Steuben County indicates it has a Renter Median Year Moved In of 2016 which is the largest of all counties in the greater Steuben County region.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. has the percentage of homes using coal or coke in the center range of other counties in the local area at 5% of the total. Second, it has less than most other counties in the surrounding region in terms of homes using solar energy at 1% of the total.

The next two charts show the number of people living in group quarters and includes temporary as well permanent housing which may be run by the Steuben County housing department, Indiana department, or other housing authority or public housing agency. beginning with Figure 43 which shows the total number of people. Steuben County shows it has a Total In Group Quarters of 1,366 which is the third most number of people in group quarters of all other counties in the greater Steuben County region.