HomeIndianaLake CountySchererville town
Schererville town, Indiana: commercial real estate data.
Schererville town is a Census town of 29,701 people across 15.11 square miles of land, in Lake County. Median household income is $89,466, 79.9 percent of occupied homes are owned, and the SBA record carries 41 7(a) approvals to borrowers here worth $12.3 m.
77 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Schererville
What Schererville is
- Census place typetown
- Land area15.11 sq mi
- Water area0.03 sq mi
- Population per square mile of land1,966
- County holding the largest share of its areaLake County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Schererville
How many people live in Schererville
- Population29,701
- Median age44.9
- Population under 185,868
- Share under 1819.8 percent
- Population 65 and over6,515
- Share 65 and over21.9 percent
- Households12,464
- Family households8,320
- Share of households that are families66.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Schererville
Income and work in Schererville
- Median household income$89,466
- Per capita income$47,520
- Civilian labor force15,731
- Employed14,927
- Unemployed804 plus or minus 392
- Unemployment rate5.1 percent plus or minus 2.5
- Adults 25 and over21,952
- Adults 25 and over with a high school diploma or higher95.5 percent
- Adults 25 and over with a bachelor degree or higher34.4 percent
- Adults 25 and over with a graduate degree10.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Schererville
Housing in Schererville
- Housing units12,868
- Occupied units12,464
- Vacant units404 plus or minus 226
- Vacancy rate3.1 percent plus or minus 1.8
- Owner occupied9,964
- Renter occupied2,500
- Ownership rate79.9 percent
- Median owner-occupied home value$314,900
- Median gross rent, monthly$1,310
- Annual rent as a share of median income17.6 percent
- Single family units10,125
- Share single family78.7 percent
- Units in buildings of two or more2,739
- Share in buildings of two or more21.3 percent
- Mobile homes4 plus or minus 7
- Median year structure built1989
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Schererville
How Schererville gets to work
- Workers 16 and over who commute12,902
- Commuting under 15 minutes2,182 plus or minus 436
- Share commuting under 15 minutes16.9 percent
- Commuting 30 minutes or more5,804
- Share commuting 30 minutes or more45.0 percent
- Drove alone79.0 percent
- Carpooled4.8 percent plus or minus 1.4
- Public transport1.8 percent plus or minus 0.7
- Walked1.4 percent plus or minus 0.8
- Worked from home12.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Schererville
SBA loans in Schererville (7(a))
- Approvals41
- Gross approval$12,271,400
- Average approval$299,302
- Median approval$150,000
- Ninetieth percentile approval$534,000
- Largest approval$2,355,700
- Jobs supported512
- Jobs per approval12.5
- Loans with a final outcome6
- Paid in full5
- Charged off1
- Median term120 months
- Share on real estate terms of 20 years or more4.9 percent
- Share to franchises41.5 percent
- Distinct lenders17
- Distinct industries by NAICS21
A charge-off rate is not published here. only 6 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Schererville
SBA loans in Schererville (504)
- Approvals41
- Gross approval$30,308,000
- Average approval$739,220
- Median approval$412,000
- Largest approval$3,681,000
- Jobs supported414
- Loans with a final outcome14
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Lake County, not Schererville
Lake County context, not Schererville figures
These are Lake County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Schererville measurements.
- Establishments in Lake County10,566
- Employment at those establishments, Lake County171,790
- Covered employment, Lake County191,633
- Average annual pay, Lake County$61,200
- Average weekly wage, Lake County$1,177
- Housing units permitted, Lake County1,649
- Of those, single family, Lake County1,621
- County product, 2024, Lake County$31,242,109,000
- County product change over the prior year, Lake County3.3 percent
- Average income of an arriving household, Lake County$56,327
Every figure in this section is published for Lake County as a whole and is not a measurement of Schererville. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Schererville questions, answered from the record.
How many people live in Schererville, Indiana?
29,701, in 12,464 households. Schererville town covers 15.11 square miles of land, which is 1,966 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Schererville in?
Lake County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Schererville?
$89,466. The median owner-occupied home is valued at $314,900. Median gross rent is $1,310 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Schererville businesses?
41 7(a) approvals totalling $12.3 m, across 17 lenders, median approval $150,000, plus 41 504 approvals worth $30.3 m. These count approvals to borrowers whose address is in Schererville, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Schererville borrowers get paid back?
No rate is published for Schererville. only 6 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Schererville figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Lake County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Schererville.
Is zoning published for Schererville?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.