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Otter Lake, Indiana

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
216
Population
$158,603
Median Income
$232,000
Home Value
48.4
Median Age

Demographics

Otter Lake has a population of 216 with a median age of 48.4. Here is the racial and ethnic breakdown of the population:

White
97.7%
Other
2.3%
Demographic Value
Total Population216
Median Age48.4
White97.7%
Other / Two or More Races2.3%
Otter Lake, Indiana — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 97.7%Other: 2.3%216PopulationWhiteWhite97.7%OtherOther2.3%

Income & Economy

The median household income in Otter Lake is $158,603, which is 96.8% above the national median of $80,610. The per capita income is $40,815. The poverty rate is 3.2%.

$158,603
Median Household Income
$40,815
Per Capita Income
3.2%
Poverty Rate

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Education

In Otter Lake, 100.0% of residents age 25+ have a high school diploma or higher, and 21.2% hold a bachelor's degree or higher (2.9% with a graduate or professional degree).

HS Diploma+
100.0%
Bachelor's+
21.2%
Graduate+
2.9%
Education Level % of Adults (25+)
High School Diploma or Higher100.0%
Bachelor's Degree or Higher21.2%
Graduate or Professional Degree2.9%

Housing

The median home value in Otter Lake is $232,000, below the national median of $303,400. The homeownership rate is 100.0%.

$232,000
Median Home Value
100.0%
Homeownership Rate
Housing Metric Value
Median Home Value$232,000
Homeownership Rate100.0%
Vacancy Rate56.1%

Salaries in Indiana

Explore salary data for popular occupations in Indiana:

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Other Cities in Indiana

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Frequently Asked Questions

What is the population of Otter Lake, Indiana?
The population of Otter Lake, Indiana is 216 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Otter Lake, Indiana?
The median household income in Otter Lake, Indiana is $158,603. This is 96.8% above the national median of $80,610.
What is the median home value in Otter Lake, Indiana?
The median home value in Otter Lake, Indiana is $232,000.
What percentage of people in Otter Lake have a college degree?
In Otter Lake, Indiana, 21.2% of adults age 25 and older hold a bachelor's degree or higher, and 100.0% have a high school diploma or higher.
Is Otter Lake, Indiana an affordable place to live?
The home price-to-income ratio in Otter Lake, Indiana is 1.5x (median home value $232,000 vs. median income $158,603), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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