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CITY

Otter Lake

Indiana · 216 residents · 0.5 sq mi
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The short version

Otter Lake is significantly wealthier than the US average, with a median household income of $158,603. Population has fallen 27% since 2023, a loss of 81 residents. 21% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $232,000. With a median age of 48.4, the population is older than the US median of 38.9. It ranks in the top 1% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 48.4
US median: 38.9
Less educated
21% hold a bachelor's degree
US average: 36%
More affordable
home values down 7%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

216
−27%since 2023
from 297 in 2023
2022 – 2024
432 / sq mi
−27%since 2023
from 594 / sq mi in 2023
US average: 281
48.4
+1%since 2023
from 48.1 in 2023
US average: 38.9
Population, 20222024
19925130435640920222024Otter Lake
2024216
20222024
Section 02

Income & economy

$158,603
+1%inflation adjusted, since 2023
from $153,162 in 2023
US average: $82,259
2022 – 2024
$40,815
+10%since 2023
from $36,957 in 2023
US average: $44,673
Households earning $100K+
65.3%
+0.4 ptssince 2023
from 64.9% in 2023
US average: 53.3%
3.2%
+0.9 ptssince 2023
from 2.4% in 2023
US average: 12.5%
0.291
+4%since 2023
from 0.280 in 2023
US average: 0.476
Workforce by industry, 2024
Retail trade27%
US avg: 9.9%
Information27%
US avg: 10.8%
Wholesale trade7.9%
US avg: 6.9%
Finance & insurance5.6%
US avg: 5.9%
Professional, scientific, technical5.6%
US avg: 5.1%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
Other services0%
US avg: 6.7%
Public administration0%
US avg: 4.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$232,000
−7%inflation adjusted, since 2023
from $242,200 in 2023
US average: $376,019
2022 – 2024
100.0%
Unchangedsince 2023
from 100.0% in 2023
0.0% rent
56.1%
−3.4 ptssince 2023
from 59.6% in 2023
US average: 10.0%
14.7%
−6.0 ptssince 2023
from 20.6% in 2023
US average: 22.9%
1.5
−7%since 2023
from 1.6 in 2023
2022 – 2024
RELATED:See current rent listings in Otter Lake on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic98%(291)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other2%(6)
Diversity Score4.9%(15)
2024
White, non-Hispanic97.7%(211)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other2.3%(5)
Diversity Score5.7%(12)
6
+14%since 2023
from 5 in 2023
2022 – 2024
Section 05

Education

21.2%
+1.9 ptssince 2023
from 19.3% in 2023
US average: 35.6%
High school or higher
100.0%
+4.8 ptssince 2023
from 95.2% in 2023
US average: 89.6%
2.9%
−1.0 ptssince 2023
from 3.9% in 2023
US average: 14.0%
Section 06

Commute & transportation

28.8 min
+2%since 2023
from 28.1 min in 2023
US average: 26.5
86.5%
−2.4 ptssince 2023
from 88.9% in 2023
US average: 68.9%
13.5%
+2.4 ptssince 2023
from 11.1% in 2023
US average: 8.5%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 15.0%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 2.4%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
14.7%
+5.4 ptssince 2023
from 9.3% in 2023
US average: 8.3%
Section 07

Work & employment

0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 5.2%
68.5%
+4.5 ptssince 2023
from 64.0% in 2023
US average: 63.5%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 13.1%
26.2%
−4.5 ptssince 2023
from 30.7% in 2023
US average: 42.5%
Section 08

People & community

49.1%
+4.0 ptssince 2023
from 45.1% in 2023
50.9%
−4.0 ptssince 2023
from 54.9% in 2023
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 14.1%
34.2%
−1.3 ptssince 2023
from 35.6% in 2023
US average: 6.2%
19.9%
−4.7 ptssince 2023
from 24.6% in 2023
US average: 13.3%
1.9%
−0.5 ptssince 2023
from 2.4% in 2023
US average: 8.4%
88.0%
−3.8 ptssince 2023
from 91.8% in 2023
US average: 91.0%
100.0%
Unchangedsince 2023
from 100.0% in 2023
US average: 77.7%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 13.6%
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Frequently asked

How many people live in Otter Lake, Indiana?

Otter Lake, Indiana has about 216 residents according to the 2024 American Community Survey.

What is the median household income in Otter Lake, Indiana?

The typical household in Otter Lake, Indiana earns about $158,603 a year. Half of households make more than that, and half make less.

Is Otter Lake, Indiana expensive?

In Otter Lake, Indiana, the median home is worth about $232,000.

How educated are people in Otter Lake, Indiana?

About 21.2% of adults age 25 and over in Otter Lake, Indiana hold a bachelor's degree or higher.

What is the poverty rate in Otter Lake, Indiana?

About 3.2% of people in Otter Lake, Indiana live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →