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Clear Lake, IN

Full City Profile · Indiana · Hillsdale County County

3.3 /5.0
B Good
409 Population 368/sq mi density
$101,563 Median Income $107,866 per capita
$741,500 Home Value $740,182 Zillow
$1,188 Median Rent 35.5% income on rent
49°F Avg Temperature 275 sunny days/yr
46 Violent Crime/100K 4,237 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$101,563 median income, 1.5% unemployment
C+
Affordability
2.5 / 5.0
$741,500 home value, $1,188/mo rent
F
Safety
1.0 / 5.0
46 violent crimes/100K
A+
Education
4.7 / 5.0
46.1% bachelor's degree or higher

Housing Overview

Median Home Value
$741,500
163% above
US avg: $281,900
Median Rent
$1,188/mo
2% above
US avg: $1,163/mo
Homeownership Rate
85.1%
30% above US avg (65.4%)
Total Housing Units
618
Median year built: 1972

Home Value by Source

Census Median
$741,500
Zillow (ZHVI)
$740,182
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

85.1%
Owner-Occupied
14.9%
Renter-Occupied
85%
15%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent: $1,188/mo

Affordability & Housing Stock

Rent Burden
35.5%
of renters spending 30%+ of income on housing
15% above US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
85.1%

Complete Housing Data

Home Values

Census Median Value$741,500
Zillow Home Value (ZHVI)$740,182

Rent

Census Median Rent$1,188
FMR Studio$816
FMR 1-Bedroom$882
FMR 2-Bedroom$1,096
FMR 3-Bedroom$1,391
FMR 4-Bedroom$1,590

Market

Ownership & Stock

Owner-Occupied85.1%
Renter-Occupied14.9%
Homeownership Rate85.1%
Total Housing Units618
Median Year Built1972
Rent Burden35.5%