Clear Lake, IN
Full City Profile · Indiana · Hillsdale County County
4.0
/5.0
A
Great
409
Population
368/sq mi density
$101,563
Median Income
$107,866 per capita
$741,500
Home Value
$788,560 Zillow
$1,188
Median Rent
35.5% income on rent
48°F
Avg Temperature
A
Overall
4.0 / 5.0
Strong
A+
Economy
4.8 / 5.0
$101,563 median income, 3.1% unemployment
C+
Affordability
2.5 / 5.0
$741,500 home value, $1,188/mo rent
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)
$788,560
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
85.1%
Owner-Occupied
14.9%
Renter-Occupied
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) | $788,560 |
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-Occupied | 85.1% |
| Renter-Occupied | 14.9% |
| Homeownership Rate | 85.1% |
| Total Housing Units | 618 |
| Median Year Built | 1972 |
| Rent Burden | 35.5% |