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Hoffman Lake, IN
Full City Profile · Indiana · Kosciusko County County
3.1
/5.0
B
Good
336
Population
480/sq mi density
$86,731
Median Income
$50,397 per capita
$200,500
Home Value
$283,352 Zillow
50°F
Avg Temperature
275 sunny days/yr
381
Violent Crime/100K
3,171 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$86,731 median income, 6.3% unemployment
A+
Affordability
5.0 / 5.0
$200,500 home value, /mo rent
F
Safety
1.0 / 5.0
381 violent crimes/100K (0% above avg)
C
Education
2.4 / 5.0
18.1% bachelor's degree or higher
Income Overview
Median Household Income
$86,731
15% above
US avg: $75,149
Per Capita Income
$50,397
29% above
US avg: $39,052
Unemployment Rate
6.3%
75% above
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%
Income Comparison: Hoffman Lake vs. U.S. Average
Each bar shows Hoffman Lake’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$86,731
115%
Per Capita
US: $39,052
$50,397
129%
IRS Avg AGI
US: $72,000
$77,961
108%
Avg Weekly Wage
US: $1,432
$1,133
79%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,133
21% below US avg ($1,432)
Mean Commute Time
24 min
15% below US avg (28 min)
Work From Home
13.2%
13% below US avg (15.2%)
Drive Alone
65.6%
10% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$7,836M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
65.6%
Public Transit
0%
Work From Home
13.2%
Other
21.2%
Average commute time
24 minutes
US avg: 28 min
Business Landscape
Total Establishments
2,157
Restaurants
180
Healthcare
173
Retail
284
Manufacturing
181
Tax & Financial
IRS Avg Adjusted Gross Income
$77,961
8% above US avg ($72,000)
Avg Property Tax
$4,375
25% above US avg ($3,500)
Cost of Living Index
93.3
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $86,731 |
| Per Capita Income | $50,397 |
| IRS Avg Adjusted Gross Income | $77,961 |
| Avg Weekly Wage | $1,133 |
| County GDP | $7,836M |
Hardship Indicators
| Unemployment Rate | 6.3% |
| Poverty Rate | 0.0% |
| Gini Coefficient | 0.413 |
| Cost of Living Index | 93.3 |
Commute
| Mean Commute | 24 minutes |
| Drive Alone | 65.6% |
| Public Transit | 0.0% |
| Work From Home | 13.2% |
Businesses
| Total Establishments | 2,157 |
| Restaurants | 180 |
| Healthcare | 173 |
| Retail | 284 |
| Manufacturing | 181 |
Tax
| IRS Avg AGI | $77,961 |
| Avg Property Tax | $4,375 |