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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
Housing Overview
Median Home Value
$200,500
29% below
US avg: $281,900
Homeownership Rate
73.5%
12% above US avg (65.4%)
Total Housing Units
176
Median year built: 1967
Home Value by Source
Census Median
$200,500
Zillow (ZHVI)
$283,352
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
73.5%
Owner-Occupied
26.5%
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
Affordability & Housing Stock
Rent Burden
26.1%
of renters spending 30%+ of income on housing
16% below US avg (31.0%)
Median Year Built
1967
Average age of housing stock: 59 years
Homeownership Rate
73.5%
Complete Housing Data
Home Values
| Census Median Value | $200,500 |
| Zillow Home Value (ZHVI) | $283,352 |
Rent
| 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 | 73.5% |
| Renter-Occupied | 26.5% |
| Homeownership Rate | 73.5% |
| Total Housing Units | 176 |
| Median Year Built | 1967 |
| Rent Burden | 26.1% |