Lake of the Woods, IN
Full City Profile · Indiana · Marshall County County
2.9
/5.0
C+
Fair
658
Population
954/sq mi density
$64,375
Median Income
$37,838 per capita
$189,600
Home Value
$269,498 Zillow
$1,020
Median Rent
20.3% income on rent
50°F
Avg Temperature
275 sunny days/yr
585
Violent Crime/100K
1,407 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$64,375 median income, 7.5% unemployment
A+
Affordability
5.0 / 5.0
$189,600 home value, $1,020/mo rent
F
Safety
1.0 / 5.0
585 violent crimes/100K (54% above avg)
C
Education
2.2 / 5.0
14.8% bachelor's degree or higher
Housing Overview
Median Home Value
$189,600
33% below
US avg: $281,900
Median Rent
$1,020/mo
12% below
US avg: $1,163/mo
Homeownership Rate
63.6%
3% below US avg (65.4%)
Total Housing Units
428
Median year built: 1978
Home Value by Source
Census Median
$189,600
Zillow (ZHVI)
$269,498
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
63.6%
Owner-Occupied
36.4%
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:
$1,020/mo
Affordability & Housing Stock
Rent Burden
20.3%
of renters spending 30%+ of income on housing
35% below US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
63.6%
Complete Housing Data
Home Values
| Census Median Value | $189,600 |
| Zillow Home Value (ZHVI) | $269,498 |
Rent
| Census Median Rent | $1,020 |
| 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 | 63.6% |
| Renter-Occupied | 36.4% |
| Homeownership Rate | 63.6% |
| Total Housing Units | 428 |
| Median Year Built | 1978 |
| Rent Burden | 20.3% |
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