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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
64%
36%
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-Occupied63.6%
Renter-Occupied36.4%
Homeownership Rate63.6%
Total Housing Units428
Median Year Built1978
Rent Burden20.3%