At a Glance
Median Income
$153,162
$36,957 per capita
Home Value
$242,200
Zillow: $214,157
Bachelor's Degree+
19.3%
95.2% high school+
Unemployment
0.0%
0.0% poverty rate
Obesity Rate
36.1%
17.0% smoking rate
How Otter Lake Compares to the U.S. Average
Each bar shows Otter Lake's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Otter Lake a Good Place to Live?
A
4.2 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Otter Lake residents earn a median household income of $153,162 , which is 104% above the national average of $75,149.
Per capita income is $36,957. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 1,020 business establishments, including 93 restaurants.
Housing & Cost of Living
The median home value in Otter Lake is $242,200 , 14% below the national median of $281,900.
Zillow estimates the typical home at $214,157. The cost of living index is 93.3 (100 = national average). The median home was built in 1980.
Education
19.3% of adults in Otter Lake hold a bachelor's degree or higher
(43% below the national average).
95.2% have completed high school. Local schools score 6.0/10 in standardized testing.
Climate & Weather
Otter Lake has an average annual temperature of 48°F (9°C).
Winters average 23°F in January while summers reach 72°F in July. Annual precipitation totals 38.8 inches.
Data Overview
People
Population297
Median Age48.1 yrs
Density594/mi²
Male / Female45% / 55%
Foreign Born0.0%
Veterans35.6%
Economy
A+
Median Income$153,162
Per Capita$36,957
Unemployment0.0%
Poverty0.0%
County GDP$1,959M
Avg Weekly Wage$942
Housing
A+
Home Value$242,200
Rent
Ownership100.0%
Zillow$214,157
Housing Units296
Rent Burden24.8%
Health
Obesity36.1%
Diabetes11.2%
Smoking17.0%
Heart Disease6.1%
Premature Death8,642/100K
Climate
Avg Temp48°F
Rain38.8 in/yr
Elevation997 ft
Education
C+
Bachelor's+19.3%
High School+95.2%
Graduate+15.2%
School Score6.0/10
Community
2024 VoteR 70% / D 28%
Commute28 min
Broadband91.8%
Internet Speed62 Mbps
EV Stations4
Libraries3
Did You Know?
The median home in Otter Lake was built in 1980.
The nearest airport is Fort Wayne International (46 miles).
The Gini coefficient (income inequality) is 0.427 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
24.6% of the population has a disability.
The county recorded 4 fatal vehicle crashes.