All Countries
Otter Lake, IN
Full City Profile · Indiana · Steuben County County
3.4
/5.0
B
Good
297
Population
594/sq mi density
$153,162
Median Income
$36,957 per capita
$242,200
Home Value
$214,157 Zillow
48°F
Avg Temperature
275 sunny days/yr
46
Violent Crime/100K
4,237 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$153,162 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$242,200 home value, /mo rent
F
Safety
1.0 / 5.0
46 violent crimes/100K
C+
Education
2.5 / 5.0
19.3% bachelor's degree or higher
Housing Overview
Median Home Value
$242,200
14% below
US avg: $281,900
Homeownership Rate
100.0%
53% above US avg (65.4%)
Total Housing Units
296
Median year built: 1980
Home Value by Source
Census Median
$242,200
Zillow (ZHVI)
$214,157
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
100.0%
Owner-Occupied
0.0%
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
24.8%
of renters spending 30%+ of income on housing
20% below US avg (31.0%)
Median Year Built
1980
Average age of housing stock: 46 years
Homeownership Rate
100.0%
Complete Housing Data
Home Values
| Census Median Value | $242,200 |
| Zillow Home Value (ZHVI) | $214,157 |
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 | 100.0% |
| Renter-Occupied | 0.0% |
| Homeownership Rate | 100.0% |
| Total Housing Units | 296 |
| Median Year Built | 1980 |
| Rent Burden | 24.8% |