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Wall Lake, IN

Full City Profile · Indiana · Steuben County County

3.4 /5.0
B Good
256 Population 474/sq mi density
$108,182 Median Income $37,218 per capita
$305,900 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
$108,182 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$305,900 home value, /mo rent
F
Safety
1.0 / 5.0
46 violent crimes/100K
C+
Education
2.5 / 5.0
19.0% bachelor's degree or higher

Housing Overview

Median Home Value
$305,900
9% above
US avg: $281,900
Homeownership Rate
68.1%
4% above US avg (65.4%)
Total Housing Units
205
Median year built: 1954

Home Value by Source

Census Median
$305,900
Zillow (ZHVI)
$214,157
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

68.1%
Owner-Occupied
31.9%
Renter-Occupied
68%
32%
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
1954
Average age of housing stock: 72 years
Homeownership Rate
68.1%

Complete Housing Data

Home Values

Census Median Value$305,900
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-Occupied68.1%
Renter-Occupied31.9%
Homeownership Rate68.1%
Total Housing Units205
Median Year Built1954
Rent Burden24.8%