Clear Lake town, Indiana Demographics & Population 2026

Population Overview

Clear Lake town is a small community located in Indiana, within Steuben County. The total population is 409. It ranks as the 554th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Clear Lake town is 66.2 years. This is 74% higher than the state median of 38.0 years. Only 4.9% of residents are under 18, indicating fewer families with children. 17.4% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Clear Lake town is $101,563. This is 45% higher than the state median of $70,051. Compared to the national median of $78,538, household income here is 29% higher. The poverty rate stands at 0.7%. This is 94% lower than the state poverty rate of 12.2%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 3.1%. This is 28% lower than the state rate of 4.3%. The median home value is $741,500. Housing costs are 268% higher than the state median of $201,600. The home-value-to-income ratio of 7.3x suggests that housing affordability is a significant concern for many residents. 85.1% of occupied housing units are owner-occupied. This homeownership rate is 21% higher than the state average of 70.3%.

Race & Ethnicity

Clear Lake town has a predominantly White (non-Hispanic) population, comprising 97.6% of all residents. Asian residents account for 0.7%. The Asian population (0.7%) is well below the state average of 2.5%.

Education

46.1% of residents aged 25 and older hold a bachelor's degree or higher. This places Clear Lake town in the top 10% of all cities in the state for educational attainment. This is 60% higher than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.6%. Notably, 17.4% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Clear Lake town, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.