Clear Lake, Indiana Demographics & Population 2026

A note before these figures: with a population of 462, Clear Lake's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Clear Lake is a small community located in Indiana, within Steuben County. The total population is 462. It ranks as the 524th most populous out of 967 Census-designated places in Indiana.

Age Demographics

The median age in Clear Lake is 63.2 years. This is 66% higher than the state median of 38.1 years. Only 5.8% of residents are under 18, indicating fewer families with children. 14.5% 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 is $92,292. This is 28% higher than the state median of $71,957. It is also 14% higher than the national median of $80,734. The poverty rate stands at 0.4%. This is 97% lower than the state poverty rate of 12.3%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 4.5%. This is 5% higher than the state rate of 4.3%. The median home value is $757,400. Housing costs are 247% higher than the state median of $218,200. The home-value-to-income ratio of 8.2x suggests that housing affordability is a significant concern for many residents. 85.2% of occupied housing units are owner-occupied. This homeownership rate is 21% higher than the state average of 70.5%.

Race & Ethnicity

Clear Lake has a predominantly White (non-Hispanic) population, comprising 97.4% of all residents.

Education

42.8% of residents aged 25 and older hold a bachelor's degree or higher. This places Clear Lake in the top 10% of all cities in the state for educational attainment. This is 45% higher than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.3%. Notably, 15.7% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Clear Lake, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.