Skip to main content

Hoffman Lake, Indiana Demographics & Population 2026

During the 2020–2024 ACS period, Hoffman Lake, Indiana had a total population of 382, the 569th largest community in Indiana, with a median household income of $84,276, which is 17% higher than the state average. The poverty rate is 0.0%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Hoffman Lake Quick Facts

Population 382
Median Household Income $84,276
Median Home Value $201,200
Poverty Rate 0.0%
Unemployment Rate 9.9%
Median Age 50.7 years
Homeownership Rate 75.1%
Affordability Ratio 2.4x
Bachelor's Degree or Higher 21.6%
High School Graduation Rate 96.6%
Diversity Index 5/100
Population 382 569th of 967
Median Income $84,276 top 30%
Poverty Rate 0.0%
Median Home Value $201,200 top 30%

How Hoffman Lake Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population336382+13.7%
Median household income$86,731$84,276-2.8%
Median home value$200,500$201,200+0.3%

How Hoffman Lake Compares

Economy & Housing

Household Income Distribution

Under $25K 0.0%
$25K-$50K 15.9%
$50K-$100K 37.0%
$100K+ 47.1%
Detailed income brackets
Under $10K
0.0%
$10K-$15K
0.0%
$15K-$20K
0.0%
$20K-$25K
0.0%
$25K-$30K
0.0%
$30K-$35K
0.0%
$35K-$40K
0.0%
$40K-$45K
0.0%
$45K-$50K
15.9%
$50K-$60K
0.0%
$60K-$75K
18.5%
$75K-$100K
18.5%
$100K-$125K
6.3%
$125K-$150K
34.4%
$150K-$200K
0.0%
$200K+
6.3%

Employment

9.9% Unemployment Rate State: 4.3%|National: 5.2%
68.6% Labor Force Participation

Housing Overview

Owner 75.1%
Renter 24.9%
Affordability Index Very Affordable
2.4x home value to income ratio

People & Demographics

Diversity Index

5out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

Hoffman Lake Rankings in Indiana

#569 Population of 967
#168 Median Income of 796
#294 Education of 966
#229 Home Value of 818

Cities Similar to Hoffman Lake

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Johnson379N/AN/A9.4%2.4%
Otwell379N/A$134,3000.0%25.6%
Star City386N/AN/A3.6%13.2%
Helmsburg387N/A$89,7002.8%0.0%
Center Point377N/A$94,80021.5%11.7%

A note before these figures: with a population of 382, Hoffman 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

Hoffman Lake is a small community located in Indiana. The total population is 382. It ranks as the 569th most populous out of 967 Census-designated places in Indiana.

Age Demographics

The median age in Hoffman Lake is 50.7 years. This is 33% higher than the state median of 38.1 years.

Economy, Income & Housing

The median household income in Hoffman Lake is $84,276. This is 17% higher than the state median of $71,957. It is also 4% higher than the national median of $80,734. The ACS records no residents below the poverty line in Hoffman Lake. In a community this small the estimate rests on very few survey responses, so it should be read as an absence of measurement rather than a measured absence of poverty. The unemployment rate is 9.9%. This is 132% higher than the state rate of 4.3%. The median home value is $201,200. Housing costs are 8% lower than the state median of $218,200. With a home-value-to-income ratio of just 2.4x, Hoffman Lake is one of the most affordable housing markets in the area. 75.1% of occupied housing units are owner-occupied. This homeownership rate is 6% higher than the state average of 70.5%.

Race & Ethnicity

Hoffman Lake has a predominantly White (non-Hispanic) population, comprising 97.4% of all residents. Hispanic or Latino residents account for 2.6%. The Hispanic or Latino population (2.6%) is well below the state average of 8.6%.

Education

21.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 27% lower 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 96.6%.

Data Sources & Methodology

All demographic data for Hoffman 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.

Free data download: Get all Indiana city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Hoffman Lake, Indiana?

Hoffman Lake, Indiana has a population of 382 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Hoffman Lake, IN?

The median household income in Hoffman Lake is $84,276, which is 4% higher than the national median of $80,734.

What is the poverty rate in Hoffman Lake, IN?

The ACS sample for Hoffman Lake recorded no residents below the federal poverty line. Because the community is small, this indicates that the survey did not capture poverty here rather than that no poverty exists — the estimate carries a wide margin of error.

What is the racial makeup of Hoffman Lake, Indiana?

Hoffman Lake's population is 97.4% White, 0.0% Black, 2.6% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Hoffman Lake, IN?

The median home value in Hoffman Lake is $201,200. The home-value-to-income ratio is 2.4x.

How educated is Hoffman Lake, Indiana?

21.6% of adults (25+) in Hoffman Lake hold a bachelor's degree or higher, and 0.0% hold a graduate or professional degree.