Otter Lake CDP, Indiana Demographics & Population 2026

Population Overview

Otter Lake CDP is a small community located in Indiana. The total population is 297. It ranks as the 622nd most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Otter Lake CDP is 48.1 years. This is 27% higher than the state median of 38.0 years.

Economy, Income & Housing

The median household income in Otter Lake CDP is $153,162. This is 119% higher than the state median of $70,051. Compared to the national median of $78,538, household income here is 95% higher. The poverty rate stands at 2.4%. This is 81% 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 0.0%. This is 100% lower than the state rate of 4.3%. The median home value is $242,200. Housing costs are 20% higher than the state median of $201,600. With a home-value-to-income ratio of just 1.6x, Otter Lake CDP is one of the most affordable housing markets in the area. 100.0% of occupied housing units are owner-occupied. This homeownership rate is 42% higher than the state average of 70.3%.

Race & Ethnicity

Otter Lake CDP has a predominantly White (non-Hispanic) population, comprising 98.0% of all residents.

Education

19.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 33% lower 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 95.2%.

Data Sources & Methodology

All demographic data for Otter Lake CDP, 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.