Fish Lake, IN
Population 954 · Indiana
About Fish Lake, IN
Fish Lake is a small community located in Indiana with a population of 954 residents according to the latest US Census Bureau American Community Survey data. The median household income is $69,417 per year, which is 8% below the national median of $75,149. The median age of 42.6 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Fish Lake features a median home value of $181,300, which is 26% below the national median of $244,900. This positions Fish Lake in a moderately priced market relative to the rest of the country. Median monthly rent is $892, 23% below the national average of $1,163/month. Of the 600 total housing units, 68% are owner-occupied (241 units) and 32% are renter-occupied (116 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Fish Lake shows an unemployment rate of 9.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 6.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Fish Lake have an average one-way commute time of 32.3 minutes.
Education & Demographics
12.5% of Fish Lake residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 32.5% White, 1.9% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 7.5% of the population being foreign-born.
Cost of Living in Fish Lake, IN
Compared to national averages, Fish Lake has a median household income of $69,417 (8% below the national median of $75,149). Home values average $181,300, which is 26% below the national median. Monthly rent at $892 is 23% below the US average of $1,163. Within Indiana, Fish Lake's income is 0% above the state average of $69,330, and home values are 11% above the state median of $163,409.
Why Live in Fish Lake, IN?
Fish Lake offers affordable housing with a median home value of $181,300, below the US average of $244,900, and rent that’s lower than the national average at $892/month, and a low poverty rate of 6.9%, better than the national average.
Potential considerations include median household income ($69,417) that falls below the national average. However, Fish Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Fish Lake has a population of 954 with a median age of 42.6 years. Compare Fish Lake with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Fish Lake
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bunker Hill | 956 | $46,389 | $85,400 | Compare |
| Elberfeld | 958 | $101,964 | $161,900 | Compare |
| Silver Lake | 961 | $53,542 | $107,300 | Compare |
| Dublin | 962 | $58,520 | $102,400 | Compare |
| Francesville | 966 | $65,469 | $113,600 | Compare |
| Taylorsville | 978 | $48,640 | $179,400 | Compare |
| Brook | 979 | $57,422 | $101,200 | Compare |
| Gilmer Park | 929 | $61,184 | $142,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Fish Lake With Other Cities
Frequently Asked Questions about Fish Lake
What is the population of Fish Lake, IN?
The population of Fish Lake, IN is 954 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Indiana.
What is the median household income in Fish Lake?
The median household income in Fish Lake, IN is $69,417 per year, which is 8% below the national median of $75,149.
What is the median home value in Fish Lake?
The median home value in Fish Lake, IN is $181,300, which is 26% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Fish Lake?
The median monthly rent in Fish Lake, IN is $892, which is 23% below the national average of $1,163/month.
What is the unemployment rate in Fish Lake?
The unemployment rate in Fish Lake, IN is 9.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Fish Lake, IN a good place to live?
Fish Lake offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 954 and a median age of 42.6, the city appeals to a broad range of residents.
How educated is Fish Lake, IN?
12.5% of residents in Fish Lake aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Fish Lake?
Key cost-of-living indicators for Fish Lake, IN: median home value is $181,300 (26% below national), median rent is $892/month, and median household income is $69,417. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Fish Lake?
The poverty rate in Fish Lake, IN is 6.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Fish Lake, IN?
Fish Lake's population is 32.5% White, 1.9% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 7.5% of residents are foreign-born.