Koontz Lake, IN
Population 1,217 · Indiana
About Koontz Lake, IN
Koontz Lake is a small town located in Indiana with a population of 1,217 residents according to the latest US Census Bureau American Community Survey data. The median household income is $78,081 per year, which is 4% above the national median of $75,149. The median age of 58.5 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 Koontz Lake features a median home value of $124,500, which is 49% below the national median of $244,900. This makes Koontz Lake one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $687, 41% below the national average of $1,163/month. Of the 1,035 total housing units, 93% are owner-occupied (606 units) and 7% are renter-occupied (49 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Koontz Lake shows an unemployment rate of 7.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 8.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Koontz Lake have an average one-way commute time of 53.3 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
15.6% of Koontz 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 1.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.1% of the population being foreign-born.
Cost of Living in Koontz Lake, IN
Compared to national averages, Koontz Lake has a median household income of $78,081 (4% above the national median of $75,149). Home values average $124,500, which is 49% below the national median. Monthly rent at $687 is 41% below the US average of $1,163. Within Indiana, Koontz Lake's income is 13% above the state average of $69,330, and home values are 24% below the state median of $163,409.
Why Live in Koontz Lake, IN?
Koontz Lake offers a strong local economy with a median household income of $78,081, well above the national average, and affordable housing with a median home value of $124,500, below the US average of $244,900, and rent that’s lower than the national average at $687/month. Additionally, the city features a low poverty rate of 8.5%, better than the national average.
Koontz Lake has a population of 1,217 with a median age of 58.5 years. Compare Koontz Lake with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Koontz Lake
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Ogden Dunes | 1,213 | $116,042 | $455,400 | Compare |
| Jamestown | 1,225 | $70,083 | $180,400 | Compare |
| Warren | 1,205 | $64,773 | $107,100 | Compare |
| Owensville | 1,232 | $57,438 | $114,800 | Compare |
| Long Beach | 1,201 | $128,750 | $660,300 | Compare |
| Summitville | 1,233 | $57,000 | $89,000 | Compare |
| Cordry Sweetwater Lakes | 1,200 | $100,167 | $284,200 | Compare |
| Parker City | 1,236 | $56,875 | $91,700 | 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 Koontz Lake With Other Cities
Frequently Asked Questions about Koontz Lake
What is the population of Koontz Lake, IN?
The population of Koontz Lake, IN is 1,217 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Indiana.
What is the median household income in Koontz Lake?
The median household income in Koontz Lake, IN is $78,081 per year, which is 4% above the national median of $75,149.
What is the median home value in Koontz Lake?
The median home value in Koontz Lake, IN is $124,500, which is 49% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Koontz Lake?
The median monthly rent in Koontz Lake, IN is $687, which is 41% below the national average of $1,163/month.
What is the unemployment rate in Koontz Lake?
The unemployment rate in Koontz Lake, IN is 7.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Koontz Lake, IN a good place to live?
Koontz Lake offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 1,217 and a median age of 58.5, the city appeals to established professionals and retirees.
How educated is Koontz Lake, IN?
15.6% of residents in Koontz 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 Koontz Lake?
Key cost-of-living indicators for Koontz Lake, IN: median home value is $124,500 (49% below national), median rent is $687/month, and median household income is $78,081. The home-value-to-income ratio is 1.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Koontz Lake?
The poverty rate in Koontz Lake, IN is 8.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Koontz Lake, IN?
Koontz Lake's population is 1.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 1.1% of residents are foreign-born.