Otterbein, IN Profile: Facts & Data

The primary coordinate point for Otterbein is located at latitude 40.4906 and longitude -87.0964 in Benton County. The formal boundaries for the Town of Otterbein encompass a land area of 0.61 sq. miles and a water area of 0 sq. miles. Benton County is in the Eastern time zone (GMT -5).

While the primary coordinates for Town of Otterbein are located in Benton County, it should be noted that the formal boundaries for this community also extend into and Tippecanoe County.

The Town of Otterbein has a P1 Census Class Code which indicates populated place that is also an incorporated place with the same name and the same census code. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Otterbein, IN Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	1,186 (100%)
Population in Households	1,186 (100.0%)
Population in Families	984 (83.0%)
Population in Group Quarters¹	0
Population Density	925
Diversity Index²	22


INCOME
Median Household Income	$64,316
Average Household Income	$76,842
% of Income for Mortgage⁴	24%
Per Capita Income	$30,970
Wealth Index⁵	55
Socioeconomic Status Index⁶	Moderate (53.0)

HOUSING
Total HU (Housing Units)	536 (100%)
Owner Occupied HU	366 (68.3%)
Renter Occupied HU	112 (20.9%)
Vacant Housing Units	58 (10.8%)
Median Home Value	$250,725
Average Home Value	$253,962
Housing Affordability Index³	103

HOUSEHOLDS
Total Households	478
Average Household Size	2.48
Family Households	336
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Otterbein, IN - Peer Comparisons by Rank and Percentile

The table below compares Otterbein to the other 976 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	0.85%	0.52%
Households	0.65%	0.46%
Families		0.70%
Median Household Income		2.09%
Per Capita Income		2.99%
Owner Occupied HU		0.65%

Variable Description	Rank	Percentile
Total Population	# 312	68th
Population Density	# 473	52nd
Median Household Income	# 602	38th
Housing Affordability Index	# 318	33rd
Per Capita Income	# 690	29th
Diversity Index	# 342	65th

Otterbein, IN Profile: Facts & Data

Otterbein, Indiana - Basic Facts

Otterbein, IN Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Otterbein, IN - Peer Comparisons by Rank and Percentile

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