City

Otwell, IN

1 ZIP code  ·  Pike County  ·  Indiana

👥1,500Population
💰$59,125Median HH Income▼ 23% below avg
🎂30.4Median Age
🏠$148,100Median Home Value▼ 47% below avg
🎓21.1%College Grads▼ 46% below avg
📊4.2%Unemployment▼ 14% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 53.9% Female 46.1% ♀

Race & Ethnicity

White: 100%Race
White100.0%

Age Breakdown

Under 5
15%
5–17
16%
18–24
7%
25–44
32%
45–64
16%
65+
5%

Key Indicators

Median Age30.4 yrs
Avg HH Size2.69
Below Poverty7.1% ▼ 29% below avg
College Grads21.1% ▼ 46% below avg
Unemployment4.2% ▼ 14% below avg
HS Graduate398 (53.5%)
Some College117 (15.7%)
Associates72 (9.7%)
Bachelors72 (9.7%)
Graduate Degree85 (11.4%)

Education

HS Grad: 53.5%Some College: 15.7%Associates: 9.7%Bachelors: 9.7%Graduate: 11.4%Edu
HS Grad53.5%
Some College15.7%
Associates9.7%
Bachelors9.7%
Graduate11.4%
Housing & Income

Housing Tenure

Owner: 71.1%Renter: 28.9%Tenure
Owner71.1%
Renter28.9%

Home Value Distribution

Under $50k
10%
$50k–$100k
5%
$100k–$150k
36%
$150k–$200k
19%
$200k–$300k
23%
$300k–$500k
6%

Financials

Median HH Income$59,125 ▼ 23% below avg
Median Home Value$148,100 ▼ 47% below avg
Home/Income Ratio2.5x (nat avg ~3.5x)
Median Rent$932/mo
Total Housing Units628
Vacant Units71

Income Distribution

Under $25k
16%
$25k–$50k
11%
$50k–$75k
28%
$75k–$100k
29%
$100k–$150k
7%
$150k–$200k
7%
Over $200k
2%
Employment & Commute

How People Get to Work

Drove Alone
86%
Walked
14%

Commute Time

Under 15 min
28%
15–30 min
52%
30–45 min
12%
Over 45 min
8%
Housing Stock

Year Built

Before 1940
2%
1940s–1950s
17%
1960s–1970s
14%
1980s–1990s
10%
2000+
58%
About Otwell, IN

Otwell is a city in Indiana, located in Pike County. The city spans 1 ZIP code and is home to approximately 1,500 residents. It is a relatively young city, with a median age of 30.4 years.

Economically, Otwell is a solidly middle-class community. The median household income of $59,125 is below the national average. Approximately 7.1% of residents live below the poverty line. The unemployment rate is 4.2%, near the national average.

The real estate market in Otwell is one of the more affordable housing markets in the country. Median home values stand at $148,100, which is below the national average. Renters typically pay around $932 per month. Homeownership is high at 71.1%, typical of suburban and family-oriented communities.

The population of Otwell is less-educated. 21.1% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (100%).

Otwell, IN offers residents a cost-conscious lifestyle within Indiana.

ZIP Codes in Otwell
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
47564 1,500 $59,125 $148,100 $932 4.2% 21.1% 71.1%