Indiana · Census place 79478
Wakarusa town, IN
Quick answer
Wakarusa town has 2,519 residents, ranking #199 of 976 places in Indiana. Median household income is $76,008, the median home is worth $202,400 and median gross rent runs $1,214 a month.
- Population
- 2,519Wakarusa town residents
- Median household income
- $76,008Past 12 months, inflation adjusted
- Median home value
- $202,400Owner-occupied units
- Median gross rent
- $1,214Rent plus utilities, monthly
- Median age
- 37.2 yrsAll residents
- Homeownership rate
- 87.5%Owner-occupied households
What the numbers mean in Wakarusa town
Housing cost measured against local earnings.
A household earning the Wakarusa town median would spend about 19.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9.5% of residents and 87.5% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Indiana.
- Rising Sun city 2,570
- Lapel town 2,568
- Rockville town 2,551
- Ingalls town 2,453
- Winamac town 2,445
- Bloomfield town 2,440
- Brooklyn town 2,410
Keep going
More Indiana coverage.