What is the population of Wakarusa town?

Wakarusa town has 2,519 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #199 of 976 in Indiana.

What is the median household income in Wakarusa town?

Median household income in Wakarusa town is $76,008 a year, 3.2% below the national figure of $78,538.

How much does it cost to rent or buy in Wakarusa town?

Median gross rent is $1,214 a month and the median home value is $202,400, so rent absorbs about 19.2% of median household income.

Is Wakarusa town affordable compared with the rest of the US?

Homes cost about 2.7× the local median income here versus roughly 3.9× nationally, so Wakarusa town is more affordable to buy in than the typical US market, and rent takes 19.2% of median income against the 30% cost-burden line.

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Indiana · Census place 79478

Wakarusa, IN population, income and ZIP codes

Quick answer

The population of the city of Wakarusa, Indiana (Wakarusa, IN — Census place “Wakarusa town”) is 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. Looking for the Wakarusa Indiana ZIP code list? 1 ZIP codes serve Wakarusa, IN: 46573.

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

Wakarusa ZIP codes (Indiana)

Census ZCTAs whose delivery area overlaps Wakarusa.

The Wakarusa IN ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

46573

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

Wakarusa town, IN in context

How this area compares with national benchmarks.

Wakarusa town is a small town in Indiana, with 2,519 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #199 of 976 ranked by population — larger than 79% of them. The median age here is 37.2 years against 39.1 nationally, a slightly younger profile than the country as a whole. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Wakarusa town earn a median of $76,008 a year, 3.2% below the national figure of $78,538 and 24% above the $61,527 median for the 355 Indiana cities we cover. Household income here is measured before tax and pooled across everyone at the address, which is why it reads higher than typical individual earnings in the same area. Poverty reaches 9.5% of residents here, below the 12.4% national rate.

The typical owner-occupied home in Wakarusa town is valued at $202,400, 33.3% below the national figure and 39% above the $145,600 peer median, while median gross rent runs $1,214 a month, 13.7% below the national figure, or roughly $14,568 across a full year. A household on the local median income would put about 19.2% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 2.7×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 87.5% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.

All values below were released by the Census for this exact geography, with no gap-filling on our side. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Compare with nearby places

Places of similar size in Indiana.

More Indiana coverage.

Frequently asked questions

Common questions about this area.

What is the population of Wakarusa town?: Wakarusa town has 2,519 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #199 of 976 in Indiana.
What is the median household income in Wakarusa town?: Median household income in Wakarusa town is $76,008 a year, 3.2% below the national figure of $78,538.
How much does it cost to rent or buy in Wakarusa town?: Median gross rent is $1,214 a month and the median home value is $202,400, so rent absorbs about 19.2% of median household income.
Is Wakarusa town affordable compared with the rest of the US?: Homes cost about 2.7× the local median income here versus roughly 3.9× nationally, so Wakarusa town is more affordable to buy in than the typical US market, and rent takes 19.2% of median income against the 30% cost-burden line.
How current is this Wakarusa town data?: All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.