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ZipNumbers

Indiana · Census place 81458

Waveland town, IN

Quick answer

Waveland town has 431 residents, ranking #543 of 976 places in Indiana. Median household income is $60,956, the median home is worth $96,800 and median gross rent runs $920 a month.

Population
431Waveland town residents
Median household income
$60,956Past 12 months, inflation adjusted
Median home value
$96,800Owner-occupied units
Median gross rent
$920Rent plus utilities, monthly
Median age
27.2 yrsAll residents
Homeownership rate
84.6%Owner-occupied households

What the numbers mean in Waveland town

Housing cost measured against local earnings.

A household earning the Waveland town median would spend about 18.1% 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 1.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 15.8% of residents and 84.6% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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