Living in Fort Wayne, Indiana
Cost of living, income, home prices, rent and demographics of Fort Wayne · Census data 2020–2024
Fort Wayne has 268,589 residents with a median age of 35. The median household income is $61,422 (15% lower than the Indiana median), the median home value is $188,900, the median rent is $999/month.
Fort Wayne at a glance
- Population
- 268,589
- Median age
- 35State: 38.1
- Median household income
- $61,422State: $71,957
- Median home value
- $188,900State: $218,200
- Median rent
- $999/moState: $1,062
- Homeowners
- 61.9%
- Bachelor's degree or higher
- 29%
- Average commute
- 22 min
Is Fort Wayne a good place to live?
Pros: Home values 13% lower than the state median; an average commute of 22 minutes.
Cons: Median household income 15% lower than the Indiana median; unemployment of 5.6%; a poverty rate of 16%.
The weather is best in June to September.
Cost of living in Fort Wayne
Housing is the biggest part of the cost of living. In Fort Wayne the median home value is $188,900, 43% lower than the U.S. median. Renters pay a median of $999 per month, which is 28.5% of household income. Homeowners with a mortgage pay $1,240 a month in housing costs.
Fort Wayne median household income
The median household income in Fort Wayne is $61,422 and the income per person is $33,812. 16% of residents live below the poverty line (Indiana: 12.3%).
Housing in Fort Wayne: homes for sale and rent
- Housing units
- 118,657
- Owner-occupied
- 61.9%
- Renter-occupied
- 38.1%
- Vacant
- 6.5%Includes seasonal homes
- Median year built
- 1972
- Average household size
- 2.38
Fort Wayne demographics
- Population
- 268,589
- Median age
- 35
- Under 18
- 24.3%
- 65 and older
- 15.2%
- Households
- 110,929
- Foreign-born
- 9%
- Veterans
- 5.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Fort Wayne ›
Education in Fort Wayne
29% of adults 25 and older in Fort Wayne have a bachelor's degree or higher (Indiana: 29.5%), and 9.2% have a graduate or professional degree.
Jobs and commute in Fort Wayne
- Unemployment rate
- 5.6%State: 4.3%
- Average commute
- 22 minState: 24 min
- Work from home
- 9%
- Drive alone
- 76.8%
- Public transit
- 1%
- Walk to work
- 1.5%
- Homes with broadband
- 90.6%
Fort Wayne vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Fort Wayne | 268,589 | $61,422 | $188,900 | $999 |
| New Haven | 15,698 | $70,970 | $166,900 | $998 |
| Arcola | 201 | $71,528 | $115,300 | — |
| Hessen Cassel | 261 | $75,878 | $504,800 | — |
| Huntertown | 11,379 | $109,432 | $298,200 | $1,550 |
| Lake Everett | 368 | $80,903 | $254,300 | — |
| Leo-Cedarville | 3,695 | $116,375 | $370,100 | — |
| Hoagland | 845 | $61,563 | $183,600 | — |
| Grabill | 1,108 | $66,563 | $150,200 | $850 |
More for people moving to Fort Wayne
Fort Wayne ZIP code ›Weather and climate ›Living in Fort Wayne: FAQ
What is the median household income in Fort Wayne, IN?
The median household income in Fort Wayne is $61,422, 15% lower than the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Fort Wayne?
The median home value in Fort Wayne is $188,900, compared with $218,200 in Indiana.
How much is rent in Fort Wayne?
The median gross rent in Fort Wayne is $999 per month, about 28.5% of household income.
Is Fort Wayne, IN a good place to live?
Pluses: home values 13% lower than the state median; an average commute of 22 minutes. Minuses: median household income 15% lower than the Indiana median; unemployment of 5.6%; a poverty rate of 16%.
What is the median age in Fort Wayne?
The median age in Fort Wayne is 35 years (Indiana: 38.1).
How long is the commute in Fort Wayne?
The average commute to work in Fort Wayne is 22 minutes; 9% of workers work from home.
What is the unemployment rate in Fort Wayne?
The unemployment rate in Fort Wayne is 5.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Fort Wayne?
29% of adults in Fort Wayne have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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