Living in Wabash, Indiana
Cost of living, income, home prices, rent and demographics of Wabash · Census data 2020–2024
Wabash has 10,358 residents with a median age of 40.3. The median household income is $53,410 (26% lower than the Indiana median), the median home value is $116,500, the median rent is $739/month.
Wabash at a glance
- Population
- 10,358
- Median age
- 40.3State: 38.1
- Median household income
- $53,410State: $71,957
- Median home value
- $116,500State: $218,200
- Median rent
- $739/moState: $1,062
- Homeowners
- 70.6%
- Bachelor's degree or higher
- 23.4%
- Average commute
- 17 min
Is Wabash a good place to live?
Pros: Home values 47% lower than the state median; an average commute of 17 minutes.
Cons: Median household income 26% lower than the Indiana median; unemployment of 4.4%; a poverty rate of 14%.
The weather is best in May–June and August–September.
Cost of living in Wabash
Housing is the biggest part of the cost of living. In Wabash the median home value is $116,500, 65% lower than the U.S. median. Renters pay a median of $739 per month, which is 26.9% of household income. Homeowners with a mortgage pay $1,038 a month in housing costs.
Wabash median household income
The median household income in Wabash is $53,410 and the income per person is $32,760. 14% of residents live below the poverty line (Indiana: 12.3%).
Housing in Wabash: homes for sale and rent
- Housing units
- 4,919
- Owner-occupied
- 70.6%
- Renter-occupied
- 29.4%
- Vacant
- 9.9%Includes seasonal homes
- Median year built
- 1954
- Average household size
- 2.25
Wabash demographics
- Population
- 10,358
- Median age
- 40.3
- Under 18
- 23.2%
- 65 and older
- 22%
- Households
- 4,433
- Foreign-born
- 1.7%
- Veterans
- 8.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Wabash ›
Education in Wabash
23.4% of adults 25 and older in Wabash have a bachelor's degree or higher (Indiana: 29.5%), and 6.8% have a graduate or professional degree.
Jobs and commute in Wabash
- Unemployment rate
- 4.4%State: 4.3%
- Average commute
- 17 minState: 24 min
- Work from home
- 3.1%
- Drive alone
- 84.1%
- Public transit
- 0.4%
- Walk to work
- 1.8%
- Homes with broadband
- 92.1%
Wabash vs nearby towns
More for people moving to Wabash
Wabash ZIP code ›Weather and climate ›Living in Wabash: FAQ
What is the median household income in Wabash, IN?
The median household income in Wabash is $53,410, 26% 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 Wabash?
The median home value in Wabash is $116,500, compared with $218,200 in Indiana.
How much is rent in Wabash?
The median gross rent in Wabash is $739 per month, about 26.9% of household income.
Is Wabash, IN a good place to live?
Pluses: home values 47% lower than the state median; an average commute of 17 minutes. Minuses: median household income 26% lower than the Indiana median; unemployment of 4.4%; a poverty rate of 14%.
What is the median age in Wabash?
The median age in Wabash is 40.3 years (Indiana: 38.1).
How long is the commute in Wabash?
The average commute to work in Wabash is 17 minutes; 3.1% of workers work from home.
What is the unemployment rate in Wabash?
The unemployment rate in Wabash is 4.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Wabash?
23.4% of adults in Wabash 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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