Living in Wakarusa, Indiana
Cost of living, income, home prices, rent and demographics of Wakarusa · Census data 2020–2024
Wakarusa has 2,282 residents with a median age of 39.4. The median household income is $74,464 (3% higher than the Indiana median), the median home value is $207,200, the median rent is $955/month.
Wakarusa at a glance
- Population
- 2,282
- Median age
- 39.4State: 38.1
- Median household income
- $74,464State: $71,957
- Median home value
- $207,200State: $218,200
- Median rent
- $955/moState: $1,062
- Homeowners
- 85.2%
- Bachelor's degree or higher
- 30.2%
- Average commute
- 30 min
Is Wakarusa a good place to live?
Pros: Median household income 3% higher than the Indiana median; home values 5% lower than the state median; a poverty rate of 8.5%.
Cons: An average commute of 30 minutes; unemployment of 10.1%.
The weather is best in June to September.
Cost of living in Wakarusa
Housing is the biggest part of the cost of living. In Wakarusa the median home value is $207,200, 38% lower than the U.S. median. Renters pay a median of $955 per month, which is 22% of household income. Homeowners with a mortgage pay $1,347 a month in housing costs.
Wakarusa median household income
The median household income in Wakarusa is $74,464 and the income per person is $35,491. 8.5% of residents live below the poverty line (Indiana: 12.3%).
Housing in Wakarusa: homes for sale and rent
- Housing units
- 833
- Owner-occupied
- 85.2%
- Renter-occupied
- 14.8%
- Vacant
- 10%Includes seasonal homes
- Median year built
- 1962
- Average household size
- 2.88
Wakarusa demographics
- Population
- 2,282
- Median age
- 39.4
- Under 18
- 25.5%
- 65 and older
- 16.9%
- Households
- 750
- Foreign-born
- 4.1%
- Veterans
- 3.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Wakarusa ›
Education in Wakarusa
30.2% of adults 25 and older in Wakarusa have a bachelor's degree or higher (Indiana: 29.5%), and 6.7% have a graduate or professional degree.
Jobs and commute in Wakarusa
- Unemployment rate
- 10.1%State: 4.3%
- Average commute
- 30 minState: 24 min
- Work from home
- 7.2%
- Drive alone
- 75%
- Public transit
- 0%
- Walk to work
- 2.3%
- Homes with broadband
- 94.8%
Wakarusa vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Wakarusa | 2,282 | $74,464 | $207,200 | $955 |
| Nappanee | 6,815 | $68,892 | $238,600 | $856 |
| Dunlap | 6,109 | $87,039 | $222,200 | $1,271 |
| Bremen | 4,642 | $68,429 | $211,700 | $933 |
| Osceola | 2,593 | $66,503 | $196,900 | $1,654 |
| Goshen | 34,420 | $59,184 | $184,900 | $1,093 |
| New Paris | 1,549 | $74,663 | $223,700 | $1,061 |
| Elkhart | 53,733 | $51,028 | $139,500 | $998 |
| Milford | 1,661 | $51,667 | $159,700 | $1,029 |
More for people moving to Wakarusa
Wakarusa ZIP code ›Weather and climate ›Living in Wakarusa: FAQ
What is the median household income in Wakarusa, IN?
The median household income in Wakarusa is $74,464, 3% higher 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 Wakarusa?
The median home value in Wakarusa is $207,200, compared with $218,200 in Indiana.
How much is rent in Wakarusa?
The median gross rent in Wakarusa is $955 per month, about 22% of household income.
Is Wakarusa, IN a good place to live?
Pluses: median household income 3% higher than the Indiana median; home values 5% lower than the state median; a poverty rate of 8.5%. Minuses: an average commute of 30 minutes; unemployment of 10.1%.
What is the median age in Wakarusa?
The median age in Wakarusa is 39.4 years (Indiana: 38.1).
How long is the commute in Wakarusa?
The average commute to work in Wakarusa is 30 minutes; 7.2% of workers work from home.
What is the unemployment rate in Wakarusa?
The unemployment rate in Wakarusa is 10.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Wakarusa?
30.2% of adults in Wakarusa 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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