Living in Waldron, Indiana
Cost of living, income, home prices, rent and demographics of Waldron · Census data 2020–2024
Waldron has 606 residents with a median age of 46.2. The median household income is $80,441 (12% higher than the Indiana median), the median home value is $165,900.
Waldron is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Waldron at a glance
- Population
- 606
- Median age
- 46.2State: 38.1
- Median household income
- $80,441State: $71,957
- Median home value
- $165,900State: $218,200
- Homeowners
- 100%
- Bachelor's degree or higher
- 26.9%
- Average commute
- 31 min
Is Waldron a good place to live?
Pros: Median household income 12% higher than the Indiana median; home values 24% lower than the state median; a poverty rate of 7.2%.
Cons: An average commute of 31 minutes; unemployment of 4.5%.
The weather is best in May–June and August–September.
Cost of living in Waldron
Housing is the biggest part of the cost of living. In Waldron the median home value is $165,900, 50% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,533 a month in housing costs.
Waldron median household income
The median household income in Waldron is $80,441 and the income per person is $30,052. 7.2% of residents live below the poverty line (Indiana: 12.3%).
Housing in Waldron: homes for sale and rent
- Housing units
- 198
- Owner-occupied
- 100%
- Renter-occupied
- 0%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1960
- Average household size
- 2.72
Waldron demographics
- Population
- 606
- Median age
- 46.2
- Under 18
- 17.8%
- 65 and older
- 27.2%
- Households
- 198
- Foreign-born
- 2.1%
- Veterans
- 13.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Waldron ›
Education in Waldron
26.9% of adults 25 and older in Waldron have a bachelor's degree or higher (Indiana: 29.5%), and 10.1% have a graduate or professional degree.
Jobs and commute in Waldron
- Unemployment rate
- 4.5%State: 4.3%
- Average commute
- 31 minState: 24 min
- Work from home
- 5.1%
- Drive alone
- 89.7%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 100%
Waldron vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Waldron | 606 | $80,441 | $165,900 | — |
| St. Paul | 887 | $60,938 | $112,200 | $938 |
| Blue Ridge | 215 | $139,048 | — | — |
| Geneva | 265 | $85,188 | $175,900 | — |
| Adams | 121 | $65,652 | $81,100 | — |
| Manilla | 328 | $51,765 | $102,500 | — |
| Shelbyville | 20,296 | $55,602 | $174,700 | $995 |
| Homer | 233 | $147,679 | $85,900 | — |
| Marion | 276 | $71,563 | $275,800 | — |
More for people moving to Waldron
Waldron ZIP code ›Weather and climate ›Living in Waldron: FAQ
What is the median household income in Waldron, IN?
The median household income in Waldron is $80,441, 12% 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 Waldron?
The median home value in Waldron is $165,900, compared with $218,200 in Indiana.
Is Waldron, IN a good place to live?
Pluses: median household income 12% higher than the Indiana median; home values 24% lower than the state median; a poverty rate of 7.2%. Minuses: an average commute of 31 minutes; unemployment of 4.5%.
What is the median age in Waldron?
The median age in Waldron is 46.2 years (Indiana: 38.1).
How long is the commute in Waldron?
The average commute to work in Waldron is 31 minutes; 5.1% of workers work from home.
What is the unemployment rate in Waldron?
The unemployment rate in Waldron is 4.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Waldron?
26.9% of adults in Waldron 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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