Living in Warsaw, Indiana
Cost of living, income, home prices, rent and demographics of Warsaw · Census data 2020–2024
Warsaw has 16,768 residents with a median age of 33.8. The median household income is $61,035 (15% lower than the Indiana median), the median home value is $181,200, the median rent is $1,066/month.
Warsaw at a glance
- Population
- 16,768
- Median age
- 33.8State: 38.1
- Median household income
- $61,035State: $71,957
- Median home value
- $181,200State: $218,200
- Median rent
- $1,066/moState: $1,062
- Homeowners
- 49.3%
- Bachelor's degree or higher
- 33.7%
- Average commute
- 16 min
Is Warsaw a good place to live?
Pros: Home values 17% lower than the state median; an average commute of 16 minutes; unemployment of 2.3%.
Cons: Median household income 15% lower than the Indiana median; a poverty rate of 17.6%.
The weather is best in June to September.
Cost of living in Warsaw
Housing is the biggest part of the cost of living. In Warsaw the median home value is $181,200, 46% lower than the U.S. median. Renters pay a median of $1,066 per month, which is 32.2% of household income. Homeowners with a mortgage pay $1,302 a month in housing costs.
Warsaw median household income
The median household income in Warsaw is $61,035 and the income per person is $31,006. 17.6% of residents live below the poverty line (Indiana: 12.3%).
Housing in Warsaw: homes for sale and rent
- Housing units
- 7,633
- Owner-occupied
- 49.3%
- Renter-occupied
- 50.7%
- Vacant
- 7.1%Includes seasonal homes
- Median year built
- 1979
- Average household size
- 2.30
Warsaw demographics
- Population
- 16,768
- Median age
- 33.8
- Under 18
- 24.1%
- 65 and older
- 15.1%
- Households
- 7,089
- Foreign-born
- 8.4%
- Veterans
- 4.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Warsaw ›
Education in Warsaw
33.7% of adults 25 and older in Warsaw have a bachelor's degree or higher (Indiana: 29.5%), and 13.9% have a graduate or professional degree.
Jobs and commute in Warsaw
- Unemployment rate
- 2.3%State: 4.3%
- Average commute
- 16 minState: 24 min
- Work from home
- 9.7%
- Drive alone
- 74.7%
- Public transit
- 0.4%
- Walk to work
- 2.8%
- Homes with broadband
- 88%
Warsaw vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Warsaw | 16,768 | $61,035 | $181,200 | $1,066 |
| Winona Lake | 5,080 | $82,188 | $274,500 | $1,132 |
| Leesburg | 652 | $101,563 | $172,300 | $1,071 |
| Oswego | 283 | $58,190 | $238,100 | — |
| Palestine | 1,085 | $91,653 | $158,200 | $1,083 |
| Barbee | 1,464 | $95,375 | $244,500 | $1,326 |
| Hoffman Lake | 382 | $84,276 | $201,200 | — |
| Claypool | 318 | $60,417 | $110,800 | $1,098 |
| Pierceton | 1,451 | $80,625 | $117,600 | $912 |
More for people moving to Warsaw
Warsaw ZIP code ›Weather and climate ›Living in Warsaw: FAQ
What is the median household income in Warsaw, IN?
The median household income in Warsaw is $61,035, 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 Warsaw?
The median home value in Warsaw is $181,200, compared with $218,200 in Indiana.
How much is rent in Warsaw?
The median gross rent in Warsaw is $1,066 per month, about 32.2% of household income.
Is Warsaw, IN a good place to live?
Pluses: home values 17% lower than the state median; an average commute of 16 minutes; unemployment of 2.3%. Minuses: median household income 15% lower than the Indiana median; a poverty rate of 17.6%.
What is the median age in Warsaw?
The median age in Warsaw is 33.8 years (Indiana: 38.1).
How long is the commute in Warsaw?
The average commute to work in Warsaw is 16 minutes; 9.7% of workers work from home.
What is the unemployment rate in Warsaw?
The unemployment rate in Warsaw is 2.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Warsaw?
33.7% of adults in Warsaw 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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