Living in Wheatland, Indiana
Cost of living, income, home prices, rent and demographics of Wheatland · Census data 2020–2024
Wheatland has 349 residents with a median age of 44.8. The median household income is $42,344 (41% lower than the Indiana median), the median home value is $83,300, the median rent is $824/month.
Wheatland is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Wheatland at a glance
- Population
- 349
- Median age
- 44.8State: 38.1
- Median household income
- $42,344State: $71,957
- Median home value
- $83,300State: $218,200
- Median rent
- $824/moState: $1,062
- Homeowners
- 67.9%
- Bachelor's degree or higher
- 3.3%
- Average commute
- 36 min
Is Wheatland a good place to live?
Pros: Home values 62% lower than the state median; unemployment of 1.6%.
Cons: Median household income 41% lower than the Indiana median; an average commute of 36 minutes; a poverty rate of 14.9%.
The weather is best in May and August to October.
Cost of living in Wheatland
Housing is the biggest part of the cost of living. In Wheatland the median home value is $83,300, 75% lower than the U.S. median. Renters pay a median of $824 per month, which is 19.4% of household income. Homeowners with a mortgage pay $911 a month in housing costs.
Wheatland median household income
The median household income in Wheatland is $42,344 and the income per person is $24,193. 14.9% of residents live below the poverty line (Indiana: 12.3%).
Housing in Wheatland: homes for sale and rent
- Housing units
- 206
- Owner-occupied
- 67.9%
- Renter-occupied
- 32.1%
- Vacant
- 19.9%Includes seasonal homes
- Median year built
- 1950
- Average household size
- 2.12
Wheatland demographics
- Population
- 349
- Median age
- 44.8
- Under 18
- 16%
- 65 and older
- 20.3%
- Households
- 165
- Foreign-born
- 0.6%
- Veterans
- 5.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Wheatland ›
Education in Wheatland
3.3% of adults 25 and older in Wheatland have a bachelor's degree or higher (Indiana: 29.5%), and 1.2% have a graduate or professional degree.
Jobs and commute in Wheatland
- Unemployment rate
- 1.6%State: 4.3%
- Average commute
- 36 minState: 24 min
- Work from home
- 3.5%
- Drive alone
- 74.7%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 75.8%
Wheatland vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Wheatland | 349 | $42,344 | $83,300 | $824 |
| Monroe City | 767 | $56,094 | $144,800 | $867 |
| Bicknell | 3,017 | $52,188 | $66,300 | $844 |
| Washington | 12,367 | $50,331 | $152,200 | $858 |
| Bruceville | 446 | $55,000 | $92,700 | $675 |
| Edwardsport | 337 | $51,667 | $58,800 | $950 |
| Vincennes | 16,586 | $53,637 | $111,600 | $793 |
| Petersburg | 2,414 | $54,188 | $122,000 | $797 |
| Alford | 210 | $33,281 | $134,000 | — |
More for people moving to Wheatland
Wheatland ZIP code ›Weather and climate ›Living in Wheatland: FAQ
What is the median household income in Wheatland, IN?
The median household income in Wheatland is $42,344, 41% 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 Wheatland?
The median home value in Wheatland is $83,300, compared with $218,200 in Indiana.
How much is rent in Wheatland?
The median gross rent in Wheatland is $824 per month, about 19.4% of household income.
Is Wheatland, IN a good place to live?
Pluses: home values 62% lower than the state median; unemployment of 1.6%. Minuses: median household income 41% lower than the Indiana median; an average commute of 36 minutes; a poverty rate of 14.9%.
What is the median age in Wheatland?
The median age in Wheatland is 44.8 years (Indiana: 38.1).
How long is the commute in Wheatland?
The average commute to work in Wheatland is 36 minutes; 3.5% of workers work from home.
What is the unemployment rate in Wheatland?
The unemployment rate in Wheatland is 1.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Wheatland?
3.3% of adults in Wheatland 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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