Living in Winamac, Indiana
Cost of living, income, home prices, rent and demographics of Winamac · Census data 2020–2024
Winamac has 2,473 residents with a median age of 39.1. The median household income is $47,083 (35% lower than the Indiana median), the median home value is $147,600, the median rent is $742/month.
Winamac at a glance
- Population
- 2,473
- Median age
- 39.1State: 38.1
- Median household income
- $47,083State: $71,957
- Median home value
- $147,600State: $218,200
- Median rent
- $742/moState: $1,062
- Homeowners
- 52.9%
- Bachelor's degree or higher
- 17.2%
- Average commute
- 23 min
Is Winamac a good place to live?
Pros: Home values 32% lower than the state median; an average commute of 23 minutes; unemployment of 0%.
Cons: Median household income 35% lower than the Indiana median; a poverty rate of 23.9%.
The weather is best in June to September.
Cost of living in Winamac
Housing is the biggest part of the cost of living. In Winamac the median home value is $147,600, 56% lower than the U.S. median. Renters pay a median of $742 per month, which is 35.1% of household income. Homeowners with a mortgage pay $986 a month in housing costs.
Winamac median household income
The median household income in Winamac is $47,083 and the income per person is $30,774. 23.9% of residents live below the poverty line (Indiana: 12.3%).
Housing in Winamac: homes for sale and rent
- Housing units
- 1,237
- Owner-occupied
- 52.9%
- Renter-occupied
- 47.1%
- Vacant
- 12.4%Includes seasonal homes
- Median year built
- 1956
- Average household size
- 2.19
Winamac demographics
- Population
- 2,473
- Median age
- 39.1
- Under 18
- 17.8%
- 65 and older
- 19.3%
- Households
- 1,084
- Foreign-born
- 8.6%
- Veterans
- 10.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Winamac ›
Education in Winamac
17.2% of adults 25 and older in Winamac have a bachelor's degree or higher (Indiana: 29.5%), and 7.4% have a graduate or professional degree.
Jobs and commute in Winamac
- Unemployment rate
- 0%State: 4.3%
- Average commute
- 23 minState: 24 min
- Work from home
- 4.4%
- Drive alone
- 73.2%
- Public transit
- 0%
- Walk to work
- 3.3%
- Homes with broadband
- 84.4%
Winamac vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Winamac | 2,473 | $47,083 | $147,600 | $742 |
| Lake Bruce | 163 | $31,750 | — | — |
| Monterey | 143 | $39,149 | $82,500 | $628 |
| Kewanna | 533 | $36,528 | $77,300 | — |
| Hartz Lake | 312 | $45,360 | — | — |
| Bass Lake | 983 | $73,086 | $324,600 | $1,278 |
| Leiters Ford | 183 | $43,798 | $331,400 | — |
| Buffalo | 947 | $89,934 | $125,000 | — |
| Royal Center | 919 | $51,818 | $83,800 | $828 |
More for people moving to Winamac
Winamac ZIP code ›Weather and climate ›Living in Winamac: FAQ
What is the median household income in Winamac, IN?
The median household income in Winamac is $47,083, 35% 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 Winamac?
The median home value in Winamac is $147,600, compared with $218,200 in Indiana.
How much is rent in Winamac?
The median gross rent in Winamac is $742 per month, about 35.1% of household income.
Is Winamac, IN a good place to live?
Pluses: home values 32% lower than the state median; an average commute of 23 minutes; unemployment of 0%. Minuses: median household income 35% lower than the Indiana median; a poverty rate of 23.9%.
What is the median age in Winamac?
The median age in Winamac is 39.1 years (Indiana: 38.1).
How long is the commute in Winamac?
The average commute to work in Winamac is 23 minutes; 4.4% of workers work from home.
What is the unemployment rate in Winamac?
The unemployment rate in Winamac is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Winamac?
17.2% of adults in Winamac 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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