Wakarusa, IN
Population 2,519 · Indiana
About Wakarusa, IN
Wakarusa is a small community in Indiana with a population of 2,519 residents. The median household income is $76,008 per year, which is above the national average. The median age in Wakarusa is 37.2 years.
Housing in Wakarusa has a median home value of $202,400 and median monthly rent of $1,214. Of the 866 total housing units, the majority are owner-occupied, with 661 owner-occupied and 94 renter-occupied units.
The unemployment rate in Wakarusa is 9.8% and the poverty rate is 9.5%. 26.2% of residents hold a bachelor's degree or higher. The average commute time is 29.1 minutes.
Cost of Living in Wakarusa, IN
Compared to national averages, Wakarusa has a median household income of $76,008 (1% above the national median of $75,149). Home values average $202,400, which is 17% below the national median. Monthly rent at $1,214 is 4% above the US average of $1,163. Within Indiana, Wakarusa's income is 10% above the state average of $69,330, and home values are 24% above the state median of $163,409.
Why Live in Wakarusa, IN?
Wakarusa offers a strong local economy with a median household income of $76,008, well above the national average, and affordable housing with a median home value of $202,400, below the US average of $244,900, and a low poverty rate of 9.5%, better than the national average.
Wakarusa has a population of 2,519 with a median age of 37.2 years. Compare Wakarusa with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Wakarusa
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Rockville | 2,551 | $48,125 | $97,800 | Compare |
| Lapel | 2,568 | $77,563 | $201,900 | Compare |
| Rising Sun | 2,570 | $54,821 | $141,500 | Compare |
| Fairmount | 2,575 | $45,163 | $96,700 | Compare |
| Osceola | 2,583 | $63,063 | $178,300 | Compare |
| Ingalls | 2,453 | $72,330 | $161,000 | Compare |
| Winamac | 2,445 | $43,571 | $112,000 | Compare |
| Bloomfield | 2,440 | $51,144 | $108,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Wakarusa With Other Cities
Frequently Asked Questions about Wakarusa
What is the population of Wakarusa, IN?
The population of Wakarusa, IN is 2,519 according to the latest Census data.
What is the median household income in Wakarusa?
The median household income in Wakarusa, IN is $76,008 per year.
What is the median home value in Wakarusa?
The median home value in Wakarusa, IN is $202,400.
What is the average rent in Wakarusa?
The median monthly rent in Wakarusa, IN is $1,214.
What is the unemployment rate in Wakarusa?
The unemployment rate in Wakarusa, IN is 9.8%.