Waldron, IN
Population 729 · Indiana
About Waldron, IN
Waldron is a small community located in Indiana with a population of 729 residents according to the latest US Census Bureau American Community Survey data. The median household income is $88,333 per year, which is 18% above the national median of $75,149. The median age of 42.7 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Waldron features a median home value of $114,700, which is 53% below the national median of $244,900. This makes Waldron one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 220 total housing units, 94% are owner-occupied (206 units) and 6% are renter-occupied (14 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Waldron shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 11.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Waldron have an average one-way commute time of 21 minutes.
Education & Demographics
17.5% of Waldron residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.4% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Waldron, IN
Compared to national averages, Waldron has a median household income of $88,333 (18% above the national median of $75,149). Home values average $114,700, which is 53% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Waldron's income is 27% above the state average of $69,330, and home values are 30% below the state median of $163,409.
Why Live in Waldron, IN?
Waldron offers a strong local economy with a median household income of $88,333, well above the national average, and affordable housing with a median home value of $114,700, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 11.2%, better than the national average, and short commute times averaging just 21 minutes.
Waldron has a population of 729 with a median age of 42.7 years. Compare Waldron with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Waldron
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Browns Crossing | 731 | $155,467 | $0 | Compare |
| Dugger | 731 | $58,585 | $79,400 | Compare |
| Lake Eliza | 725 | $85,286 | $168,000 | Compare |
| Oaktown | 724 | $30,417 | $67,700 | Compare |
| Walton | 734 | $46,176 | $89,200 | Compare |
| Fountain City | 718 | $46,106 | $96,900 | Compare |
| Pleasant View Village | 741 | $94,395 | $192,100 | Compare |
| Mount Summit | 742 | $0 | $211,000 | 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 Waldron With Other Cities
Frequently Asked Questions about Waldron
What is the population of Waldron, IN?
The population of Waldron, IN is 729 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Indiana.
What is the median household income in Waldron?
The median household income in Waldron, IN is $88,333 per year, which is 18% above the national median of $75,149.
What is the median home value in Waldron?
The median home value in Waldron, IN is $114,700, which is 53% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Waldron?
The median monthly rent in Waldron, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Waldron?
The unemployment rate in Waldron, IN is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Waldron, IN a good place to live?
Waldron offers above-average incomes, affordable housing, and a strong job market. With a population of 729 and a median age of 42.7, the city appeals to a broad range of residents.
How educated is Waldron, IN?
17.5% of residents in Waldron aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Waldron?
Key cost-of-living indicators for Waldron, IN: median home value is $114,700 (53% below national), median rent is $0/month, and median household income is $88,333. The home-value-to-income ratio is 1.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Waldron?
The poverty rate in Waldron, IN is 11.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Waldron, IN?
Waldron's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.4% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.