Warsaw, IN
Population 16,592 · Indiana
About Warsaw, IN
Warsaw is a mid-sized city located in Indiana with a population of 16,592 residents according to the latest US Census Bureau American Community Survey data. The median household income is $57,170 per year, which is 24% below the national median of $75,149. The median age of 34.2 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Warsaw features a median home value of $175,300, which is 28% below the national median of $244,900. This positions Warsaw in a moderately priced market relative to the rest of the country. Median monthly rent is $1,035, 11% below the national average of $1,163/month. Of the 7,538 total housing units, 49% are owner-occupied (3,421 units) and 51% are renter-occupied (3,583 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Warsaw shows an unemployment rate of 2.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 17.0%, above the national average of 12.4%. Workers in Warsaw have an average one-way commute time of 16.1 minutes, one of the shorter commutes in the region.
Education & Demographics
33.0% of Warsaw residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 7.9% White, 1.2% Hispanic or Latino, 5.9% Black or African American, and 1.4% Asian residents, with 8.8% of the population being foreign-born.
Cost of Living in Warsaw, IN
Compared to national averages, Warsaw has a median household income of $57,170 (24% below the national median of $75,149). Home values average $175,300, which is 28% below the national median. Monthly rent at $1,035 is 11% below the US average of $1,163. Within Indiana, Warsaw's income is 18% below the state average of $69,330, and home values are 7% above the state median of $163,409.
Why Live in Warsaw, IN?
Warsaw offers affordable housing with a median home value of $175,300, below the US average of $244,900, and rent that’s lower than the national average at $1,035/month, and a strong job market with an unemployment rate of just 2.2%. Additionally, the city features short commute times averaging just 16.1 minutes.
Potential considerations include median household income ($57,170) that falls below the national average. However, Warsaw’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Warsaw has a population of 16,592 with a median age of 34.2 years. Compare Warsaw with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Warsaw
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Vincennes | 16,676 | $50,238 | $98,700 | Compare |
| Jasper | 16,421 | $65,283 | $203,300 | Compare |
| Crawfordsville | 16,408 | $49,327 | $134,100 | Compare |
| Dyer | 16,400 | $101,183 | $288,700 | Compare |
| Griffith | 16,228 | $76,009 | $200,400 | Compare |
| Huntington | 17,026 | $51,220 | $104,300 | Compare |
| New Castle | 17,356 | $48,977 | $95,100 | Compare |
| Lebanon | 17,575 | $63,773 | $179,200 | 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 Warsaw With Other Cities
Frequently Asked Questions about Warsaw
What is the population of Warsaw, IN?
The population of Warsaw, IN is 16,592 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Indiana.
What is the median household income in Warsaw?
The median household income in Warsaw, IN is $57,170 per year, which is 24% below the national median of $75,149.
What is the median home value in Warsaw?
The median home value in Warsaw, IN is $175,300, which is 28% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Warsaw?
The median monthly rent in Warsaw, IN is $1,035, which is 11% below the national average of $1,163/month.
What is the unemployment rate in Warsaw?
The unemployment rate in Warsaw, IN is 2.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Warsaw, IN a good place to live?
Warsaw offers a moderate cost of living, affordable housing, and a strong job market. With a population of 16,592 and a median age of 34.2, the city appeals to young professionals and families.
How educated is Warsaw, IN?
33.0% of residents in Warsaw 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 Warsaw?
Key cost-of-living indicators for Warsaw, IN: median home value is $175,300 (28% below national), median rent is $1,035/month, and median household income is $57,170. The home-value-to-income ratio is 3.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Warsaw?
The poverty rate in Warsaw, IN is 17.0%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Warsaw, IN?
Warsaw's population is 7.9% White, 1.2% Hispanic or Latino, 5.9% Black or African American, 1.4% Asian, and 2.2% two or more races. 8.8% of residents are foreign-born.