Waynesville, IN
Population 113 · Indiana
About Waynesville, IN
Waynesville is a small community located in Indiana with a population of 113 residents according to the latest US Census Bureau American Community Survey data. The median household income is $45,787 per year, which is 39% below the national median of $75,149. The median age of 60.4 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 Waynesville features a median home value of $134,500, which is 45% below the national median of $244,900. This makes Waynesville 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 65 total housing units, 78% are owner-occupied (51 units) and 22% are renter-occupied (14 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Waynesville 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 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Waynesville have an average one-way commute time of 15 minutes, one of the shorter commutes in the region.
Education & Demographics
13.5% of Waynesville 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 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Waynesville, IN
Compared to national averages, Waynesville has a median household income of $45,787 (39% below the national median of $75,149). Home values average $134,500, which is 45% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Waynesville's income is 34% below the state average of $69,330, and home values are 18% below the state median of $163,409.
Why Live in Waynesville, IN?
Waynesville offers affordable housing with a median home value of $134,500, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 15 minutes.
Potential considerations include median household income ($45,787) that falls below the national average. However, Waynesville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Waynesville has a population of 113 with a median age of 60.4 years. Compare Waynesville with other cities to see how it stacks up, or explore all cities in Indiana.
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Demographics
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Economy & Education
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Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Waynesville
What is the population of Waynesville, IN?
The population of Waynesville, IN is 113 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 Waynesville?
The median household income in Waynesville, IN is $45,787 per year, which is 39% below the national median of $75,149.
What is the median home value in Waynesville?
The median home value in Waynesville, IN is $134,500, which is 45% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Waynesville?
The median monthly rent in Waynesville, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Waynesville?
The unemployment rate in Waynesville, 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 Waynesville, IN a good place to live?
Waynesville offers a moderate cost of living, affordable housing, and a strong job market. With a population of 113 and a median age of 60.4, the city appeals to established professionals and retirees.
How educated is Waynesville, IN?
13.5% of residents in Waynesville 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 Waynesville?
Key cost-of-living indicators for Waynesville, IN: median home value is $134,500 (45% below national), median rent is $0/month, and median household income is $45,787. The home-value-to-income ratio is 2.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Waynesville?
The poverty rate in Waynesville, IN is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Waynesville, IN?
Waynesville's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.