Wheatfield, IN
Population 841 · Indiana
About Wheatfield, IN
Wheatfield is a small community located in Indiana with a population of 841 residents according to the latest US Census Bureau American Community Survey data. The median household income is $80,625 per year, which is 7% above the national median of $75,149. The median age of 32.4 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 Wheatfield features a median home value of $191,900, which is 22% below the national median of $244,900. This positions Wheatfield in a moderately priced market relative to the rest of the country. Median monthly rent is $790, 32% below the national average of $1,163/month. Of the 339 total housing units, 81% are owner-occupied (245 units) and 19% are renter-occupied (58 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Wheatfield 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 10.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Wheatfield have an average one-way commute time of 28.8 minutes.
Education & Demographics
13.2% of Wheatfield 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 9.5% White, 0.5% Hispanic or Latino, 0.4% Black or African American, and 0.0% Asian residents, with 2.4% of the population being foreign-born.
Cost of Living in Wheatfield, IN
Compared to national averages, Wheatfield has a median household income of $80,625 (7% above the national median of $75,149). Home values average $191,900, which is 22% below the national median. Monthly rent at $790 is 32% below the US average of $1,163. Within Indiana, Wheatfield's income is 16% above the state average of $69,330, and home values are 17% above the state median of $163,409.
Why Live in Wheatfield, IN?
Wheatfield offers a strong local economy with a median household income of $80,625, well above the national average, and affordable housing with a median home value of $191,900, below the US average of $244,900, and rent that’s lower than the national average at $790/month. Additionally, the city features a strong job market with an unemployment rate of just 2.2%, and a low poverty rate of 10.5%, better than the national average.
Wheatfield has a population of 841 with a median age of 32.4 years. Compare Wheatfield with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Wheatfield
Cities in Indiana with a similar population size.
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 Wheatfield With Other Cities
Frequently Asked Questions about Wheatfield
What is the population of Wheatfield, IN?
The population of Wheatfield, IN is 841 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 Wheatfield?
The median household income in Wheatfield, IN is $80,625 per year, which is 7% above the national median of $75,149.
What is the median home value in Wheatfield?
The median home value in Wheatfield, IN is $191,900, which is 22% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Wheatfield?
The median monthly rent in Wheatfield, IN is $790, which is 32% below the national average of $1,163/month.
What is the unemployment rate in Wheatfield?
The unemployment rate in Wheatfield, 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 Wheatfield, IN a good place to live?
Wheatfield offers above-average incomes, affordable housing, and a strong job market. With a population of 841 and a median age of 32.4, the city appeals to young professionals and families.
How educated is Wheatfield, IN?
13.2% of residents in Wheatfield 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 Wheatfield?
Key cost-of-living indicators for Wheatfield, IN: median home value is $191,900 (22% below national), median rent is $790/month, and median household income is $80,625. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Wheatfield?
The poverty rate in Wheatfield, IN is 10.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Wheatfield, IN?
Wheatfield's population is 9.5% White, 0.5% Hispanic or Latino, 0.4% Black or African American, 0.0% Asian, and 0.0% two or more races. 2.4% of residents are foreign-born.