Wheatland, IN
Population 352 · Indiana
About Wheatland, IN
Wheatland is a small community located in Indiana with a population of 352 residents according to the latest US Census Bureau American Community Survey data. The median household income is $47,500 per year, which is 37% below the national median of $75,149. The median age of 42.3 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 Wheatland features a median home value of $58,600, which is 76% below the national median of $244,900. This makes Wheatland one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $683, 41% below the national average of $1,163/month. Of the 183 total housing units, 79% are owner-occupied (119 units) and 21% are renter-occupied (31 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Wheatland shows an unemployment rate of 0.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 8.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Wheatland have an average one-way commute time of 36.3 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
4.1% of Wheatland 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, 1.7% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Wheatland Ranks in Indiana
Cost of Living in Wheatland, IN
Compared to national averages, Wheatland has a median household income of $47,500 (37% below the national median of $75,149). Home values average $58,600, which is 76% below the national median. Monthly rent at $683 is 41% below the US average of $1,163. Within Indiana, Wheatland's income is 31% below the state average of $69,330, and home values are 64% below the state median of $163,409.
Why Live in Wheatland, IN?
Wheatland offers affordable housing with a median home value of $58,600, below the US average of $244,900, and rent that’s lower than the national average at $683/month, and a strong job market with an unemployment rate of just 0.5%. Additionally, the city features a low poverty rate of 8.2%, better than the national average.
Potential considerations include median household income ($47,500) that falls below the national average. However, Wheatland’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Wheatland has a population of 352 with a median age of 42.3 years. Compare Wheatland with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Wheatland
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Burnettsville | 352 | $68,500 | $103,500 | Compare |
| Leavenworth | 349 | $62,500 | $121,900 | Compare |
| Twelve Mile | 355 | $51,536 | $0 | Compare |
| Edwardsport | 357 | $51,250 | $53,900 | Compare |
| Milton | 345 | $45,375 | $81,700 | Compare |
| Avoca | 344 | $74,167 | $0 | Compare |
| Marion | 361 | $98,144 | $320,800 | Compare |
| Marshall | 340 | $34,167 | $84,600 | 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 Wheatland With Other Cities
Frequently Asked Questions about Wheatland
What is the population of Wheatland, IN?
The population of Wheatland, IN is 352 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 Wheatland?
The median household income in Wheatland, IN is $47,500 per year, which is 37% below the national median of $75,149.
What is the median home value in Wheatland?
The median home value in Wheatland, IN is $58,600, which is 76% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Wheatland?
The median monthly rent in Wheatland, IN is $683, which is 41% below the national average of $1,163/month.
What is the unemployment rate in Wheatland?
The unemployment rate in Wheatland, IN is 0.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Wheatland, IN a good place to live?
Wheatland offers a moderate cost of living, affordable housing, and a strong job market. With a population of 352 and a median age of 42.3, the city appeals to a broad range of residents.
How educated is Wheatland, IN?
4.1% of residents in Wheatland 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 Wheatland?
Key cost-of-living indicators for Wheatland, IN: median home value is $58,600 (76% below national), median rent is $683/month, and median household income is $47,500. The home-value-to-income ratio is 1.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Wheatland?
The poverty rate in Wheatland, IN is 8.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Wheatland, IN?
Wheatland's population is 0.0% White, 1.7% 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.