Wheeler, IN
Population 135 · Indiana
About Wheeler, IN
Wheeler is a small community located in Indiana with a population of 135 residents according to the latest US Census Bureau American Community Survey data. The median household income is $36,184 per year, which is 52% below the national median of $75,149. The median age of 64 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 Wheeler features a median home value of $143,200, which is 42% below the national median of $244,900. This makes Wheeler 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 105 total housing units, 100% are owner-occupied (88 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Wheeler 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 10.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Wheeler have an average one-way commute time of 34.8 minutes.
Education & Demographics
8.1% of Wheeler 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 Wheeler, IN
Compared to national averages, Wheeler has a median household income of $36,184 (52% below the national median of $75,149). Home values average $143,200, which is 42% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Wheeler's income is 48% below the state average of $69,330, and home values are 12% below the state median of $163,409.
Why Live in Wheeler, IN?
Wheeler offers affordable housing with a median home value of $143,200, 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 10.4%, better than the national average.
Potential considerations include median household income ($36,184) that falls below the national average. However, Wheeler’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Wheeler has a population of 135 with a median age of 64 years. Compare Wheeler with other cities to see how it stacks up, or explore all cities in Indiana.
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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 Wheeler
What is the population of Wheeler, IN?
The population of Wheeler, IN is 135 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 Wheeler?
The median household income in Wheeler, IN is $36,184 per year, which is 52% below the national median of $75,149.
What is the median home value in Wheeler?
The median home value in Wheeler, IN is $143,200, which is 42% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Wheeler?
The median monthly rent in Wheeler, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Wheeler?
The unemployment rate in Wheeler, 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 Wheeler, IN a good place to live?
Wheeler offers a moderate cost of living, affordable housing, and a strong job market. With a population of 135 and a median age of 64, the city appeals to established professionals and retirees.
How educated is Wheeler, IN?
8.1% of residents in Wheeler 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 Wheeler?
Key cost-of-living indicators for Wheeler, IN: median home value is $143,200 (42% below national), median rent is $0/month, and median household income is $36,184. The home-value-to-income ratio is 4.0x, a moderate figure by national standards.
What is the poverty rate in Wheeler?
The poverty rate in Wheeler, IN is 10.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Wheeler, IN?
Wheeler'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.