Wolcott, IN
Population 1,044 · Indiana
About Wolcott, IN
Wolcott is a small community in Indiana with a population of 1,044 residents. The median household income is $70,938 per year, which is above the national average. The median age in Wolcott is 38.6 years.
Housing in Wolcott has a median home value of $112,500 and median monthly rent of $875. Of the 436 total housing units, the majority are owner-occupied, with 329 owner-occupied and 80 renter-occupied units.
The unemployment rate in Wolcott is 2.9% and the poverty rate is 9.1%. 13.1% of residents hold a bachelor's degree or higher. The average commute time is 19.8 minutes.
Cost of Living in Wolcott, IN
Compared to national averages, Wolcott has a median household income of $70,938 (6% below the national median of $75,149). Home values average $112,500, which is 54% below the national median. Monthly rent at $875 is 25% below the US average of $1,163. Within Indiana, Wolcott's income is 2% above the state average of $69,330, and home values are 31% below the state median of $163,409.
Why Live in Wolcott, IN?
Wolcott offers affordable housing with a median home value of $112,500, below the US average of $244,900, and rent that’s lower than the national average at $875/month, and a strong job market with an unemployment rate of just 2.9%. Additionally, the city features a low poverty rate of 9.1%, better than the national average, and short commute times averaging just 19.8 minutes.
Potential considerations include median household income ($70,938) that falls below the national average. However, Wolcott’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Wolcott has a population of 1,044 with a median age of 38.6 years. Compare Wolcott with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Wolcott
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Dayton | 1,049 | $74,417 | $169,500 | Compare |
| Lake Santee | 1,051 | $135,804 | $226,500 | Compare |
| Topeka | 1,037 | $62,857 | $138,900 | Compare |
| Seelyville | 1,052 | $52,031 | $139,100 | Compare |
| Akron | 1,061 | $59,479 | $136,900 | Compare |
| Shirley | 1,026 | $66,429 | $103,700 | Compare |
| English | 1,025 | $34,250 | $86,300 | Compare |
| Bass Lake | 1,067 | $71,714 | $233,900 | 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.
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Frequently Asked Questions about Wolcott
What is the population of Wolcott, IN?
The population of Wolcott, IN is 1,044 according to the latest Census data.
What is the median household income in Wolcott?
The median household income in Wolcott, IN is $70,938 per year.
What is the median home value in Wolcott?
The median home value in Wolcott, IN is $112,500.
What is the average rent in Wolcott?
The median monthly rent in Wolcott, IN is $875.
What is the unemployment rate in Wolcott?
The unemployment rate in Wolcott, IN is 2.9%.