Wolcottville, IN
Population 1,126 · Indiana
About Wolcottville, IN
Wolcottville is a small town located in Indiana with a population of 1,126 residents according to the latest US Census Bureau American Community Survey data. The median household income is $54,583 per year, which is 27% below the national median of $75,149. The median age of 32.1 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 Wolcottville features a median home value of $98,300, which is 60% below the national median of $244,900. This makes Wolcottville one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $819, 30% below the national average of $1,163/month. Of the 434 total housing units, 52% are owner-occupied (208 units) and 48% are renter-occupied (189 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Wolcottville shows an unemployment rate of 7.6%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 17.9%, above the national average of 12.4%. Workers in Wolcottville have an average one-way commute time of 22 minutes.
Education & Demographics
9.0% of Wolcottville 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 0.5% White, 4.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.3% of the population being foreign-born.
Cost of Living in Wolcottville, IN
Compared to national averages, Wolcottville has a median household income of $54,583 (27% below the national median of $75,149). Home values average $98,300, which is 60% below the national median. Monthly rent at $819 is 30% below the US average of $1,163. Within Indiana, Wolcottville's income is 21% below the state average of $69,330, and home values are 40% below the state median of $163,409.
Why Live in Wolcottville, IN?
Wolcottville offers affordable housing with a median home value of $98,300, below the US average of $244,900, and rent that’s lower than the national average at $819/month, and short commute times averaging just 22 minutes.
Potential considerations include median household income ($54,583) that falls below the national average. However, Wolcottville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Wolcottville has a population of 1,126 with a median age of 32.1 years. Compare Wolcottville with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Wolcottville
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Mexico | 1,122 | $82,695 | $106,800 | Compare |
| Poseyville | 1,131 | $70,455 | $131,500 | Compare |
| St. Wendel | 1,120 | $83,182 | $267,900 | Compare |
| Cayuga | 1,135 | $52,393 | $81,000 | Compare |
| Sweetser | 1,115 | $77,578 | $136,300 | Compare |
| Gosport | 1,113 | $51,250 | $104,800 | Compare |
| Underwood | 1,140 | $61,818 | $181,300 | Compare |
| Monroeville | 1,145 | $54,222 | $109,600 | 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 Wolcottville With Other Cities
Frequently Asked Questions about Wolcottville
What is the population of Wolcottville, IN?
The population of Wolcottville, IN is 1,126 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Indiana.
What is the median household income in Wolcottville?
The median household income in Wolcottville, IN is $54,583 per year, which is 27% below the national median of $75,149.
What is the median home value in Wolcottville?
The median home value in Wolcottville, IN is $98,300, which is 60% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Wolcottville?
The median monthly rent in Wolcottville, IN is $819, which is 30% below the national average of $1,163/month.
What is the unemployment rate in Wolcottville?
The unemployment rate in Wolcottville, IN is 7.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Wolcottville, IN a good place to live?
Wolcottville offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,126 and a median age of 32.1, the city appeals to young professionals and families.
How educated is Wolcottville, IN?
9.0% of residents in Wolcottville 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 Wolcottville?
Key cost-of-living indicators for Wolcottville, IN: median home value is $98,300 (60% below national), median rent is $819/month, and median household income is $54,583. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Wolcottville?
The poverty rate in Wolcottville, IN is 17.9%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Wolcottville, IN?
Wolcottville's population is 0.5% White, 4.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.3% of residents are foreign-born.