Poneto, IN

Full City Profile · Indiana · Wells County County

3.4 /5.0
B Good
167 Population 1,392/sq mi density
$50,000 Median Income $34,799 per capita
$79,400 Home Value $241,643 Zillow
$788 Median Rent 29.2% income on rent
50°F Avg Temperature
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$50,000 median income, 2.3% unemployment
A+
Affordability
5.0 / 5.0
$79,400 home value, $788/mo rent
D
Education
1.7 / 5.0
8.3% bachelor's degree or higher

Poneto, IN

At a Glance

Median Income
$50,000
33% below
$34,799 per capita
Home Value
$79,400
72% below
Zillow: $241,643
Median Rent
$788/mo
32% below
29.2% of income on rent
Bachelor's Degree+
8.3%
75% below
90.8% high school+
Unemployment
2.3%
36% below
11.4% poverty rate
Obesity Rate
41.5%
29% above
15.8% smoking rate
Avg Temperature
50°F

How Poneto Compares to the U.S. Average

Each bar shows Poneto's value as a percentage of the national average (100% = U.S. avg)

Income
67%
Home Value
28%
Rent
68%
Poverty
92%
Bachelor's
25%
Unemployment
64%
Thin vertical line = U.S. national average (100%)

Is Poneto a Good Place to Live?

B
3.4 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Poneto residents earn a median household income of $50,000 , which is 33% below the national average of $75,149. Per capita income is $34,799. The unemployment rate stands at 2.3% (36% below the U.S. rate of 3.6%). 11.4% of residents live below the poverty line. The area is home to 706 business establishments, including 41 restaurants.

Housing & Cost of Living

The median home value in Poneto is $79,400 , 72% below the national median of $281,900. Zillow estimates the typical home at $241,643. Median rent is $788/month, with 29.2% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1955.

Education

8.3% of adults in Poneto hold a bachelor's degree or higher (75% below the national average). 90.8% have completed high school. Local schools score 6.2/10 in standardized testing.

Climate & Weather

Poneto has an average annual temperature of 50°F (10°C). Winters average 25°F in January while summers reach 73°F in July. Annual precipitation totals 40.0 inches.

Data Overview

People

Population167
Median Age40.8 yrs
Density1,392/mi²
Male / Female40% / 60%
Foreign Born4.2%
Veterans3.8%

Economy

B+
Median Income$50,000
Per Capita$34,799
Unemployment2.3%
Poverty11.4%
County GDP$1,577M
Avg Weekly Wage$962

Housing

A+
Home Value$79,400
Rent$788
Ownership81.4%
Zillow$241,643
Housing Units72
Rent Burden29.2%

Health

Obesity41.5%
Diabetes10.0%
Smoking15.8%
Heart Disease5.1%
Premature Death7,314/100K

Climate

Avg Temp50°F
Rain40.0 in/yr
Elevation848 ft

Education

D
Bachelor's+8.3%
High School+90.8%
Graduate+0.0%
School Score6.2/10

Community

2024 VoteR 78% / D 20%
Commute21 min
Broadband87.1%
Internet Speed102 Mbps
EV Stations1
Libraries2

Did You Know?

The median home in Poneto was built in 1955.
The nearest airport is Fort Wayne International (22 miles).
The Gini coefficient (income inequality) is 0.391 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
24.0% of the population has a disability.
Average internet download speed is 102 Mbps.
The county recorded 2 fatal vehicle crashes.