Roann, IN
Full City Profile · Indiana · Wabash County County
3.5
/5.0
B+
Good
365
Population
1,587/sq mi density
$47,614
Median Income
$26,223 per capita
$95,200
Home Value
$236,482 Zillow
$625
Median Rent
24.5% income on rent
50°F
Avg Temperature
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$47,614 median income, 5.2% unemployment
A+
Affordability
5.0 / 5.0
$95,200 home value, $625/mo rent
D
Education
2.0 / 5.0
11.9% bachelor's degree or higher
Housing Overview
Median Home Value
$95,200
66% below
US avg: $281,900
Median Rent
$625/mo
46% below
US avg: $1,163/mo
Homeownership Rate
73.7%
13% above US avg (65.4%)
Total Housing Units
275
Median year built: 1952
Home Value by Source
Census Median
$95,200
Zillow (ZHVI)
$236,482
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
73.7%
Owner-Occupied
26.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$625/mo
Affordability & Housing Stock
Rent Burden
24.5%
of renters spending 30%+ of income on housing
21% below US avg (31.0%)
Median Year Built
1952
Average age of housing stock: 74 years
Homeownership Rate
73.7%
Complete Housing Data
Home Values
| Census Median Value | $95,200 |
| Zillow Home Value (ZHVI) | $236,482 |
Rent
| Census Median Rent | $625 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
Ownership & Stock
| Owner-Occupied | 73.7% |
| Renter-Occupied | 26.3% |
| Homeownership Rate | 73.7% |
| Total Housing Units | 275 |
| Median Year Built | 1952 |
| Rent Burden | 24.5% |