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Wabash, IN

Full City Profile · Indiana · Wabash County County

3.1 /5.0
B Good
10,378 Population 1,075/sq mi density
$54,199 Median Income $31,851 per capita
$115,000 Home Value $175,042 Zillow
$677 Median Rent 27.0% income on rent
52°F Avg Temperature 275 sunny days/yr
67 Violent Crime/100K 1,269 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$54,199 median income, 3.0% unemployment
A+
Affordability
5.0 / 5.0
$115,000 home value, $677/mo rent
F
Safety
1.0 / 5.0
67 violent crimes/100K
C+
Education
2.8 / 5.0
21.9% bachelor's degree or higher

Housing Overview

Median Home Value
$115,000
59% below
US avg: $281,900
Median Rent
$677/mo
42% below
US avg: $1,163/mo
Homeownership Rate
70.9%
8% above US avg (65.4%)
Total Housing Units
5,022
Median year built: 1955

Home Value by Source

Census Median
$115,000
Zillow (ZHVI)
$175,042
Median Sale Price
$158,625
Median List Price
$174,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

70.9%
Owner-Occupied
29.1%
Renter-Occupied
71%
29%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$685/mo
1 Bedroom
$729/mo
2 Bedroom
$956/mo
3 Bedroom
$1,146/mo
4 Bedroom
$1,266/mo
Census median rent: $677/mo

Market Indicators (Redfin)

Median Days on Market
49 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
12
Price Drops
25.9%
of listings with price reduction
Price Per Sq Ft
$125
Active Inventory
27
homes for sale

Affordability & Housing Stock

Rent Burden
27.0%
of renters spending 30%+ of income on housing
13% below US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
70.9%

Complete Housing Data

Home Values

Census Median Value$115,000
Zillow Home Value (ZHVI)$175,042
Median Sale Price$158,625
Median List Price$174,900
Price Per Sq Ft$125

Rent

Census Median Rent$677
FMR Studio$685
FMR 1-Bedroom$729
FMR 2-Bedroom$956
FMR 3-Bedroom$1,146
FMR 4-Bedroom$1,266

Market

Days on Market49
Sale-to-List Ratio1.0%
Price Drops25.9%
Homes Sold12
Active Inventory27
Price Per Sq Ft$125

Ownership & Stock

Owner-Occupied70.9%
Renter-Occupied29.1%
Homeownership Rate70.9%
Total Housing Units5,022
Median Year Built1955
Rent Burden27.0%