Wakarusa, IN
Full City Profile · Indiana · St. Joseph County County
3.8
/5.0
B+
Good
2,519
Population
1,145/sq mi density
$76,008
Median Income
$29,548 per capita
$202,400
Home Value
$320,904 Zillow
$1,214
Median Rent
19.1% income on rent
50°F
Avg Temperature
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$76,008 median income, 9.8% unemployment
A+
Affordability
5.0 / 5.0
$202,400 home value, $1,214/mo rent
B
Education
3.1 / 5.0
26.2% bachelor's degree or higher
Housing Overview
Median Home Value
$202,400
28% below
US avg: $281,900
Median Rent
$1,214/mo
4% above
US avg: $1,163/mo
Homeownership Rate
87.5%
34% above US avg (65.4%)
Total Housing Units
860
Median year built: 1960
Home Value by Source
Census Median
$202,400
Zillow (ZHVI)
$320,904
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
87.5%
Owner-Occupied
12.5%
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:
$1,214/mo
Affordability & Housing Stock
Rent Burden
19.1%
of renters spending 30%+ of income on housing
38% below US avg (31.0%)
Median Year Built
1960
Average age of housing stock: 66 years
Homeownership Rate
87.5%
Complete Housing Data
Home Values
| Census Median Value | $202,400 |
| Zillow Home Value (ZHVI) | $320,904 |
Rent
| Census Median Rent | $1,214 |
| 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 | 87.5% |
| Renter-Occupied | 12.5% |
| Homeownership Rate | 87.5% |
| Total Housing Units | 860 |
| Median Year Built | 1960 |
| Rent Burden | 19.1% |