Waveland, IN
Full City Profile · Indiana · Parke County County
Waveland, IN
At a Glance
How Waveland Compares to the U.S. Average
Each bar shows Waveland's value as a percentage of the national average (100% = U.S. avg)
Is Waveland a Good Place to Live?
Economy & Jobs
Waveland residents earn a median household income of $60,956 , which is 19% below the national average of $75,149. Per capita income is $22,406. The unemployment rate stands at 5.3% (47% above the U.S. rate of 3.6%). 10.9% of residents live below the poverty line. The area is home to 326 business establishments, including 28 restaurants.
Housing & Cost of Living
The median home value in Waveland is $96,800 , 66% below the national median of $281,900. Zillow estimates the typical home at $250,317. Median rent is $920/month, with 27.5% 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 1938.
Education
12.3% of adults in Waveland hold a bachelor's degree or higher (64% below the national average). 91.3% have completed high school. Local schools score 5.4/10 in standardized testing.
Climate & Weather
Waveland has an average annual temperature of 52°F (11°C). Winters average 27°F in January while summers reach 74°F in July. Annual precipitation totals 43.6 inches.