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Waveland, IN

Full City Profile · Indiana · Parke County County

2.9 /5.0
C+ Fair
431 Population 1,390/sq mi density
$60,956 Median Income $22,406 per capita
$96,800 Home Value $226,231 Zillow
$920 Median Rent 27.5% income on rent
52°F Avg Temperature 293 sunny days/yr
1,261 Violent Crime/100K 2,834 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$60,956 median income, 3.7% unemployment
A+
Affordability
5.0 / 5.0
$96,800 home value, $920/mo rent
F
Safety
1.0 / 5.0
1,261 violent crimes/100K (232% above avg)
D
Education
2.0 / 5.0
12.3% bachelor's degree or higher

Income Overview

Median Household Income
$60,956
19% below
US avg: $75,149
Per Capita Income
$22,406
43% below
US avg: $39,052
Unemployment Rate
3.7%
3% above
US avg: 3.6%
Poverty Rate
10.9%
12% below
US avg: 12.4%

Income Comparison: Waveland vs. U.S. Average

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

Median Household
US: $75,149
$60,956
81%
Per Capita
US: $39,052
$22,406
57%
IRS Avg AGI
US: $72,000
$61,905
86%
Avg Weekly Wage
US: $1,432
$817
57%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$817
43% below US avg ($1,432)
Mean Commute Time
29 min
4% above US avg (28 min)
Work From Home
1.7%
89% below US avg (15.2%)
Drive Alone
84.0%
15% above US avg (73.2%)
Public Transit
1.1%
77% below US avg (5.0%)
County GDP
$534M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 84%
Public Transit 1.1%
Work From Home 1.7%
Other 13.2%
Average commute time
29 minutes
US avg: 28 min

Business Landscape

Total Establishments
326
Restaurants
28
Healthcare
18
Retail
48
Manufacturing
15

Tax & Financial

IRS Avg Adjusted Gross Income
$61,905
14% below US avg ($72,000)
Avg Property Tax
$2,225
36% below US avg ($3,500)
Cost of Living Index
93.3
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$60,956
Per Capita Income$22,406
IRS Avg Adjusted Gross Income$61,905
Avg Weekly Wage$817
County GDP$534M

Hardship Indicators

Unemployment Rate3.7%
Poverty Rate10.9%
Gini Coefficient0.431
Cost of Living Index93.3

Commute

Mean Commute29 minutes
Drive Alone84.0%
Public Transit1.1%
Work From Home1.7%

Businesses

Total Establishments326
Restaurants28
Healthcare18
Retail48
Manufacturing15

Tax

IRS Avg AGI$61,905
Avg Property Tax$2,225