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 Rate | 3.7% |
| Poverty Rate | 10.9% |
| Gini Coefficient | 0.431 |
| Cost of Living Index | 93.3 |
Commute
| Mean Commute | 29 minutes |
| Drive Alone | 84.0% |
| Public Transit | 1.1% |
| Work From Home | 1.7% |
Businesses
| Total Establishments | 326 |
| Restaurants | 28 |
| Healthcare | 18 |
| Retail | 48 |
| Manufacturing | 15 |
Tax
| IRS Avg AGI | $61,905 |
| Avg Property Tax | $2,225 |
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