At a Glance
Median Income
$62,734
$24,477 per capita
Home Value
$97,500
Zillow: $179,837
Median Rent
$728/mo
12.9% of income on rent
Bachelor's Degree+
17.7%
92.2% high school+
Unemployment
1.2%
11.7% poverty rate
Obesity Rate
35.9%
16.8% smoking rate
How Wharton Compares to the U.S. Average
Each bar shows Wharton's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Wharton a Good Place to Live?
B+
3.8 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Wharton residents earn a median household income of $62,734 , which is 17% below the national average of $75,149.
Per capita income is $24,477. The unemployment rate stands at 1.2% (67% below the U.S. rate of 3.6%). 11.7% of residents live below the poverty line. The area is home to 589 business establishments, including 46 restaurants.
Housing & Cost of Living
The median home value in Wharton is $97,500 , 65% below the national median of $281,900.
Zillow estimates the typical home at $179,837. Median rent is $728/month, with 12.9% of renters spending more than 30% of income on housing. The cost of living index is 92.8 (100 = national average). The median home was built in 1938.
Education
17.7% of adults in Wharton hold a bachelor's degree or higher
(47% below the national average).
92.2% have completed high school. Local schools score 5.8/10 in standardized testing.
Climate & Weather
Wharton has an average annual temperature of 50°F (10°C).
Winters average 25°F in January while summers reach 73°F in July. Annual precipitation totals 40.2 inches.
Data Overview
People
Population377
Median Age38.2 yrs
Density299/mi²
Male / Female52% / 49%
Foreign Born0.3%
Veterans3.6%
Economy
B+
Median Income$62,734
Per Capita$24,477
Unemployment1.2%
Poverty11.7%
County GDP$1,407M
Avg Weekly Wage$1,053
Housing
A+
Home Value$97,500
Rent$728
Ownership60.7%
Zillow$179,837
Housing Units169
Rent Burden12.9%
Health
Obesity35.9%
Diabetes10.3%
Smoking16.8%
Heart Disease5.7%
Premature Death8,016/100K
Climate
Avg Temp50°F
Rain40.2 in/yr
Elevation878 ft
Education
C
Bachelor's+17.7%
High School+92.2%
Graduate+2.1%
School Score5.8/10
Community
2024 VoteR 75% / D 24%
Commute30 min
Broadband86.7%
Internet Speed70 Mbps
EV Stations2
Libraries3
Did You Know?
The median home in Wharton was built in 1938.
The nearest airport is Mansfield Lahm Regional (50 miles).
The Gini coefficient (income inequality) is 0.403 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
20.4% of the population has a disability.
The county recorded 2 fatal vehicle crashes.