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Wheatland, IN

Full City Profile · Indiana · Knox County County

2.8 /5.0
C+ Fair
352 Population 859/sq mi density
$47,500 Median Income $23,985 per capita
$58,600 Home Value $148,013 Zillow
$683 Median Rent 15.0% income on rent
56°F Avg Temperature 293 sunny days/yr
451 Violent Crime/100K 5,208 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$47,500 median income, 0.4% unemployment
A+
Affordability
5.0 / 5.0
$58,600 home value, $683/mo rent
F
Safety
1.0 / 5.0
451 violent crimes/100K (19% above avg)
F
Education
1.3 / 5.0
4.1% bachelor's degree or higher

Housing Overview

Median Home Value
$58,600
79% below
US avg: $281,900
Median Rent
$683/mo
41% below
US avg: $1,163/mo
Homeownership Rate
79.3%
21% above US avg (65.4%)
Total Housing Units
215
Median year built: 1947

Home Value by Source

Census Median
$58,600
Zillow (ZHVI)
$148,013
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

79.3%
Owner-Occupied
20.7%
Renter-Occupied
79%
21%
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: $683/mo

Affordability & Housing Stock

Rent Burden
15.0%
of renters spending 30%+ of income on housing
52% below US avg (31.0%)
Median Year Built
1947
Average age of housing stock: 79 years
Homeownership Rate
79.3%

Complete Housing Data

Home Values

Census Median Value$58,600
Zillow Home Value (ZHVI)$148,013

Rent

Census Median Rent$683
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-Occupied79.3%
Renter-Occupied20.7%
Homeownership Rate79.3%
Total Housing Units215
Median Year Built1947
Rent Burden15.0%