At a Glance
Median Income
$70,938
$27,968 per capita
Home Value
$112,500
Zillow: $224,847
Median Rent
$875/mo
25.5% of income on rent
Bachelor's Degree+
13.1%
93.3% high school+
Unemployment
2.9%
3.3% poverty rate
Obesity Rate
44.0%
16.0% smoking rate
How Wolcott Compares to the U.S. Average
Each bar shows Wolcott's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Wolcott 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
Wolcott residents earn a median household income of $70,938 , which is 6% below the national average of $75,149.
Per capita income is $27,968. The unemployment rate stands at 2.9% (19% below the U.S. rate of 3.6%). 3.3% of residents live below the poverty line. The area is home to 213 business establishments, including 9 restaurants.
Housing & Cost of Living
The median home value in Wolcott is $112,500 , 60% below the national median of $281,900.
Zillow estimates the typical home at $224,847. Median rent is $875/month, with 25.5% 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 1951.
Education
13.1% of adults in Wolcott hold a bachelor's degree or higher
(61% below the national average).
93.3% have completed high school. Local schools score 5.9/10 in standardized testing.
Climate & Weather
Wolcott has an average annual temperature of 50°F (10°C).
Winters average 24°F in January while summers reach 72°F in July. Annual precipitation totals 38.0 inches.
Data Overview
People
Population1,044
Median Age38.6 yrs
Density1,769/mi²
Male / Female55% / 45%
Foreign Born3.5%
Veterans6.1%
Economy
A
Median Income$70,938
Per Capita$27,968
Unemployment2.9%
Poverty3.3%
County GDP$623M
Avg Weekly Wage$989
Housing
A+
Home Value$112,500
Rent$875
Ownership80.4%
Zillow$224,847
Housing Units434
Rent Burden25.5%
Health
Obesity44.0%
Diabetes10.7%
Smoking16.0%
Heart Disease5.6%
Premature Death10,602/100K
Climate
Avg Temp50°F
Rain38.0 in/yr
Elevation715 ft
Education
C
Bachelor's+13.1%
High School+93.3%
Graduate+3.8%
School Score5.9/10
Community
2024 VoteR 73% / D 26%
Commute20 min
Broadband88.5%
Internet Speed21 Mbps
EV Stations1
Libraries6
Did You Know?
The median home in Wolcott was built in 1951.
The nearest airport is Porter County Regional (48 miles).
The Gini coefficient (income inequality) is 0.424 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
17.6% of the population has a disability.
The county recorded 2 fatal vehicle crashes.