Wolcottville, IN
Full City Profile · Indiana · LaGrange County County
Wolcottville, IN
At a Glance
How Wolcottville Compares to the U.S. Average
Each bar shows Wolcottville's value as a percentage of the national average (100% = U.S. avg)
Is Wolcottville a Good Place to Live?
Economy & Jobs
Wolcottville residents earn a median household income of $54,583 , which is 27% below the national average of $75,149. Per capita income is $22,194. The unemployment rate stands at 7.6% (111% above the U.S. rate of 3.6%). 16.7% of residents live below the poverty line. The area is home to 1,037 business establishments, including 60 restaurants.
Housing & Cost of Living
The median home value in Wolcottville is $98,300 , 65% below the national median of $281,900. Zillow estimates the typical home at $357,773. Median rent is $819/month, with 22.5% 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 1970.
Education
9.0% of adults in Wolcottville hold a bachelor's degree or higher (73% below the national average). 72.3% have completed high school. Local schools score 6.0/10 in standardized testing.
Climate & Weather
Wolcottville has an average annual temperature of 49°F (10°C). Winters average 24°F in January while summers reach 72°F in July. Annual precipitation totals 38.5 inches.