Median Income
$51,127
household / year
Median Home Value
$107,400
owner-occupied
Median Rent
$594
gross / month
Cost of Living
89
national avg = 100

Is Wabash, IN a Good Place to Live?

Wabash is a small city of 10,417 in Indiana, with a median household income of $51,127 and a 4.2% unemployment rate. Its cost of living index is 89 (US average = 100), which is 11% below the national average.

Strengths: Wabash stands out for an affordable cost of living, below-average home prices, short average commutes.

Trade-offs: No major red flags stand out in the available data. Whether Wabash is right for you depends on your priorities — the full breakdown is below.

All Wabash city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 89.0

Wabash's overall cost of living index is 89.0, where 100 represents the US national average. Living in Wabash costs roughly 11% less than the average American city.

Metric Wabash, IN National Avg
Median Home Value $107,400 $244,900
Median Monthly Rent $594 $1,163
Homeownership Rate 71.9% 65.9%
Median Household Income $51,127 $74,755

Crime & Safety

Crime data for Wabash is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Wabash is served primarily by MSD Wabash County Schools. The student-to-teacher ratio is 15.7:1 (better than the national average of ~16:1).

Metric Wabash, IN National Avg
School District MSD Wabash County Schools
Elementary Schools 3
Middle Schools N/A
High Schools 3
Student/Teacher Ratio 15.7:1 16:1
Bachelor's Degree or Higher 22.2% 35.4%
High School Diploma or Higher 89.8% 91.1%

Weather & Climate

Wabash sees average highs of 33.8°F in January and 84.8°F in July, with 40.3 inches of annual precipitation and 19.5 inches of snow per year.

MetricWabash, IN
Average High — January33.8°F
Average High — July84.8°F
Annual Precipitation40.3"
Annual Snowfall19.5"

Demographics

MetricWabash, INNational Avg
Population10,417
Median Age41.038.9
Unemployment Rate4.2%3.7%
Avg Commute Time16.8 min26 min
White (non-Hispanic)95.3%59.3%
Black or African American0.2%13.6%
Hispanic or Latino3.8%18.9%
Asian0.2%6.3%
Under 1822.1%22.2%
65 and over20.9%16.8%

Nearby Cities

ZIP Codes in Wabash

Wabash, IN is covered by 1 ZIP code:

Wabash vs Other Cities

Frequently Asked Questions

Wabash's cost of living index is 89, where 100 is the national average. That makes Wabash roughly 11% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $107,400 and median rent is $594/month.
Crime data for Wabash is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.
Public schools in Wabash are operated by MSD Wabash County Schools. The district has 3 elementary, several middle, and 3 high schools. The student-to-teacher ratio is 15.7:1. 22.2% of adults 25+ hold a bachelor's degree or higher.
Wabash, IN has a population of 10,417, a median household income of $51,127, and an unemployment rate of 4.2%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Wabash averages 33.8°F in January and 84.8°F in July. Annual rainfall is 40.3 inches with about 19.5 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Wabash, IN is covered by 1 ZIP code: 46992.
The population of Wabash, Indiana is 10,417 with a median age of 41.0. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Wabash: cost of living index 89 (100 = US average), median home $107,400, median household income $51,127, schools rated C+. Whether these are benefits or drawbacks depends on where you're coming from — compare Wabash side by side with your current city to see the trade-offs.