Median Income
$78,583
household / year
Median Home Value
$179,800
owner-occupied
Median Rent
$1,180
gross / month
Cost of Living
97
national avg = 100

Is Wakarusa, IN a Good Place to Live?

Wakarusa is a small town of 2,488 in Indiana, with a median household income of $78,583 and a 11.0% unemployment rate. Its cost of living index is 97 (US average = 100), which is 3% below the national average.

Strengths: Wakarusa stands out for below-average home prices, solid school ratings (B).

Trade-offs: Potential downsides include an elevated unemployment rate. Whether Wakarusa is right for you depends on your priorities — the full breakdown is below.

All Wakarusa 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: 97.0

Wakarusa's overall cost of living index is 97.0, where 100 represents the US national average. Living in Wakarusa costs roughly 3% less than the average American city.

Metric Wakarusa, IN National Avg
Median Home Value $179,800 $244,900
Median Monthly Rent $1,180 $1,163
Homeownership Rate 84.4% 65.9%
Median Household Income $78,583 $74,755

Crime & Safety

Safer than Average

Wakarusa's violent crime rate is 331.5 per 100,000 residents — 13% lower than the national average of ~380 per 100,000.

Violent Crime
331.5 /100k
Property Crime
1267.3 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Wakarusa is served primarily by Wa-Nee Community Schools. The student-to-teacher ratio is 14.5:1 (better than the national average of ~16:1).

Metric Wakarusa, IN National Avg
School District Wa-Nee Community Schools
Elementary Schools 3
Middle Schools 1
High Schools 1
Student/Teacher Ratio 14.5:1 16:1
Bachelor's Degree or Higher 28.9% 35.4%
High School Diploma or Higher 87.4% 91.1%

Weather & Climate

Wakarusa sees average highs of 31.7°F in January and 83.3°F in July, with 39.4 inches of annual precipitation and 45.2 inches of snow per year.

MetricWakarusa, IN
Average High — January31.7°F
Average High — July83.3°F
Annual Precipitation39.4"
Annual Snowfall45.2"

Demographics

MetricWakarusa, INNational Avg
Population2,488
Median Age37.538.9
Unemployment Rate11.0%3.7%
Avg Commute Time27.7 min26 min
White (non-Hispanic)89.1%59.3%
Black or African American2.1%13.6%
Hispanic or Latino5.0%18.9%
Asian2.3%6.3%
Under 1826.8%22.2%
65 and over15.6%16.8%

Nearby Cities

ZIP Codes in Wakarusa

Wakarusa, IN is covered by 1 ZIP code:

Wakarusa vs Other Cities

Frequently Asked Questions

Wakarusa's cost of living index is 97, where 100 is the national average. That makes Wakarusa roughly 3% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $179,800 and median rent is $1,180/month.
Wakarusa's violent crime rate is 331.5 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1267.3 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Wakarusa are operated by Wa-Nee Community Schools. The district has 3 elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 14.5:1. 28.9% of adults 25+ hold a bachelor's degree or higher.
Wakarusa, IN has a population of 2,488, a median household income of $78,583, and an unemployment rate of 11.0%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Wakarusa averages 31.7°F in January and 83.3°F in July. Annual rainfall is 39.4 inches with about 45.2 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Wakarusa, IN is covered by 1 ZIP code: 46573.
The population of Wakarusa, Indiana is 2,488 with a median age of 37.5. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Wakarusa: cost of living index 97 (100 = US average), median home $179,800, median household income $78,583, crime index 76 (100 = US average, lower is safer), schools rated B. Whether these are benefits or drawbacks depends on where you're coming from — compare Wakarusa side by side with your current city to see the trade-offs.