Wabash County, IN

Comprehensive housing, income, and cost of living data for Wabash County, Indiana. Population: 31.0K.

Median Home Price
$196.5K

Based on 8 cities

Median Household Income
$68.4K

Annual household income

Price-to-Income Ratio
2.9x

Highly affordable

Salary Needed to Buy
$48.8K

30-yr mortgage, 6.5% rate, 20% down

Housing & Finance

Annual Property Tax
$765

Average annual amount

Effective Tax Rate
0.39%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$994
Property Tax$63.75
Insurance$81.90
Total Monthly$1,140
Historical Home Prices
2015
$92.7K
2016
$94.3K
+1.7%%
2017
$101.7K
+7.9%%
2018
$107.2K
+5.4%%
2019
$113.1K
+5.5%%
2020
$125.4K
+10.9%%
2021
$138.6K
+10.5%%
2022
$149.7K
+8.0%%
2023
$158.3K
+5.7%%
2024
$170.7K
+7.9%%
2025
$178.9K
+4.8%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
3.3%%

Below national average

Population Density
75

People per square mile

Homicide Rate
12.9

Medium (per 100K residents)

Political Lean (2020)
Competitive

R+0

Racial Demographics

White
92.9%
Black
1.1%
Hispanic
3%
Asian
0.4%
Two or More Races
2.1%

Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.

Climate & Environment

Average Temperature
51°F

Annual average

Sunny Days
183

Days per year

Annual Rainfall
40.2"

Inches per year

Natural Disaster Risk
Moderate Risk

Score: 41/100

Frequently Asked Questions

What is the median home price in Wabash County, IN?

The median home price in Wabash County, Indiana is $196.5K. The price-to-income ratio is 2.9x, meaning the median home costs 2.9 times the median household income.

What salary do you need to buy a home in Wabash County?

Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $48.8K per year to buy the median home in Wabash County, IN. Monthly housing costs break down to $994 for mortgage, $63.75 for property tax, and $81.90 for insurance.

What is the property tax rate in Wabash County?

The effective property tax rate in Wabash County is 0.39%, which comes to approximately $765 per year on the median home.

What is the median household income in Wabash County?

The median household income in Wabash County, Indiana is $68.4K per year, based on Census Bureau American Community Survey data. The unemployment rate is 3.3%%.

Is Wabash County a good place to live?

Wabash County, Indiana has a population of 31.0K. Housing affordability is strong with a price-to-income ratio of 2.9x. The climate averages 51 degrees F with 183 sunny days per year. Compare Wabash County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.