Wabasso, Florida Demographics & Population 2026

Population Overview

Wabasso is a small community located in Florida, within Indian River County. The total population is 1,467. It ranks as the 729th most populous out of 955 Census-designated places in Florida.

Age Demographics

The median age in Wabasso is 51.8 years. This is 22% higher than the state median of 42.6 years. Only 13.5% of residents are under 18, indicating fewer families with children. 10.8% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Wabasso is $59,006. This is 21% lower than the state median of $74,568. It is also 27% lower than the national median of $80,734. The poverty rate stands at 3.6%. This is 71% lower than the state poverty rate of 12.6%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 1.7%. This is 65% lower than the state rate of 4.8%. The median home value is $401,400. Housing costs are 12% higher than the state median of $359,000. The home-value-to-income ratio of 6.8x suggests that housing affordability is a significant concern for many residents. 73.5% of occupied housing units are owner-occupied. This homeownership rate is 9% higher than the state average of 67.6%.

Race & Ethnicity

Wabasso is a highly diverse community where no single racial or ethnic group constitutes a majority of the population. Black or African American residents account for 30.3%. The Black or African American population is significantly higher than the state average (30.3% vs 14.6%).

Education

43.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 28% higher than the state rate of 34.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.9%.

Data Sources & Methodology

All demographic data for Wabasso, Florida is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 955 Census-designated places in Florida. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.