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Wakarusa, Indiana Demographics & Population 2026

During the 2020–2024 ACS period, Wakarusa, Indiana had a total population of 2,282, the 208th largest town in Indiana, with a median household income of $74,464, which is 3% higher than the state average. The poverty rate is 8.6%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Wakarusa Quick Facts

Population 2,282
Median Household Income $74,464
Median Home Value $207,200
Poverty Rate 8.6%
Unemployment Rate 10.1%
Median Age 39.4 years
Homeownership Rate 85.2%
Affordability Ratio 2.8x
Bachelor's Degree or Higher 30.2%
High School Graduation Rate 85.4%
Diversity Index 34/100
Population 2,282 208th of 967
Median Income $74,464 above average
Poverty Rate 8.6% 31% lower than national
Median Home Value $207,200 top 30%

How Wakarusa Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population2,5192,282-9.4%
Median household income$76,008$74,464-2.0%
Median home value$202,400$207,200+2.4%

How Wakarusa Compares

Economy & Housing

Household Income Distribution

Under $25K 7.6%
$25K-$50K 21.2%
$50K-$100K 38.8%
$100K+ 32.4%
Detailed income brackets
Under $10K
0.7%
$10K-$15K
2.1%
$15K-$20K
0.4%
$20K-$25K
4.4%
$25K-$30K
5.1%
$30K-$35K
2.7%
$35K-$40K
8.5%
$40K-$45K
1.3%
$45K-$50K
3.6%
$50K-$60K
5.1%
$60K-$75K
16.5%
$75K-$100K
17.2%
$100K-$125K
8.3%
$125K-$150K
5.7%
$150K-$200K
8.8%
$200K+
9.6%

Employment

10.1% Unemployment Rate State: 4.3%|National: 5.2%
65.6% Labor Force Participation

Housing Overview

Owner 85.2%
Renter 14.8%
Affordability Index Very Affordable
2.8x home value to income ratio
Median gross rent $955/mo 15.4% of median household income annually

People & Demographics

Diversity Index

34out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

Wakarusa Rankings in Indiana

#208 Population of 967
#259 Median Income of 796
#165 Education of 966
#210 Home Value of 818

Other Cities in Elkhart County

CityPopulationMedian IncomePovertyHome Value
Elkhart 53,733 $51,028 18.2% $139,500
Goshen 34,420 $59,184 17.1% $184,900
Nappanee 6,815 $68,892 9.1% $238,600
Dunlap 6,109 $87,039 8.4% $222,200
Simonton Lake 4,248 $75,673 11.5% $266,800
Middlebury 3,700 $75,236 14.6% $243,700
Syracuse 3,233 $71,833 4.2% $199,400
Bristol 2,128 $77,188 7.4% $229,500
New Paris 1,549 $74,663 10.5% $223,700
Millersburg 1,077 $65,833 23.1% $186,400

Cities Similar to Wakarusa

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Trail Creek2,351$77,635$191,80023.4%6.6%
Kouts2,372$77,607$235,40025.7%4.2%
Ferdinand2,351$70,000$187,90031.6%11.0%
Orleans2,235$65,330$117,50011.0%13.9%
Bristol2,128$77,188$229,50020.8%7.4%

Population Overview

Wakarusa is a small community located in Indiana, within Elkhart County. The total population is 2,282. It ranks as the 208th most populous out of 967 Census-designated places in Indiana.

Age Demographics

The median age in Wakarusa is 39.4 years. This is 3% higher than the state median of 38.1 years.

Economy, Income & Housing

The median household income in Wakarusa is $74,464. This is 3% higher than the state median of $71,957. It is also 8% lower than the national median of $80,734. The poverty rate stands at 8.6%. This is 31% lower than the state poverty rate of 12.3%. The unemployment rate is 10.1%. This is 135% higher than the state rate of 4.3%. The median home value is $207,200. Housing costs are 5% lower than the state median of $218,200. With a home-value-to-income ratio of just 2.8x, Wakarusa is one of the most affordable housing markets in the area. 85.2% of occupied housing units are owner-occupied. This homeownership rate is 21% higher than the state average of 70.5%.

Race & Ethnicity

The largest racial or ethnic group in Wakarusa is White (non-Hispanic), making up 80.8% of the population. Hispanic or Latino residents account for 7.8%. The Black or African American population (2.9%) is well below the state average of 9.1%. The Asian population is significantly higher than the state average (4.0% vs 2.6%).

Education

30.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 3% higher than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 85.4%.

Data Sources & Methodology

All demographic data for Wakarusa, Indiana 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 Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Wakarusa, Indiana?

Wakarusa, Indiana has a population of 2,282 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Wakarusa, IN?

The median household income in Wakarusa is $74,464, which is 8% lower than the national median of $80,734.

What is the poverty rate in Wakarusa, IN?

The poverty rate in Wakarusa is 8.6%. This means approximately 184 residents live below the federal poverty line.

What is the racial makeup of Wakarusa, Indiana?

Wakarusa's population is 80.8% White, 2.9% Black, 7.8% Hispanic/Latino, and 4.0% Asian.

What is the median home value in Wakarusa, IN?

The median home value in Wakarusa is $207,200. The home-value-to-income ratio is 2.8x.

How educated is Wakarusa, Indiana?

30.2% of adults (25+) in Wakarusa hold a bachelor's degree or higher, and 6.7% hold a graduate or professional degree.