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Wolcott town, Indiana Demographics & Population 2026

Very AffordableHome value to income ratio of 1.6x is exceptionally low

As of 2026, Wolcott town, Indiana has a total population of 1,044, the 348th largest city in Indiana, with a median household income of $70,938, which is 1% higher than the state average. The poverty rate is 9.1%.

Key Takeaways

Wolcott town Quick Facts

Population 1,044
Median Household Income $70,938
Median Home Value $112,500
Poverty Rate 9.1%
Unemployment Rate 2.9%
Median Age 38.6 years
Homeownership Rate 80.4%
Affordability Ratio 1.6x
Bachelor's Degree or Higher 13.1%
High School Graduation Rate 93.3%
Diversity Index 29/100
Population 1,044 348th of 967
Median Income $70,938 above average
Poverty Rate 9.1% 27% lower national
Median Home Value $112,500 below average

How Wolcott town Compares

Economy & Housing

Employment

2.9% Unemployment Rate State: 4.3% | National: 5.2%
65.7% Labor Force Participation

Housing Overview

Owner 80.4%
Renter 19.6%
Affordability Index Very Affordable
1.6x home value to income ratio

People & Demographics

Diversity Index

29out of 100
Low Diversity

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

State average: 40 | National average: 60

Education

Wolcott town Rankings in Indiana

#348 Population of 967
#284 Median Income of 967
#520 Education of 967
#530 Home Value of 967

Cities Similar to Wolcott town

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Bass Lake CDP1,067$71,714$233,90024.3%1.1%
Dayton town1,049$74,417$169,50023.4%10.5%
St. Paul town1,019$71,750$100,8008.4%5.6%
Waverly CDP1,006$72,426$254,1004.2%3.1%
Shirley town1,026$66,429$103,7006.7%9.0%

Population Overview

Wolcott town is a small community located in Indiana. The total population is 1,044. It ranks as the 348th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Wolcott town is 38.6 years. This is 2% higher than the state median of 38.0 years.

Economy, Income & Housing

The median household income in Wolcott town is $70,938. This is 1% higher than the state median of $70,051. Compared to the national median of $78,538, household income here is 10% lower. The poverty rate stands at 9.1%. This is 26% lower than the state poverty rate of 12.2%. The unemployment rate is 2.9%. This is 33% lower than the state rate of 4.3%. The median home value is $112,500. Housing costs are 44% lower than the state median of $201,600. With a home-value-to-income ratio of just 1.6x, Wolcott town is one of the most affordable housing markets in the area. 80.4% of occupied housing units are owner-occupied. This homeownership rate is 14% higher than the state average of 70.3%.

Race & Ethnicity

The largest racial or ethnic group in Wolcott town is White (non-Hispanic), making up 83.8% of the population. Hispanic or Latino residents account for 7.8%.

Education

13.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 55% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.3%.

Data Sources & Methodology

All demographic data for Wolcott town, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. 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. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Wolcott town, Indiana?

Wolcott town, Indiana has a population of 1,044 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Wolcott town, IN?

The median household income in Wolcott town is $70,938, which is 10% lower the national median of $78,538.

What is the poverty rate in Wolcott town, IN?

The poverty rate in Wolcott town is 9.1%. This means approximately 94 residents live below the federal poverty line.

What is the racial makeup of Wolcott town, Indiana?

Wolcott town's population is 83.8% White, 5.6% Black, 7.8% Hispanic/Latino, and 1.8% Asian.

What is the median home value in Wolcott town, IN?

The median home value in Wolcott town is $112,500. The home-value-to-income ratio is 1.6x.

How educated is Wolcott town, Indiana?

13.1% of adults (25+) in Wolcott town hold a bachelor's degree or higher, and 2.3% hold a graduate or professional degree.