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Wolcottville, Indiana Demographics & Population 2026

Very AffordableHome value to income ratio of 1.8x is exceptionally low

During the 2020–2024 ACS period, Wolcottville, Indiana had a total population of 1,143, the 326th largest town in Indiana, with a median household income of $53,625, which is 25% lower than the state average. The poverty rate is 17.4%.

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

Key Takeaways

Wolcottville Quick Facts

Population 1,143
Median Household Income $53,625
Median Home Value $95,800
Poverty Rate 17.4%
Unemployment Rate 6.5%
Median Age 30.7 years
Homeownership Rate 53.3%
Affordability Ratio 1.8x
Bachelor's Degree or Higher 6.8%
High School Graduation Rate 70.5%
Diversity Index 11/100
Population 1,143 326th of 967
Median Income $53,625 bottom 30%
Poverty Rate 17.4% 40% higher than national
Median Home Value $95,800 bottom 20%

How Wolcottville 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
Population1,1261,143+1.5%
Median household income$54,583$53,625-1.8%
Median home value$98,300$95,800-2.5%

How Wolcottville Compares

Economy & Housing

Household Income Distribution

Under $25K 28.3%
$25K-$50K 18.1%
$50K-$100K 36.0%
$100K+ 17.6%
Detailed income brackets
Under $10K
11.8%
$10K-$15K
2.1%
$15K-$20K
2.9%
$20K-$25K
11.6%
$25K-$30K
3.1%
$30K-$35K
3.9%
$35K-$40K
5.8%
$40K-$45K
0.5%
$45K-$50K
4.7%
$50K-$60K
7.9%
$60K-$75K
13.7%
$75K-$100K
14.4%
$100K-$125K
6.3%
$125K-$150K
5.3%
$150K-$200K
3.7%
$200K+
2.4%

Employment

6.5% Unemployment Rate State: 4.3%|National: 5.2%
62.9% Labor Force Participation

Housing Overview

Owner 53.3%
Renter 46.7%
Affordability Index Very Affordable
1.8x home value to income ratio
Median gross rent $867/mo 19.4% of median household income annually

People & Demographics

Diversity Index

11out of 100
Very Low Diversity

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

State average: 41 | National average: 61

Education

Wolcottville Rankings in Indiana

#326 Population of 967
#586 Median Income of 796
#739 Education of 966
#680 Home Value of 818

Other Cities in Noble County

CityPopulationMedian IncomePovertyHome Value
Kendallville 10,556 $58,939 12.4% $133,200
Ligonier 4,347 $59,359 6.6% $110,000
Avilla 2,878 $78,880 5.8% $210,200
Albion 2,723 $70,565 8.6% $142,700
Rome City 1,182 $71,016 11.8% $265,900
Cromwell 631 $48,698 27.9% $123,100
Kimmell 604 $77,857 10.9% $114,800

Cities Similar to Wolcottville

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Morristown1,134$53,250$162,00016.1%14.1%
Farmersburg1,166$53,750$78,00013.4%12.7%
Owensville1,156$56,635$131,70013.3%6.2%
Summitville1,104$52,946$101,6008.8%21.4%
Monroeville1,122$56,302$128,00014.5%4.5%

Population Overview

Wolcottville is a small community located in Indiana, within Noble County. The total population is 1,143. It ranks as the 326th most populous out of 967 Census-designated places in Indiana.

Age Demographics

The median age in Wolcottville is 30.7 years. This is 19% lower than the state median of 38.1 years. With 30.0% of the population under 18, Wolcottville has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Wolcottville is $53,625. This is 25% lower than the state median of $71,957. It is also 34% lower than the national median of $80,734. The poverty rate stands at 17.4%. This is 41% higher than the state poverty rate of 12.3%. The unemployment rate is 6.5%. This is 52% higher than the state rate of 4.3%. The median home value is $95,800. Housing costs are 56% lower than the state median of $218,200. With a home-value-to-income ratio of just 1.8x, Wolcottville is one of the most affordable housing markets in the area. 53.3% of occupied housing units are owner-occupied. This homeownership rate is 24% lower than the state average of 70.5%.

Race & Ethnicity

Wolcottville has a predominantly White (non-Hispanic) population, comprising 94.3% of all residents.

Education

6.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 77% lower 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 70.5%.

Data Sources & Methodology

All demographic data for Wolcottville, 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 Wolcottville, Indiana?

Wolcottville, Indiana has a population of 1,143 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Wolcottville, IN?

The median household income in Wolcottville is $53,625, which is 34% lower than the national median of $80,734.

What is the poverty rate in Wolcottville, IN?

The poverty rate in Wolcottville is 17.4%. This means approximately 198 residents live below the federal poverty line.

What is the racial makeup of Wolcottville, Indiana?

Wolcottville's population is 94.3% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Wolcottville, IN?

The median home value in Wolcottville is $95,800. The home-value-to-income ratio is 1.8x.

How educated is Wolcottville, Indiana?

6.8% of adults (25+) in Wolcottville hold a bachelor's degree or higher, and 3.5% hold a graduate or professional degree.