Counties › Indiana

Cost of Living in Wabash County, IN

Population 30,844 · Census ACS 2020–2024 5-year estimates

Median rent$762
Median home value$157,200
Median household income$66,806

The median rent in Wabash County, IN is $762/month, 28% lower than the Indiana median and 46% lower than the U.S. median. The median home value is $157,200, 53% lower than the national median. Households earn a median of $66,806 a year, 7% lower than the state median.

Affordability

Rent as a share of median income: 13.7%
Income needed for median rent (30% rule): $30,480/yr
Home price-to-income ratio: 2.4×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $795/mo

Run your own numbers: mortgage calculator · hourly to salary

Wabash County vs. Indiana vs. U.S.

Wabash CountyIndianaU.S.
Median rent$762$1,062$1,413
Median home value$157,200$218,200$332,700
Median household income$66,806$71,957$80,734
Homeownership rate80.5%70.6%65.2%
Bachelor's degree or higher23.1%29.5%35.7%
Poverty rate11.1%12.3%12.5%
Unemployment rate3.4%4.3%5.2%
Work from home6.3%10.7%15.1%
Median age42.738.138.9

FAQ

What is the average rent in Wabash County, IN?

The median gross rent in Wabash County, IN is $762 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Wabash County, IN?

Using the common 30% rule, renting a median-priced home takes about $30,480 a year in gross income.

Is Wabash County, IN expensive to live in?

Rent there is 46% lower than the U.S. median, and the median home costs about 2.4 times the median household income.

Other counties in Indiana

Marion County, INRent $1,153 · Income $66,346Lake County, INRent $1,131 · Income $71,493Allen County, INRent $1,021 · Income $70,737Hamilton County, INRent $1,574 · Income $121,530St. Joseph County, INRent $1,062 · Income $66,868Elkhart County, INRent $1,047 · Income $68,561

Counties with a similar cost of living

Harrison County, KYRent $765 · Income $66,442Juniata County, PARent $756 · Income $66,318Garrett County, MDRent $765 · Income $67,688Richland County, WIRent $771 · Income $66,420Gage County, NERent $774 · Income $67,247Redwood County, MNRent $757 · Income $67,866

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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