City

Wakarusa, IN

1 ZIP code  ·  Elkhart County  ·  Indiana

👥3,943Population
💰$79,375Median HH Income≈ Avg
🎂38.7Median Age
🏠$219,800Median Home Value▼ 21% below avg
🎓38.7%College Grads≈ Avg
📊6.1%Unemployment▲ 25% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 46.4% Female 53.6% ♀

Race & Ethnicity

White: 86.2%Hispanic: 5.4%Black: 1.1%Asian: 2.8%Other: 3.9%Race
White86.2%
Hispanic5.4%
Black1.1%
Asian2.8%
Other3.9%

Age Breakdown

Under 5
7%
5–17
19%
18–24
7%
25–44
26%
45–64
23%
65+
7%

Key Indicators

Median Age38.7 yrs
Avg HH Size3.00
Below Poverty6.3% ▼ 37% below avg
College Grads38.7% ≈ Avg
Unemployment6.1% ▲ 25% above avg
No HS Diploma31 (1.4%)
HS Graduate864 (37.6%)
Some College309 (13.5%)
Associates203 (8.8%)
Bachelors204 (8.9%)
Graduate Degree685 (29.8%)

Education

No HS: 1.4%HS Grad: 37.6%Some College: 13.5%Associates: 8.8%Bachelors: 8.9%Graduate: 29.8%Edu
No HS1.4%
HS Grad37.6%
Some College13.5%
Associates8.8%
Bachelors8.9%
Graduate29.8%
Housing & Income

Housing Tenure

Owner: 91.9%Renter: 8.1%Tenure
Owner91.9%
Renter8.1%

Home Value Distribution

Under $50k
6%
$50k–$100k
1%
$100k–$150k
14%
$150k–$200k
19%
$200k–$300k
32%
$300k–$500k
22%
Over $500k
5%

Financials

Median HH Income$79,375 ≈ Avg
Median Home Value$219,800 ▼ 21% below avg
Home/Income Ratio2.8x (nat avg ~3.5x)
Median Rent$1,054/mo
Total Housing Units1,400
Vacant Units130

Income Distribution

Under $25k
8%
$25k–$50k
12%
$50k–$75k
22%
$75k–$100k
20%
$100k–$150k
18%
$150k–$200k
11%
Over $200k
8%
Employment & Commute

How People Get to Work

Drove Alone
88%
Walked
3%
Work From Home
9%

Commute Time

Under 15 min
35%
15–30 min
40%
30–45 min
14%
Over 45 min
12%
Housing Stock

Year Built

Before 1940
4%
1940s–1950s
11%
1960s–1970s
9%
1980s–1990s
11%
2000+
65%
About Wakarusa, IN

Wakarusa is a city in Indiana, located in Elkhart County. The city spans 1 ZIP code and is home to approximately 3,943 residents. It is a middle-aged city, with a median age of 38.7 years.

Economically, Wakarusa is a middle-income community. The median household income of $79,375 is near the national average. Approximately 6.3% of residents live below the poverty line. The unemployment rate is 6.1%, above the national average.

The real estate market in Wakarusa is an affordable housing market. Median home values stand at $219,800, which is below the national average. Renters typically pay around $1,054 per month. Homeownership is high at 91.9%, typical of suburban and family-oriented communities.

The population of Wakarusa is moderately educated. 38.7% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (86.2%).

Wakarusa, IN offers residents above-average earning potential within Indiana.

ZIP Codes in Wakarusa
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
46573 3,943 $79,375 $219,800 $1,054 6.1% 38.7% 91.9%