City

Waveland, IN

1 ZIP code  ·  Montgomery County  ·  Indiana

👥1,243Population
💰$101,369Median HH Income▲ 33% above avg
🎂37.3Median Age
🏠$114,900Median Home Value▼ 59% below avg
🎓28.8%College Grads▼ 26% below avg
📊2.7%Unemployment▼ 45% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 58.9% Female 41.1% ♀

Race & Ethnicity

White: 94.1%Hispanic: 0.1%Asian: 3.1%Other: 2.7%Race
White94.1%
Hispanic0.1%
Asian3.1%
Other2.7%

Age Breakdown

Under 5
10%
5–17
11%
18–24
17%
25–44
16%
45–64
33%
65+
6%

Key Indicators

Median Age37.3 yrs
Avg HH Size2.50
Below Poverty9.4% ≈ Avg
College Grads28.8% ▼ 26% below avg
Unemployment2.7% ▼ 45% below avg
HS Graduate359 (49.2%)
Some College56 (7.7%)
Associates104 (14.3%)
Bachelors60 (8.2%)
Graduate Degree150 (20.6%)

Education

HS Grad: 49.2%Some College: 7.7%Associates: 14.3%Bachelors: 8.2%Graduate: 20.6%Edu
HS Grad49.2%
Some College7.7%
Associates14.3%
Bachelors8.2%
Graduate20.6%
Housing & Income

Housing Tenure

Owner: 91%Renter: 9.1%Tenure
Owner91.0%
Renter9.1%

Home Value Distribution

Under $50k
6%
$50k–$100k
37%
$100k–$150k
19%
$150k–$200k
10%
$200k–$300k
19%
$300k–$500k
8%
Over $500k
2%

Financials

Median HH Income$101,369 ▲ 33% above avg
Median Home Value$114,900 ▼ 59% below avg
Home/Income Ratio1.1x (nat avg ~3.5x)
Total Housing Units595
Vacant Units98

Income Distribution

Under $25k
9%
$25k–$50k
11%
$50k–$75k
15%
$75k–$100k
12%
$100k–$150k
41%
$150k–$200k
10%
Over $200k
2%
Employment & Commute

How People Get to Work

Drove Alone
89%
Public Transit
0%
Walked
1%
Work From Home
9%

Commute Time

Under 15 min
6%
15–30 min
63%
30–45 min
19%
Over 45 min
12%
Housing Stock

Year Built

Before 1940
3%
1940s–1950s
5%
1960s–1970s
7%
1980s–1990s
10%
2000+
75%
About Waveland, IN

Waveland is a city in Indiana, located in Montgomery County. The city spans 1 ZIP code and is home to approximately 1,243 residents. It is a relatively young city, with a median age of 37.3 years.

Economically, Waveland is a upper-middle-income community. The median household income of $101,369 is above the national average. Approximately 9.4% of residents live below the poverty line. The unemployment rate is 2.7%, below the national average.

The real estate market in Waveland is one of the more affordable housing markets in the country. Median home values stand at $114,900, which is well below the national average. Homeownership is high at 91.0%, typical of suburban and family-oriented communities.

The population of Waveland is moderately educated. 28.8% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (94.13%).

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

ZIP Codes in Waveland
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
47989 1,243 $101,369 $114,900 2.7% 28.8% 91.0%