City

Wingate, IN

1 ZIP code  ·  Montgomery County  ·  Indiana

👥510Population
💰$98,125Median HH Income▲ 29% above avg
🎂47.2Median Age
🏠$111,200Median Home Value▼ 60% below avg
🎓37.5%College Grads≈ Avg
📊2.8%Unemployment▼ 43% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 52.0% Female 48.0% ♀

Race & Ethnicity

White: 97.8%Asian: 1%Other: 1.2%Race
White97.8%
Asian1.0%
Other1.2%

Age Breakdown

Under 5
0%
5–17
11%
18–24
19%
25–44
18%
45–64
35%
65+
9%

Key Indicators

Median Age47.2 yrs
Avg HH Size2.56
Below Poverty7.8% ▼ 22% below avg
College Grads37.5% ≈ Avg
Unemployment2.8% ▼ 43% below avg
HS Graduate134 (41.2%)
Some College32 (9.8%)
Associates37 (11.4%)
Bachelors77 (23.7%)
Graduate Degree45 (13.8%)

Education

HS Grad: 41.2%Some College: 9.8%Associates: 11.4%Bachelors: 23.7%Graduate: 13.8%Edu
HS Grad41.2%
Some College9.8%
Associates11.4%
Bachelors23.7%
Graduate13.8%
Housing & Income

Housing Tenure

Owner: 77.9%Renter: 22.1%Tenure
Owner77.9%
Renter22.1%

Home Value Distribution

Under $50k
15%
$50k–$100k
30%
$100k–$150k
19%
$150k–$200k
3%
$200k–$300k
24%
Over $500k
9%

Financials

Median HH Income$98,125 ▲ 29% above avg
Median Home Value$111,200 ▼ 60% below avg
Home/Income Ratio1.1x (nat avg ~3.5x)
Median Rent$638/mo
Total Housing Units213
Vacant Units14

Income Distribution

Under $25k
16%
$25k–$50k
4%
$50k–$75k
22%
$75k–$100k
11%
$100k–$150k
28%
$150k–$200k
6%
Over $200k
13%
Employment & Commute

How People Get to Work

Drove Alone
96%
Work From Home
4%

Commute Time

Under 15 min
2%
15–30 min
46%
30–45 min
26%
Over 45 min
26%
Housing Stock

Year Built

Before 1940
2%
1940s–1950s
3%
1960s–1970s
10%
1980s–1990s
19%
2000+
66%
About Wingate, IN

Wingate is a city in Indiana, located in Montgomery County. The city spans 1 ZIP code and is home to approximately 510 residents. It is a mature city, with a median age of 47.2 years.

Economically, Wingate is a middle-income community. The median household income of $98,125 is above the national average. Approximately 7.8% of residents live below the poverty line. The unemployment rate is 2.8%, below the national average.

The real estate market in Wingate is one of the more affordable housing markets in the country. Median home values stand at $111,200, which is well below the national average. Renters typically pay around $638 per month. Homeownership is high at 77.9%, typical of suburban and family-oriented communities.

The population of Wingate is moderately educated. 37.5% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (97.84%).

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

ZIP Codes in Wingate
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
47994 510 $98,125 $111,200 $638 2.8% 37.5% 77.9%