Waveland, IN Profile: Facts, Map & Data


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Waveland, Indiana - Basic Facts

The Town of Waveland is an incorporated place (Class Code P1) located in Montgomery County at latitude 39.8773 and longitude -87.0455. Montgomery County is in the Eastern time zone (GMT -5). The elevation is 781 feet.

The formal official name is the Town of Waveland, but most people and references simply refer to it as Waveland, Indiana.

The P1 Census Class Code for Waveland indicates a populated place that is also an incorporated place with the same name and the same census code. The Incorporated Place has a Functional Status Code "A" which identifies an active government providing primary general-purpose functions.

The formal boundaries for the Town of Waveland (see map below) encompass a land area of 0.32 sq. miles and a water area of 0 sq. miles.

Town of Waveland, IN Boundary Map


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Waveland, IN Data & Demographics (As of July 1, 2014)


Total Population 431
Population in Households 431
Population in Familes 367
Population in Group Qrtrs 0
Population Density1 1,354
Diversity Index2 9


Total Households 174
Average Household Size 2.48
Family Households 126
Average Family Size 3


Total Housing Units 208 (100%)
Owner Occupied HU 132 (63.5%)
Renter Occupied HU 42 (20.2%)
Vacant Housing Units 34 (16.3%)
Median Home Value $115,385
Average Home Value $154,851


Median Household Income $37,841
Average Household Income $48,769
Per Capita Income $18,934
  (Compound Annual Growth Rates)


2010-2014 2014-2019
Population 0.61% 0.37%
Households 0.69% 0.46%
Families 1.56% 0.47%
Median Household Income   4.28%
Per Capita Income   2.25%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.


Waveland, IN - Peer Comparisons by Rank and Percentile

The table below compares Waveland to the other 681 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2014 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 502 26th
Population Density1 # 335 51st
Diversity Index2 # 377 45th
Median Household Income # 572 16th
Per Capita Income # 566 17th

Additional comparisons and rankings can be made with a VERY EASY TO USE Indiana Census Data Comparison Tool.