Wakarusa, IN Profile: Facts & Data

Wakarusa, Indiana - Basic Facts

The Town of Wakarusa had a population of 2,003 as of July 1, 2025.

The primary coordinate point for Wakarusa is located at latitude 41.5362 and longitude -86.0208 in Elkhart County. The formal boundaries for the Town of Wakarusa encompass a land area of 2.2 sq. miles and a water area of 0.08 sq. miles. Elkhart County is in the Eastern time zone (GMT -5).

The Town of Wakarusa has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Town of Wakarusa is located within Township of Olive, a minor civil division (MCD) of Elkhart County.

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Wakarusa, IN Data & Demographics (As of July 1, 2025)

POPULATION
Total Population	2,003 (100%)
Population in Households	1,879 (93.8%)
Population in Families	1,573 (78.5%)
Population in Group Quarters¹	124 ( 6.2%)
Population Density	909
Diversity Index²	21


INCOME
Median Household Income	$79,203
Average Household Income	$103,855
% of Income for Mortgage⁴	19%
Per Capita Income	$38,491
Wealth Index⁵	83
Socioeconomic Status Index⁶	Moderate (51.8)

HOUSING
Total HU (Housing Units)	778 (100%)
Owner Occupied HU	584 (75.1%)
Renter Occupied HU	154 (19.8%)
Vacant Housing Units	40 ( 5.1%)
Median Home Value	$244,898
Average Home Value	$261,601
Housing Affordability Index³	121

HOUSEHOLDS
Total Households	738
Average Household Size	2.55
Family Households	504
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

778 (100%)

Owner Occupied HU

584 (75.1%)

Renter Occupied HU

154 (19.8%)

Vacant Housing Units

40 ( 5.1%)

Median Home Value

$244,898

Average Home Value

$261,601

Housing Affordability Index³

121

HOUSEHOLDS

Total Households

738

Average Household Size

2.55

Family Households

504

Average Family Size

3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races 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.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2025	2025-2030
Population	0.05%	-0.08%
Households	0.23%	0.11%
Families		0.67%
Median Household Income		1.81%
Per Capita Income		2.30%
Owner Occupied HU		0.24%

GROWTH RATE / YEAR

2020-2025

2025-2030

Population

0.05%

-0.08%

Households

0.23%

0.11%

Families

0.67%

Median Household Income

1.81%

Per Capita Income

2.30%

Owner Occupied HU

0.24%

Wakarusa, IN - Peer Comparisons by Rank and Percentile

The table below compares Wakarusa to the other 976 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2025 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	# 227	77th
Population Density	# 483	51st
Median Household Income	# 345	65th
Housing Affordability Index	# 548	56th
Per Capita Income	# 382	61st
Diversity Index	# 379	61st

Variable Description

Rank

Percentile

Total Population

# 227

77th

Population Density

# 483

51st

Median Household Income

# 345

65th

Housing Affordability Index

# 548

56th

Per Capita Income

# 382

61st

Diversity Index

# 379

61st

Indiana Census Data Comparison Tool

Wakarusa, IN Profile: Facts & Data

Wakarusa, Indiana - Basic Facts

Wakarusa, IN Data & Demographics (As of July 1, 2025)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Wakarusa, IN - Peer Comparisons by Rank and Percentile

Wakarusa, IN - Most Popular Things to Do

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Elkhart County