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Wolcott, Indiana

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
1,033
Population
$66,875
Median Income
$113,900
Home Value
41.6
Median Age

Demographics

Wolcott has a population of 1,033 with a median age of 41.6. Here is the racial and ethnic breakdown of the population:

White
81.5%
Hispanic
10.6%
Black
6.0%
Asian
2.4%
Demographic Value
Total Population1,033
Median Age41.6
White81.5%
Black or African American6.0%
Asian2.4%
Hispanic or Latino10.6%
Wolcott, Indiana — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 81.1%Hispanic/Latino: 10.5%Black: 6.0%Asian: 2.4%1,033PopulationWhiteWhite81.1%Hispanic/LatinoHispanic/Latino10.5%BlackBlack6.0%AsianAsian2.4%

Income & Economy

The median household income in Wolcott is $66,875, which is 17.0% below the national median of $80,610. The per capita income is $29,950. The poverty rate is 11.5%.

$66,875
Median Household Income
$29,950
Per Capita Income
11.5%
Poverty Rate

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Education

In Wolcott, 94.3% of residents age 25+ have a high school diploma or higher, and 10.7% hold a bachelor's degree or higher (2.4% with a graduate or professional degree).

HS Diploma+
94.3%
Bachelor's+
10.7%
Graduate+
2.4%
Education Level % of Adults (25+)
High School Diploma or Higher94.3%
Bachelor's Degree or Higher10.7%
Graduate or Professional Degree2.4%

Housing

The median home value in Wolcott is $113,900, below the national median of $303,400. The median monthly rent is $844. The homeownership rate is 83.3%.

$113,900
Median Home Value
$844/mo
Median Rent
83.3%
Homeownership Rate
Housing Metric Value
Median Home Value$113,900
Median Monthly Rent$844
Homeownership Rate83.3%
Vacancy Rate7.9%

Salaries in Indiana

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Frequently Asked Questions

What is the population of Wolcott, Indiana?
The population of Wolcott, Indiana is 1,033 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Wolcott, Indiana?
The median household income in Wolcott, Indiana is $66,875. This is 17.0% below the national median of $80,610.
What is the median home value in Wolcott, Indiana?
The median home value in Wolcott, Indiana is $113,900. The median monthly rent is $844.
What percentage of people in Wolcott have a college degree?
In Wolcott, Indiana, 10.7% of adults age 25 and older hold a bachelor's degree or higher, and 94.3% have a high school diploma or higher.
Is Wolcott, Indiana an affordable place to live?
The home price-to-income ratio in Wolcott, Indiana is 1.7x (median home value $113,900 vs. median income $66,875), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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