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Waynetown

Learn about the people, housing, costs and businesses in Waynetown, Indiana

Median Home$234,000
Median Rent$1,003/month
Population933
Leading IndustryRetail35% of local workforce
Home Value Growth⬆⬆+14.9% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners91% of occupied units
NotableHigh Incomes$94k/year · top 21% nationally
Waynetown
IN

Frequently Asked Questions

What are today's mortgage rates in Waynetown?

As of today, the 30-year fixed mortgage rate for Waynetown is approximately 7.016% (7.056% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Waynetown?

The median home value in Waynetown is $234k. The median monthly rent is $1,003. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Waynetown?

Home values in Waynetown have increased 14.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Waynetown?

Based on a typical all-in ownership cost of $1,050/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $45k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Waynetown is $94k/year.

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What industries drive the economy in Waynetown?

The largest employment sectors in Waynetown are retail (35%) and public administration (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.