Waveland, IN Economy


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Waveland, IN is a small town in Indiana with an estimated population of approximately 700 people. The city offers affordable housing as the 2 bedroom rent is only $750 compared to the US median of $1,430. Additionally, the grocery cost index in Waveland is 91 versus 100 in the US. Some of the local companies include Waveland Cafe, which offers delicious home-cooked meals; Waveland Plumbing that provides top-notch plumbing services; and Waveland Garage which provides auto repair services and sells new and used car parts. All three offer great customer service as well as competitive prices. Waveland is a great place to call home with many wonderful businesses to patronize!

Waveland has an unemployment rate of 3.6%. The US average is 6.0%.

Waveland has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 24.5%, which is lower than the US average of 33.5%.

Tax Rates for Waveland
- The Sales Tax Rate for Waveland is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Waveland is 5.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Waveland
- The average income of a Waveland resident is $22,300 a year. The US average is $28,555 a year.
- The Median household income of a Waveland resident is $54,667 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWaveland, IndianaUnited States
  3.66
  -3.9%-6.2%
  24.5%33.5%
  7.0%6.2%
  5.5%4.6%
  $22,029$37,638
  $54,667$69,021
  $73,438$85,028
  Population by Occupation
  2.3%1.2%
  0.0%0.5%
  6.2%6.8%
  21.5%10.0%
  4.0%2.5%
  18.1%11.0%
  5.1%4.8%
  0.0%0.8%
  0.6%1.9%
  0.0%4.7%
  0.0%1.9%
  2.8%7.6%
  0.0%0.1%
  1.1%4.2%
  8.5%9.3%
  14.1%14.0%
  2.3%2.1%
  6.8%7.0%
  3.4%4.8%
  3.4%4.7%
Reviews for Waveland
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Over 16 years ago

I grew up in Waveland, mowing yards and playing ball. Looking back I wish I had stayed. Lots of really good people  More

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