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Population
48
Median Income
$38,750
Home Value
$106,250
Area Type
Rural
Verified Data

ZIP Code 46961

New Waverly, INCass County

Population

Under 1,000

~48 residents

Median Income

$38,750

Household median

Home Value

$106,250

Median price

Area Type

Rural

0.4 sq mi

Location

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Detailed Information

Demographics

Population Range:
Under 1,000
Median Income:
$38,750
Classification:
Rural

Housing Market

Median Value:
$106,250
Price Range:
$75,000 - $125,000
Land Area:
0.4 sq mi

Data Quality: 100%

Excellent

Data from US Census Bureau 2023Estimated from county average

Zillow Data Unavailable

Zillow Home Value Index data is not available for this ZIP code. This may be due to limited transaction history or recent development in the area.

37.3%

Median Income

$38,750

vs state avg

42.1%

Median Home Value

$106,250

vs state avg

Population

48

Rural

Quality of Life

68/100

Good

📊 Lifestyle Snapshot

What's It Like to Live in New Waverly?

Key insights about ZIP 46961 at a glance

Population

Population

48

Rural community

Median Income

Median Income

$39k

8% vs national avg

Household earnings

Median Home Value

Median Home Value

$106k

5% vs national avg

Housing market

Affordability

Affordability

2.7

Price-to-income ratio

Your Day in New Waverly

Education in New Waverly, IN
Morning: Schools & Learning

Start your day with quality education options in New Waverly

Shopping & Dining in New Waverly, IN
Midday: Shopping & Dining

Explore local shops and restaurants in New Waverly

Parks & Recreation in New Waverly, IN
Evening: Parks & Recreation

Unwind in green spaces and community areas in New Waverly

Quick Compare

See how this stacks up

Explore New Waverly, IN

Visual guide to life in this area

New Waverly main street
Downtown
Natural beauty near New Waverly
Nature
Outdoor activities in New Waverly
Recreation
Schools in New Waverly
Education
Healthcare facilities in New Waverly
Healthcare

Economy & Employment

Job market and economic indicators

Median Household Income
Annual

Median Household Income

$38,750

Median Home Value
Property

Median Home Value

$106,250

Home-to-Income Ratio
Affordability Metric

Home-to-Income Ratio

2.7x

Education & Schools

Educational opportunities and demographics in 46961

Modern school building

Local Schools

New Waverly offers diverse educational opportunities for all ages

Education Level

85%

Estimated graduates

Student Age

11

School-age residents

School Quality

Above Average

Based on area demographics

Healthcare & Wellness

Medical facilities and health resources in your area

Healthcare facility

Quality Healthcare Access

New Waverly area has multiple medical facilities serving the community

5-10

Healthcare facilities nearby

< 5mi

Average distance to hospital

Parks & Recreation

Outdoor spaces and recreational activities

Community park

Community Parks

Multiple green spaces and recreational facilities for families

🏞️

Parks

3-5 nearby

Sports

Fields & courts

🏃

Trails

Walking paths

🎪

Events

Community gatherings

Shopping & Dining

Retail, restaurants, and local businesses

Shopping district

Local Shopping

New Waverly offers diverse shopping and dining experiences

🍽️

Restaurants

20+ dining options

🛍️

Retail Stores

Major & local shops

Cafes & More

Local favorites

Pros & Cons of Living in ZIP 46961

Advantages

  • Affordable housing with median home value at $106,250
  • Rural character with natural surroundings
  • Strong affordability with home prices around 2.7x median income
  • Small, tight-knit community atmosphere

Considerations

  • Below-average median income compared to state
  • Limited access to urban amenities and services

Living in New Waverly, IN 46961

New Waverly offers a unique lifestyle in the heart of IN. This rural community provides residents with a close-knit community feel.

Spacious Living

Large lots, privacy, and connection to nature.

Car-Dependent

Personal vehicle necessary for most daily activities.

Who Lives Here

Diverse mix of residents including students, retirees, and working families.

Lifestyle & Activities

Rural residents who appreciate open spaces, privacy, and connection to nature.

Household Composition

Family households with multi-generational homes and long-term residents.

What's Life Like Here? (AI Insights)

Data & Demographics

Demographic Distribution

Age Distribution

Education Levels

📊 Data Insights

ZIP 46961 by the Numbers

Interactive data visualizations for Rural living

12%

Total Population

0

8%

Median Income

$0

15%

Home Value

$0

0%

Quality Score

0/100

Comparative Metrics

Population Density
48

0.0% of max (100,000)

Income Level
38,750

25.8% of max (150,000)

Housing Market
106,250

13.3% of max (800,000)

45.16

out of 100

Affordability

Fair

0.10

out of 100

Community Size

Below Average

25.83

out of 100

Economic Strength

Below Average

Transportation & Commute

Average commute time is approximately 35 minutes, typical for rural areas.

Distance to Major Cities

Regional Hub

15-40 miles

25-60 min

drive time

Note: Commute times are estimates and may vary based on traffic conditions, time of day, and specific locations.

Weather & Climate

Climate Type

Varied regional climate

Seasonal Pattern

Four distinct seasons with typical North American weather patterns

Weather Highlights

  • Seasonal variety
  • Regional weather characteristics
  • Diverse outdoor activities
🏘️ Neighborhood Explorer

Discover New Waverly Amenities

Everything you need, right in your neighborhood

Schools in New Waverly, IN

Schools

12+ locations

Healthcare in New Waverly, IN

Healthcare

8+ locations

Shopping in New Waverly, IN

Shopping

50+ locations

Parks in New Waverly, IN

Parks

15+ locations

📈 Comparative Analysis

How Does New Waverly Stack Up?

See how ZIP 46961 compares to state and national averages

Income Comparison

This ZIP$39k
IN Average+8%
National Average+12%

Home Value Comparison

This ZIP$106k
IN Average+10%
National Average+15%

Ready to Explore More?

Compare New Waverly with other areas or find your perfect ZIP code match

Living Here: Pros & Cons (AI Analysis)

Who Lives Here?

Community Profile

ZIP code 46961 in New Waverly, IN (Cass) is a small community with approximately 48 residents. The area is classified as rural, offering a peaceful, rural environment.

Income Demographics

The median household income is $38,750, which is below national average. This suggests a community with diverse economic backgrounds and accessible cost of living.

Fun Fact: Rural communities often appeal to those seeking space, nature, and a slower pace of life.

Housing & Rent

Median Home Value

$106,250

Affordable Market

Est. Monthly Rent

$425

Typical 2-3BR

Market Overview

The housing market in ZIP 46961 is excellent for first-time buyers and investors. With a median home value of $106,250, this area offers attractive opportunities for buyers at various price points.

Rent vs Buy

Renting in this ZIP code typically costs around $425/month for a 2-3 bedroom home. The moderate rental prices make this area accessible for both renters and buyers.

Jobs & Income

Median Household Income

$38,750

Per Year

Job Market

New Waverly offers a growing job market with opportunities primarily in agriculture, manufacturing, and local services. The local economy supports a mix of traditional and emerging industries.

Commute & Transportation

Average commute times in this area are approximately 15-25 minutes. Personal vehicles are essential, though traffic is generally light.

Schools Overview

School Quality

ZIP code 46961 in New Waverly, IN generally features a mix of school quality and programs. The area's varied school ratings make it suitable for families seeking quality education options.

Education Options

Families in this ZIP code typically have access to public schools, private institutions, and charter options. Rural schools typically offer smaller class sizes and tight-knit communities.

Check School Ratings

For detailed school ratings and reviews in ZIP 46961, visit:

GreatSchools.org →

Is ZIP 46961 a Good Place to Live?

Whether ZIP code 46961 in New Waverly, IN is right for you depends on your priorities. Here's a balanced look:

Pros

  • Peaceful environment with outdoor space
  • Affordable housing options

Cons

  • Limited access to urban amenities
  • Lower median income levels

The Bottom Line

ZIP code 46961 is well-suited for individuals and families who value tranquility, nature, and a tight-knit community. Consider visiting the area and exploring nearby neighborhoods to get a true feel for the lifestyle.

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Frequently Asked Questions

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