Waldron, Indiana is a small town with approximately 1,000 residents. Middle-aged professionals should feel right at home, as they make up an above-average portion of the community, while young adults appear in smaller numbers. Overall, the town's population, at an average age of just under 46, is decidedly older than most cities in Indiana. Home ownership is more common than renting in the area, and 25% of residents rent. The average rent of $763 per month is just below the state average.
There are three primary industries in Waldron: manufacturing, retail, and healthcare. Together, these industries account for 24% of the town's workforce. Meanwhile, in terms of job function, 9% of residents work in management, making it the top field in the town. With an average annual income of around $75K, Waldron workers earn about $12,000 more than the average Indiana resident. However, Waldron's average income is nearly on par with the national average of $73,345. Waldron has a large number of residents older than 25 who possess a high school degree or equivalent (31%) compared to the national average. Additionally, 10% have a Bachelor's, Master's, Professional, or Doctoral degree.
Averaging about 24 minutes, the commute time for Waldron residents outperforms around 70% of cities in the state. Many residents (50%) drive themselves to work, while public transit isn't used. Walking isn't a common means of commuting to work.
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