Waveland, IN

View of Waveland, IN
Population
443
U.S. Census Population Estimates Program · 2025
Elevation
779 ft
USGS GNIS community points and 3DEP elevation · GNIS 2026-07-06; USGS 3DEP sampled 2026-07-23
Median Home Value
$108,600
U.S. Census American Community Survey 5-Year · 2024
Median Rent
$850/mo
U.S. Census American Community Survey 5-Year · 2024
Median Income
$52,292
U.S. Census American Community Survey 5-Year · 2024
General Quality
Overall rating out of 100

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About Waveland

Located in the southwest corner of Montgomery County, Waveland is a small, quiet community of around 500 residents. As the oldest town in the area, it has deep roots surrounded by scenic farmland and the winding waters of Little Raccoon Creek. Neighbors here have always looked out for one another. When the new school building was delayed back in 1912, locals simply held classes inside the Baptist church and two downtown storefronts so students could start the school year on time.

For prospective residents, the biggest draw is the peaceful lifestyle and quick access to the outdoors. Waveland sits right next to Shades State Park and Pine Hills Nature Preserve, putting forested ravines, sandstone bluffs, and quiet hiking trails right down the road. It offers the privacy and charm of rural Indiana, while still keeping you within a short drive of Crawfordsville for groceries, dining, and daily essentials.

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