In 2018, Fort Wayne, IN had a population of 264k people with a median age of 34.1 and a median household income of $48,658. Between 2017 and 2018 the population of Fort Wayne, IN grew from 254,796 to 264,170, a 3.68% increase and its median household income grew from $46,599 to $48,658, a 4.42% increase.
The number of inhabitants in Fort Wayne, Indiana is 65.5% White Alone, 15.4% Black or African American Alone, and 9.32% Hispanic or Latino. N/A% of the people in Fort Wayne, IN communicate in a non-English language, and 95.5% are U.S. residents.
The largest universities in Fort Wayne, IN are Indiana University-Purdue University-Fort Wayne (1,809 degrees awarded in 2017), Indiana Institute of Technology (1,055 degrees), and University of Saint Francis-Fort Wayne (682 degrees).
The median property value in Fort Wayne, IN is $115,700, and the homeownership rate is 62.3%. Most people in Fort Wayne, IN commute by Drove Alone, and the average commute time is 20 minutes. The average vehicle proprietorship in Fort Wayne, IN is 2 vehicles for each household.
In 2017, universities in Fort Wayne, IN granted 4,504 degrees. The student population of Fort Wayne, IN is slanted towards ladies, with 9,160 male students and 13,195 female students.
Most students graduating from Universities in Fort Wayne, IN are White (3,242 and 76.3%), followed by Black or African American (439 and 10.3%), Unknown (198 and 4.66%), and Hispanic or Latino (193 and 4.54%).
The largest universities in Fort Wayne, IN by the number of degrees awarded are Indiana University-Purdue University-Fort Wayne (1,809 and 40.2%), Indiana Institute of Technology (1,055 and 23.4%), and University of Saint Francis-Fort Wayne (682 and 15.1%).
The most popular majors in Fort Wayne, IN are General Business Administration & Management (589 and 13.1%), General Business (328 and 7.28%), and Registered Nursing (308 and 6.84%).
The median tuition costs in Fort Wayne, IN are $25,940 for private four-year colleges, and $7,269 and $18,944 respectively, for public four-year colleges for in-state students and out-of-state students.
The economy of Fort Wayne, IN employs 130k people and Fort Wayne has an unemployment rate of 3.3%. Fort Wayne has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 38.6%, which is higher than the US average of 33.5%. The largest industries in Fort Wayne, IN are Manufacturing (25,024 people), Health Care & Social Assistance (19,776 people), and Retail Trade (15,735 people), and the highest paying industries are Utilities ($64,018), Management of Companies & Enterprises ($57,012), and Professional, Scientific, & Technical Services ($52,825).
Households in Fort Wayne, IN have a median annual income of $48,658, which is less than the median annual income of $61,937 across the entire United States. This is in comparison to a median income of $46,599 in 2017, which represents a 4.42% annual growth.
Tax Rates for Fort Wayne
– The Sales Tax Rate for Fort Wayne is 7.0%. The US average is 7.3%.
– The Income Tax Rate for Fort Wayne is 4.2%. The US average is 4.6%.
– Tax Rates can have a big impact when Comparing the Cost of Living.
Income and Salaries for Fort Wayne
– The average income of a Fort Wayne resident is $23,607 a year.
– The Median household income of a Fort Wayne resident is $43,994 a year.