Waldron, Indiana
Community in Shelby County · population 805 (2020 Census)
- Median home
- $165,900
- Household income
- $80,441
- Jan low / Jul high
- 20° / 85°
- Snow a year
- 15 in
- Tornadoes ≤10 mi since 1950
- 28
- Median age
- 46.2
Waldron is a community of 805 people in Shelby County, Indiana. The median home is worth $165,900, above the typical Indiana town ($150,400). It ranks quieter than 97% of Indiana towns, better for first-time buyers than 92% of Indiana towns, better for families than 77% of Indiana towns.
How Waldron ranks
Percentile among Indiana towns with at least 500 people on The Town Files lifestyle rankings. 50 is typical for the state; 90 means better than 90% of Indiana towns.
Homes and cost of living
The median home in Waldron is worth $165,900, above the typical Indiana town ($150,400). Homes cost about 2.1 times the median household income of $80,441, which is more affordable than 73% of Indiana towns. 100.0% of households own their home.
| Housing | Waldron | Typical Indiana town |
|---|---|---|
| Median home value | $165,900 | $150,400 |
| Median rent | — | $888 |
| Median household income | $80,441 | $61,953 |
| Home value ÷ income | 2.1× | 2.5× |
| Homeownership | 100.0% | 73.4% |
| Median year built | 1960 | 1966 |
| Seasonal / vacation homes | 0.0% | — |
Who lives in Waldron
| People | Waldron | Typical Indiana town |
|---|---|---|
| Median age | 46.2 | 38.9 |
| Age 65 and over | 27.2% | 17.1% |
| Under 18 | 17.8% | — |
| Bachelor's degree or higher | 26.9% | 17.4% |
| Below the poverty line | 7.2% | 11.6% |
| Veterans | 13.1% | — |
| Born outside the U.S. | 2.1% | — |
| Work from home | 5.1% | 6.2% |
| Average commute | 30.8 min | 24.7 min |
| Homes with broadband | 100.0% | 89.2% |
Weather in Waldron
July highs average 84.8°F and January lows 19.8°F. About 44.0 inches of rain and melted snow fall a year, with 14.6 inches of snow (typical Indiana town: 21.1 in). Expect about 18 days a year at 90°F or hotter and 115 nights at or below freezing.
Tornadoes, storms and disasters
28 tornadoes have passed within 10 miles of Waldron since 1950, compared with 23 for the typical Indiana town. 10 rated (E)F2 or stronger. The strongest, an F4, struck on April 25, 1961 about 9.7 miles from the town center. Tornadoes within 10 miles have caused 1 deaths and 14 injuries since 1950. The most recent was on May 7, 2024.
Hail of 1 inch or larger has been reported within 10 miles 24 times; the largest was 1.75 inches on March 28, 2020.
Severe weather in Shelby County since 1996
Shelby County has been included in 15 federal disaster or emergency declarations since 1953, most often for flood, tornado, hurricane.
| Declared | Incident | Declaration |
|---|---|---|
| August 15, 2026 | Flood | EM-3651: Severe Storms, Straight-Line Winds, Tornadoes, And Flooding |
| January 24, 2026 | Winter Storm | EM-3641: Severe Winter Storm |
| April 3, 2020 | Biological | DR-4515: Covid-19 Pandemic |
| March 13, 2020 | Biological | EM-3456: Covid-19 |
| June 8, 2008 | Severe Storm | DR-1766: Severe Storms, Flooding, And Tornadoes |
Jobs and pay in Shelby County
Shelby County had 18,915 jobs in 2024, paying an average of $56,974 a year. Unemployment was 2.8% in 2023; in Waldron itself the ACS puts it at 4.5%.
Public schools in Waldron
2 public schools with 618 students, about 15.4 students per teacher.
| School | Grades | Students | Per teacher |
|---|---|---|---|
| Waldron Elementary School | PK-5 | 312 | 18.4 |
| Waldron Jr-Sr High School | 6-12 | 306 | 13.3 |
Towns near Waldron
- St. Paul, IN2.5 mi · 960 people · home $112,200
- Shelbyville, IN8.8 mi · 20,067 people · home $174,700
- Milroy, IN10.9 mi · 628 people · home $132,100
- Greensburg, IN11.2 mi · 12,312 people · home $191,400
- Hope, IN12.0 mi · 2,099 people · home $148,600
- Fairland, IN14.0 mi · 542 people · home $186,600
- Rushville, IN16.2 mi · 6,208 people · home $127,300
- Morristown, IN16.9 mi · 1,205 people · home $162,000
Waldron questions
Is Waldron, Indiana a good place to retire?
On The Town Files lifestyle rankings, Waldron scores better for retirees than 57% of Indiana towns and quieter than 97%. 27.2% of residents are 65 or older (median age 46.2).
How much does a house cost in Waldron?
The median owner-occupied home in Waldron is valued at $165,900 (Census ACS 2020–2024), against a median household income of $80,441, so homes cost about 2.1 times income. Median rent is — a month.
What is the weather like in Waldron?
July highs average 84.8°F and January lows 19.8°F (NOAA 1991–2020 normals). It gets about 44.0 inches of precipitation a year and 14.6 inches of snow.
Does Waldron get tornadoes?
28 tornadoes have passed within 10 miles of Waldron since 1950 (NOAA Storm Events); the strongest was a F4 on April 25, 1961. The typical Indiana town has had 23.
- U.S. Census Bureau, American Community Survey 5-year estimates (2020–2024)
- U.S. Census Bureau, 2020 Census and 2025 Gazetteer (2020 / 2025)
- NOAA NCEI U.S. Climate Normals (1991–2020)
- NOAA NCEI Storm Events Database (1950–2026)
- FEMA OpenFEMA Disaster Declarations (this product uses the FEMA OpenFEMA API but is not endorsed by FEMA) (1953–2026)
- NCES Common Core of Data (2023–24)
- BLS Quarterly Census of Employment and Wages; USDA ERS county unemployment (BLS LAUS) (2000–2024)
- The Town Files lifestyle rankings, built from federal demographic, school, crime and housing data (2025)