Roann, Indiana.
Typical home $230,760 (+8.3% in a year). Wabash, IN metro.
to buy the typical home at today's mortgage rate — +$708 (+141%) since Jan 2020.
- 1 year
- Up $17,754 +8%
- $213,006$230,760 since Sep 2025
- 5 years
- Up $61,146 +36%
- $169,614$230,760 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Roann$1,211
- Indiana$1,350
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 11 years.
Typical home values in Roann, IN rose 8.3% over the past year — faster than the nation's +1.2%.
Living in Roann, Wabash County, Indiana
Roann is a town of 441 people in Wabash County. Half its households earn more than $58,542 a year and half less, against $66,806 across Wabash County; 12% of its people live below the poverty line. 85% of its homes are lived in by their owners and 15% are rented. Unemployment in Wabash County was 3.3% in August 2026, and the county had 1.5% fewer jobs in 2025 than the year before. The most people in Wabash County work in manufacturing, then schools and health care.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Roann is a very small town in Wabash County, where nearly everyone lives in a home they own. Household incomes run below the county's, and a smaller share of adults hold a four-year degree than in many places. Winters are cold and snowy, with January the coldest month, while July brings warm summer days, and precipitation is spread fairly evenly through the year.
Work. Residents work mostly in manufacturing, in schools, hospitals and social care, in shops, and in restaurants, hotels and entertainment. Across Wabash County, the largest workplaces include The Ford Meter Box Company, Manchester University and White's Residential and Family Services. Unemployment across the county is a little lower than it was a year ago, though the county has fewer jobs than it did the year before, and the usual trip to work is a moderate drive.
Things to do. Pony Creek, a river, and the Honeywell Center, a theatre, are both a short drive away. A longer drive leads to Lake Manitou, a lake that suits a day by the water. The International Circus Hall of Fame, a museum, is also a longer drive from town.
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- 15%of adults have a degree
- 12%below the poverty line
- 25 mintypical commute
What people in Wabash County work in
Employed residents by industry, from the Census survey. Wabash County had 12,210 jobs in 2025, 1.5% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 33° and lows near 17°; warmest in July, with highs near 83° and lows near 62°. About 30 inches of snow and 41 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the North Manchester Wwtp weather station, 10 miles away (NOAA).
Largest workplaces in Wabash County
- The Ford Meter Box CompanyAngle valves, industrial-type, manufacturing773
- Manchester UniversityUniversity or college322
- White's Residential and Family ServicesBoys' and girls' residential facilities322
- WalmartWarehouse clubs and supercenters303
- MSD Wabash County SchoolsSchool district302FTE
- Innovation VenturesPharmaceutical preparations manufacturing237
- PaperWorks Wabash MillPaperboard mills211
- Wabash City SchoolsSchool district181FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 40 workplaces with 20 or more staff, 3,798 people in all across the county; Roann has none of its own. Colleges come from IPEDS (NCES, 2023–24) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Strong windRelatively high
- TornadoesRelatively high
- DroughtRelatively moderate
- HailRelatively moderate
- Cold wavesRelatively moderate
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Roann’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Wabash County and the Wabash, IN metro.
Roann home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Roann$230,760
- Indiana$257,165
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Zip codes with a Roann address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Roann — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.