Waldron, Indiana.
Typical home $242,374 (+1.2% in a year). Indianapolis-Carmel-Anderson, IN metro.
to buy the typical home at today's mortgage rate — +$729 (+134%) since Jan 2020.
- 1 year
- Up $2,915 +1%
- $239,459$242,374 since Sep 2025
- 5 years
- Up $54,020 +29%
- $188,354$242,374 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.
- Waldron$1,272
- Indiana$1,350
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 14 years.
Typical home values in Waldron, IN rose 1.2% over the past year — in step with the nation.
Living in Waldron, Shelby County, Indiana
Waldron, in Shelby County, had 805 people in the 2020 census. Unemployment in Shelby County was 3.2% in August 2026, and the county had 0.1% more jobs in 2025 than the year before. The most people in Shelby 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 It can be wrong or out of date.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. Waldron is a small community in Shelby County, Indiana, where people tend to know one another. Homes here are priced a little below what many Indiana buyers might expect in larger towns, and household incomes across the county are comfortable for the region. Winters are cold, with January the coldest month and some snow each year, and summers are warm, with July the warmest. Rain and melted snow arrive steadily through the year.
Work. Many residents work in manufacturing, in schools, hospitals and social care, or in restaurants, hotels and entertainment, with professional and business services also well represented. Some work from home, though most travel to a job. Across Shelby County, some of the largest workplaces are Major Hospital, Shelbyville Central Schools and Ryobi Die Casting USA. Unemployment across the county is low and has changed little from a year ago, and the number of jobs has stayed close to steady.
Things to do. Close to town, Meltzer Woods is a protected area a short drive away, a good place for a walk among old trees. The Grover Museum is also a short drive away and offers a look at local history. For a longer outing, Miller House and Garden is a museum a longer drive away, and the Big Blue River, a longer drive away, suits an afternoon by the water.
Report a mistake
- 7%below the poverty line
- 5%work from home
What people in Shelby County work in
Employed residents by industry, from the Census survey. Shelby County had 18,930 jobs in 2025, 0.1% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 36° and lows near 20°; warmest in July, with highs near 85° and lows near 64°. About 15 inches of snow and 44 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Shelbyville Sewage Plt weather station, 9 miles away (NOAA).
Largest workplaces in Shelby County
- Horseshoe Indianapolis901
- Ryobi Die Casting USAAluminum die-casting foundries900
- Major HospitalGeneral hospital736FTE
- Shelbyville Central SchoolsSchool district451FTE
- Pilkington North AmericaGlass, automotive, made from purchased glass408
- Knauf Insulation Plant 1Manufacturer of wool fiberglass insulation404
- WalmartWarehouse clubs and supercenters368
- Freudenberg-NOK General PartnershipGasket, packing, and sealing devices manufacturing312
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 60 workplaces with 20 or more staff, 9,243 people in all across the county; Waldron has none of its own. Hospitals come from their Medicare cost reports (CMS, 2023) 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
- TornadoesRelatively high
- DroughtRelatively moderate
- HailRelatively moderate
- Strong windRelatively moderate
- Winter weatherRelatively moderate
- Inland floodingRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Waldron’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 Shelby County and the Indianapolis-Carmel-Anderson, IN metro.
Waldron home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Waldron$242,374
- 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.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Waldron5
Zip codes with a Waldron address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Waldron — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.