Wakarusa is located in north Indiana. Wakarusa is between the Elkhart, St Joseph county. Wakarusa has 2.20 square miles of land area and 0.08 square miles of water area. As of 2010-2014, the total Wakarusa population is 1,960, which has grown 21.14% since 2000. The population growth rate is much higher than the state average rate of 7.60% and is much higher than the national average rate of 11.61%. Wakarusa median household income is $50,685 in 2010-2014 and has grown by 22.09% since 2000. The income growth rate is higher than the state average rate of 17.25% and is lower than the national average rate of 27.36%. Wakarusa median house value is $125,900 in 2010-2014 and has grown by 31.01% since 2000. The house value growth rate is about the same as the state average rate of 30.12% and is much lower than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Wakarusa is much better than the state average in quality. The Wakarusa area code is 574.