Wabash, Indiana
Wabash, Indiana, is a charming small town with a rich history and a warm, welcoming community. Known as the "First Electrically Lighted City in the World," Wabash offers a unique blend of historical significance and modern convenience. Residents enjoy a vibrant downtown area with local shops, restaurants, and cultural events. The town is surrounded by beautiful natural landscapes, perfect for outdoor enthusiasts. With excellent schools, affordable housing, and a strong sense of community, Wabash provides a perfect balance of small-town charm and contemporary living.
380
Total units over the next 5 years
​
28
Single family units per year
​
30
Rentals per year
​
18
Condos and Townhomes
per year
How it Started
City of Wabash Population overview 2017
Population: 10,265
Households: 4,350
1 & 2 Person Households: 67%
Median Household Income: $43,900
Housing Units: 5,040
Owner-Occupied: 67%
Single Family Detached Homes: 75%
Median Housing Value: $86,000​
Where does the potential market live now?​
City of Wabash: 48%
Balance of Wabash County: 16%
Kosciusko, Miami, Huntington, Grant, Allen Counties: 18%
Balance of the U.S.: 18%
Market Potential
Who are the potential market?
Traditional and Non-traditional Families: 43%
Younger Couples and Singles: 36%
Empty Nesters and Retirees: 21%
Strategic Plan
After completing the market potential analysis, Club 720 Development Corp. worked with the City of Wabash to create a 5 year strategic plan to optimize housing production and create inclusive homebuyer programs.
Home Buyer Programs
The City of Wabash wanted to ensure that all current and potential residents have the tools and resources to achieve their dreams of homeownership by authorizing Indiana's best down payment assistance program!