The following demographic information is taken from the Purdue University Remington/Wolcott Development Plan unless otherwise noted. This information provides a snapshot of the similarities and differences between the two towns as well as their potential for future development but is not a complete measure of the two towns.
Remington and Wolcott are similar in demographics, although there are some differences between the two counties in which they reside.
Age of housing units
Housing growth is relatively even in terms of buildings constructed per period of time. Both Jasper and White County experienced the largest influx of housing growth between 1960 and 1989, but that was offset by a drop in housing growth between 1990 and 2000.
More than one of every three homes in Jasper and White County is owned by the resident who lives there. This indicates the commitment and pride in ownership many feel.
More than 80% of all homes in Jasper and White County are occupied, which is at or slightly below the Indiana state average by county.
The cost of living, as measured by housing costs, is relatively low in Remington and Wolcott. However, while housing values have gone up from 2000 to 2005, these values may be affected by the current economic climate in these counties as they are across Indiana. It is worth noting that Indiana’s housing values have remained more stable than other states.
Median household income increased in both Remington and Wolcott from 2000 to 2005. While household income is lower in the two towns as compared to the rest of the state, so is the cost-of-living.
According to STATS Indiana [link to www.stats.indiana.edu] the unemployment rate in White County (2008) was 5.9% and 5% in Jasper County.
Across both counties, more than 82% of adults age 25 and older are high school graduates, while 11% in White County and 13% in Jasper County have a bachelor’s degree or higher.