Waveland is a town located in Montgomery County, in the state of Indiana (IN), United States. Nestled in the East North Central division of the Midwest region, it covers an area of 0.4 square miles (1.0 km²) and sits at an elevation of 731 ft. With a population of approximately 416 residents, Waveland offers a peaceful, rural atmosphere.
The town's population is composed of about 49.52% males and 50.48% females, and it has a population density of 155.56 people per square mile (446.16/km²). Waveland lies at a latitude of 39.88 and a longitude of -87.04, operating in the UTC-5.
Locals reflect a blend of American ancestry, with roots primarily in United States (20.4%), followed by English (11.3%), German (19.5%), and Scotch-Irish (0%) heritage. The town is identified by the ZIP code 47989.