What is the median household income in Bloomfield Township, IN?
The median household income in Bloomfield Township, IN is $62,315 (±$8,108) a year (2020–2024 American Community Survey).
Paying the median gross rent of $799 a month would take about $32,000 a year at the common guideline of spending no more than 30% of income on rent.
In Bloomfield Township, the median household income went from $57,180 in 2015–2019 to $62,315 in 2020–2024 (+9.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $62,315 (±$8,108)
- Median renter income
- $39,943 (±$9,007)
- Income to afford median rent
- about $32,000
Income in Bloomfield Township against LaGrange County, its state and the nation
| Bloomfield Township | LaGrange County | Indiana | United States | |
|---|---|---|---|---|
| Median household income | $62,315 (±$8,108) | $84,487 (±$3,736) | $71,957 (±$352) | $80,734 |
| Median renter household income | $39,943 (±$9,007) | $55,341 (±$14,783) | $42,811 (±$480) | $52,966 |
| Median owner household income | $71,035 (±$3,706) | $91,705 (±$3,874) | $87,459 (±$395) | $100,009 |
| Median gross rent | $799 (±$64) | $839 (±$24) | $1,062 (±$5) | $1,413 |
In Bloomfield Township, median household income is lower than in LaGrange County ($84,487).
It is also lower than in Indiana ($71,957).
It is lower than the national figure ($80,734).
In LaGrange County, Bloomfield Township ranks 11 of 16 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1042 of 1,568.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Bloomfield Township
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $799 a month ($9,588 a year) needs an income of about $32,000 a year.
The median renting household in Bloomfield Township earns $39,943 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $57,180 (±$7,688) | $62,315 (±$8,108) | +9.0% | No measurable change after inflation |
| Median gross rent | $617 (±$83) | $799 (±$64) | +29.5% | No measurable change after inflation |
| Median home value | $115,600 (±$17,232) | $177,200 (±$17,317) | +53.3% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Bloomfield Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Bloomfield Township | — | $62,315 (±$8,108) | — |
| Lagrange | 3.0 mi | $54,492 (±$7,257) | Not measurably different |
| Howe | 5.4 mi | $60,238 (±$48,100) | Not measurably different |
| Springfield Township (LaGrange County) | 5.4 mi | $61,734 (±$12,067) | Not measurably different |
| Clay Township (LaGrange County) | 6.3 mi | $100,648 (±$24,197) | Higher |
| Johnson Township (LaGrange County) | 6.3 mi | $83,795 (±$13,764) | Higher |
| Lima Township | 6.5 mi | $74,083 (±$24,967) | Not measurably different |
| Greenfield Township (LaGrange County) | 6.9 mi | $64,911 (±$52,225) | Not measurably different |
| Milford Township | 8.5 mi | $90,833 (±$22,934) | Higher |
Nearby places with a measurably higher figure: Clay Township (LaGrange County), IN ($100,648), Johnson Township (LaGrange County), IN ($83,795), Milford Township, IN ($90,833).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across LaGrange County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 5 | Newbury Township | $88,633 (±$8,826) |
| 6 | Clearspring Township | $87,768 (±$18,615) |
| 7 | Johnson Township (LaGrange County) | $83,795 (±$13,764) |
| 8 | Lima Township | $74,083 (±$24,967) |
| 9 | Greenfield Township (LaGrange County) | $64,911 (±$52,225) |
| 10 | Topeka | $62,875 (±$9,748) |
| 11 | Bloomfield Township | $62,315 (±$8,108) |
| 12 | Springfield Township (LaGrange County) | $61,734 (±$12,067) |
| 13 | Howe | $60,238 (±$48,100) |
| 14 | Lagrange | $54,492 (±$7,257) |
| 15 | Wolcottville | $53,625 (±$11,254) |
| 16 | Shipshewana | $43,594 (±$21,272) |
Showing 12 of 16 places in LaGrange County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Bloomfield Township
What is the median household income in Bloomfield Township?
The median household income in Bloomfield Township is $62,315 (±$8,108) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Bloomfield Township?
About $32,000 a year, if rent is to stay at or below 30% of income at the median gross rent of $799 a month.
Have incomes in Bloomfield Township kept up with inflation?
In Bloomfield Township, the median household income went from $57,180 in 2015–2019 to $62,315 in 2020–2024 (+9.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Bloomfield Township?
The median renting household in Bloomfield Township, IN earns $39,943 (±$9,007) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Bloomfield township, LaGrange County, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Bloomfield township, LaGrange County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Bloomfield township, LaGrange County, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Bloomfield township, LaGrange County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Bloomfield township, LaGrange County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Bloomfield township, LaGrange County, Indiana
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Bloomfield township, LaGrange County, Indiana (county subdivision:05752, in state:18 county:087).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Renters and owners in Bloomfield Township
- Home values in Bloomfield Township
- Homeowner costs in Bloomfield Township
- Property taxes in Bloomfield Township
- Types of homes in Bloomfield Township
- Bedrooms in Bloomfield Township
- Age of homes in Bloomfield Township
- Vacancy rate in Bloomfield Township
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- Population growth in Bloomfield Township
- How long people stay in Bloomfield Township
- Crowding and facilities in Bloomfield Township
- Indiana landlord and tenant rules
- Housing across LaGrange County
- Indiana places ranked by median household income
- Housing data for every place in Indiana