What is the median household income in Boone Township (Madison County), IN?
The median household income in Boone Township (Madison County), IN is $110,116 (±$22,021) a year (2020–2024 American Community Survey).
In Boone Township (Madison County), the median household income went from $80,926 in 2015–2019 to $110,116 in 2020–2024 (+36.1%).
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
- $110,116 (±$22,021)
Income in Boone Township (Madison County) against Madison County, its state and the nation
| Boone Township (Madison County) | Madison County | Indiana | United States | |
|---|---|---|---|---|
| Median household income | $110,116 (±$22,021) | $63,037 (±$2,053) | $71,957 (±$352) | $80,734 |
| Median renter household income | — | $36,650 (±$4,568) | $42,811 (±$480) | $52,966 |
| Median owner household income | $110,116 (±$22,021) | $75,613 (±$1,591) | $87,459 (±$395) | $100,009 |
| Median gross rent | — | $939 (±$24) | $1,062 (±$5) | $1,413 |
In Boone Township (Madison County), median household income is higher than in Madison County ($63,037).
It is also higher than in Indiana ($71,957).
It is higher than the national figure ($80,734).
In Madison County, Boone Township (Madison County) ranks 2 of 28 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 104 of 1,568.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $80,926 (±$12,087) | $110,116 (±$22,021) | +36.1% | No measurable change after inflation |
| Median home value | $187,500 (±$97,127) | $203,400 (±$52,450) | +8.5% | No measurable change 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 Boone Township (Madison County)
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Boone Township (Madison County) | — | $110,116 (±$22,021) | — |
| Summitville | 4.5 mi | $52,946 (±$9,308) | Lower |
| Orestes | 4.9 mi | $43,125 (±$27,170) | Lower |
| Duck Creek Township | 5.0 mi | $115,170 (±$62,022) | Not measurably different |
| Van Buren Township (Madison County) | 5.5 mi | $56,250 (±$12,136) | Lower |
| Liberty Township (Grant County) | 5.7 mi | $91,483 (±$16,247) | Not measurably different |
| Alexandria | 6.2 mi | $64,317 (±$10,327) | Lower |
| Monroe Township (Madison County) | 6.4 mi | $67,409 (±$13,196) | Lower |
| Fairmount | 6.7 mi | $51,739 (±$11,263) | Lower |
Nearby places with a measurably lower figure: Summitville, IN ($52,946), Orestes, IN ($43,125), Van Buren Township (Madison County), IN ($56,250).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Madison County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Duck Creek Township | $115,170 (±$62,022) |
| 2 | Boone Township (Madison County) | $110,116 (±$22,021) |
| 3 (tie) | Country Club Heights | $110,000 (±$89,825) |
| 3 (tie) | Woodlawn Heights | $110,000 (±$44,743) |
| 5 | Jackson Township (Madison County) | $101,908 (±$28,738) |
| 6 | Green Township (Madison County) | $96,875 (±$21,032) |
| 7 | Fall Creek Township (Madison County) | $90,726 (±$6,994) |
| 8 | Markleville | $89,167 (±$28,347) |
Showing 8 of 28 places in Madison 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 Boone Township (Madison County)
What is the median household income in Boone Township (Madison County)?
The median household income in Boone Township (Madison County) is $110,116 (±$22,021) a year (2020–2024 American Community Survey).
Have incomes in Boone Township (Madison County) kept up with inflation?
In Boone Township (Madison County), the median household income went from $80,926 in 2015–2019 to $110,116 in 2020–2024 (+36.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Boone township, Madison County, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Boone township, Madison County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Boone township, Madison County, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Boone township, Madison County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Boone township, Madison County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Boone township, Madison 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 Boone township, Madison County, Indiana (county subdivision:06562, in state:18 county:095).
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
- Housing in Boone Township (Madison County) at a glance
- Home values in Boone Township (Madison County)
- Homeowner costs in Boone Township (Madison County)
- Property taxes in Boone Township (Madison County)
- Types of homes in Boone Township (Madison County)
- Age of homes in Boone Township (Madison County)
- Heating fuel in Boone Township (Madison County)
- Commute and cars in Boone Township (Madison County)
- Indiana landlord and tenant rules
- Housing across Madison County
- Indiana places ranked by median household income
- Housing data for every place in Indiana