What is the median household income in Cain Township, IN?
The median household income in Cain Township, IN is $84,205 (±$22,938) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,013 a month would take about $40,500 a year at the common guideline of spending no more than 30% of income on rent.
In Cain Township, the median household income went from $62,891 in 2015–2019 to $84,205 in 2020–2024 (+33.9%).
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
- $84,205 (±$22,938)
- Median renter income
- $55,833 (±$19,654)
- Income to afford median rent
- about $40,500
Income in Cain Township against Fountain County, its state and the nation
| Cain Township | Fountain County | Indiana | United States | |
|---|---|---|---|---|
| Median household income | $84,205 (±$22,938) | $62,542 (±$5,103) | $71,957 (±$352) | $80,734 |
| Median renter household income | $55,833 (±$19,654) | $46,739 (±$9,895) | $42,811 (±$480) | $52,966 |
| Median owner household income | $90,625 (±$22,610) | $68,501 (±$3,506) | $87,459 (±$395) | $100,009 |
| Median gross rent | $1,013 (±$263) | $843 (±$55) | $1,062 (±$5) | $1,413 |
In Cain Township, median household income is not measurably different from Fountain County ($62,542).
It is not measurably different from Indiana ($71,957).
It is not measurably different from the national figure ($80,734).
In Fountain County, Cain Township ranks 4 of 19 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 428 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 Cain 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 $1,013 a month ($12,156 a year) needs an income of about $40,500 a year.
The median renting household in Cain Township earns $55,833 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 | $62,891 (±$6,320) | $84,205 (±$22,938) | +33.9% | No measurable change after inflation |
| Median gross rent | $980 (±$192) | $1,013 (±$263) | +3.4% | No measurable change after inflation |
| Median home value | $97,100 (±$14,931) | $133,500 (±$35,079) | +37.5% | 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 Cain Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Cain Township | — | $84,205 (±$22,938) | — |
| Hillsboro | 1.8 mi | $70,769 (±$23,894) | Not measurably different |
| Waynetown | 4.6 mi | $60,583 (±$5,755) | Not measurably different |
| Mellott | 5.6 mi | $86,000 (±$27,324) | Not measurably different |
| Jackson Township (Fountain County) | 5.8 mi | $77,000 (±$22,879) | Not measurably different |
| Veedersburg | 6.0 mi | $58,145 (±$15,505) | Not measurably different |
| Van Buren Township (Fountain County) | 6.3 mi | $58,173 (±$13,178) | Not measurably different |
| Wayne Township (Montgomery County) | 6.4 mi | $63,808 (±$9,773) | Not measurably different |
| Wallace | 6.6 mi | $75,500 (±$36,787) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Fountain County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Richland Township (Fountain County) | $102,422 (±$16,692) |
| 2 | Shawnee Township | $87,536 (±$33,539) |
| 3 | Mellott | $86,000 (±$27,324) |
| 4 | Cain Township | $84,205 (±$22,938) |
| 5 | Jackson Township (Fountain County) | $77,000 (±$22,879) |
| 6 | Wallace | $75,500 (±$36,787) |
| 7 | Hillsboro | $70,769 (±$23,894) |
| 8 | Davis Township (Fountain County) | $70,052 (±$14,017) |
| 9 | Attica | $68,931 (±$5,800) |
| 10 | Logan Township (Fountain County) | $68,444 (±$6,499) |
Showing 10 of 19 places in Fountain 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.
What you can do on Seayora in Cain Township
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Questions about Cain Township
What is the median household income in Cain Township?
The median household income in Cain Township is $84,205 (±$22,938) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Cain Township?
About $40,500 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,013 a month.
Have incomes in Cain Township kept up with inflation?
In Cain Township, the median household income went from $62,891 in 2015–2019 to $84,205 in 2020–2024 (+33.9%).
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 Cain Township?
The median renting household in Cain Township, IN earns $55,833 (±$19,654) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Cain township, Fountain County, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Cain township, Fountain County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Cain township, Fountain County, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Cain township, Fountain County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Cain township, Fountain County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Cain township, Fountain 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 Cain township, Fountain County, Indiana (county subdivision:09748, in state:18 county:045).
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 Cain Township at a glance
- Home values in Cain Township
- Homeowner costs in Cain Township
- Property taxes in Cain Township
- Types of homes in Cain Township
- Bedrooms in Cain Township
- Age of homes in Cain Township
- Heating fuel in Cain Township
- Commute and cars in Cain Township
- Population growth in Cain Township
- How long people stay in Cain Township
- Indiana landlord and tenant rules
- Housing across Fountain County
- Indiana places ranked by median household income
- Housing data for every place in Indiana