What is the median household income in Center Township (Hancock County), IN?

The median household income in Center Township (Hancock County), IN is $78,859 (±$3,470) a year (2020–2024 American Community Survey).

Paying the median gross rent of $1,168 a month would take about $46,700 a year at the common guideline of spending no more than 30% of income on rent.

In Center Township (Hancock County), the median household income went from $58,639 in 2015–2019 to $78,859 in 2020–2024 (+34.5%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median household income
$78,859 (±$3,470)
Median renter income
$51,821 (±$7,634)
Income to afford median rent
about $46,700

Income in Center Township (Hancock County) against Hancock County, its state and the nation

Income, estimate (90% margin of error)
Center Township (Hancock County)Hancock CountyIndianaUnited States
Median household income$78,859 (±$3,470)$93,186 (±$2,739)$71,957 (±$352)$80,734
Median renter household income$51,821 (±$7,634)$59,430 (±$10,442)$42,811 (±$480)$52,966
Median owner household income$93,897 (±$9,368)$108,966 (±$3,934)$87,459 (±$395)$100,009
Median gross rent$1,168 (±$68)$1,203 (±$67)$1,062 (±$5)$1,413

In Center Township (Hancock County), median household income is lower than in Hancock County ($93,186).

It is also higher than in Indiana ($71,957).

It is not measurably different from the national figure ($80,734).

In Hancock County, Center Township (Hancock County) ranks 13 of 16 places with a published estimate, from highest to lowest median household income.

Statewide, it ranks 532 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 Center Township (Hancock County)

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 $1,168 a month ($14,016 a year) needs an income of about $46,700 a year.

The median renting household in Center Township (Hancock County) earns $51,821 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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median household income$58,639 (±$2,767)$78,859 (±$3,470)+34.5%Up after inflation
Median gross rent$873 (±$34)$1,168 (±$68)+33.8%Up after inflation
Median home value$145,700 (±$6,179)$223,800 (±$6,357)+53.6%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 Center Township (Hancock County)

Nearest places with a published estimate, compared with Center Township (Hancock County)
PlaceDistanceMedian household incomeCompared with this place
Center Township (Hancock County)—$78,859 (±$3,470)—
Greenfield1.6 mi$76,127 (±$4,651)Not measurably different
Spring Lake5.1 mi$50,938 (±$32,282)Not measurably different
Buck Creek Township5.9 mi$111,224 (±$8,817)Higher
Brandywine Township (Hancock County)6.6 mi$127,171 (±$8,267)Higher
Jackson Township (Hancock County)6.6 mi$95,000 (±$48,907)Not measurably different
Green Township (Hancock County)6.7 mi$82,090 (±$14,382)Not measurably different
Blue River Township (Hancock County)7.5 mi$104,293 (±$37,932)Not measurably different
Vernon Township (Hancock County)8.1 mi$108,370 (±$3,026)Higher

Nearby places with a measurably higher figure: Buck Creek Township, IN ($111,224), Brandywine Township (Hancock County), IN ($127,171), Vernon Township (Hancock County), IN ($108,370).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median household income across Hancock County, place by place

RankPlaceMedian household income
7New Palestine$96,923 (±$10,711)
8Jackson Township (Hancock County)$95,000 (±$48,907)
9Fortville$84,000 (±$14,676)
10Brown Township (Hancock County)$82,734 (±$18,422)
11Green Township (Hancock County)$82,090 (±$14,382)
12Wilkinson$81,250 (±$23,920)
13Center Township (Hancock County)$78,859 (±$3,470)
14Greenfield$76,127 (±$4,651)
15Shirley$67,083 (±$29,296)
16Spring Lake$50,938 (±$32,282)

Showing 10 of 16 places in Hancock 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 Center Township (Hancock County)

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Questions about Center Township (Hancock County)

What is the median household income in Center Township (Hancock County)?

The median household income in Center Township (Hancock County) is $78,859 (±$3,470) a year (2020–2024 American Community Survey).

How much do you need to make to afford rent in Center Township (Hancock County)?

About $46,700 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,168 a month.

Have incomes in Center Township (Hancock County) kept up with inflation?

In Center Township (Hancock County), the median household income went from $58,639 in 2015–2019 to $78,859 in 2020–2024 (+34.5%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

What do renters earn in Center Township (Hancock County)?

The median renting household in Center Township (Hancock County), IN earns $51,821 (±$7,634) a year.

Sources

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 Center township, Hancock County, Indiana (county subdivision:11368, in state:18 county:059).

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.

Request a Census API 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 .

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