What is the median household income in Clearspring Township, IN?
The median household income in Clearspring Township, IN is $87,768 (±$18,615) a year (2020–2024 American Community Survey).
Paying the median gross rent of $914 a month would take about $36,600 a year at the common guideline of spending no more than 30% of income on rent.
In Clearspring Township, the median household income went from $67,317 in 2015–2019 to $87,768 in 2020–2024 (+30.4%).
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
- $87,768 (±$18,615)
- Median renter income
- $44,173 (±$11,929)
- Income to afford median rent
- about $36,600
Income in Clearspring Township against LaGrange County, its state and the nation
| Clearspring Township | LaGrange County | Indiana | United States | |
|---|---|---|---|---|
| Median household income | $87,768 (±$18,615) | $84,487 (±$3,736) | $71,957 (±$352) | $80,734 |
| Median renter household income | $44,173 (±$11,929) | $55,341 (±$14,783) | $42,811 (±$480) | $52,966 |
| Median owner household income | $101,250 (±$23,496) | $91,705 (±$3,874) | $87,459 (±$395) | $100,009 |
| Median gross rent | $914 (±$132) | $839 (±$24) | $1,062 (±$5) | $1,413 |
In Clearspring Township, median household income is not measurably different from LaGrange County ($84,487).
It is not measurably different from Indiana ($71,957).
It is not measurably different from the national figure ($80,734).
In LaGrange County, Clearspring Township ranks 6 of 16 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 349 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 Clearspring 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 $914 a month ($10,968 a year) needs an income of about $36,600 a year.
The median renting household in Clearspring Township earns $44,173 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 | $67,317 (±$6,964) | $87,768 (±$18,615) | +30.4% | No measurable change after inflation |
| Median gross rent | $765 (±$132) | $914 (±$132) | +19.5% | No measurable change after inflation |
| Median home value | $278,000 (±$23,965) | $293,900 (±$71,087) | +5.7% | 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 Clearspring Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Clearspring Township | — | $87,768 (±$18,615) | — |
| Topeka | 3.4 mi | $62,875 (±$9,748) | Lower |
| Eden Township | 5.0 mi | $91,067 (±$6,850) | Not measurably different |
| Elkhart Township (Noble County) | 5.3 mi | $78,672 (±$31,285) | Not measurably different |
| Clay Township (LaGrange County) | 6.8 mi | $100,648 (±$24,197) | Not measurably different |
| Lagrange | 6.9 mi | $54,492 (±$7,257) | Lower |
| Johnson Township (LaGrange County) | 6.9 mi | $83,795 (±$13,764) | Not measurably different |
| Wolcottville | 7.0 mi | $53,625 (±$11,254) | Lower |
| Newbury Township | 8.0 mi | $88,633 (±$8,826) | Not measurably different |
Nearby places with a measurably lower figure: Topeka, IN ($62,875), Lagrange, IN ($54,492), Wolcottville, IN ($53,625).
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 |
|---|---|---|
| 1 | Clay Township (LaGrange County) | $100,648 (±$24,197) |
| 2 | Van Buren Township (LaGrange County) | $100,385 (±$15,379) |
| 3 | Eden Township | $91,067 (±$6,850) |
| 4 | Milford Township | $90,833 (±$22,934) |
| 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) |
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 Clearspring Township
What is the median household income in Clearspring Township?
The median household income in Clearspring Township is $87,768 (±$18,615) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Clearspring Township?
About $36,600 a year, if rent is to stay at or below 30% of income at the median gross rent of $914 a month.
Have incomes in Clearspring Township kept up with inflation?
In Clearspring Township, the median household income went from $67,317 in 2015–2019 to $87,768 in 2020–2024 (+30.4%).
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 Clearspring Township?
The median renting household in Clearspring Township, IN earns $44,173 (±$11,929) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Clearspring township, LaGrange County, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Clearspring township, LaGrange County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Clearspring township, LaGrange County, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Clearspring township, LaGrange County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Clearspring township, LaGrange County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Clearspring 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 Clearspring township, LaGrange County, Indiana (county subdivision:13456, 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
- Housing in Clearspring Township at a glance
- Median rent in Clearspring Township
- Renters and owners in Clearspring Township
- Home values in Clearspring Township
- Homeowner costs in Clearspring Township
- Property taxes in Clearspring Township
- Types of homes in Clearspring Township
- Bedrooms in Clearspring Township
- Age of homes in Clearspring Township
- Heating fuel in Clearspring Township
- Commute and cars in Clearspring Township
- Population growth in Clearspring Township
- How long people stay in Clearspring Township
- Crowding and facilities in Clearspring Township
- Indiana landlord and tenant rules
- Housing across LaGrange County
- Indiana places ranked by median household income
- Housing data for every place in Indiana