What is the median household income in Ferdinand, IN?
The median household income in Ferdinand, IN is $70,000 (±$17,673) a year (2020–2024 American Community Survey).
Paying the median gross rent of $807 a month would take about $32,300 a year at the common guideline of spending no more than 30% of income on rent.
In Ferdinand, the median household income went from $58,688 in 2015–2019 to $70,000 in 2020–2024 (+19.3%).
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
- $70,000 (±$17,673)
- Median renter income
- $34,479 (±$16,356)
- Income to afford median rent
- about $32,300
Income in Ferdinand against Dubois County, its state and the nation
| Ferdinand | Dubois County | Indiana | United States | |
|---|---|---|---|---|
| Median household income | $70,000 (±$17,673) | $75,979 (±$4,593) | $71,957 (±$352) | $80,734 |
| Median renter household income | $34,479 (±$16,356) | $42,453 (±$3,377) | $42,811 (±$480) | $52,966 |
| Median owner household income | $81,250 (±$18,989) | $90,580 (±$5,571) | $87,459 (±$395) | $100,009 |
| Median gross rent | $807 (±$123) | $834 (±$40) | $1,062 (±$5) | $1,413 |
In Ferdinand, median household income is not measurably different from Dubois County ($75,979).
It is not measurably different from Indiana ($71,957).
It is not measurably different from the national figure ($80,734).
In Dubois County, Ferdinand ranks 12 of 17 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 810 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 Ferdinand
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 $807 a month ($9,684 a year) needs an income of about $32,300 a year.
The median renting household in Ferdinand earns $34,479 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 | $58,688 (±$8,493) | $70,000 (±$17,673) | +19.3% | No measurable change after inflation |
| Median gross rent | $715 (±$70) | $807 (±$123) | +12.9% | No measurable change after inflation |
| Median home value | $136,000 (±$13,017) | $187,900 (±$17,499) | +38.2% | 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 Ferdinand
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Ferdinand | — | $70,000 (±$17,673) | — |
| Ferdinand Township | 1.1 mi | $82,738 (±$8,704) | Not measurably different |
| Jackson Township (Dubois County) | 6.1 mi | $109,890 (±$15,035) | Higher |
| Dale | 6.6 mi | $61,953 (±$7,827) | Not measurably different |
| Harrison Township (Spencer County) | 6.6 mi | $67,821 (±$15,068) | Not measurably different |
| Carter Township | 7.1 mi | $75,288 (±$16,719) | Not measurably different |
| Clark Township (Perry County) | 7.3 mi | $63,684 (±$23,775) | Not measurably different |
| Huntingburg | 7.4 mi | $54,421 (±$24,545) | Not measurably different |
| Cass Township (Dubois County) | 8.1 mi | $72,339 (±$10,207) | Not measurably different |
Nearby places with a measurably higher figure: Jackson Township (Dubois County), IN ($109,890).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Dubois County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 6 | Marion Township (Dubois County) | $79,667 (±$11,878) |
| 7 | Boone Township (Dubois County) | $76,172 (±$19,379) |
| 8 | Columbia Township (Dubois County) | $72,411 (±$20,603) |
| 9 | Cass Township (Dubois County) | $72,339 (±$10,207) |
| 10 | Holland | $70,313 (±$10,180) |
| 11 | Patoka Township (Dubois County) | $70,197 (±$17,817) |
| 12 | Ferdinand | $70,000 (±$17,673) |
| 13 | Bainbridge Township | $68,918 (±$3,702) |
| 14 | Jasper | $68,817 (±$3,466) |
| 15 | Jefferson Township (Dubois County) | $66,875 (±$22,956) |
| 16 | Birdseye | $55,750 (±$10,769) |
| 17 | Huntingburg | $54,421 (±$24,545) |
Showing 12 of 17 places in Dubois 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 Ferdinand
What is the median household income in Ferdinand?
The median household income in Ferdinand is $70,000 (±$17,673) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Ferdinand?
About $32,300 a year, if rent is to stay at or below 30% of income at the median gross rent of $807 a month.
Have incomes in Ferdinand kept up with inflation?
In Ferdinand, the median household income went from $58,688 in 2015–2019 to $70,000 in 2020–2024 (+19.3%).
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 Ferdinand?
The median renting household in Ferdinand, IN earns $34,479 (±$16,356) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Ferdinand town, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Ferdinand town, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Ferdinand town, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Ferdinand town, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Ferdinand town, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Ferdinand town, 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 Ferdinand town, Indiana (place:22990, in state:18).
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 Ferdinand at a glance
- Median rent in Ferdinand
- Rent burden in Ferdinand
- Renters and owners in Ferdinand
- Home values in Ferdinand
- Homeowner costs in Ferdinand
- Property taxes in Ferdinand
- Types of homes in Ferdinand
- Bedrooms in Ferdinand
- Age of homes in Ferdinand
- Heating fuel in Ferdinand
- Commute and cars in Ferdinand
- Population growth in Ferdinand
- How long people stay in Ferdinand
- Indiana landlord and tenant rules
- Housing across Dubois County
- Indiana places ranked by median household income
- Housing data for every place in Indiana