What is the median household income in Honey Creek Township (Vigo County), IN?
The median household income in Honey Creek Township (Vigo County), IN is $65,458 (±$5,613) a year (2020–2024 American Community Survey).
Paying the median gross rent of $980 a month would take about $39,200 a year at the common guideline of spending no more than 30% of income on rent.
In Honey Creek Township (Vigo County), the median household income went from $52,845 in 2015–2019 to $65,458 in 2020–2024 (+23.9%).
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
- $65,458 (±$5,613)
- Median renter income
- $46,066 (±$7,930)
- Income to afford median rent
- about $39,200
Income in Honey Creek Township (Vigo County) against Vigo County, its state and the nation
| Honey Creek Township (Vigo County) | Vigo County | Indiana | United States | |
|---|---|---|---|---|
| Median household income | $65,458 (±$5,613) | $52,976 (±$2,432) | $71,957 (±$352) | $80,734 |
| Median renter household income | $46,066 (±$7,930) | $32,055 (±$1,905) | $42,811 (±$480) | $52,966 |
| Median owner household income | $93,876 (±$6,255) | $71,893 (±$3,375) | $87,459 (±$395) | $100,009 |
| Median gross rent | $980 (±$91) | $924 (±$27) | $1,062 (±$5) | $1,413 |
In Honey Creek Township (Vigo County), median household income is higher than in Vigo County ($52,976).
It is also lower than in Indiana ($71,957).
It is lower than the national figure ($80,734).
In Vigo County, Honey Creek Township (Vigo County) ranks 9 of 17 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 942 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 Honey Creek Township (Vigo 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 $980 a month ($11,760 a year) needs an income of about $39,200 a year.
The median renting household in Honey Creek Township (Vigo County) earns $46,066 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 | $52,845 (±$6,724) | $65,458 (±$5,613) | +23.9% | No measurable change after inflation |
| Median gross rent | $807 (±$52) | $980 (±$91) | +21.4% | No measurable change after inflation |
| Median home value | $134,700 (±$13,622) | $181,300 (±$23,648) | +34.6% | 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 Honey Creek Township (Vigo County)
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Honey Creek Township (Vigo County) | — | $65,458 (±$5,613) | — |
| Prairieton Township | 4.8 mi | $46,528 (±$18,744) | Not measurably different |
| Terre Haute | 5.3 mi | $43,126 (±$2,119) | Lower |
| West Terre Haute | 5.4 mi | $53,676 (±$8,033) | Lower |
| Riley | 5.8 mi | $77,083 (±$42,038) | Not measurably different |
| Harrison Township (Vigo County) | 5.9 mi | $41,155 (±$2,502) | Lower |
| Linton Township | 5.9 mi | $98,611 (±$24,128) | Higher |
| Riley Township | 6.0 mi | $97,300 (±$15,360) | Higher |
| Sugar Creek Township (Vigo County) | 6.4 mi | $55,625 (±$10,442) | Not measurably different |
Nearby places with a measurably lower figure: Terre Haute, IN ($43,126), West Terre Haute, IN ($53,676), Harrison Township (Vigo County), IN ($41,155).
Nearby places with a measurably higher figure: Linton Township, IN ($98,611), Riley Township, IN ($97,300).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Vigo County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 3 | Fayette Township | $86,857 (±$11,751) |
| 4 | Riley | $77,083 (±$42,038) |
| 5 | Pierson Township | $71,875 (±$29,748) |
| 6 | Otter Creek Township (Vigo County) | $71,732 (±$8,667) |
| 7 | Lost Creek Township | $67,471 (±$14,053) |
| 8 | Nevins Township | $66,131 (±$29,050) |
| 9 | Honey Creek Township (Vigo County) | $65,458 (±$5,613) |
| 10 | Seelyville | $56,994 (±$15,368) |
| 11 | Sugar Creek Township (Vigo County) | $55,625 (±$10,442) |
| 12 | North Terre Haute | $54,640 (±$14,285) |
| 13 | West Terre Haute | $53,676 (±$8,033) |
| 14 | Prairieton Township | $46,528 (±$18,744) |
| 15 | Terre Haute | $43,126 (±$2,119) |
Showing 13 of 17 places in Vigo 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 Honey Creek Township (Vigo County)
What is the median household income in Honey Creek Township (Vigo County)?
The median household income in Honey Creek Township (Vigo County) is $65,458 (±$5,613) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Honey Creek Township (Vigo County)?
About $39,200 a year, if rent is to stay at or below 30% of income at the median gross rent of $980 a month.
Have incomes in Honey Creek Township (Vigo County) kept up with inflation?
In Honey Creek Township (Vigo County), the median household income went from $52,845 in 2015–2019 to $65,458 in 2020–2024 (+23.9%).
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 Honey Creek Township (Vigo County)?
The median renting household in Honey Creek Township (Vigo County), IN earns $46,066 (±$7,930) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Honey Creek township, Vigo County, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Honey Creek township, Vigo County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Honey Creek township, Vigo County, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Honey Creek township, Vigo County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Honey Creek township, Vigo County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Honey Creek township, Vigo 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 Honey Creek township, Vigo County, Indiana (county subdivision:34546, in state:18 county:167).
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 Honey Creek Township (Vigo County) at a glance
- Median rent in Honey Creek Township (Vigo County)
- Rent by bedrooms in Honey Creek Township (Vigo County)
- Rent burden in Honey Creek Township (Vigo County)
- Renters and owners in Honey Creek Township (Vigo County)
- Home values in Honey Creek Township (Vigo County)
- Homeowner costs in Honey Creek Township (Vigo County)
- Property taxes in Honey Creek Township (Vigo County)
- Types of homes in Honey Creek Township (Vigo County)
- Bedrooms in Honey Creek Township (Vigo County)
- Age of homes in Honey Creek Township (Vigo County)
- Vacancy rate in Honey Creek Township (Vigo County)
- Heating fuel in Honey Creek Township (Vigo County)
- Commute and cars in Honey Creek Township (Vigo County)
- Population growth in Honey Creek Township (Vigo County)
- How long people stay in Honey Creek Township (Vigo County)
- Crowding and facilities in Honey Creek Township (Vigo County)
- Indiana landlord and tenant rules
- Housing across Vigo County
- Indiana places ranked by median household income
- Housing data for every place in Indiana