What is the median household income in Jefferson Township (Wells County), IN?
The median household income in Jefferson Township (Wells County), IN is $73,736 (±$8,216) a year (2020–2024 American Community Survey).
Paying the median gross rent of $913 a month would take about $36,500 a year at the common guideline of spending no more than 30% of income on rent.
In Jefferson Township (Wells County), the median household income went from $63,550 in 2015–2019 to $73,736 in 2020–2024 (+16.0%).
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
- $73,736 (±$8,216)
- Median renter income
- $48,079 (±$6,840)
- Income to afford median rent
- about $36,500
Income in Jefferson Township (Wells County) against Wells County, its state and the nation
| Jefferson Township (Wells County) | Wells County | Indiana | United States | |
|---|---|---|---|---|
| Median household income | $73,736 (±$8,216) | $71,957 (±$3,917) | $71,957 (±$352) | $80,734 |
| Median renter household income | $48,079 (±$6,840) | $41,238 (±$4,873) | $42,811 (±$480) | $52,966 |
| Median owner household income | $83,302 (±$8,868) | $83,277 (±$3,496) | $87,459 (±$395) | $100,009 |
| Median gross rent | $913 (±$97) | $813 (±$70) | $1,062 (±$5) | $1,413 |
In Jefferson Township (Wells County), median household income is not measurably different from Wells County ($71,957).
It is not measurably different from Indiana ($71,957).
It is not measurably different from the national figure ($80,734).
In Wells County, Jefferson Township (Wells County) ranks 7 of 15 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 701 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 Jefferson Township (Wells 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 $913 a month ($10,956 a year) needs an income of about $36,500 a year.
The median renting household in Jefferson Township (Wells County) earns $48,079 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 | $63,550 (±$8,134) | $73,736 (±$8,216) | +16.0% | No measurable change after inflation |
| Median gross rent | $723 (±$52) | $913 (±$97) | +26.3% | No measurable change after inflation |
| Median home value | $127,600 (±$11,189) | $206,000 (±$30,229) | +61.4% | 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 Jefferson Township (Wells County)
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Jefferson Township (Wells County) | — | $73,736 (±$8,216) | — |
| Ossian | 1.2 mi | $71,563 (±$12,246) | Not measurably different |
| Uniondale | 5.5 mi | $84,375 (±$22,750) | Not measurably different |
| Preble Township | 5.5 mi | $78,125 (±$30,201) | Not measurably different |
| Lancaster Township (Wells County) | 6.2 mi | $76,563 (±$10,919) | Not measurably different |
| Pleasant Township (Allen County) | 6.3 mi | $75,678 (±$6,567) | Not measurably different |
| Union Township (Wells County) | 6.6 mi | $86,116 (±$11,725) | Not measurably different |
| Zanesville | 7.6 mi | $67,212 (±$21,371) | Not measurably different |
| Marion Township (Allen County) | 7.9 mi | $68,000 (±$21,895) | 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 Wells County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Rockcreek Township | $86,339 (±$22,441) |
| 2 | Union Township (Wells County) | $86,116 (±$11,725) |
| 3 | Jackson Township (Wells County) | $85,438 (±$11,206) |
| 4 | Chester Township (Wells County) | $84,861 (±$40,954) |
| 5 | Uniondale | $84,375 (±$22,750) |
| 6 | Lancaster Township (Wells County) | $76,563 (±$10,919) |
| 7 | Jefferson Township (Wells County) | $73,736 (±$8,216) |
| 8 | Ossian | $71,563 (±$12,246) |
| 9 | Vera Cruz | $70,000 (±$46,722) |
| 10 | Zanesville | $67,212 (±$21,371) |
| 11 | Nottingham Township | $64,737 (±$50,318) |
| 12 | Poneto | $63,750 (±$30,974) |
| 13 | Harrison Township (Wells County) | $61,689 (±$7,307) |
Showing 13 of 15 places in Wells 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 Jefferson Township (Wells County)
What is the median household income in Jefferson Township (Wells County)?
The median household income in Jefferson Township (Wells County) is $73,736 (±$8,216) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Jefferson Township (Wells County)?
About $36,500 a year, if rent is to stay at or below 30% of income at the median gross rent of $913 a month.
Have incomes in Jefferson Township (Wells County) kept up with inflation?
In Jefferson Township (Wells County), the median household income went from $63,550 in 2015–2019 to $73,736 in 2020–2024 (+16.0%).
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 Jefferson Township (Wells County)?
The median renting household in Jefferson Township (Wells County), IN earns $48,079 (±$6,840) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Jefferson township, Wells County, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Jefferson township, Wells County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Jefferson township, Wells County, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Jefferson township, Wells County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Jefferson township, Wells County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Jefferson township, Wells 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 Jefferson township, Wells County, Indiana (county subdivision:38304, in state:18 county:179).
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 Jefferson Township (Wells County) at a glance
- Median rent in Jefferson Township (Wells County)
- Rent by bedrooms in Jefferson Township (Wells County)
- Renters and owners in Jefferson Township (Wells County)
- Home values in Jefferson Township (Wells County)
- Homeowner costs in Jefferson Township (Wells County)
- Property taxes in Jefferson Township (Wells County)
- Types of homes in Jefferson Township (Wells County)
- Bedrooms in Jefferson Township (Wells County)
- Age of homes in Jefferson Township (Wells County)
- Heating fuel in Jefferson Township (Wells County)
- Commute and cars in Jefferson Township (Wells County)
- Population growth in Jefferson Township (Wells County)
- How long people stay in Jefferson Township (Wells County)
- Indiana landlord and tenant rules
- Housing across Wells County
- Indiana places ranked by median household income
- Housing data for every place in Indiana