What is the median household income in Liberty Township (Wells County), IN?
The median household income in Liberty Township (Wells County), IN is $56,080 (±$5,485) a year (2020–2024 American Community Survey).
In Liberty Township (Wells County), the median household income went from $78,854 in 2015–2019 to $56,080 in 2020–2024 (−28.9%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- Median household income
- $56,080 (±$5,485)
Income in Liberty Township (Wells County) against Wells County, its state and the nation
| Liberty Township (Wells County) | Wells County | Indiana | United States | |
|---|---|---|---|---|
| Median household income | $56,080 (±$5,485) | $71,957 (±$3,917) | $71,957 (±$352) | $80,734 |
| Median renter household income | — | $41,238 (±$4,873) | $42,811 (±$480) | $52,966 |
| Median owner household income | $56,458 (±$6,034) | $83,277 (±$3,496) | $87,459 (±$395) | $100,009 |
| Median gross rent | — | $813 (±$70) | $1,062 (±$5) | $1,413 |
In Liberty Township (Wells County), median household income is lower than in Wells County ($71,957).
It is also lower than in Indiana ($71,957).
It is lower than the national figure ($80,734).
In Wells County, Liberty Township (Wells County) ranks 15 of 15 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1248 of 1,568.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $78,854 (±$29,406) | $56,080 (±$5,485) | −28.9% | Down after inflation |
| Median home value | $137,700 (±$19,721) | $124,700 (±$39,869) | −9.4% | 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 Liberty Township (Wells County)
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Liberty Township (Wells County) | — | $56,080 (±$5,485) | — |
| Poneto | 4.1 mi | $63,750 (±$30,974) | Not measurably different |
| Chester Township (Wells County) | 5.6 mi | $84,861 (±$40,954) | Not measurably different |
| Bluffton | 6.4 mi | $57,539 (±$5,274) | Not measurably different |
| Rockcreek Township | 6.5 mi | $86,339 (±$22,441) | Higher |
| Salamonie Township | 6.5 mi | $70,950 (±$8,725) | Higher |
| Harrison Township (Wells County) | 6.9 mi | $61,689 (±$7,307) | Not measurably different |
| Warren | 7.7 mi | $67,885 (±$12,504) | Not measurably different |
| Jackson Township (Wells County) | 7.8 mi | $85,438 (±$11,206) | Higher |
Nearby places with a measurably higher figure: Rockcreek Township, IN ($86,339), Salamonie Township, IN ($70,950), Jackson Township (Wells County), IN ($85,438).
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 |
|---|---|---|
| 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) |
| 14 | Bluffton | $57,539 (±$5,274) |
| 15 | Liberty Township (Wells County) | $56,080 (±$5,485) |
Showing 7 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 Liberty Township (Wells County)
What is the median household income in Liberty Township (Wells County)?
The median household income in Liberty Township (Wells County) is $56,080 (±$5,485) a year (2020–2024 American Community Survey).
Have incomes in Liberty Township (Wells County) kept up with inflation?
In Liberty Township (Wells County), the median household income went from $78,854 in 2015–2019 to $56,080 in 2020–2024 (−28.9%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Liberty township, Wells County, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Liberty township, Wells County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Liberty township, Wells County, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Liberty township, Wells County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Liberty township, Wells County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Liberty 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 Liberty township, Wells County, Indiana (county subdivision:43506, 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 Liberty Township (Wells County) at a glance
- Home values in Liberty Township (Wells County)
- Homeowner costs in Liberty Township (Wells County)
- Property taxes in Liberty Township (Wells County)
- Types of homes in Liberty Township (Wells County)
- Age of homes in Liberty Township (Wells County)
- Heating fuel in Liberty Township (Wells County)
- Commute and cars in Liberty Township (Wells County)
- Population growth in Liberty 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