What is the median household income in Lincoln Township (Hendricks County), IN?
The median household income in Lincoln Township (Hendricks County), IN is $103,086 (±$6,692) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,452 a month would take about $58,100 a year at the common guideline of spending no more than 30% of income on rent.
In Lincoln Township (Hendricks County), the median household income went from $86,453 in 2015–2019 to $103,086 in 2020–2024 (+19.2%).
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
- $103,086 (±$6,692)
- Median renter income
- $63,266 (±$10,051)
- Income to afford median rent
- about $58,100
Income in Lincoln Township (Hendricks County) against Hendricks County, its state and the nation
| Lincoln Township (Hendricks County) | Hendricks County | Indiana | United States | |
|---|---|---|---|---|
| Median household income | $103,086 (±$6,692) | $101,144 (±$2,791) | $71,957 (±$352) | $80,734 |
| Median renter household income | $63,266 (±$10,051) | $61,028 (±$3,309) | $42,811 (±$480) | $52,966 |
| Median owner household income | $119,702 (±$4,720) | $116,391 (±$2,485) | $87,459 (±$395) | $100,009 |
| Median gross rent | $1,452 (±$92) | $1,436 (±$48) | $1,062 (±$5) | $1,413 |
In Lincoln Township (Hendricks County), median household income is not measurably different from Hendricks County ($101,144).
It is also higher than in Indiana ($71,957).
It is higher than the national figure ($80,734).
In Hendricks County, Lincoln Township (Hendricks County) ranks 6 of 23 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 152 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 Lincoln Township (Hendricks 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 $1,452 a month ($17,424 a year) needs an income of about $58,100 a year.
The median renting household in Lincoln Township (Hendricks County) earns $63,266 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 | $86,453 (±$6,211) | $103,086 (±$6,692) | +19.2% | No measurable change after inflation |
| Median gross rent | $1,148 (±$50) | $1,452 (±$92) | +26.5% | No measurable change after inflation |
| Median home value | $194,300 (±$11,132) | $303,500 (±$13,528) | +56.2% | 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 Lincoln Township (Hendricks County)
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Lincoln Township (Hendricks County) | — | $103,086 (±$6,692) | — |
| Brownsburg | 0.6 mi | $102,235 (±$5,773) | Not measurably different |
| Clermont | 3.4 mi | $82,083 (±$18,495) | Lower |
| Avon | 4.5 mi | $98,486 (±$7,607) | Not measurably different |
| Washington Township (Hendricks County) | 4.5 mi | $100,090 (±$5,151) | Not measurably different |
| Brown Township (Hendricks County) | 5.1 mi | $140,108 (±$8,474) | Higher |
| Middle Township | 5.3 mi | $125,065 (±$6,083) | Higher |
| Pittsboro | 5.4 mi | $126,023 (±$7,039) | Higher |
| Pike Township (Marion County) | 7.1 mi | $69,398 (±$2,652) | Lower |
Nearby places with a measurably lower figure: Clermont, IN ($82,083), Pike Township (Marion County), IN ($69,398).
Nearby places with a measurably higher figure: Brown Township (Hendricks County), IN ($140,108), Middle Township, IN ($125,065), Pittsboro, IN ($126,023).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Hendricks County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Brown Township (Hendricks County) | $140,108 (±$8,474) |
| 2 | Pittsboro | $126,023 (±$7,039) |
| 3 | Middle Township | $125,065 (±$6,083) |
| 4 | Marion Township (Hendricks County) | $106,250 (±$15,465) |
| 5 | Franklin Township (Hendricks County) | $104,500 (±$44,733) |
| 6 | Lincoln Township (Hendricks County) | $103,086 (±$6,692) |
| 7 | Brownsburg | $102,235 (±$5,773) |
| 8 | Washington Township (Hendricks County) | $100,090 (±$5,151) |
| 9 | Clay Township (Hendricks County) | $99,792 (±$19,804) |
| 10 | Avon | $98,486 (±$7,607) |
| 11 | Danville | $97,083 (±$10,338) |
| 12 | Center Township (Hendricks County) | $97,017 (±$6,108) |
Showing 12 of 23 places in Hendricks 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 Lincoln Township (Hendricks County)
What is the median household income in Lincoln Township (Hendricks County)?
The median household income in Lincoln Township (Hendricks County) is $103,086 (±$6,692) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Lincoln Township (Hendricks County)?
About $58,100 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,452 a month.
Have incomes in Lincoln Township (Hendricks County) kept up with inflation?
In Lincoln Township (Hendricks County), the median household income went from $86,453 in 2015–2019 to $103,086 in 2020–2024 (+19.2%).
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 Lincoln Township (Hendricks County)?
The median renting household in Lincoln Township (Hendricks County), IN earns $63,266 (±$10,051) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Lincoln township, Hendricks County, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lincoln township, Hendricks County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lincoln township, Hendricks County, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Lincoln township, Hendricks County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lincoln township, Hendricks County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lincoln township, Hendricks 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 Lincoln township, Hendricks County, Indiana (county subdivision:43794, in state:18 county:063).
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 Lincoln Township (Hendricks County) at a glance
- Median rent in Lincoln Township (Hendricks County)
- Rent by bedrooms in Lincoln Township (Hendricks County)
- Rent burden in Lincoln Township (Hendricks County)
- Renters and owners in Lincoln Township (Hendricks County)
- Home values in Lincoln Township (Hendricks County)
- Homeowner costs in Lincoln Township (Hendricks County)
- Property taxes in Lincoln Township (Hendricks County)
- Types of homes in Lincoln Township (Hendricks County)
- Bedrooms in Lincoln Township (Hendricks County)
- Age of homes in Lincoln Township (Hendricks County)
- Heating fuel in Lincoln Township (Hendricks County)
- Commute and cars in Lincoln Township (Hendricks County)
- Population growth in Lincoln Township (Hendricks County)
- How long people stay in Lincoln Township (Hendricks County)
- Crowding and facilities in Lincoln Township (Hendricks County)
- Fair Market Rent in Lincoln Township (Hendricks County)
- Indiana landlord and tenant rules
- Housing across Hendricks County
- Indiana places ranked by median household income
- Housing data for every place in Indiana