What is the median household income in Madison Township (Putnam County), IN?
The median household income in Madison Township (Putnam County), IN is $89,426 (±$13,693) a year (2020–2024 American Community Survey).
In Madison Township (Putnam County), the median household income went from $84,688 in 2015–2019 to $89,426 in 2020–2024 (+5.6%).
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
- $89,426 (±$13,693)
Income in Madison Township (Putnam County) against Putnam County, its state and the nation
| Madison Township (Putnam County) | Putnam County | Indiana | United States | |
|---|---|---|---|---|
| Median household income | $89,426 (±$13,693) | $78,378 (±$6,390) | $71,957 (±$352) | $80,734 |
| Median renter household income | — | $33,992 (±$4,199) | $42,811 (±$480) | $52,966 |
| Median owner household income | $89,235 (±$16,906) | $88,666 (±$2,431) | $87,459 (±$395) | $100,009 |
| Median gross rent | — | $884 (±$41) | $1,062 (±$5) | $1,413 |
In Madison Township (Putnam County), median household income is not measurably different from Putnam County ($78,378).
It is also higher than in Indiana ($71,957).
It is not measurably different from the national figure ($80,734).
In Putnam County, Madison Township (Putnam County) ranks 4 of 20 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 326 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 | $84,688 (±$29,816) | $89,426 (±$13,693) | +5.6% | No measurable change after inflation |
| Median home value | $177,900 (±$80,275) | $324,800 (±$120,887) | +82.6% | 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 Madison Township (Putnam County)
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Madison Township (Putnam County) | — | $89,426 (±$13,693) | — |
| Jackson Township (Parke County) | 5.1 mi | $119,125 (±$29,373) | Not measurably different |
| Clinton Township (Putnam County) | 5.4 mi | $47,917 (±$8,035) | Lower |
| Greencastle Township | 6.2 mi | $65,078 (±$10,121) | Lower |
| Greencastle | 6.4 mi | $55,565 (±$10,751) | Lower |
| Putnamville | 7.2 mi | $150,625 (±$67,558) | Not measurably different |
| Washington Township (Putnam County) | 8.0 mi | $84,179 (±$18,428) | Not measurably different |
| Union Township (Parke County) | 8.1 mi | $75,705 (±$19,505) | Not measurably different |
| Van Buren Township (Clay County) | 8.1 mi | $69,536 (±$8,478) | Lower |
Nearby places with a measurably lower figure: Clinton Township (Putnam County), IN ($47,917), Greencastle Township, IN ($65,078), Greencastle, IN ($55,565).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Putnam County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Marion Township (Putnam County) | $107,891 (±$37,460) |
| 2 | Warren Township (Putnam County) | $103,548 (±$26,047) |
| 3 | Jackson Township (Putnam County) | $99,158 (±$16,393) |
| 4 | Madison Township (Putnam County) | $89,426 (±$13,693) |
| 5 | Floyd Township | $88,442 (±$6,383) |
| 6 | Heritage Lake | $87,568 (±$11,600) |
| 7 | Fillmore | $85,543 (±$7,443) |
| 8 | Franklin Township (Putnam County) | $85,169 (±$29,691) |
| 9 | Washington Township (Putnam County) | $84,179 (±$18,428) |
| 10 | Monroe Township (Putnam County) | $82,083 (±$24,287) |
Showing 10 of 20 places in Putnam 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 Madison Township (Putnam County)
What is the median household income in Madison Township (Putnam County)?
The median household income in Madison Township (Putnam County) is $89,426 (±$13,693) a year (2020–2024 American Community Survey).
Have incomes in Madison Township (Putnam County) kept up with inflation?
In Madison Township (Putnam County), the median household income went from $84,688 in 2015–2019 to $89,426 in 2020–2024 (+5.6%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Madison township, Putnam County, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Madison township, Putnam County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Madison township, Putnam County, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Madison township, Putnam County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Madison township, Putnam County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Madison township, Putnam 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 Madison township, Putnam County, Indiana (county subdivision:46080, in state:18 county:133).
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 Madison Township (Putnam County) at a glance
- Home values in Madison Township (Putnam County)
- Homeowner costs in Madison Township (Putnam County)
- Property taxes in Madison Township (Putnam County)
- Types of homes in Madison Township (Putnam County)
- Age of homes in Madison Township (Putnam County)
- Commute and cars in Madison Township (Putnam County)
- Indiana landlord and tenant rules
- Housing across Putnam County
- Indiana places ranked by median household income
- Housing data for every place in Indiana