What is the median household income in Michigan Township (LaPorte County), IN?
The median household income in Michigan Township (LaPorte County), IN is $58,356 (±$3,599) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,023 a month would take about $40,900 a year at the common guideline of spending no more than 30% of income on rent.
In Michigan Township (LaPorte County), the median household income went from $44,767 in 2015–2019 to $58,356 in 2020–2024 (+30.4%).
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
- $58,356 (±$3,599)
- Median renter income
- $40,445 (±$5,117)
- Income to afford median rent
- about $40,900
Income in Michigan Township (LaPorte County) against LaPorte County, its state and the nation
| Michigan Township (LaPorte County) | LaPorte County | Indiana | United States | |
|---|---|---|---|---|
| Median household income | $58,356 (±$3,599) | $71,055 (±$2,241) | $71,957 (±$352) | $80,734 |
| Median renter household income | $40,445 (±$5,117) | $41,095 (±$3,085) | $42,811 (±$480) | $52,966 |
| Median owner household income | $70,762 (±$6,564) | $82,005 (±$2,187) | $87,459 (±$395) | $100,009 |
| Median gross rent | $1,023 (±$57) | $976 (±$30) | $1,062 (±$5) | $1,413 |
In Michigan Township (LaPorte County), median household income is lower than in LaPorte County ($71,055).
It is also lower than in Indiana ($71,957).
It is lower than the national figure ($80,734).
In LaPorte County, Michigan Township (LaPorte County) ranks 29 of 32 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1183 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 Michigan Township (LaPorte 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 $1,023 a month ($12,276 a year) needs an income of about $40,900 a year.
The median renting household in Michigan Township (LaPorte County) earns $40,445 a year, less than that.
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 | $44,767 (±$2,962) | $58,356 (±$3,599) | +30.4% | No measurable change after inflation |
| Median gross rent | $792 (±$30) | $1,023 (±$57) | +29.2% | No measurable change after inflation |
| Median home value | $97,400 (±$4,340) | $153,100 (±$6,561) | +57.2% | 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 Michigan Township (LaPorte County)
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Michigan Township (LaPorte County) | — | $58,356 (±$3,599) | — |
| Pottawattamie Park | 0.7 mi | $103,889 (±$22,221) | Higher |
| Long Beach | 1.2 mi | $121,827 (±$18,392) | Higher |
| Michigan City | 1.7 mi | $53,089 (±$4,337) | Not measurably different |
| Trail Creek | 2.6 mi | $77,635 (±$11,548) | Higher |
| Michiana Shores | 3.0 mi | $91,250 (±$25,334) | Higher |
| Michiana | 3.6 mi | $167,500 (±$36,527) | Higher |
| Grand Beach | 4.9 mi | $83,750 (±$79,727) | Not measurably different |
| Town of Pines | 5.4 mi | $55,000 (±$14,490) | Not measurably different |
Nearby places with a measurably higher figure: Pottawattamie Park, IN ($103,889), Long Beach, IN ($121,827), Trail Creek, IN ($77,635).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across LaPorte County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 23 | Dewey Township | $66,908 (±$9,428) |
| 24 | Cass Township (LaPorte County) | $62,875 (±$20,785) |
| 25 | Coolspring Township | $61,875 (±$7,262) |
| 26 | Westville | $60,794 (±$3,050) |
| 27 | La Porte | $59,307 (±$4,906) |
| 28 | Prairie Township (LaPorte County) | $58,614 (±$856) |
| 29 | Michigan Township (LaPorte County) | $58,356 (±$3,599) |
| 30 | Kingsford Heights | $57,830 (±$10,555) |
| 31 | Union Township (LaPorte County) | $56,964 (±$13,031) |
| 32 | Michigan City | $53,089 (±$4,337) |
Showing 10 of 32 places in LaPorte 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.
What you can do on Seayora in Michigan Township (LaPorte County)
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Questions about Michigan Township (LaPorte County)
What is the median household income in Michigan Township (LaPorte County)?
The median household income in Michigan Township (LaPorte County) is $58,356 (±$3,599) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Michigan Township (LaPorte County)?
About $40,900 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,023 a month.
Have incomes in Michigan Township (LaPorte County) kept up with inflation?
In Michigan Township (LaPorte County), the median household income went from $44,767 in 2015–2019 to $58,356 in 2020–2024 (+30.4%).
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 Michigan Township (LaPorte County)?
The median renting household in Michigan Township (LaPorte County), IN earns $40,445 (±$5,117) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Michigan township, LaPorte County, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Michigan township, LaPorte County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Michigan township, LaPorte County, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Michigan township, LaPorte County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Michigan township, LaPorte County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Michigan township, LaPorte 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 Michigan township, LaPorte County, Indiana (county subdivision:48780, in state:18 county:091).
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 Michigan Township (LaPorte County) at a glance
- Median rent in Michigan Township (LaPorte County)
- Rent by bedrooms in Michigan Township (LaPorte County)
- Rent burden in Michigan Township (LaPorte County)
- Renters and owners in Michigan Township (LaPorte County)
- Home values in Michigan Township (LaPorte County)
- Homeowner costs in Michigan Township (LaPorte County)
- Property taxes in Michigan Township (LaPorte County)
- Types of homes in Michigan Township (LaPorte County)
- Bedrooms in Michigan Township (LaPorte County)
- Age of homes in Michigan Township (LaPorte County)
- Vacancy rate in Michigan Township (LaPorte County)
- Heating fuel in Michigan Township (LaPorte County)
- Commute and cars in Michigan Township (LaPorte County)
- Population growth in Michigan Township (LaPorte County)
- How long people stay in Michigan Township (LaPorte County)
- Crowding and facilities in Michigan Township (LaPorte County)
- Indiana landlord and tenant rules
- Housing across LaPorte County
- Indiana places ranked by median household income
- Housing data for every place in Indiana