What is the median household income in Middle Township, IN?
The median household income in Middle Township, IN is $125,065 (±$6,083) a year (2020–2024 American Community Survey).
Paying the median gross rent of $996 a month would take about $39,800 a year at the common guideline of spending no more than 30% of income on rent.
In Middle Township, the median household income went from $76,055 in 2015–2019 to $125,065 in 2020–2024 (+64.4%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median household income
- $125,065 (±$6,083)
- Income to afford median rent
- about $39,800
Income in Middle Township against Hendricks County, its state and the nation
| Middle Township | Hendricks County | Indiana | United States | |
|---|---|---|---|---|
| Median household income | $125,065 (±$6,083) | $101,144 (±$2,791) | $71,957 (±$352) | $80,734 |
| Median renter household income | — | $61,028 (±$3,309) | $42,811 (±$480) | $52,966 |
| Median owner household income | $126,185 (±$6,324) | $116,391 (±$2,485) | $87,459 (±$395) | $100,009 |
| Median gross rent | $996 (±$125) | $1,436 (±$48) | $1,062 (±$5) | $1,413 |
In Middle Township, median household income is higher than in 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, Middle Township ranks 3 of 23 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 39 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 Middle Township
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 $996 a month ($11,952 a year) needs an income of about $39,800 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 | $76,055 (±$12,512) | $125,065 (±$6,083) | +64.4% | Up after inflation |
| Median gross rent | $919 (±$94) | $996 (±$125) | +8.4% | No measurable change after inflation |
| Median home value | $212,300 (±$25,259) | $331,900 (±$26,005) | +56.3% | 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 Middle Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Middle Township | — | $125,065 (±$6,083) | — |
| Pittsboro | 0.5 mi | $126,023 (±$7,039) | Not measurably different |
| Union Township (Hendricks County) | 4.0 mi | $89,153 (±$18,303) | Lower |
| Lizton | 4.1 mi | $94,844 (±$28,976) | Lower |
| Brownsburg | 4.9 mi | $102,235 (±$5,773) | Lower |
| Lincoln Township (Hendricks County) | 5.3 mi | $103,086 (±$6,692) | Lower |
| Brown Township (Hendricks County) | 5.8 mi | $140,108 (±$8,474) | Higher |
| Harrison Township (Boone County) | 6.6 mi | $95,417 (±$59,061) | Not measurably different |
| Center Township (Hendricks County) | 7.1 mi | $97,017 (±$6,108) | Lower |
Nearby places with a measurably lower figure: Union Township (Hendricks County), IN ($89,153), Lizton, IN ($94,844), Brownsburg, IN ($102,235).
Nearby places with a measurably higher figure: Brown Township (Hendricks County), IN ($140,108).
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) |
Showing 9 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 Middle Township
What is the median household income in Middle Township?
The median household income in Middle Township is $125,065 (±$6,083) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Middle Township?
About $39,800 a year, if rent is to stay at or below 30% of income at the median gross rent of $996 a month.
Have incomes in Middle Township kept up with inflation?
In Middle Township, the median household income went from $76,055 in 2015–2019 to $125,065 in 2020–2024 (+64.4%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Middle township, Hendricks County, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Middle township, Hendricks County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Middle township, Hendricks County, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Middle township, Hendricks County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Middle township, Hendricks County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Middle 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 Middle township, Hendricks County, Indiana (county subdivision:48852, 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 Middle Township at a glance
- Home values in Middle Township
- Homeowner costs in Middle Township
- Property taxes in Middle Township
- Types of homes in Middle Township
- Age of homes in Middle Township
- Heating fuel in Middle Township
- Commute and cars in Middle Township
- Population growth in Middle Township
- How long people stay in Middle Township
- Crowding and facilities in Middle Township
- Fair Market Rent in Middle Township
- Indiana landlord and tenant rules
- Housing across Hendricks County
- Indiana places ranked by median household income
- Housing data for every place in Indiana