What is the median household income in Monroe Township (Howard County), IN?
The median household income in Monroe Township (Howard County), IN is $127,788 (±$27,308) a year (2020–2024 American Community Survey).
In Monroe Township (Howard County), the median household income went from $82,455 in 2015–2019 to $127,788 in 2020–2024 (+55.0%).
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
- $127,788 (±$27,308)
Income in Monroe Township (Howard County) against Howard County, its state and the nation
| Monroe Township (Howard County) | Howard County | Indiana | United States | |
|---|---|---|---|---|
| Median household income | $127,788 (±$27,308) | $64,027 (±$2,106) | $71,957 (±$352) | $80,734 |
| Median renter household income | — | $36,732 (±$3,846) | $42,811 (±$480) | $52,966 |
| Median owner household income | $127,692 (±$28,184) | $78,766 (±$3,587) | $87,459 (±$395) | $100,009 |
| Median gross rent | — | $937 (±$19) | $1,062 (±$5) | $1,413 |
In Monroe Township (Howard County), median household income is higher than in Howard County ($64,027).
It is also higher than in Indiana ($71,957).
It is higher than the national figure ($80,734).
In Howard County, Monroe Township (Howard County) ranks 1 of 14 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 32 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 | $82,455 (±$21,167) | $127,788 (±$27,308) | +55.0% | No measurable change after inflation |
| Median home value | $174,400 (±$31,002) | $255,900 (±$62,122) | +46.7% | 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 Monroe Township (Howard County)
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Monroe Township (Howard County) | — | $127,788 (±$27,308) | — |
| Russiaville | 3.1 mi | $84,457 (±$11,147) | Lower |
| Honey Creek Township (Howard County) | 3.9 mi | $84,728 (±$12,181) | Lower |
| Ervin Township | 4.5 mi | $120,135 (±$14,002) | Not measurably different |
| Burlington | 4.8 mi | $75,833 (±$19,739) | Lower |
| Burlington Township | 6.0 mi | $86,544 (±$24,134) | Lower |
| Harrison Township (Howard County) | 6.7 mi | $85,478 (±$7,745) | Lower |
| Clay Township (Howard County) | 8.0 mi | $104,292 (±$19,688) | Not measurably different |
| Prairie Township (Tipton County) | 9.4 mi | $101,125 (±$37,810) | Not measurably different |
Nearby places with a measurably lower figure: Russiaville, IN ($84,457), Honey Creek Township (Howard County), IN ($84,728), Burlington, IN ($75,833).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Howard County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Monroe Township (Howard County) | $127,788 (±$27,308) |
| 2 | Ervin Township | $120,135 (±$14,002) |
| 3 | Clay Township (Howard County) | $104,292 (±$19,688) |
| 4 | Harrison Township (Howard County) | $85,478 (±$7,745) |
| 5 | Honey Creek Township (Howard County) | $84,728 (±$12,181) |
| 6 | Liberty Township (Howard County) | $84,632 (±$17,890) |
| 7 | Russiaville | $84,457 (±$11,147) |
Showing 7 of 14 places in Howard 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 Monroe Township (Howard County)
What is the median household income in Monroe Township (Howard County)?
The median household income in Monroe Township (Howard County) is $127,788 (±$27,308) a year (2020–2024 American Community Survey).
Have incomes in Monroe Township (Howard County) kept up with inflation?
In Monroe Township (Howard County), the median household income went from $82,455 in 2015–2019 to $127,788 in 2020–2024 (+55.0%).
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 — Monroe township, Howard County, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Monroe township, Howard County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Monroe township, Howard County, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Monroe township, Howard County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Monroe township, Howard County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Monroe township, Howard 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 Monroe township, Howard County, Indiana (county subdivision:50328, in state:18 county:067).
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 Monroe Township (Howard County) at a glance
- Home values in Monroe Township (Howard County)
- Homeowner costs in Monroe Township (Howard County)
- Property taxes in Monroe Township (Howard County)
- Types of homes in Monroe Township (Howard County)
- Age of homes in Monroe Township (Howard County)
- Heating fuel in Monroe Township (Howard County)
- Commute and cars in Monroe Township (Howard County)
- Population growth in Monroe Township (Howard County)
- Indiana landlord and tenant rules
- Housing across Howard County
- Indiana places ranked by median household income
- Housing data for every place in Indiana