What is the median household income in New Garden Township, IN?
The median household income in New Garden Township, IN is $73,714 (±$22,259) a year (2020–2024 American Community Survey).
Paying the median gross rent of $682 a month would take about $27,300 a year at the common guideline of spending no more than 30% of income on rent.
In New Garden Township, the median household income went from $60,000 in 2015–2019 to $73,714 in 2020–2024 (+22.9%).
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
- $73,714 (±$22,259)
- Median renter income
- $57,873 (±$35,876)
- Income to afford median rent
- about $27,300
Income in New Garden Township against Wayne County, its state and the nation
| New Garden Township | Wayne County | Indiana | United States | |
|---|---|---|---|---|
| Median household income | $73,714 (±$22,259) | $55,692 (±$3,150) | $71,957 (±$352) | $80,734 |
| Median renter household income | $57,873 (±$35,876) | $29,153 (±$3,605) | $42,811 (±$480) | $52,966 |
| Median owner household income | $94,570 (±$23,573) | $71,590 (±$3,079) | $87,459 (±$395) | $100,009 |
| Median gross rent | $682 (±$58) | $815 (±$29) | $1,062 (±$5) | $1,413 |
In New Garden Township, median household income is not measurably different from Wayne County ($55,692).
It is not measurably different from Indiana ($71,957).
It is not measurably different from the national figure ($80,734).
In Wayne County, New Garden Township ranks 11 of 29 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 702 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 New Garden 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 $682 a month ($8,184 a year) needs an income of about $27,300 a year.
The median renting household in New Garden Township earns $57,873 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 | $60,000 (±$8,805) | $73,714 (±$22,259) | +22.9% | No measurable change after inflation |
| Median gross rent | $726 (±$134) | $682 (±$58) | −6.1% | Down after inflation |
| Median home value | $100,600 (±$27,510) | $161,800 (±$6,577) | +60.8% | 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 New Garden Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| New Garden Township | — | $73,714 (±$22,259) | — |
| Fountain City | 0.8 mi | $47,802 (±$9,460) | Lower |
| Franklin Township (Wayne County) | 3.8 mi | $95,093 (±$36,827) | Not measurably different |
| Green Township (Wayne County) | 3.9 mi | $72,361 (±$26,082) | Not measurably different |
| Webster Township (Wayne County) | 4.5 mi | $85,246 (±$20,948) | Not measurably different |
| Whitewater | 5.4 mi | $62,679 (±$30,247) | Not measurably different |
| Lynn | 6.0 mi | $38,438 (±$15,305) | Lower |
| Greensfork Township | 7.4 mi | $78,592 (±$4,802) | Not measurably different |
| Greens Fork | 7.5 mi | $74,875 (±$41,929) | Not measurably different |
Nearby places with a measurably lower figure: Fountain City, IN ($47,802), Lynn, IN ($38,438).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Wayne County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 5 | Washington Township (Wayne County) | $81,974 (±$24,671) |
| 6 | Abington Township | $80,278 (±$30,420) |
| 7 | Boston Township | $76,979 (±$22,303) |
| 8 | Greens Fork | $74,875 (±$41,929) |
| 9 | Perry Township (Wayne County) | $74,773 (±$25,328) |
| 10 | Clay Township (Wayne County) | $74,500 (±$25,606) |
| 11 | New Garden Township | $73,714 (±$22,259) |
| 12 | Green Township (Wayne County) | $72,361 (±$26,082) |
| 13 | Mount Auburn | $72,143 (±$3,655) |
| 14 | Boston | $70,893 (±$35,607) |
| 15 | Center Township (Wayne County) | $68,821 (±$11,207) |
| 16 | Whitewater | $62,679 (±$30,247) |
| 17 | Jefferson Township (Wayne County) | $61,212 (±$8,674) |
Showing 13 of 29 places in Wayne 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 New Garden Township
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for New Garden Township beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near New Garden Township, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near New Garden Township, and send estimates and invoices from your phone.
Questions about New Garden Township
What is the median household income in New Garden Township?
The median household income in New Garden Township is $73,714 (±$22,259) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in New Garden Township?
About $27,300 a year, if rent is to stay at or below 30% of income at the median gross rent of $682 a month.
Have incomes in New Garden Township kept up with inflation?
In New Garden Township, the median household income went from $60,000 in 2015–2019 to $73,714 in 2020–2024 (+22.9%).
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 New Garden Township?
The median renting household in New Garden Township, IN earns $57,873 (±$35,876) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — New Garden township, Wayne County, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — New Garden township, Wayne County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — New Garden township, Wayne County, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — New Garden township, Wayne County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — New Garden township, Wayne County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — New Garden township, Wayne 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 New Garden township, Wayne County, Indiana (county subdivision:52938, in state:18 county:177).
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 New Garden Township at a glance
- Median rent in New Garden Township
- Renters and owners in New Garden Township
- Home values in New Garden Township
- Homeowner costs in New Garden Township
- Property taxes in New Garden Township
- Types of homes in New Garden Township
- Bedrooms in New Garden Township
- Age of homes in New Garden Township
- Heating fuel in New Garden Township
- Commute and cars in New Garden Township
- Population growth in New Garden Township
- Indiana landlord and tenant rules
- Housing across Wayne County
- Indiana places ranked by median household income
- Housing data for every place in Indiana