What is the median household income in Perry Township (Martin County), IN?
The median household income in Perry Township (Martin County), IN is $64,879 (±$9,987) a year (2020–2024 American Community Survey).
Paying the median gross rent of $774 a month would take about $31,000 a year at the common guideline of spending no more than 30% of income on rent.
In Perry Township (Martin County), the median household income went from $52,276 in 2015–2019 to $64,879 in 2020–2024 (+24.1%).
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
- $64,879 (±$9,987)
- Median renter income
- $37,083 (±$10,235)
- Income to afford median rent
- about $31,000
Income in Perry Township (Martin County) against Martin County, its state and the nation
| Perry Township (Martin County) | Martin County | Indiana | United States | |
|---|---|---|---|---|
| Median household income | $64,879 (±$9,987) | $68,594 (±$8,824) | $71,957 (±$352) | $80,734 |
| Median renter household income | $37,083 (±$10,235) | $37,472 (±$9,587) | $42,811 (±$480) | $52,966 |
| Median owner household income | $75,385 (±$12,177) | $78,186 (±$4,822) | $87,459 (±$395) | $100,009 |
| Median gross rent | $774 (±$95) | $697 (±$143) | $1,062 (±$5) | $1,413 |
In Perry Township (Martin County), median household income is not measurably different from Martin County ($68,594).
It is not measurably different from Indiana ($71,957).
It is lower than the national figure ($80,734).
In Martin County, Perry Township (Martin County) ranks 5 of 9 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 960 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 Perry Township (Martin 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 $774 a month ($9,288 a year) needs an income of about $31,000 a year.
The median renting household in Perry Township (Martin County) earns $37,083 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 | $52,276 (±$6,544) | $64,879 (±$9,987) | +24.1% | No measurable change after inflation |
| Median gross rent | $601 (±$109) | $774 (±$95) | +28.8% | No measurable change after inflation |
| Median home value | $120,100 (±$12,248) | $171,500 (±$23,700) | +42.8% | 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 Perry Township (Martin County)
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Perry Township (Martin County) | — | $64,879 (±$9,987) | — |
| Van Buren Township (Daviess County) | 6.5 mi | $90,985 (±$14,030) | Higher |
| Mitcheltree Township | 6.8 mi | $110,956 (±$105,672) | Not measurably different |
| Center Township (Martin County) | 7.1 mi | $60,529 (±$12,244) | Not measurably different |
| Loogootee | 7.9 mi | $50,000 (±$14,870) | Not measurably different |
| Shoals | 8.3 mi | $38,333 (±$15,957) | Lower |
| Madison Township (Daviess County) | 8.5 mi | $66,970 (±$6,975) | Not measurably different |
| Crane | 8.5 mi | $46,719 (±$43,060) | Not measurably different |
| Odon | 8.7 mi | $49,342 (±$7,961) | Lower |
Nearby places with a measurably lower figure: Shoals, IN ($38,333), Odon, IN ($49,342).
Nearby places with a measurably higher figure: Van Buren Township (Daviess County), IN ($90,985).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Martin County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Mitcheltree Township | $110,956 (±$105,672) |
| 2 | Rutherford Township | $80,000 (±$18,260) |
| 3 | Lost River Township | $76,058 (±$35,398) |
| 4 | Halbert Township | $70,764 (±$24,856) |
| 5 | Perry Township (Martin County) | $64,879 (±$9,987) |
| 6 | Center Township (Martin County) | $60,529 (±$12,244) |
| 7 | Loogootee | $50,000 (±$14,870) |
| 8 | Crane | $46,719 (±$43,060) |
| 9 | Shoals | $38,333 (±$15,957) |
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 Perry Township (Martin County)
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Questions about Perry Township (Martin County)
What is the median household income in Perry Township (Martin County)?
The median household income in Perry Township (Martin County) is $64,879 (±$9,987) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Perry Township (Martin County)?
About $31,000 a year, if rent is to stay at or below 30% of income at the median gross rent of $774 a month.
Have incomes in Perry Township (Martin County) kept up with inflation?
In Perry Township (Martin County), the median household income went from $52,276 in 2015–2019 to $64,879 in 2020–2024 (+24.1%).
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 Perry Township (Martin County)?
The median renting household in Perry Township (Martin County), IN earns $37,083 (±$10,235) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Perry township, Martin County, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Perry township, Martin County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Perry township, Martin County, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Perry township, Martin County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Perry township, Martin County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Perry township, Martin 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 Perry township, Martin County, Indiana (county subdivision:59076, in state:18 county:101).
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
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- Home values in Perry Township (Martin County)
- Homeowner costs in Perry Township (Martin County)
- Property taxes in Perry Township (Martin County)
- Types of homes in Perry Township (Martin County)
- Bedrooms in Perry Township (Martin County)
- Age of homes in Perry Township (Martin County)
- Heating fuel in Perry Township (Martin County)
- Commute and cars in Perry Township (Martin County)
- Population growth in Perry Township (Martin County)
- How long people stay in Perry Township (Martin County)
- Crowding and facilities in Perry Township (Martin County)
- Indiana landlord and tenant rules
- Housing across Martin County
- Indiana places ranked by median household income
- Housing data for every place in Indiana