What is the median household income in Pike Township (Marion County), IN?
The median household income in Pike Township (Marion County), IN is $69,398 (±$2,652) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,131 a month would take about $45,200 a year at the common guideline of spending no more than 30% of income on rent.
In Pike Township (Marion County), the median household income went from $53,390 in 2015–2019 to $69,398 in 2020–2024 (+30.0%).
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
- $69,398 (±$2,652)
- Median renter income
- $56,521 (±$4,550)
- Income to afford median rent
- about $45,200
Income in Pike Township (Marion County) against Marion County, its state and the nation
| Pike Township (Marion County) | Marion County | Indiana | United States | |
|---|---|---|---|---|
| Median household income | $69,398 (±$2,652) | $66,346 (±$943) | $71,957 (±$352) | $80,734 |
| Median renter household income | $56,521 (±$4,550) | $45,770 (±$1,355) | $42,811 (±$480) | $52,966 |
| Median owner household income | $87,770 (±$5,304) | $88,581 (±$1,414) | $87,459 (±$395) | $100,009 |
| Median gross rent | $1,131 (±$37) | $1,153 (±$10) | $1,062 (±$5) | $1,413 |
In Pike Township (Marion County), median household income is higher than in Marion County ($66,346).
It is not measurably different from Indiana ($71,957).
It is lower than the national figure ($80,734).
In Marion County, Pike Township (Marion County) ranks 17 of 25 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 820 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 Pike Township (Marion 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 $1,131 a month ($13,572 a year) needs an income of about $45,200 a year.
The median renting household in Pike Township (Marion County) earns $56,521 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 | $53,390 (±$1,630) | $69,398 (±$2,652) | +30.0% | Up after inflation |
| Median gross rent | $906 (±$24) | $1,131 (±$37) | +24.8% | No measurable change after inflation |
| Median home value | $140,200 (±$3,398) | $224,600 (±$4,954) | +60.2% | 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 Pike Township (Marion County)
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Pike Township (Marion County) | — | $69,398 (±$2,652) | — |
| Wynnedale | 4.6 mi | $111,250 (±$42,503) | Not measurably different |
| Spring Hill | 4.8 mi | $138,750 (±$21,675) | Higher |
| Clermont | 5.0 mi | $82,083 (±$18,495) | Not measurably different |
| Rocky Ripple | 5.3 mi | $72,813 (±$16,083) | Not measurably different |
| Crows Nest | 5.3 mi | $250,000 or more | — |
| North Crows Nest | 5.5 mi | $250,000 or more | — |
| Brown Township (Hendricks County) | 5.7 mi | $140,108 (±$8,474) | Higher |
| Speedway | 5.8 mi | $60,147 (±$4,988) | Lower |
Nearby places with a measurably lower figure: Speedway, IN ($60,147).
Nearby places with a measurably higher figure: Spring Hill, IN ($138,750), 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 Marion County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 11 | Washington Township (Marion County) | $77,416 (±$3,539) |
| 12 | Lawrence | $74,022 (±$3,986) |
| 13 | Rocky Ripple | $72,813 (±$16,083) |
| 14 | Lawrence Township | $72,081 (±$3,511) |
| 15 | Southport | $71,058 (±$15,285) |
| 16 | Decatur Township | $70,206 (±$5,586) |
| 17 | Pike Township (Marion County) | $69,398 (±$2,652) |
| 18 | Perry Township (Marion County) | $66,897 (±$2,593) |
| 19 | Indianapolis | $66,219 (±$993) |
| 20 | Speedway | $60,147 (±$4,988) |
| 21 | Warren Township (Marion County) | $58,962 (±$2,875) |
| 22 | Wayne Township (Marion County) | $57,059 (±$2,375) |
| 23 | Center Township (Marion County) | $55,129 (±$2,516) |
Showing 13 of 25 places in Marion 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 Pike Township (Marion County)
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Questions about Pike Township (Marion County)
What is the median household income in Pike Township (Marion County)?
The median household income in Pike Township (Marion County) is $69,398 (±$2,652) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Pike Township (Marion County)?
About $45,200 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,131 a month.
Have incomes in Pike Township (Marion County) kept up with inflation?
In Pike Township (Marion County), the median household income went from $53,390 in 2015–2019 to $69,398 in 2020–2024 (+30.0%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
What do renters earn in Pike Township (Marion County)?
The median renting household in Pike Township (Marion County), IN earns $56,521 (±$4,550) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Pike township, Marion County, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Pike township, Marion County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Pike township, Marion County, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Pike township, Marion County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Pike township, Marion County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Pike township, Marion 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 Pike township, Marion County, Indiana (county subdivision:59742, in state:18 county:097).
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 Pike Township (Marion County) at a glance
- Median rent in Pike Township (Marion County)
- Rent by bedrooms in Pike Township (Marion County)
- Rent burden in Pike Township (Marion County)
- Renters and owners in Pike Township (Marion County)
- Home values in Pike Township (Marion County)
- Homeowner costs in Pike Township (Marion County)
- Property taxes in Pike Township (Marion County)
- Types of homes in Pike Township (Marion County)
- Bedrooms in Pike Township (Marion County)
- Age of homes in Pike Township (Marion County)
- Vacancy rate in Pike Township (Marion County)
- Heating fuel in Pike Township (Marion County)
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- Population growth in Pike Township (Marion County)
- How long people stay in Pike Township (Marion County)
- Crowding and facilities in Pike Township (Marion County)
- Fair Market Rent in Pike Township (Marion County)
- Indiana landlord and tenant rules
- Housing across Marion County
- Indiana places ranked by median household income
- Housing data for every place in Indiana