What is the median household income in Porter Township, IN?
The median household income in Porter Township, IN is $123,075 (±$2,718) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,194 a month would take about $47,800 a year at the common guideline of spending no more than 30% of income on rent.
In Porter Township, the median household income went from $93,651 in 2015–2019 to $123,075 in 2020–2024 (+31.4%).
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
- $123,075 (±$2,718)
- Median renter income
- $61,875 (±$31,236)
- Income to afford median rent
- about $47,800
Income in Porter Township against Porter County, its state and the nation
| Porter Township | Porter County | Indiana | United States | |
|---|---|---|---|---|
| Median household income | $123,075 (±$2,718) | $87,972 (±$3,058) | $71,957 (±$352) | $80,734 |
| Median renter household income | $61,875 (±$31,236) | $49,358 (±$4,299) | $42,811 (±$480) | $52,966 |
| Median owner household income | $123,518 (±$2,041) | $100,997 (±$2,918) | $87,459 (±$395) | $100,009 |
| Median gross rent | $1,194 (±$234) | $1,219 (±$26) | $1,062 (±$5) | $1,413 |
In Porter Township, median household income is higher than in Porter County ($87,972).
It is also higher than in Indiana ($71,957).
It is higher than the national figure ($80,734).
In Porter County, Porter Township ranks 4 of 28 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 42 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 Porter 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 $1,194 a month ($14,328 a year) needs an income of about $47,800 a year.
The median renting household in Porter Township earns $61,875 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 | $93,651 (±$5,255) | $123,075 (±$2,718) | +31.4% | Up after inflation |
| Median gross rent | $927 (±$102) | $1,194 (±$234) | +28.8% | No measurable change after inflation |
| Median home value | $234,800 (±$11,001) | $369,200 (±$19,533) | +57.2% | 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 Porter Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Porter Township | — | $123,075 (±$2,718) | — |
| Aberdeen | 4.0 mi | $94,926 (±$44,642) | Not measurably different |
| Lakes of the Four Seasons | 4.4 mi | $121,750 (±$5,717) | Not measurably different |
| Shorewood Forest | 5.1 mi | $165,972 (±$43,262) | Not measurably different |
| Boone Township (Porter County) | 5.3 mi | $74,631 (±$12,177) | Lower |
| Hebron | 5.3 mi | $73,812 (±$9,756) | Lower |
| Winfield Township | 5.9 mi | $133,448 (±$9,253) | Higher |
| Union Township (Porter County) | 6.3 mi | $115,664 (±$16,606) | Not measurably different |
| Winfield | 6.6 mi | $135,870 (±$7,776) | Higher |
Nearby places with a measurably lower figure: Boone Township (Porter County), IN ($74,631), Hebron, IN ($73,812).
Nearby places with a measurably higher figure: Winfield Township, IN ($133,448), Winfield, IN ($135,870).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Porter County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Shorewood Forest | $165,972 (±$43,262) |
| 2 | Dune Acres | $163,333 (±$49,676) |
| 3 | Jackson Township (Porter County) | $132,961 (±$18,840) |
| 4 | Porter Township | $123,075 (±$2,718) |
| 5 | Lakes of the Four Seasons | $121,750 (±$5,717) |
| 6 | Beverly Shores | $119,948 (±$19,193) |
| 7 | Ogden Dunes | $117,000 (±$31,780) |
| 8 | Union Township (Porter County) | $115,664 (±$16,606) |
| 9 | Morgan Township (Porter County) | $112,951 (±$12,410) |
| 10 | Washington Township (Porter County) | $109,879 (±$13,935) |
Showing 10 of 28 places in Porter 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 Porter Township
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Questions about Porter Township
What is the median household income in Porter Township?
The median household income in Porter Township is $123,075 (±$2,718) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Porter Township?
About $47,800 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,194 a month.
Have incomes in Porter Township kept up with inflation?
In Porter Township, the median household income went from $93,651 in 2015–2019 to $123,075 in 2020–2024 (+31.4%).
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 Porter Township?
The median renting household in Porter Township, IN earns $61,875 (±$31,236) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Porter township, Porter County, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Porter township, Porter County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Porter township, Porter County, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Porter township, Porter County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Porter township, Porter County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Porter township, Porter 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 Porter township, Porter County, Indiana (county subdivision:61182, in state:18 county:127).
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 Porter Township at a glance
- Home values in Porter Township
- Homeowner costs in Porter Township
- Property taxes in Porter Township
- Types of homes in Porter Township
- Bedrooms in Porter Township
- Age of homes in Porter Township
- Heating fuel in Porter Township
- Commute and cars in Porter Township
- Population growth in Porter Township
- How long people stay in Porter Township
- Crowding and facilities in Porter Township
- Fair Market Rent in Porter Township
- Indiana landlord and tenant rules
- Housing across Porter County
- Indiana places ranked by median household income
- Housing data for every place in Indiana