What is the median household income in Salem Township (Delaware County), IN?
The median household income in Salem Township (Delaware County), IN is $70,406 (±$9,215) a year (2020–2024 American Community Survey).
Paying the median gross rent of $980 a month would take about $39,200 a year at the common guideline of spending no more than 30% of income on rent.
In Salem Township (Delaware County), the median household income went from $58,234 in 2015–2019 to $70,406 in 2020–2024 (+20.9%).
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
- $70,406 (±$9,215)
- Median renter income
- $39,205 (±$5,439)
- Income to afford median rent
- about $39,200
Income in Salem Township (Delaware County) against Delaware County, its state and the nation
| Salem Township (Delaware County) | Delaware County | Indiana | United States | |
|---|---|---|---|---|
| Median household income | $70,406 (±$9,215) | $58,127 (±$1,683) | $71,957 (±$352) | $80,734 |
| Median renter household income | $39,205 (±$5,439) | $32,583 (±$3,497) | $42,811 (±$480) | $52,966 |
| Median owner household income | $77,486 (±$8,686) | $72,272 (±$2,128) | $87,459 (±$395) | $100,009 |
| Median gross rent | $980 (±$208) | $906 (±$26) | $1,062 (±$5) | $1,413 |
In Salem Township (Delaware County), median household income is higher than in Delaware County ($58,127).
It is not measurably different from Indiana ($71,957).
It is lower than the national figure ($80,734).
In Delaware County, Salem Township (Delaware County) ranks 8 of 18 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 796 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 Salem Township (Delaware 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 $980 a month ($11,760 a year) needs an income of about $39,200 a year.
The median renting household in Salem Township (Delaware County) earns $39,205 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 | $58,234 (±$3,325) | $70,406 (±$9,215) | +20.9% | No measurable change after inflation |
| Median gross rent | $791 (±$53) | $980 (±$208) | +23.9% | No measurable change after inflation |
| Median home value | $117,500 (±$7,361) | $179,800 (±$20,895) | +53.0% | 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 Salem Township (Delaware County)
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Salem Township (Delaware County) | — | $70,406 (±$9,215) | — |
| Daleville | 2.6 mi | $50,795 (±$8,942) | Lower |
| Middletown | 3.6 mi | $56,008 (±$9,231) | Lower |
| Chesterfield | 4.5 mi | $58,824 (±$10,825) | Not measurably different |
| Union Township (Madison County) | 5.0 mi | $75,795 (±$3,212) | Not measurably different |
| Yorktown | 5.3 mi | $81,674 (±$16,050) | Not measurably different |
| Fall Creek Township (Henry County) | 5.5 mi | $69,350 (±$10,057) | Not measurably different |
| Monroe Township (Delaware County) | 6.5 mi | $92,083 (±$23,787) | Not measurably different |
| Jefferson Township (Henry County) | 7.1 mi | $56,141 (±$12,103) | Not measurably different |
Nearby places with a measurably lower figure: Daleville, IN ($50,795), Middletown, IN ($56,008).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Delaware County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 2 | Harrison Township (Delaware County) | $82,806 (±$15,939) |
| 3 | Yorktown | $81,674 (±$16,050) |
| 4 | Washington Township (Delaware County) | $74,595 (±$4,653) |
| 5 | Liberty Township (Delaware County) | $74,457 (±$17,169) |
| 6 | Hamilton Township (Delaware County) | $74,274 (±$7,163) |
| 7 | Delaware Township (Delaware County) | $74,032 (±$10,483) |
| 8 | Salem Township (Delaware County) | $70,406 (±$9,215) |
| 9 | Union Township (Delaware County) | $66,902 (±$10,314) |
| 10 | Niles Township | $65,750 (±$14,684) |
| 11 | Perry Township (Delaware County) | $65,088 (±$19,677) |
| 12 | Selma | $58,214 (±$24,197) |
| 13 | Albany | $58,026 (±$4,098) |
| 14 | Eaton | $54,531 (±$19,454) |
Showing 13 of 18 places in Delaware 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 Salem Township (Delaware County)
What is the median household income in Salem Township (Delaware County)?
The median household income in Salem Township (Delaware County) is $70,406 (±$9,215) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Salem Township (Delaware County)?
About $39,200 a year, if rent is to stay at or below 30% of income at the median gross rent of $980 a month.
Have incomes in Salem Township (Delaware County) kept up with inflation?
In Salem Township (Delaware County), the median household income went from $58,234 in 2015–2019 to $70,406 in 2020–2024 (+20.9%).
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 Salem Township (Delaware County)?
The median renting household in Salem Township (Delaware County), IN earns $39,205 (±$5,439) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Salem township, Delaware County, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Salem township, Delaware County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Salem township, Delaware County, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Salem township, Delaware County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Salem township, Delaware County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Salem township, Delaware 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 Salem township, Delaware County, Indiana (county subdivision:67356, in state:18 county:035).
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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- Median rent in Salem Township (Delaware County)
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- Rent burden in Salem Township (Delaware County)
- Renters and owners in Salem Township (Delaware County)
- Home values in Salem Township (Delaware County)
- Homeowner costs in Salem Township (Delaware County)
- Property taxes in Salem Township (Delaware County)
- Types of homes in Salem Township (Delaware County)
- Bedrooms in Salem Township (Delaware County)
- Age of homes in Salem Township (Delaware County)
- Heating fuel in Salem Township (Delaware County)
- Commute and cars in Salem Township (Delaware County)
- Population growth in Salem Township (Delaware County)
- How long people stay in Salem Township (Delaware County)
- Indiana landlord and tenant rules
- Housing across Delaware County
- Indiana places ranked by median household income
- Housing data for every place in Indiana