What is the median household income in Silver Creek Township, IN?
The median household income in Silver Creek Township, IN is $75,732 (±$7,563) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,202 a month would take about $48,100 a year at the common guideline of spending no more than 30% of income on rent.
In Silver Creek Township, the median household income went from $63,521 in 2015–2019 to $75,732 in 2020–2024 (+19.2%).
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
- $75,732 (±$7,563)
- Median renter income
- $48,205 (±$7,960)
- Income to afford median rent
- about $48,100
Income in Silver Creek Township against Clark County, its state and the nation
| Silver Creek Township | Clark County | Indiana | United States | |
|---|---|---|---|---|
| Median household income | $75,732 (±$7,563) | $74,214 (±$2,005) | $71,957 (±$352) | $80,734 |
| Median renter household income | $48,205 (±$7,960) | $47,524 (±$2,670) | $42,811 (±$480) | $52,966 |
| Median owner household income | $82,900 (±$4,069) | $84,141 (±$2,547) | $87,459 (±$395) | $100,009 |
| Median gross rent | $1,202 (±$136) | $1,129 (±$26) | $1,062 (±$5) | $1,413 |
In Silver Creek Township, median household income is not measurably different from Clark County ($74,214).
It is not measurably different from Indiana ($71,957).
It is not measurably different from the national figure ($80,734).
In Clark County, Silver Creek Township ranks 11 of 19 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 620 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 Silver Creek 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 $1,202 a month ($14,424 a year) needs an income of about $48,100 a year.
The median renting household in Silver Creek Township earns $48,205 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 | $63,521 (±$5,129) | $75,732 (±$7,563) | +19.2% | No measurable change after inflation |
| Median gross rent | $988 (±$87) | $1,202 (±$136) | +21.7% | No measurable change after inflation |
| Median home value | $158,400 (±$8,647) | $243,300 (±$9,846) | +53.6% | 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 Silver Creek Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Silver Creek Township | — | $75,732 (±$7,563) | — |
| Sellersburg | 0.8 mi | $72,179 (±$8,285) | Not measurably different |
| Utica Township | 5.0 mi | $102,897 (±$16,966) | Higher |
| Clarksville | 5.0 mi | $60,467 (±$7,058) | Lower |
| Union Township (Clark County) | 5.1 mi | $111,107 (±$40,628) | Not measurably different |
| Charlestown | 5.5 mi | $77,288 (±$18,469) | Not measurably different |
| Jeffersonville | 5.6 mi | $70,930 (±$3,630) | Not measurably different |
| Jeffersonville Township | 5.7 mi | $62,247 (±$2,952) | Lower |
| Carr Township (Clark County) | 5.7 mi | $107,295 (±$15,969) | Higher |
Nearby places with a measurably lower figure: Clarksville, IN ($60,467), Jeffersonville Township, IN ($62,247).
Nearby places with a measurably higher figure: Utica Township, IN ($102,897), Carr Township (Clark County), IN ($107,295).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Clark County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 5 | Oregon Township (Clark County) | $90,918 (±$16,668) |
| 6 | Monroe Township (Clark County) | $90,733 (±$11,744) |
| 7 | Washington Township (Clark County) | $88,250 (±$22,223) |
| 8 | Wood Township | $86,528 (±$23,821) |
| 9 | Utica | $84,886 (±$8,375) |
| 10 | Charlestown | $77,288 (±$18,469) |
| 11 | Silver Creek Township | $75,732 (±$7,563) |
| 12 | Borden | $72,708 (±$17,979) |
| 13 | Sellersburg | $72,179 (±$8,285) |
| 14 | Henryville | $71,667 (±$12,968) |
| 15 | Jeffersonville | $70,930 (±$3,630) |
| 16 | Jeffersonville Township | $62,247 (±$2,952) |
| 17 | Clarksville | $60,467 (±$7,058) |
Showing 13 of 19 places in Clark 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 Silver Creek Township
What is the median household income in Silver Creek Township?
The median household income in Silver Creek Township is $75,732 (±$7,563) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Silver Creek Township?
About $48,100 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,202 a month.
Have incomes in Silver Creek Township kept up with inflation?
In Silver Creek Township, the median household income went from $63,521 in 2015–2019 to $75,732 in 2020–2024 (+19.2%).
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 Silver Creek Township?
The median renting household in Silver Creek Township, IN earns $48,205 (±$7,960) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Silver Creek township, Clark County, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Silver Creek township, Clark County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Silver Creek township, Clark County, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Silver Creek township, Clark County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Silver Creek township, Clark County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Silver Creek township, Clark 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 Silver Creek township, Clark County, Indiana (county subdivision:69696, in state:18 county:019).
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 Silver Creek Township
- Rent by bedrooms in Silver Creek Township
- Rent burden in Silver Creek Township
- Renters and owners in Silver Creek Township
- Home values in Silver Creek Township
- Homeowner costs in Silver Creek Township
- Property taxes in Silver Creek Township
- Types of homes in Silver Creek Township
- Bedrooms in Silver Creek Township
- Age of homes in Silver Creek Township
- Heating fuel in Silver Creek Township
- Commute and cars in Silver Creek Township
- Population growth in Silver Creek Township
- How long people stay in Silver Creek Township
- Crowding and facilities in Silver Creek Township
- Fair Market Rent in Silver Creek Township
- Indiana landlord and tenant rules
- Housing across Clark County
- Indiana places ranked by median household income
- Housing data for every place in Indiana