What is the median household income in Spice Valley Township, IN?
The median household income in Spice Valley Township, IN is $81,667 (±$27,141) a year (2020–2024 American Community Survey).
In Spice Valley Township, the median household income went from $64,677 in 2015–2019 to $81,667 in 2020–2024 (+26.3%).
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
- $81,667 (±$27,141)
- Median renter income
- $29,531 (±$7,979)
Income in Spice Valley Township against Lawrence County, its state and the nation
| Spice Valley Township | Lawrence County | Indiana | United States | |
|---|---|---|---|---|
| Median household income | $81,667 (±$27,141) | $66,468 (±$3,421) | $71,957 (±$352) | $80,734 |
| Median renter household income | $29,531 (±$7,979) | $30,053 (±$2,678) | $42,811 (±$480) | $52,966 |
| Median owner household income | $84,138 (±$11,851) | $77,506 (±$3,394) | $87,459 (±$395) | $100,009 |
| Median gross rent | — | $845 (±$31) | $1,062 (±$5) | $1,413 |
In Spice Valley Township, median household income is not measurably different from Lawrence County ($66,468).
It is not measurably different from Indiana ($71,957).
It is not measurably different from the national figure ($80,734).
In Lawrence County, Spice Valley Township ranks 4 of 12 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 482 of 1,568.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $64,677 (±$12,711) | $81,667 (±$27,141) | +26.3% | No measurable change after inflation |
| Median home value | $112,800 (±$27,545) | $172,100 (±$19,307) | +52.6% | 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 Spice Valley Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Spice Valley Township | — | $81,667 (±$27,141) | — |
| Marion Township (Lawrence County) | 6.4 mi | $51,262 (±$6,664) | Lower |
| Mitchell | 7.1 mi | $48,930 (±$7,453) | Lower |
| Indian Creek Township (Lawrence County) | 7.4 mi | $92,853 (±$13,427) | Not measurably different |
| Northwest Township | 7.6 mi | $85,580 (±$16,415) | Not measurably different |
| Mitcheltree Township | 8.4 mi | $110,956 (±$105,672) | Not measurably different |
| Orangeville Township | 8.9 mi | $143,875 (±$93,124) | Not measurably different |
| Bedford | 9.3 mi | $49,553 (±$6,176) | Lower |
| Oolitic | 10 mi | $59,018 (±$9,070) | Not measurably different |
Nearby places with a measurably lower figure: Marion Township (Lawrence County), IN ($51,262), Mitchell, IN ($48,930), Bedford, IN ($49,553).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Lawrence County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Marshall Township | $98,750 (±$23,350) |
| 2 | Indian Creek Township (Lawrence County) | $92,853 (±$13,427) |
| 3 | Perry Township (Lawrence County) | $81,964 (±$26,679) |
| 4 | Spice Valley Township | $81,667 (±$27,141) |
| 5 | Pleasant Run Township | $76,563 (±$20,984) |
| 6 | Bono Township | $61,964 (±$39,379) |
| 7 | Shawswick Township | $60,354 (±$5,517) |
| 8 | Guthrie Township | $60,144 (±$23,918) |
| 9 | Oolitic | $59,018 (±$9,070) |
| 10 | Marion Township (Lawrence County) | $51,262 (±$6,664) |
Showing 10 of 12 places in Lawrence 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 Spice Valley Township
What is the median household income in Spice Valley Township?
The median household income in Spice Valley Township is $81,667 (±$27,141) a year (2020–2024 American Community Survey).
Have incomes in Spice Valley Township kept up with inflation?
In Spice Valley Township, the median household income went from $64,677 in 2015–2019 to $81,667 in 2020–2024 (+26.3%).
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 Spice Valley Township?
The median renting household in Spice Valley Township, IN earns $29,531 (±$7,979) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Spice Valley township, Lawrence County, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Spice Valley township, Lawrence County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Spice Valley township, Lawrence County, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Spice Valley township, Lawrence County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Spice Valley township, Lawrence County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Spice Valley township, Lawrence 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 Spice Valley township, Lawrence County, Indiana (county subdivision:72044, in state:18 county:093).
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 Spice Valley Township at a glance
- Home values in Spice Valley Township
- Homeowner costs in Spice Valley Township
- Property taxes in Spice Valley Township
- Types of homes in Spice Valley Township
- Bedrooms in Spice Valley Township
- Age of homes in Spice Valley Township
- Heating fuel in Spice Valley Township
- Commute and cars in Spice Valley Township
- Population growth in Spice Valley Township
- Fair Market Rent in Spice Valley Township
- Indiana landlord and tenant rules
- Housing across Lawrence County
- Indiana places ranked by median household income
- Housing data for every place in Indiana