What is the median household income in Sugar Ridge Township, IN?
The median household income in Sugar Ridge Township, IN is $107,536 (±$30,490) a year (2020–2024 American Community Survey).
Paying the median gross rent of $860 a month would take about $34,400 a year at the common guideline of spending no more than 30% of income on rent.
In Sugar Ridge Township, the median household income went from $50,000 in 2015–2019 to $107,536 in 2020–2024 (+115.1%).
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
- $107,536 (±$30,490)
- Median renter income
- $66,023 (±$63,188)
- Income to afford median rent
- about $34,400
Income in Sugar Ridge Township against Clay County, its state and the nation
| Sugar Ridge Township | Clay County | Indiana | United States | |
|---|---|---|---|---|
| Median household income | $107,536 (±$30,490) | $70,010 (±$6,394) | $71,957 (±$352) | $80,734 |
| Median renter household income | $66,023 (±$63,188) | $41,194 (±$4,379) | $42,811 (±$480) | $52,966 |
| Median owner household income | $107,880 (±$21,734) | $79,303 (±$7,573) | $87,459 (±$395) | $100,009 |
| Median gross rent | $860 (±$325) | $873 (±$40) | $1,062 (±$5) | $1,413 |
In Sugar Ridge Township, median household income is higher than in Clay County ($70,010).
It is also higher than in Indiana ($71,957).
It is not measurably different from the national figure ($80,734).
In Clay County, Sugar Ridge Township ranks 1 of 17 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 121 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 Sugar Ridge 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 $860 a month ($10,320 a year) needs an income of about $34,400 a year.
The median renting household in Sugar Ridge Township earns $66,023 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 | $50,000 (±$27,498) | $107,536 (±$30,490) | +115.1% | Up after inflation |
| Median gross rent | $665 (±$196) | $860 (±$325) | +29.3% | No measurable change after inflation |
| Median home value | $109,900 (±$9,733) | $120,900 (±$74,011) | +10.0% | 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 Sugar Ridge Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Sugar Ridge Township | — | $107,536 (±$30,490) | — |
| Perry Township (Clay County) | 5.0 mi | $75,707 (±$20,865) | Not measurably different |
| Washington Township (Clay County) | 5.4 mi | $48,594 (±$21,301) | Lower |
| Jackson Township (Clay County) | 6.6 mi | $95,590 (±$27,705) | Not measurably different |
| Clay City | 7.1 mi | $72,292 (±$28,590) | Not measurably different |
| Harrison Township (Clay County) | 7.7 mi | $72,500 (±$20,455) | Not measurably different |
| Posey Township (Clay County) | 7.9 mi | $93,664 (±$7,348) | Not measurably different |
| Marion Township (Owen County) | 8.0 mi | $74,096 (±$7,577) | Lower |
| Cass Township (Clay County) | 8.3 mi | $51,711 (±$41,203) | Lower |
Nearby places with a measurably lower figure: Washington Township (Clay County), IN ($48,594), Marion Township (Owen County), IN ($74,096), Cass Township (Clay County), IN ($51,711).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Clay County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Sugar Ridge Township | $107,536 (±$30,490) |
| 2 | Jackson Township (Clay County) | $95,590 (±$27,705) |
| 3 | Posey Township (Clay County) | $93,664 (±$7,348) |
| 4 | Carbon | $86,667 (±$35,172) |
| 5 | Lewis Township | $81,964 (±$31,821) |
| 6 | Perry Township (Clay County) | $75,707 (±$20,865) |
| 7 | Harrison Township (Clay County) | $72,500 (±$20,455) |
Showing 7 of 17 places in Clay 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 Sugar Ridge Township
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Sugar Ridge Township beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Sugar Ridge Township, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Sugar Ridge Township, and send estimates and invoices from your phone.
Questions about Sugar Ridge Township
What is the median household income in Sugar Ridge Township?
The median household income in Sugar Ridge Township is $107,536 (±$30,490) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Sugar Ridge Township?
About $34,400 a year, if rent is to stay at or below 30% of income at the median gross rent of $860 a month.
Have incomes in Sugar Ridge Township kept up with inflation?
In Sugar Ridge Township, the median household income went from $50,000 in 2015–2019 to $107,536 in 2020–2024 (+115.1%).
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 Sugar Ridge Township?
The median renting household in Sugar Ridge Township, IN earns $66,023 (±$63,188) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Sugar Ridge township, Clay County, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Sugar Ridge township, Clay County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Sugar Ridge township, Clay County, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Sugar Ridge township, Clay County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Sugar Ridge township, Clay County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Sugar Ridge township, Clay 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 Sugar Ridge township, Clay County, Indiana (county subdivision:73988, in state:18 county:021).
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 Sugar Ridge Township at a glance
- Homeowner costs in Sugar Ridge Township
- Types of homes in Sugar Ridge Township
- Age of homes in Sugar Ridge Township
- Heating fuel in Sugar Ridge Township
- Commute and cars in Sugar Ridge Township
- Population growth in Sugar Ridge Township
- Indiana landlord and tenant rules
- Housing across Clay County
- Indiana places ranked by median household income
- Housing data for every place in Indiana