What is the median household income in Tippecanoe Township (Carroll County), IN?
The median household income in Tippecanoe Township (Carroll County), IN is $61,438 (±$20,883) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,251 a month would take about $50,000 a year at the common guideline of spending no more than 30% of income on rent.
In Tippecanoe Township (Carroll County), the median household income went from $58,286 in 2015–2019 to $61,438 in 2020–2024 (+5.4%).
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
- $61,438 (±$20,883)
- Median renter income
- $84,219 (±$27,629)
- Income to afford median rent
- about $50,000
Income in Tippecanoe Township (Carroll County) against Carroll County, its state and the nation
| Tippecanoe Township (Carroll County) | Carroll County | Indiana | United States | |
|---|---|---|---|---|
| Median household income | $61,438 (±$20,883) | $65,645 (±$4,422) | $71,957 (±$352) | $80,734 |
| Median renter household income | $84,219 (±$27,629) | $46,015 (±$9,301) | $42,811 (±$480) | $52,966 |
| Median owner household income | $58,824 (±$10,697) | $70,629 (±$3,733) | $87,459 (±$395) | $100,009 |
| Median gross rent | $1,251 (±$741) | $890 (±$102) | $1,062 (±$5) | $1,413 |
In Tippecanoe Township (Carroll County), median household income is not measurably different from Carroll County ($65,645).
It is not measurably different from Indiana ($71,957).
It is not measurably different from the national figure ($80,734).
In Carroll County, Tippecanoe Township (Carroll County) ranks 12 of 19 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1067 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 Tippecanoe Township (Carroll 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 $1,251 a month ($15,012 a year) needs an income of about $50,000 a year.
The median renting household in Tippecanoe Township (Carroll County) earns $84,219 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 | $58,286 (±$11,062) | $61,438 (±$20,883) | +5.4% | No measurable change after inflation |
| Median gross rent | $727 (±$528) | $1,251 (±$741) | +72.1% | No measurable change after inflation |
| Median home value | $139,300 (±$19,149) | $181,000 (±$21,453) | +29.9% | 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 Tippecanoe Township (Carroll County)
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Tippecanoe Township (Carroll County) | — | $61,438 (±$20,883) | — |
| Delphi | 3.7 mi | $59,972 (±$19,667) | Not measurably different |
| Yeoman | 3.8 mi | $49,861 (±$36,788) | Not measurably different |
| Jefferson Township (Carroll County) | 5.0 mi | $57,734 (±$14,443) | Not measurably different |
| Deer Creek Township (Carroll County) | 5.8 mi | $61,627 (±$8,683) | Not measurably different |
| Washington Township (Tippecanoe County) | 7.3 mi | $70,536 (±$11,041) | Not measurably different |
| Brookston | 7.4 mi | $63,182 (±$11,975) | Not measurably different |
| Chalmers | 8.2 mi | $70,500 (±$7,848) | Not measurably different |
| Prairie Township (White County) | 8.3 mi | $81,731 (±$12,573) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Carroll County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 6 | Burlington | $75,833 (±$19,739) |
| 7 | Liberty Township (Carroll County) | $71,850 (±$40,711) |
| 8 | Clay Township (Carroll County) | $71,042 (±$7,530) |
| 9 | Jackson Township (Carroll County) | $62,188 (±$17,986) |
| 10 | Rock Creek Township (Carroll County) | $62,000 (±$26,803) |
| 11 | Deer Creek Township (Carroll County) | $61,627 (±$8,683) |
| 12 | Tippecanoe Township (Carroll County) | $61,438 (±$20,883) |
| 13 | Washington Township (Carroll County) | $60,313 (±$6,851) |
| 14 | Delphi | $59,972 (±$19,667) |
| 15 | Jefferson Township (Carroll County) | $57,734 (±$14,443) |
| 16 | Monroe Township (Carroll County) | $55,056 (±$7,354) |
| 17 | Camden | $53,000 (±$12,325) |
| 18 | Flora | $51,429 (±$12,286) |
Showing 13 of 19 places in Carroll 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 Tippecanoe Township (Carroll County)
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 Tippecanoe Township (Carroll County) beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Tippecanoe Township (Carroll County), 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 Tippecanoe Township (Carroll County), and send estimates and invoices from your phone.
Questions about Tippecanoe Township (Carroll County)
What is the median household income in Tippecanoe Township (Carroll County)?
The median household income in Tippecanoe Township (Carroll County) is $61,438 (±$20,883) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Tippecanoe Township (Carroll County)?
About $50,000 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,251 a month.
Have incomes in Tippecanoe Township (Carroll County) kept up with inflation?
In Tippecanoe Township (Carroll County), the median household income went from $58,286 in 2015–2019 to $61,438 in 2020–2024 (+5.4%).
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 Tippecanoe Township (Carroll County)?
The median renting household in Tippecanoe Township (Carroll County), IN earns $84,219 (±$27,629) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Tippecanoe township, Carroll County, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Tippecanoe township, Carroll County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Tippecanoe township, Carroll County, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Tippecanoe township, Carroll County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Tippecanoe township, Carroll County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Tippecanoe township, Carroll 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 Tippecanoe township, Carroll County, Indiana (county subdivision:75824, in state:18 county:015).
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 Tippecanoe Township (Carroll County) at a glance
- Home values in Tippecanoe Township (Carroll County)
- Homeowner costs in Tippecanoe Township (Carroll County)
- Property taxes in Tippecanoe Township (Carroll County)
- Types of homes in Tippecanoe Township (Carroll County)
- Bedrooms in Tippecanoe Township (Carroll County)
- Age of homes in Tippecanoe Township (Carroll County)
- Heating fuel in Tippecanoe Township (Carroll County)
- Commute and cars in Tippecanoe Township (Carroll County)
- Population growth in Tippecanoe Township (Carroll County)
- Indiana landlord and tenant rules
- Housing across Carroll County
- Indiana places ranked by median household income
- Housing data for every place in Indiana