What is the median household income in Wabash Township (Adams County), IN?
The median household income in Wabash Township (Adams County), IN is $61,250 (±$13,805) a year (2020–2024 American Community Survey).
Paying the median gross rent of $698 a month would take about $27,900 a year at the common guideline of spending no more than 30% of income on rent.
In Wabash Township (Adams County), the median household income went from $43,750 in 2015–2019 to $61,250 in 2020–2024 (+40.0%).
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
- $61,250 (±$13,805)
- Median renter income
- $27,762 (±$5,940)
- Income to afford median rent
- about $27,900
Income in Wabash Township (Adams County) against Adams County, its state and the nation
| Wabash Township (Adams County) | Adams County | Indiana | United States | |
|---|---|---|---|---|
| Median household income | $61,250 (±$13,805) | $65,289 (±$4,066) | $71,957 (±$352) | $80,734 |
| Median renter household income | $27,762 (±$5,940) | $36,550 (±$4,757) | $42,811 (±$480) | $52,966 |
| Median owner household income | $73,466 (±$8,531) | $71,853 (±$3,725) | $87,459 (±$395) | $100,009 |
| Median gross rent | $698 (±$121) | $833 (±$52) | $1,062 (±$5) | $1,413 |
In Wabash Township (Adams County), median household income is not measurably different from Adams County ($65,289).
It is not measurably different from Indiana ($71,957).
It is lower than the national figure ($80,734).
In Adams County, Wabash Township (Adams County) ranks 11 of 16 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1079 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 Wabash Township (Adams 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 $698 a month ($8,376 a year) needs an income of about $27,900 a year.
The median renting household in Wabash Township (Adams County) earns $27,762 a year, less than that.
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 | $43,750 (±$8,749) | $61,250 (±$13,805) | +40.0% | No measurable change after inflation |
| Median gross rent | $541 (±$80) | $698 (±$121) | +29.0% | No measurable change after inflation |
| Median home value | $154,400 (±$9,646) | $164,600 (±$9,806) | +6.6% | Down 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 Wabash Township (Adams County)
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Wabash Township (Adams County) | — | $61,250 (±$13,805) | — |
| Geneva | 1.6 mi | $52,500 (±$11,641) | Not measurably different |
| Berne | 3.5 mi | $62,159 (±$21,397) | Not measurably different |
| Jefferson Township (Adams County) | 4.9 mi | $46,645 (±$28,004) | Not measurably different |
| Hartford Township | 5.0 mi | $59,848 (±$37,912) | Not measurably different |
| Bryant | 5.4 mi | $58,295 (±$17,501) | Not measurably different |
| Monroe Township (Adams County) | 6.1 mi | $73,894 (±$14,834) | Not measurably different |
| Bearcreek Township | 6.2 mi | $76,750 (±$52,355) | Not measurably different |
| Wabash Township (Jay County) | 7.0 mi | $39,423 (±$26,551) | 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 Adams County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 5 | Monroe | $74,063 (±$21,122) |
| 6 | Monroe Township (Adams County) | $73,894 (±$14,834) |
| 7 | Union Township (Adams County) | $72,031 (±$43,729) |
| 8 | Root Township | $63,492 (±$7,008) |
| 9 | Berne | $62,159 (±$21,397) |
| 10 | Washington Township (Adams County) | $61,371 (±$6,667) |
| 11 | Wabash Township (Adams County) | $61,250 (±$13,805) |
| 12 | Hartford Township | $59,848 (±$37,912) |
| 13 | Blue Creek Township | $59,330 (±$21,689) |
| 14 | Decatur | $58,646 (±$5,324) |
| 15 | Geneva | $52,500 (±$11,641) |
| 16 | Jefferson Township (Adams County) | $46,645 (±$28,004) |
Showing 12 of 16 places in Adams 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 Wabash Township (Adams County)
What is the median household income in Wabash Township (Adams County)?
The median household income in Wabash Township (Adams County) is $61,250 (±$13,805) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Wabash Township (Adams County)?
About $27,900 a year, if rent is to stay at or below 30% of income at the median gross rent of $698 a month.
Have incomes in Wabash Township (Adams County) kept up with inflation?
In Wabash Township (Adams County), the median household income went from $43,750 in 2015–2019 to $61,250 in 2020–2024 (+40.0%).
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 Wabash Township (Adams County)?
The median renting household in Wabash Township (Adams County), IN earns $27,762 (±$5,940) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Wabash township, Adams County, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Wabash township, Adams County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Wabash township, Adams County, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Wabash township, Adams County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Wabash township, Adams County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Wabash township, Adams 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 Wabash township, Adams County, Indiana (county subdivision:79262, in state:18 county:001).
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 Wabash Township (Adams County) at a glance
- Median rent in Wabash Township (Adams County)
- Rent by bedrooms in Wabash Township (Adams County)
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- Renters and owners in Wabash Township (Adams County)
- Home values in Wabash Township (Adams County)
- Homeowner costs in Wabash Township (Adams County)
- Property taxes in Wabash Township (Adams County)
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- Population growth in Wabash Township (Adams County)
- How long people stay in Wabash Township (Adams County)
- Crowding and facilities in Wabash Township (Adams County)
- Indiana landlord and tenant rules
- Housing across Adams County
- Indiana places ranked by median household income
- Housing data for every place in Indiana