What is the median household income in Wayne Township (Marion County), IN?
The median household income in Wayne Township (Marion County), IN is $57,059 (±$2,375) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,117 a month would take about $44,700 a year at the common guideline of spending no more than 30% of income on rent.
In Wayne Township (Marion County), the median household income went from $42,039 in 2015–2019 to $57,059 in 2020–2024 (+35.7%).
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
- $57,059 (±$2,375)
- Median renter income
- $43,469 (±$4,643)
- Income to afford median rent
- about $44,700
Income in Wayne Township (Marion County) against Marion County, its state and the nation
| Wayne Township (Marion County) | Marion County | Indiana | United States | |
|---|---|---|---|---|
| Median household income | $57,059 (±$2,375) | $66,346 (±$943) | $71,957 (±$352) | $80,734 |
| Median renter household income | $43,469 (±$4,643) | $45,770 (±$1,355) | $42,811 (±$480) | $52,966 |
| Median owner household income | $71,382 (±$2,695) | $88,581 (±$1,414) | $87,459 (±$395) | $100,009 |
| Median gross rent | $1,117 (±$21) | $1,153 (±$10) | $1,062 (±$5) | $1,413 |
In Wayne Township (Marion County), median household income is lower than in Marion County ($66,346).
It is also lower than in Indiana ($71,957).
It is lower than the national figure ($80,734).
In Marion County, Wayne Township (Marion County) ranks 22 of 25 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1219 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 Wayne Township (Marion 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 $1,117 a month ($13,404 a year) needs an income of about $44,700 a year.
The median renting household in Wayne Township (Marion County) earns $43,469 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 | $42,039 (±$1,109) | $57,059 (±$2,375) | +35.7% | Up after inflation |
| Median gross rent | $855 (±$15) | $1,117 (±$21) | +30.6% | Up after inflation |
| Median home value | $99,400 (±$2,047) | $167,400 (±$4,124) | +68.4% | 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 Wayne Township (Marion County)
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Wayne Township (Marion County) | — | $57,059 (±$2,375) | — |
| Speedway | 1.8 mi | $60,147 (±$4,988) | Not measurably different |
| Clermont | 4.4 mi | $82,083 (±$18,495) | Higher |
| Wynnedale | 5.4 mi | $111,250 (±$42,503) | Higher |
| Spring Hill | 5.8 mi | $138,750 (±$21,675) | Higher |
| Indianapolis | 6.2 mi | $66,219 (±$993) | Higher |
| Decatur Township | 6.4 mi | $70,206 (±$5,586) | Higher |
| Center Township (Marion County) | 6.5 mi | $55,129 (±$2,516) | Not measurably different |
| Avon | 7.0 mi | $98,486 (±$7,607) | Higher |
Nearby places with a measurably higher figure: Clermont, IN ($82,083), Wynnedale, IN ($111,250), Spring Hill, IN ($138,750).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Marion County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 16 | Decatur Township | $70,206 (±$5,586) |
| 17 | Pike Township (Marion County) | $69,398 (±$2,652) |
| 18 | Perry Township (Marion County) | $66,897 (±$2,593) |
| 19 | Indianapolis | $66,219 (±$993) |
| 20 | Speedway | $60,147 (±$4,988) |
| 21 | Warren Township (Marion County) | $58,962 (±$2,875) |
| 22 | Wayne Township (Marion County) | $57,059 (±$2,375) |
| 23 | Center Township (Marion County) | $55,129 (±$2,516) |
| 24 | Beech Grove | $49,973 (±$4,739) |
| 25 | Warren Park | $42,906 (±$6,076) |
Showing 10 of 25 places in Marion 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 Wayne Township (Marion County)
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Questions about Wayne Township (Marion County)
What is the median household income in Wayne Township (Marion County)?
The median household income in Wayne Township (Marion County) is $57,059 (±$2,375) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Wayne Township (Marion County)?
About $44,700 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,117 a month.
Have incomes in Wayne Township (Marion County) kept up with inflation?
In Wayne Township (Marion County), the median household income went from $42,039 in 2015–2019 to $57,059 in 2020–2024 (+35.7%).
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 Wayne Township (Marion County)?
The median renting household in Wayne Township (Marion County), IN earns $43,469 (±$4,643) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Wayne township, Marion County, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Wayne township, Marion County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Wayne township, Marion County, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Wayne township, Marion County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Wayne township, Marion County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Wayne township, Marion 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 Wayne township, Marion County, Indiana (county subdivision:81800, in state:18 county:097).
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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- Home values in Wayne Township (Marion County)
- Homeowner costs in Wayne Township (Marion County)
- Property taxes in Wayne Township (Marion County)
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- Age of homes in Wayne Township (Marion County)
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- Population growth in Wayne Township (Marion County)
- How long people stay in Wayne Township (Marion County)
- Crowding and facilities in Wayne Township (Marion County)
- Fair Market Rent in Wayne Township (Marion County)
- Indiana landlord and tenant rules
- Housing across Marion County
- Indiana places ranked by median household income
- Housing data for every place in Indiana