GITNUX MARKETDATA REPORT 2024

Statistics About The Average Household Income Indiana

The average household income in Indiana is approximately $58,000.

In this post, we will explore a comprehensive overview of household income statistics in Indiana. From the average household income state-wide to specific figures in different counties and cities, we delve into key data points such as median family income, income disparities between genders, educational attainment levels, and changes in income trends over the past decade. Discover how these statistics paint a picture of the economic landscape in Indiana and shed light on income distribution across various demographics.

Statistic 1

"The average household income in Indiana is $57,603."

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Statistic 2

"Indiana's median family income in 2019 was $70,642."

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Statistic 3

"Hamilton County has the highest median household income in Indiana, at approximately $101,493."

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Statistic 4

"The median household income for Indiana residents with a Bachelor's degree is around $57,733."

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Statistic 5

"The average income of male employees in Indiana is 1.35 times higher than the average income of female employees."

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Statistic 6

"The median household income in Indianapolis, Indiana, is approximately $46,178."

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Statistic 7

"Goshen city has a median household income in 2019 of about $47,063."

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Statistic 8

"The average household income in Allen county, Indiana was $59,926 in the 2019 survey."

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Statistic 9

"The average income of a household in Indiana has increased by 23% over the past decade."

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Statistic 10

"The median family income in Indiana improved by 2.2% from 2018 to 2019."

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Statistic 11

"The poorest county in Indiana, Crawford County, has a median income of just over $41,000."

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Statistic 12

"Starke County income per capita is $20,441, which includes all adults and children, is 26.04% lower than the national average."

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Statistic 13

"Married couple families have a median income of $88,607 in Indiana."

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Statistic 14

"While individuals with Graduate or professional degrees in Indiana have an average income of $69,883."

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Statistic 15

"The average income of households in Indiana has grown by 11.6% in the past 5 years"

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In analyzing the household income statistics in Indiana, it is evident that there are significant variations across different regions and demographics. The data shows that while the state’s average household income is $57,603, there is a notable disparity between counties, with Hamilton County boasting the highest median income at approximately $101,493. Furthermore, there are clear discrepancies in income based on factors such as education level and gender, with individuals holding Bachelor’s degrees earning around $57,733 on average and male employees earning 1.35 times more than female employees on average. The statistics also reveal positive trends in income growth, with the average household income in Indiana increasing by 23% over the past decade and the median family income improving by 2.2% from 2018 to 2019. However, there are also areas of concern, such as the stark income disparities seen in counties like Crawford County and Starke County. Overall, these statistics underscore the complex and multifaceted nature of income dynamics in Indiana.

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