Elkhart County, Indiana
Income Data
At a Glance
How Elkhart County Compares
Detailed Income Statistics
Data Story
About Household Income in Elkhart County, Indiana
Elkhart income trails U.S. benchmark
Elkhart County households earn $65,617 annually, roughly $9,100 below the national median of $74,755, placing the county in the lower-middle income category. While not impoverished, Elkhart faces a meaningful earnings gap compared to national norms.
Below Indiana's state income average
At $65,617, Elkhart County falls short of Indiana's state average of $68,681 by about 4.5%, ranking it in the lower half of the state's counties. This below-average position reflects economic pressures specific to the region.
Among the lower-earning measured counties
Elkhart ($65,617) earns less than all higher-performing neighbors like Dubois ($71,918), DeKalb ($70,080), Floyd ($78,179), and Franklin ($79,702), but slightly outpaces Fountain County ($62,526). The county occupies a middle tier in the regional income hierarchy.
Housing costs rising in Elkhart
Elkhart's rent-to-income ratio of 18.7% means residents spend roughly $1,023 monthly on housing—approaching affordability stress thresholds. The median home value of $194,400 relative to median income suggests households are stretched financially.
Strategic savings matter in Elkhart
Given tighter margins, Elkhart households should automate savings through payroll deductions and seek employer retirement matches immediately. Even small, consistent contributions to a 401(k) or IRA can build meaningful wealth over time.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Elkhart County median
County median: $65,617 per year
vs. County Median
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vs. State Average
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vs. National Median
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Income Adequacy
Your monthly income ($5,468) vs. median rent ($1,023/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.