Floyd County, Indiana
Income Data
At a Glance
How Floyd County Compares
Detailed Income Statistics
Data Story
About Household Income in Floyd County, Indiana
Floyd County income exceeds national median
Floyd County households earn $78,179 annually, nearly $3,500 more than the national median of $74,755, placing it in the upper-middle income tier nationally. This above-average performance signals a relatively prosperous local economy.
Among Indiana's highest-earning counties
Floyd County's median household income of $78,179 significantly exceeds Indiana's state average of $68,681 by over 13%, ranking it in the top tier of the state's counties. This strong performance reflects robust local employment and wage structures.
Second-highest income among measured peers
Floyd County ($78,179) trails only Franklin County ($79,702) and substantially outearns all other measured counties, including Dubois ($71,918), DeKalb ($70,080), and Elkhart ($65,617). Floyd anchors the most prosperous tier in the region.
Housing remains very affordable for Floyd
With a rent-to-income ratio of just 15.2%, Floyd residents spend approximately $995 monthly on housing costs—comfortably within affordability standards. The median home value of $235,100 is well-supported by the county's strong median income.
Floyd households can build substantial wealth
Above-average incomes and favorable housing ratios position Floyd residents to fund diverse investments: 401(k)s, IRAs, taxable brokerage accounts, and real estate. Engaging a fee-only financial planner can help optimize long-term wealth accumulation strategies.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Floyd County median
County median: $78,179 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
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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.