Morgan County, Indiana
Income Data
At a Glance
How Morgan County Compares
Detailed Income Statistics
Data Story
About Household Income in Morgan County, Indiana
Morgan County exceeds national income median
Morgan County's median household income of $79,088 exceeds the national median of $74,755 by $4,333, a 5.8% advantage. This positions Morgan County above the national middle, making it the strongest performer among the eight counties profiled.
Highest income in Indiana region
Morgan County's $79,088 income surpasses Indiana's state median of $68,681 by $10,407, placing it in the state's upper-income tier. The county's per capita income of $39,777 is the highest in this group and well above the state average of $34,773.
Outearns all neighboring counties
Morgan County's $79,088 income significantly exceeds all seven other counties profiled: Newton ($68,596), Marshall ($68,041), Montgomery ($66,571), Martin ($65,345), Monroe ($63,372), Marion ($63,450), and Miami ($61,130).
Strong affordability across the board
Morgan County's rent-to-income ratio of 15.0% is well below the 30% affordability threshold, providing substantial breathing room in household budgets. With a median home value of $220,100 and median income of $79,088, homeownership is highly accessible.
Accelerate wealth-building today
Morgan County households earning $79,088 have the region's strongest foundation for aggressive wealth-building—max out 401(k) contributions and explore taxable investment accounts. With manageable housing costs and strong income, this is the time to build generational wealth through diversified investing and consistent saving discipline.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Morgan County median
County median: $79,088 per year
vs. County Median
+0%
vs. State Average
+15%
vs. National Median
+6%
Income Adequacy
Your monthly income ($6,591) vs. median rent ($988/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.