Owen County, Indiana
Income Data
At a Glance
How Owen County Compares
Detailed Income Statistics
Data Story
About Household Income in Owen County, Indiana
Owen significantly lags national income
Owen County's median household income of $59,586 falls $15,169 below the national median of $74,755, placing it well below the national average. This reflects the economic challenges facing rural Indiana communities with limited wage opportunities.
Owen ranks among Indiana's lowest earners
Owen County's median household income of $59,586 trails Indiana's state average of $68,681 by $9,095, positioning it in the bottom quartile of the state's 92 counties. This significant gap underscores the county's economic constraints.
Owen faces the steepest regional challenge
Owen County's $59,586 median household income ranks lowest among its regional peers, trailing Orange ($64,758), Perry ($61,099), and Noble ($70,908). The county faces distinct economic headwinds compared to surrounding communities.
Housing costs pose affordability risk
Owen County's rent-to-income ratio of 18.4% is the highest in the region, with households spending over 60% of the sustainable 30% threshold on rent alone. Combined with modest median household income, this leaves limited resources for savings, healthcare, and other essentials.
Owen residents can strengthen financial footing
With median household income of $59,586, Owen County families benefit most from low-cost banking services, wage optimization strategies, and employer benefits education. Connect with nonprofit credit counseling and financial coaching services to stretch dollars further and build long-term security.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Owen County median
County median: $59,586 per year
vs. County Median
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vs. State Average
-13%
vs. National Median
-20%
Income Adequacy
Your monthly income ($4,966) vs. median rent ($912/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.