Parke County, Indiana

Income Data

-3% vs. Indiana average
$66,776
Median Household Income
$31,264
Per Capita Income

At a Glance

Median Household Income
$66,776
-3% vs. state avg
Per Capita Income
$31,264
-21% vs. national
Income-to-Housing Ratio
47.9%
income as % of home value
Rank in Indiana
#46 / 92
by median household income

How Parke County Compares

Parke County$66,776
Indiana Average$68,681
National Median$74,755

Detailed Income Statistics

$66,776
Median Household Income
$31,264
Per Capita Income
$139,300
Median Home Value
47.9%
Income-to-Housing Ratio

Data Story

About Household Income in Parke County, Indiana

Parke underperforms the national income level

Parke County's median household income of $66,776 falls $7,979 below the national median of $74,755, placing it in the lower-middle income range nationally. However, the county's per capita income of $31,264 trails Indiana's average, suggesting less distributed earning power.

Below Indiana's median income standard

Parke County's median household income of $66,776 ranks $1,905 below Indiana's state average of $68,681, positioning it slightly below the state midpoint among 92 counties. This places Parke in the lower-middle tier of Indiana's income distribution.

Parke competes modestly with regional peers

Parke County's $66,776 median household income outpaces Owen ($59,586), Perry ($61,099), and Orange ($64,758), though it trails Noble ($70,908) and Pike ($66,250). Among its region, Parke shows modest competitive strength.

Housing remains affordable in Parke

Parke County's rent-to-income ratio of 13.1% is among the lowest in the region, with households spending well below the 30% sustainable threshold for rent. The median home value of $139,300 is affordable relative to median household income, providing housing stability for most residents.

Parke households can leverage affordability

With median household income of $66,776 and low housing costs, Parke County residents have relative breathing room to invest in retirement savings and education. Take advantage of your housing affordability advantage by building emergency funds and exploring tax-advantaged investment accounts.

Frequently Asked Questions

What is the median household income in Parke County, Indiana?
The median household income in Parke County, Indiana is $66,776, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Parke County?
The per capita income in Parke County is $31,264, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $66,776.
How does Parke County compare to the Indiana average?
Parke County's median household income of $66,776 is lower than the Indiana state average of $68,681. The per capita income is $31,264, compared to the state average of $34,773.
What is the per capita income in Parke County, Indiana?
The per capita income in Parke County, Indiana is $31,264, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Is Parke County a low-income area in Indiana?
Parke County's median household income of $66,776 is below the Indiana average of $68,681. The per capita income of $31,264 is also lower than the state average of $34,773. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Parke County rank for income in Indiana?
Parke County ranks #46 out of 92 counties in Indiana by median household income (1 = highest). With a median household income of $66,776 and per capita income of $31,264, it falls in the middle third of counties statewide.

Income Comparison Calculator

See how your household income compares in Parke County

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Your income is above the Parke County median

County median: $66,776 per year

vs. County Median

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vs. State Average

-3%

vs. National Median

-11%

vs. Parke County MedianAbout equal
vs. Indiana Average3% below
vs. National Median11% below

Income Adequacy

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Your monthly income ($5,565) vs. median rent ($731/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.