Parke County, Indiana
Income Data
At a Glance
How Parke County Compares
Detailed Income Statistics
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
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Income Comparison Calculator
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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
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vs. National Median
-11%
Income Adequacy
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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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.