IncomeBy County

Pike County, Indiana

+2% vs. Indiana average
$71,334
Median Household Income
$35,974
Per Capita Income

At a Glance

Median Household Income
$71,334
+2% vs. state avg
Per Capita Income
$35,974
-9% vs. national
Income-to-Housing Ratio
46.1%
income as % of home value
Rank in Indiana
#36 / 92
by median household income

Economic Indicators

Unemployment Rate
N/A
Labor Force Participation
N/A

How Pike County Compares

Pike County$71,334
Indiana Average$70,257
National Median$74,755

Detailed Income Statistics

$71,334
Median Household Income
$35,974
Per Capita Income
$154,900
Median Home Value
46.1%
Income-to-Housing Ratio

Income Advisory: Pike County

Income Verdict

Pike County has a median household income of $66,250 and per capita income of $33,085 — a gap of $33,165, suggesting a typical mix of dual-income and single-earner households.

Housing Affordability

With median gross rent at $676/month and a median household income of $66,250, rent consumes approximately 12.2% of monthly income — well within affordable thresholds.

Economic Context

A median household income of $66,250 suggests moderate-to-strong purchasing power, generally sufficient to cover essentials with room for discretionary spending in most markets. Per capita income of $33,085 is in line with national norms for individual earners.

Neighbor Context

Pike County earns approximately 3.5% below the Indiana state median household income of $68,681.

Data Story

About Household Income in Pike County, Indiana

Pike trails national income expectations

Pike County's median household income of $66,250 falls $8,505 short of the national median of $74,755, positioning it in the lower-middle income tier nationally. However, Pike's per capita income of $33,085 remains close to Indiana's state average.

Pike ranks slightly below Indiana average

Pike County's median household income of $66,250 trails Indiana's state average of $68,681 by $2,431, positioning it slightly below the state midpoint among 92 counties. This places Pike among Indiana's moderately-performing communities.

Pike ranks near middle of regional peers

Pike County's $66,250 median household income outpaces Owen ($59,586), Perry ($61,099), and Orange ($64,758), but trails Noble ($70,908) and lags Parke ($66,776). Pike maintains moderate competitive standing regionally.

Pike offers the region's best housing value

Pike County's rent-to-income ratio of 12.2% is the lowest in the region, with households spending just 40% of the sustainable 30% threshold on rent. The median home value of $128,400 is the most affordable in the area, providing excellent housing security.

Pike residents can maximize affordability

With median household income of $66,250 and the region's lowest housing costs, Pike County families have excellent opportunity to build wealth through savings and investments. Capitalize on your housing advantage by directing savings toward retirement accounts, education funds, and wealth-building vehicles.

Frequently Asked Questions

What is the median household income in Pike County, Indiana?
The median household income in Pike County, Indiana is $71,334, 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 Pike County?
The per capita income in Pike County is $35,974, 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 $71,334.
How does Pike County compare to the Indiana average?
Pike County's median household income of $71,334 is higher than the Indiana state average of $70,257. The per capita income is $35,974, compared to the state average of $35,834.
What is the per capita income in Pike County, Indiana?
The per capita income in Pike County, Indiana is $35,974, 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.
Why is Pike County income higher than the Indiana average?
Pike County's median household income of $71,334 is higher than the Indiana average of $70,257. This difference of $1,077 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Pike County rank for income in Indiana?
Pike County ranks #36 out of 92 counties in Indiana by median household income (1 = highest). With a median household income of $71,334 and per capita income of $35,974, it falls in the middle third of counties statewide.

Income Comparison Calculator

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County median: $71,334 per year

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vs. State Average

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vs. National Median

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vs. Pike County MedianAbout equal
vs. Indiana Average2% above
vs. National Median5% below

Income Adequacy

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Your monthly income ($5,945) vs. median rent ($739/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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By Evan Brooks, Data EditorUpdated Reviewed by Evan Brooks, Data Editor

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