Tippecanoe County, Indiana

Income Data

-15% vs. Indiana average
$58,622
Median Household Income
$32,271
Per Capita Income

At a Glance

Median Household Income
$58,622
-15% vs. state avg
Per Capita Income
$32,271
-18% vs. national
Income-to-Housing Ratio
26.9%
income as % of home value
Rank in Indiana
#81 / 92
by median household income

How Tippecanoe County Compares

Tippecanoe County$58,622
Indiana Average$68,681
National Median$74,755

Detailed Income Statistics

$58,622
Median Household Income
$32,271
Per Capita Income
$217,600
Median Home Value
26.9%
Income-to-Housing Ratio

Data Story

About Household Income in Tippecanoe County, Indiana

Tippecanoe significantly below national mark

Tippecanoe County's median household income of $58,622 lags the national median of $74,755 by over $16,000, the second-largest gap in this profile. Per capita income of $32,271 also trails national averages, despite the presence of Purdue University and higher-education jobs.

Lower-middle tier in Indiana

Tippecanoe County's $58,622 median falls about $10,000 below Indiana's state average of $68,681, ranking in the lower half of the state. Per capita income of $32,271 slightly underperforms the state average, reflecting income inequality and a significant student population.

Weaker than comparable counties

Tippecanoe County's $58,622 median trails most neighboring counties, including Spencer County ($70,890), Steuben County ($71,483), and Tipton County ($78,309). The county's economy reflects the influence of university employment and student housing rather than robust private-sector growth.

Housing costs strain budgets

Tippecanoe County's 22.3% rent-to-income ratio is the highest among these eight counties, approaching affordability crisis levels for renters. Median home values of $217,600—inflated by university-area demand—make homeownership challenging for average-income households.

Control housing to build wealth

Tippecanoe residents face genuine housing cost pressures; the priority is negotiating lower rent or exploring homeownership alternatives before aggressive investing. Once housing stability is secured, even modest monthly contributions to retirement accounts build meaningful long-term wealth.

Frequently Asked Questions

What is the median household income in Tippecanoe County, Indiana?
The median household income in Tippecanoe County, Indiana is $58,622, 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 Tippecanoe County?
The per capita income in Tippecanoe County is $32,271, 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 $58,622.
How does Tippecanoe County compare to the Indiana average?
Tippecanoe County's median household income of $58,622 is lower than the Indiana state average of $68,681. The per capita income is $32,271, compared to the state average of $34,773.
What is the per capita income in Tippecanoe County, Indiana?
The per capita income in Tippecanoe County, Indiana is $32,271, 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 Tippecanoe County a low-income area in Indiana?
Tippecanoe County's median household income of $58,622 is below the Indiana average of $68,681. The per capita income of $32,271 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 Tippecanoe County rank for income in Indiana?
Tippecanoe County ranks #81 out of 92 counties in Indiana by median household income (1 = highest). With a median household income of $58,622 and per capita income of $32,271, it falls in the bottom third of counties statewide.

Income Comparison Calculator

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County median: $58,622 per year

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vs. State Average

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vs. National Median

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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.