Crown Point, Indiana Income Statistics
Crown Point Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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B
Crown Point Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Crown Point | Indiana Avg | US Average |
|---|---|---|---|
| Median Household Income | $99,303 | $71,967 | $80,455 |
| Median Personal Income | $63,665 | $55,757 | $60,758 |
| Average Yearly Income Growth | 5.0% | 4.5% | 4.8% |
| Six-Figure Earners | 13.3% | 10.2% | 13.9% |
| $200k+ Households | 10.7% | 8.2% | 13.2% |
The median household income in Crown Point is about 38% higher than in Indiana. Income has been growing faster in Crown Point (5.0%/yr) than in Indiana (4.5%/yr).
About 13% of adults in Crown Point earn six figures ($100,000 or more) a year, higher than the Indiana average of 10%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Crown Point, Indiana grew by 60.4% from 2009 to 2024, reaching $99,303 in 2024. That's an average of about 5.0% per year.
Income Inequality and the Gender Pay Gap in Crown Point
| Metric | Crown Point | Indiana Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.539 | 0.534 | 0.552 |
| Male Median Income | $78,503 | $65,086 | $69,667 |
| Female Median Income | $55,704 | $51,220 | $56,850 |
| Gender Pay Gap | 29.0% | 21.3% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Crown Point, it is 0.539, about the same as Indiana's 0.534, so income here is about as evenly distributed as there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 41% more than women's income in Crown Point, Indiana. Over a 35-year career, a 41% wage gap accumulates to roughly $797,965 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Crown Point, Indiana has narrowed from about 31% to 29% in 2024. Over that period the gap was widest at 39% in 2020, and was narrowest at 19% in 2013. In dollar terms, the gap has widened by $5,769 since 2009.
Employment
| Metric | Crown Point | Indiana Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.7% | 4.3% | 5.2% |
| Working from Home | 10.0% | 10.7% | 15.0% |
| Commute time (minutes) | 25 | 21 | 22 |
Approximately 346 people are unemployed in Crown Point, Indiana.
The average commute time in Crown Point is 25 minutes, longer than the 21 minutes in Indiana.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Crown Point, Indiana has fallen from 5.5% to 2.7% in 2024. Over that period the rate peaked at 8.7% in 2013.
Crown Point, IN Wealth Compared With Nearby Cities
How Crown Point, IN compares with the 1 cities closest to it.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Crown Point, IN | 27,138 | $99,303 #1/2 | 5.0%/yr #1/2 | 2.7% #1/2 | 0.539 #1/2 |
| Merrillville, IN | 39,705 | $67,875 | 3.2%/yr | 7.4% | 0.551 |
Conclusion
Considering all these factors, Crown Point, Indiana has an overall wealth index grade of B, making it somewhat better than Indiana, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Crown Point, Indiana.
How Rich Is Crown Point, Indiana?
Crown Point has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $99,303, about 38% higher than the Indiana average of $71,967.
How fast is household income rising in Crown Point, Indiana?
Between 2009 and 2024, the median household income in Crown Point, Indiana rose 60%, from $61,897 to $99,303. Over the same years, income here outpaced Indiana as a whole: +60% against +52%.
What was the median household income in Crown Point in 2023?
In 2023, the median household income in Crown Point, Indiana was $95,340, up 4% from $91,728 in 2022. The Indiana median that year was $70,115.
What was the median household income in Crown Point in 2020?
In 2020, the median household income in Crown Point, Indiana was $80,418. By 2024 it had risen 23% to $99,303.
How many people earn six figures in Crown Point, Indiana?
Yes. 13% of adults in Crown Point, Indiana earn $100,000 or more a year (about 1 in 8), against 10% (about 1 in 10) in Indiana. 11% of households have a combined income of $200,000 or more, compared with 8% in Indiana.
Is it hard to find a job in Crown Point, Indiana?
Unemployment in Crown Point, Indiana is only 2.7%, well below the Indiana rate of 4.3%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Crown Point, Indiana?
The Gini coefficient in Crown Point is 0.539. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Crown Point, Indiana?
Since 2009, the income gap between men and women in Crown Point, Indiana has narrowed from about 31% to 29% in 2024. Over that period the gap was widest at 39% in 2020, and was narrowest at 19% in 2013. In dollar terms, the gap has widened by $5,769 since 2009.
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