Granger, Indiana Income Statistics
Granger 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.
-
A
Granger Above average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Granger | Indiana Avg | US Average |
|---|---|---|---|
| Median Household Income | $119,710 | $71,967 | $80,455 |
| Median Personal Income | $76,204 | $55,757 | $60,758 |
| Average Yearly Income Growth | 3.4% | 4.5% | 4.8% |
| Six-Figure Earners | 21.5% | 10.2% | 13.9% |
| $200k+ Households | 23.4% | 8.2% | 13.2% |
The median household income in Granger is about 66% higher than in Indiana. Income has been growing slower in Granger (3.4%/yr) than in Indiana (4.5%/yr).
About 21% of adults in Granger 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 Granger, Indiana grew by 33.7% from 2009 to 2024, reaching $119,710 in 2024. That's an average of about 3.4% per year.
Income Inequality and the Gender Pay Gap in Granger
| Metric | Granger | Indiana Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.530 | 0.534 | 0.552 |
| Male Median Income | $96,794 | $65,086 | $69,667 |
| Female Median Income | $66,757 | $51,220 | $56,850 |
| Gender Pay Gap | 31.0% | 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 Granger, it is 0.530, 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 45% more than women's income in Granger, Indiana. Over a 35-year career, a 45% wage gap accumulates to roughly $1,051,295 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Granger, Indiana has narrowed from about 42% to 31% in 2024. In dollar terms, the gap has narrowed by $840 since 2009.
Employment
| Metric | Granger | Indiana Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.6% | 4.3% | 5.2% |
| Working from Home | 13.5% | 10.7% | 15.0% |
| Commute time (minutes) | 20 | 21 | 22 |
Approximately 659 people are unemployed in Granger, Indiana.
The average commute time in Granger is 20 minutes, shorter than the 21 minutes in Indiana.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Granger, Indiana has fallen from 4.7% to 4.6% in 2024. Over that period the rate peaked at 5.8% in 2013 and fell as low as 2.3% in 2018.
Granger, IN Wealth Compared With Nearby Cities
How Granger, 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. |
|---|---|---|---|---|---|
| Granger, IN | 29,240 | $119,710 #1/2 | 3.4%/yr #2/2 | 4.6% #1/2 | 0.530 #2/2 |
| Mishawaka, IN | 44,023 | $54,534 | 4.3%/yr | 6.7% | 0.514 |
Conclusion
Considering all these factors, Granger, Indiana has an overall wealth index grade of A, making it notably better than Indiana, and notably better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Granger, Indiana.
How Rich Is Granger, Indiana?
Granger has a wealth index grade of A. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A grade means residents are much better off than the U.S. average. The median household income is $119,710, about 66% higher than the Indiana average of $71,967.
How has median household income changed in Granger, Indiana?
Between 2009 and 2024, the median household income in Granger, Indiana rose 34%, from $89,549 to $119,710. Over the same years, income here lagged behind Indiana as a whole: +34% against +52%.
What was the median household income in Granger in 2023?
In 2023, the median household income in Granger, Indiana was $111,895, up 3% from $108,864 in 2022. The Indiana median that year was $70,115.
What was the median household income in Granger in 2020?
In 2020, the median household income in Granger, Indiana was $99,835. By 2024 it had risen 20% to $119,710.
How many people earn six figures in Granger, Indiana?
Yes. 21% of adults in Granger, Indiana earn $100,000 or more a year (about 1 in 5), against 10% (about 1 in 10) in Indiana. 23% of households have a combined income of $200,000 or more, compared with 8% in Indiana.
What is the Gini coefficient in Granger, Indiana?
The Gini coefficient in Granger is 0.530. 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 Granger, Indiana?
Since 2009, the income gap between men and women in Granger, Indiana has narrowed from about 42% to 31% in 2024. In dollar terms, the gap has narrowed by $840 since 2009.
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