Grant County, Indiana Income Statistics
Grant County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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D
Grant County Well below averageAmong the 5 least wealthy counties in Indiana
Source: Map AI Methodology
Income Statistics Overview
| Metric | Grant County | Indiana Avg | US Average |
|---|---|---|---|
| Median Household Income | $53,252 | $71,967 | $80,455 |
| Median Personal Income | $47,458 | $55,757 | $60,758 |
| Average Yearly Income Growth | 3.6% | 4.5% | 4.8% |
| Six-Figure Earners | 5.0% | 10.2% | 13.9% |
| $200k+ Households | 3.0% | 8.2% | 13.2% |
The median household income in Grant County is about 26% lower than in Indiana. Income has been growing slower in Grant County (3.6%/yr) than in Indiana (4.5%/yr).
About 5% of adults in Grant County earn six figures ($100,000 or more) a year, lower than the Indiana average of 10%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Grant County, Indiana grew by 37.2% from 2009 to 2024, reaching $53,252 in 2024. That's an average of about 3.6% per year.
Income Inequality and the Gender Pay Gap in Grant County
| Metric | Grant County | Indiana Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.534 | 0.534 | 0.552 |
| Male Median Income | $54,258 | $65,086 | $69,667 |
| Female Median Income | $44,692 | $51,220 | $56,850 |
| Gender Pay Gap | 17.6% | 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 Grant County, it is 0.534, 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 21% more than women's income in Grant County, Indiana. Over a 35-year career, a 21% wage gap accumulates to roughly $334,810 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Grant County, Indiana has narrowed from about 27% to 18% in 2024. Over that period the gap was narrowest at 17% in 2023. In dollar terms, the gap has narrowed by $1,508 since 2009.
Employment
| Metric | Grant County | Indiana Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.3% | 4.3% | 5.2% |
| Working from Home | 7.8% | 10.7% | 15.0% |
| Commute time (minutes) | 16 | 21 | 22 |
Approximately 1,970 people are unemployed in Grant County, Indiana.
The average commute time in Grant County is 16 minutes, shorter than the 21 minutes in Indiana.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Grant County, Indiana has fallen from 11.2% to 6.3% in 2024.
Grant County, IN Wealth Compared With Nearby Counties
Grant County, IN is the 3rd largest of the 6 counties compared here, 66,295 residents against a local median of 36,800. The measure that sets Grant County, IN apart most is unemployment: 6.3%, 69% above the local median of 3.7%. That is the weaker end of the local range on this measure.
Income growth tells the same story from another angle: 3.6%/yr against a local median of 4.5%/yr, 20% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: Grant County, IN reads weaker than its neighbours on all of them. The counties themselves spread 2.5% on unemployment, so Grant County, IN sits at one end of an already wide local range rather than apart from it. Grant County, IN has the 6th lowest unemployment of the 6 areas compared here.
| 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. |
|---|---|---|---|---|---|
| Grant County, IN | 66,295 | $53,252 #5/6 | 3.6%/yr #6/6 | 6.3% #6/6 | 0.534 #5/6 |
| Blackford County, IN | 11,950 | $52,492 | 4.0%/yr | 3.7% | 0.523 |
| Huntington County, IN | 36,800 | $67,617 | 4.5%/yr | 3.5% | 0.493 |
| Wabash County, IN | 30,844 | $67,266 | 4.5%/yr | 3.4% | 0.527 |
| Madison County, IN | 131,900 | $63,494 | 4.5%/yr | 5.9% | 0.522 |
| Delaware County, IN | 112,280 | $57,596 | 4.8%/yr | 5.8% | 0.545 |
Conclusion
Considering all these factors, Grant County, Indiana has an overall wealth index grade of D, making it somewhat worse than Indiana, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Grant County, Indiana.
How Rich Is Grant County, Indiana?
Grant County has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $53,252, about 26% lower than the Indiana average of $71,967.
How has median household income changed in Grant County, Indiana?
Between 2009 and 2024, the median household income in Grant County, Indiana rose 37%, from $38,819 to $53,252. Over the same years, income here lagged behind Indiana as a whole: +37% against +52%.
What was the median household income in Grant County in 2023?
In 2023, the median household income in Grant County, Indiana was $54,240, up 2% from $53,330 in 2022. The Indiana median that year was $70,115.
What was the median household income in Grant County in 2020?
In 2020, the median household income in Grant County, Indiana was $46,937. By 2024 it had risen 13% to $53,252.
How strong is the job market in Grant County, Indiana?
Unemployment in Grant County, Indiana is 6.3%, well above the Indiana rate of 4.3%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Grant County, Indiana?
The Gini coefficient in Grant County is 0.534. 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 Grant County, Indiana?
Since 2009, the income gap between men and women in Grant County, Indiana has narrowed from about 27% to 18% in 2024. Over that period the gap was narrowest at 17% in 2023. In dollar terms, the gap has narrowed by $1,508 since 2009.
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