Terre Haute, Indiana Income Statistics
Terre Haute 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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D
Terre Haute Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Terre Haute | Indiana Avg | US Average |
|---|---|---|---|
| Median Household Income | $42,587 | $71,967 | $80,455 |
| Median Personal Income | $42,595 | $55,757 | $60,758 |
| Average Yearly Income Growth | 3.1% | 4.5% | 4.8% |
| Six-Figure Earners | 5.0% | 10.2% | 13.9% |
| $200k+ Households | 2.8% | 8.2% | 13.2% |
The median household income in Terre Haute is about 41% lower than in Indiana. Income has been growing slower in Terre Haute (3.1%/yr) than in Indiana (4.5%/yr).
About 5% of adults in Terre Haute 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 Terre Haute, Indiana grew by 41.7% from 2009 to 2024, reaching $42,587 in 2024. That's an average of about 3.1% per year.
Income Inequality and the Gender Pay Gap in Terre Haute
| Metric | Terre Haute | Indiana Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.564 | 0.534 | 0.552 |
| Male Median Income | $47,730 | $65,086 | $69,667 |
| Female Median Income | $42,781 | $51,220 | $56,850 |
| Gender Pay Gap | 10.4% | 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 Terre Haute, it is 0.564, higher than Indiana's 0.534, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 12% more than women's income in Terre Haute, Indiana. Over a 35-year career, a 12% wage gap accumulates to roughly $173,215 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Terre Haute, Indiana has narrowed from about 25% to 10% in 2024. Over that period the gap was widest at 25% in 2011. In dollar terms, the gap has narrowed by $4,697 since 2009.
Employment
| Metric | Terre Haute | Indiana Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 7.1% | 4.3% | 5.2% |
| Working from Home | 5.5% | 10.7% | 15.0% |
| Commute time (minutes) | 15 | 21 | 22 |
Approximately 1,764 people are unemployed in Terre Haute, Indiana.
The average commute time in Terre Haute is 15 minutes, shorter than the 21 minutes in Indiana.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Terre Haute, Indiana has fallen from 9.7% to 7.1% in 2024. Over that period the rate peaked at 11.2% in 2015.
Conclusion
Considering all these factors, Terre Haute, 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 Terre Haute, Indiana.
How Rich Is Terre Haute, Indiana?
Terre Haute 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 $42,587, about 41% lower than the Indiana average of $71,967.
How fast is household income rising in Terre Haute, Indiana?
Between 2009 and 2024, the median household income in Terre Haute, Indiana rose 42%, from $30,057 to $42,587. Over the same years, income here lagged behind Indiana as a whole: +42% against +52%.
What was the median household income in Terre Haute in 2023?
In 2023, the median household income in Terre Haute, Indiana was $41,715, up 2% from $41,039 in 2022. The Indiana median that year was $70,115.
What was the median household income in Terre Haute in 2020?
In 2020, the median household income in Terre Haute, Indiana was $38,158. By 2024 it had risen 12% to $42,587.
How strong is the job market in Terre Haute, Indiana?
Unemployment in Terre Haute, Indiana is 7.1%, well above the Indiana rate of 4.3%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Terre Haute, Indiana?
The Gini coefficient in Terre Haute is 0.564. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Terre Haute, Indiana?
Since 2009, the income gap between men and women in Terre Haute, Indiana has narrowed from about 25% to 10% in 2024. Over that period the gap was widest at 25% in 2011. In dollar terms, the gap has narrowed by $4,697 since 2009.
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