Tippecanoe County, Indiana Income Statistics
Tippecanoe 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
Tippecanoe County Well below averageLess wealthy than 85% of counties in Indiana
Source: Map AI Methodology
Income Statistics Overview
| Metric | Tippecanoe County | Indiana Avg | US Average |
|---|---|---|---|
| Median Household Income | $60,844 | $71,967 | $80,455 |
| Median Personal Income | $52,378 | $55,757 | $60,758 |
| Average Yearly Income Growth | 3.1% | 4.5% | 4.8% |
| Six-Figure Earners | 8.3% | 10.2% | 13.9% |
| $200k+ Households | 7.2% | 8.2% | 13.2% |
The median household income in Tippecanoe County is about 15% lower than in Indiana. Income has been growing slower in Tippecanoe County (3.1%/yr) than in Indiana (4.5%/yr).
About 8% of adults in Tippecanoe 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 Tippecanoe County, Indiana grew by 44.9% from 2009 to 2024, reaching $60,844 in 2024. That's an average of about 3.1% per year.
Income Inequality and the Gender Pay Gap in Tippecanoe County
| Metric | Tippecanoe County | Indiana Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.580 | 0.534 | 0.552 |
| Male Median Income | $60,379 | $65,086 | $69,667 |
| Female Median Income | $48,727 | $51,220 | $56,850 |
| Gender Pay Gap | 19.3% | 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 Tippecanoe County, it is 0.580, 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 24% more than women's income in Tippecanoe County, Indiana. Over a 35-year career, a 24% wage gap accumulates to roughly $407,820 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Tippecanoe County, Indiana has narrowed from about 28% to 19% in 2024. Over that period the gap was widest at 29% in 2011. In dollar terms, the gap has narrowed by $1,461 since 2009.
Employment
| Metric | Tippecanoe County | Indiana Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.2% | 4.3% | 5.2% |
| Working from Home | 11.1% | 10.7% | 15.0% |
| Commute time (minutes) | 16 | 21 | 22 |
Approximately 3,142 people are unemployed in Tippecanoe County, Indiana.
The average commute time in Tippecanoe County is 16 minutes, shorter than the 21 minutes in Indiana.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Tippecanoe County, Indiana has fallen from 7.8% to 3.2% in 2024. Over that period the rate peaked at 8.4% in 2013 and fell as low as 2.9% in 2023.
Tippecanoe County, IN Wealth Compared With Nearby Counties
Tippecanoe County, IN is the largest of the 6 counties compared here, 189,071 residents against a local median of 24,718. Tippecanoe County, IN's income inequality, at 0.580, runs 17% above the 0.494 typical of the counties around it. That is the weaker end of the local range on this measure.
The counties themselves sit within 0.025 of each other on income inequality, a tighter band than the gap between any of them and Tippecanoe County, IN, which makes it a genuine outlier here rather than one end of a wide local spread. Tippecanoe County, IN has the 6th lowest income inequality 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. |
|---|---|---|---|---|---|
| Tippecanoe County, IN | 189,071 | $60,844 #6/6 | 3.1%/yr #5/6 | 3.2% #3/6 | 0.580 #6/6 |
| Montgomery County, IN | 38,312 | $71,247 | 4.5%/yr | 3.3% | 0.517 |
| White County, IN | 24,718 | $67,754 | 3.5%/yr | 3.5% | 0.492 |
| Carroll County, IN | 20,535 | $66,172 | 2.6%/yr | 3.1% | 0.494 |
| Clinton County, IN | 32,944 | $65,223 | 3.4%/yr | 2.6% | 0.494 |
| Fountain County, IN | 16,615 | $62,702 | 4.0%/yr | 4.7% | 0.510 |
Conclusion
Considering all these factors, Tippecanoe County, Indiana has an overall wealth index grade of D, making it about on par with Indiana, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Tippecanoe County, Indiana.
How Rich Is Tippecanoe County, Indiana?
Tippecanoe 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 $60,844, about 15% lower than the Indiana average of $71,967.
Are incomes growing in Tippecanoe County, Indiana?
Between 2009 and 2024, the median household income in Tippecanoe County, Indiana rose 45%, from $42,003 to $60,844. Over the same years, income here lagged behind Indiana as a whole: +45% against +52%.
What was the median household income in Tippecanoe County in 2023?
In 2023, the median household income in Tippecanoe County, Indiana was $58,536, up 5% from $55,973 in 2022. The Indiana median that year was $70,115.
What was the median household income in Tippecanoe County in 2020?
In 2020, the median household income in Tippecanoe County, Indiana was $52,157. By 2024 it had risen 17% to $60,844.
How strong is the job market in Tippecanoe County, Indiana?
Unemployment in Tippecanoe County, Indiana is only 3.2%, 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 Tippecanoe County, Indiana?
The Gini coefficient in Tippecanoe County is 0.580. 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 Tippecanoe County, Indiana?
Since 2009, the income gap between men and women in Tippecanoe County, Indiana has narrowed from about 28% to 19% in 2024. Over that period the gap was widest at 29% in 2011. In dollar terms, the gap has narrowed by $1,461 since 2009.
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