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Income

Explore research, resources, and data related to Indiana kids and overall child well-being topics.

Data & Research
Median Household Income

Household employment is a measure of how many members of a household had employment within the past 12 months.

Years included: 2018-2022

Source: Source: U.S. Census Bureau, ACS 5-Year Estimates S2302

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Household Employment

Household employment is a measure of how many members of a household had employment within the past 12 months.

Years included: 2018-2022

Source: Source: U.S. Census Bureau, ACS 5-Year Estimates S2302

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CollegeChoice 529 Rate per 1,000 Data Set

A CollegeChoice 529 plan is a tax-advantaged savings plan designed to help pay for education costs related to post-secondary education, K-12 education, and apprenticeships. They can also be used to pay off student loans. The rate per 1,000 represents the number of active accounts per every 1,000 youth under 18.

Years included: 2023

Source: Indiana Education Savings Authority

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Children Living in Poverty Data Set

Poverty is a state in which an individual or group of individuals does not have sufficient resources to purchase basic necessities such as food, clothing, or housing. Poverty is most commonly calculated by using poverty thresholds, which vary based on family size and composition. If a family’s or individual’s total income is less than the family’s poverty threshold, then every member of that family, including children, is in poverty. The Census Bureau relies on two measure of poverty designed to work in tandem with, not replace, each other – the Official Poverty Measure (OPM) and the Supplemental Poverty Measure (SPM).

Years included: 2018-2022

Source: U.S. Census Bureau, ACS 5-Year Estimates B17001

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Debt-to-Income Ratio Data Set

Debt-to-income ratio (DTI) is a ratio of a household’s aggregate, or total, debt (excluding student loans) divided by aggregate annual income. Debt is money owed in exchange for loans or for goods or services purchased with credit.

Years included: 2021, 2022

Source: Federal Reserve System

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Children Living in Deep Poverty Data Set

Deep poverty, sometimes referred to as extreme poverty, occurs when an individual(s) is living in a household with a total cash income below 50% of its poverty threshold.

Years included: 2018-2022

Source: U.S. Census Bureau, ACS 5-Year Estimates B17024

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Free or Reduced-Price Lunch Enrollment Data Set

Free and reduced-price lunches at school are provided to income-eligible families through the National School Lunch Program (NSLP). Years included: 2023 | Source: Indiana Department of Education via IYI Data Request

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DATA SPOTLIGHT: Tax Credits and Building Economic Mobility for Youth

Indiana Youth Institute Data Brief

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Practical Strategies for Working with Youth in Poverty

Indiana Youth Institute Resource Guide

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Indiana’s Wealth Gap

Indiana Youth Institute Data Brief

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Research
What is a 529?