1st Advantage MortgageIn Hendricks County, Indiana, the typical household earns $101,144 a year and the typical rent is $1,436. Whatever your own numbers, compare written offers on APR, fees and total cost, and verify the lender is licensed in Indiana before sharing details.
On this page
- A quick profile of Hendricks County
- How much Hendricks County households make
- Renting and owning in Hendricks County
- Work, industries and travel time in Hendricks County
- The counties around Hendricks County
- Towns and communities in Hendricks County
- Room for a loan payment in Hendricks County
- Before borrowing in Hendricks County
- More Hendricks County figures
- A Hendricks County borrower's checklist
- Who licenses lenders for Hendricks County residents
- Nearby and statewide guides
- Frequently asked questions
A quick profile of Hendricks County
With an estimated 183,344 residents (ACS 2020 to 2024), Hendricks County ranks 8th of 92 in Indiana for population. It covers 407 square miles of land, or about 451 people per square mile. It is one of the counties that make up the Indianapolis-Carmel-Greenwood, IN metropolitan statistical area (OMB, 2023). The Census Bureau counts 11 places in the county (11 incorporated, 0 census-designated); the largest is Plainfield, with about 36,369 residents, or 20% of the county.
How much Hendricks County households make
At $101,144, the typical Hendricks County household income is 54% above the median U.S. county ($65,681). That places it 3rd among Indiana's 92 county-level areas.
| Households earning | Hendricks County | +/- vs Indiana |
|---|---|---|
| Under $35,000 | 11.3% | -11.3 pts |
| $35,000 to $99,999 | 38.0% | -5.4 pts |
| $100,000 to $199,999 | 36.9% | +11.1 pts |
| $200,000 or more | 13.8% | +5.5 pts |
About 11% of households earn under $35,000, while 51% clear $100,000. 5.3% of residents fall below the federal poverty line (statewide: 12.3%). Income inequality, measured by the Gini index, comes to 0.392 here. A household earning below the $101,144 median should test any payment carefully; one earning above it should still pick the shortest term it can manage.
Renting and owning in Hendricks County
Renters in Hendricks County pay a median of $1,436 a month, 35% above the Indiana figure of $1,062. By the Census definition, 47% of Hendricks County renters are cost-burdened. The median owner-occupied home is valued at $307,600, about 3.0 times the median household income. The ownership rate is 78%. Median construction year: 1998.
| Cost | Hendricks County | Indiana figure | Median county, U.S. |
|---|---|---|---|
| Median gross rent | $1,436/mo | $1,062/mo | $877/mo |
| Median home value | $307,600 | $218,200 | $185,300 |
| Owners | 78% | 71% | 75% |
| Rent-burdened renters | 47% | 48% | 45% |
| Burdened owners | 17% | 20% | n/a |
| Mobile homes | 1.3% | 4.4% | n/a |
| Vacant units | 4% | 9% | n/a |
Owners with equity have a second option. Weigh a secured line against an unsecured loan by risk as well as cost before you choose (how they compare).
Work, industries and travel time in Hendricks County
By the Census industry count, 24% of employed Hendricks County residents work in education and health care and 12% in manufacturing. The sharpest difference from the state is in transportation, warehousing and utilities, at 10% locally and 6% for Indiana. ACS puts five-year average unemployment at 2.6% in Hendricks County. 13% of commuters travel 45 minutes or more each way, and 15% work from home. Households without a car make up 3.3% of the total (6.2% statewide).
| Sector | Hendricks County | Compared with Indiana |
|---|---|---|
| Education and health care | 24.2% | +0.7 pts |
| Manufacturing | 12.4% | -5.7 pts |
| Professional and administrative services | 12.0% | +2.8 pts |
| Transportation, warehousing and utilities | 10.4% | +4.2 pts |
| Retail trade | 10.4% | -0.4 pts |
| Construction | 6.4% | -0.2 pts |
Shorter commutes usually mean lower vehicle costs, which can leave more room for a payment, or for paying a loan off early.
The counties around Hendricks County
Distances run center to center, from Boone County at 20 miles out to Johnson County at 29. Income ranges from $66,346 in Marion County to $111,250 in Boone County; 1 of these neighbors top Hendricks County's median.
| Nearby county | Center to center | Household income | Gross rent | Owner-occupied |
|---|---|---|---|---|
| Hendricks County | - | $101,144 | $1,436/mo | 78% |
| Boone County, IN | 20 mi | $111,250 | $1,359/mo | 79% |
| Putnam County, IN | 20 mi | $78,378 | $884/mo | 75% |
| Marion County, IN | 20 mi | $66,346 | $1,153/mo | 57% |
| Morgan County, IN | 20 mi | $79,429 | $1,042/mo | 82% |
| Montgomery County, IN | 28 mi | $71,479 | $858/mo | 80% |
| Johnson County, IN | 29 mi | $90,454 | $1,271/mo | 73% |
Towns and communities in Hendricks County
Here are the 11 most populous of the county's 11 Census places, with income and rent from the same 2020 to 2024 survey. About 60% of Hendricks County residents live in one of the 11. Among places of 500 or more people, median income runs from $68,214 in North Salem to $126,023 in Pittsboro. No Hendricks County place has a separate guide yet; this county page serves all 11.
| Town or CDP | Type | People | Median household income | Median gross rent | Miles from center |
|---|---|---|---|---|---|
| Plainfield | town | 36,369 | $87,272 | $1,499 | 9 mi |
| Brownsburg | town | 31,215 | $102,235 | $1,486 | 8 mi |
| Avon | town | 23,437 | $98,486 | $1,538 | 6 mi |
| Danville | town | 11,714 | $97,083 | $1,151 | 1 mi |
| Pittsboro | town | 4,156 | $126,023 | n/a | 7 mi |
| Clayton | town | 818 | $82,188 | $1,174 | 6 mi |
| North Salem | town | 741 | $68,214 | $1,160 | 9 mi |
| Coatesville | town | 566 | $77,625 | $1,227 | 10 mi |
| Lizton | town | 543 | $94,844 | $1,164 | 8 mi |
| Amo | town | 417 | $91,250 | $1,000 | 8 mi |
| Stilesville | town | 296 | $74,821 | n/a | 11 mi |
Room for a loan payment in Hendricks County
Here is the Hendricks County median household run through a simple DTI check. Your numbers will differ.
- Start: $8,429 gross per month ($101,144 / 12)
- Less median rent of $1,436, which is 17% of it
- 35% debt-to-income limit: $1,514 left for all other debt payments
- At 45%, room after rent is $2,357 a month
If your rent is above $1,436, the room shrinks dollar for dollar.
Before borrowing in Hendricks County
Based on the Hendricks County data above, these borrowing questions are most likely to matter locally.
- Six-figure budgets. For the 51% earning $100,000 or more, lifestyle creep, not approval, is the usual problem.
- Rent squeeze. 47% of renters spend 30%+ of income on rent; borrow only if the loan cuts what you pay overall.
- Combining balances. It helps when total cost falls and the cards stay paid down (consolidation).
More Hendricks County figures
Degree holders: 39% of adults over 25. 5.2% of residents have no health coverage.
| People and households | Hendricks County | Indiana | Median county |
|---|---|---|---|
| Median age | 38.5 | 38.1 | 41.5 |
| Bachelor's or higher | 39.5% | 29.5% | 22.2% |
| No high school diploma | 6.7% | 9.6% | n/a |
| No health insurance | 5.2% | 7.4% | 7.8% |
| No vehicle | 3.3% | 6.2% | 5.4% |
| Work from home | 14.8% | 10.7% | 8.7% |
| Poverty rate | 5.3% | 12.3% | 13.2% |
| Unemployment (ACS) | 2.6% | 4.3% | 4.4% |
| Minutes to work | Hendricks County workers |
|---|---|
| Under 15 min | 25.0% |
| 15 to 29 min | 36.1% |
| 30 to 44 min | 26.3% |
| 45 to 59 min | 7.5% |
| 60+ min | 5.1% |
A Hendricks County borrower's checklist
Quick steps for Hendricks County:
- Know the exact dollar figure you need before talking to a lender.
- Shop at least three lenders, including one Hendricks County-area credit union.
- Look the lender up with the state regulator first.
- Confirm the first due date before setting up autopay.
Who licenses lenders for Hendricks County residents
Before sharing details with a lender, a Hendricks County resident can confirm its license with the Indiana Department of Financial Institutions. A CFPB complaint gets forwarded to the company for a response. More on Indiana: Indiana personal loans.
Nearby and statewide guides
For statewide rules and data, see the Indiana guide.
Frequently asked questions
Is Hendricks County a high-income county?
Its $101,144 median ranks 3rd of 92 Indiana counties and compares with $65,681 for the median U.S. county.
What do renters pay in Hendricks County?
$1,436 a month at the median, about 17% of median household income.
Should Hendricks County homeowners use home equity instead?
Maybe, but weigh the risk: 78% of Hendricks County homes are owner-occupied, and a home-equity loan or line is secured by the house while a personal loan usually is not.
Does this page cover Plainfield?
Yes, along with the other 10 Census places in Hendricks County, such as Brownsburg, Avon, Danville.
Can Hendricks County residents use the questionnaire?
Yes. It asks the same questions in every Indiana county, lists every requirement up front and does not affect your credit score.