Event cameras asynchronously report brightness changes with a temporal resolution in the order of microseconds, which makes them inherently suitable to address problems that involve rapid motion perception. In this paper, we address the problem of time-to-contact (TTC) estimation using a single event camera. This problem is typically addressed by estimating a single global TTC measure, which explicitly assumes that the surface/obstacle is planar and fronto-parallel. We relax this assumption by proposing an incremental event-based method to estimate the TTC that jointly estimates the (up-to scale) inverse depth and global motion using a single event camera. The proposed method is reliable and fast while asynchronously maintaining a TTC map (TTCM), which provides perpixel TTC estimates. As a side product, the proposed method can also estimate per-event optical flow. We achieve state-of-the-art performances on TTC estimation in terms of accuracy and runtime per event while achieving competitive performance on optical flow estimation.