What is the median household income in Alcona Township, MI?
The median household income in Alcona Township, MI is $72,500 (±$8,099) a year (2020–2024 American Community Survey).
In Alcona Township, the median household income went from $49,375 in 2015–2019 to $72,500 in 2020–2024 (+46.8%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median household income
- $72,500 (±$8,099)
Income in Alcona Township against Alcona County, its state and the nation
| Alcona Township | Alcona County | Michigan | United States | |
|---|---|---|---|---|
| Median household income | $72,500 (±$8,099) | $54,993 (±$1,572) | $72,875 (±$293) | $80,734 |
| Median renter household income | — | $35,306 (±$3,529) | $42,352 (±$376) | $52,966 |
| Median owner household income | $72,500 (±$7,866) | $60,118 (±$5,466) | $87,130 (±$344) | $100,009 |
| Median gross rent | — | $867 (±$115) | $1,129 (±$4) | $1,413 |
In Alcona Township, median household income is higher than in Alcona County ($54,993).
It is not measurably different from Michigan ($72,875).
It is lower than the national figure ($80,734).
In Alcona County, Alcona Township ranks 1 of 12 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 659 of 1,517.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $49,375 (±$6,733) | $72,500 (±$8,099) | +46.8% | Up after inflation |
| Median home value | $146,800 (±$13,305) | $214,000 (±$23,434) | +45.8% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Alcona Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Alcona Township | — | $72,500 (±$8,099) | — |
| Sanborn Township | 6.2 mi | $61,827 (±$22,049) | Not measurably different |
| Hawes Township | 7.0 mi | $67,500 (±$10,586) | Not measurably different |
| Ossineke | 7.1 mi | $59,583 (±$21,489) | Not measurably different |
| Haynes Township | 7.5 mi | $54,315 (±$4,659) | Lower |
| Caledonia Township (Alcona County) | 8.2 mi | $71,513 (±$4,244) | Not measurably different |
| Lincoln | 8.6 mi | $37,679 (±$14,276) | Lower |
| Gustin Township | 11 mi | $58,125 (±$27,083) | Not measurably different |
| Ossineke Township | 12 mi | $67,885 (±$10,685) | Not measurably different |
Nearby places with a measurably lower figure: Haynes Township, MI ($54,315), Lincoln, MI ($37,679).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Alcona County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Alcona Township | $72,500 (±$8,099) |
| 2 | Caledonia Township (Alcona County) | $71,513 (±$4,244) |
| 3 | Hawes Township | $67,500 (±$10,586) |
| 4 | Greenbush Township (Alcona County) | $62,813 (±$15,313) |
| 5 | Gustin Township | $58,125 (±$27,083) |
| 6 | Millen Township | $55,469 (±$5,753) |
| 7 | Haynes Township | $54,315 (±$4,659) |
Showing 7 of 12 places in Alcona County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Alcona Township
What is the median household income in Alcona Township?
The median household income in Alcona Township is $72,500 (±$8,099) a year (2020–2024 American Community Survey).
Have incomes in Alcona Township kept up with inflation?
In Alcona Township, the median household income went from $49,375 in 2015–2019 to $72,500 in 2020–2024 (+46.8%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Alcona township, Alcona County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Alcona township, Alcona County, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Alcona township, Alcona County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Alcona township, Alcona County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Alcona township, Alcona County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Alcona township, Alcona County, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Alcona township, Alcona County, Michigan (county subdivision:01040, in state:26 county:001).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Alcona Township at a glance
- Home values in Alcona Township
- Homeowner costs in Alcona Township
- Property taxes in Alcona Township
- Types of homes in Alcona Township
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- Age of homes in Alcona Township
- Heating fuel in Alcona Township
- Commute and cars in Alcona Township
- Population growth in Alcona Township
- How long people stay in Alcona Township
- Michigan landlord and tenant rules
- Housing across Alcona County
- Michigan places ranked by median household income
- Housing data for every place in Michigan