What is the median household income in Bear Lake Township (Manistee County), MI?
The median household income in Bear Lake Township (Manistee County), MI is $72,958 (±$6,643) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,100 a month would take about $44,000 a year at the common guideline of spending no more than 30% of income on rent.
In Bear Lake Township (Manistee County), the median household income went from $56,103 in 2015–2019 to $72,958 in 2020–2024 (+30.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $72,958 (±$6,643)
- Median renter income
- $72,917 (±$38,957)
- Income to afford median rent
- about $44,000
Income in Bear Lake Township (Manistee County) against Manistee County, its state and the nation
| Bear Lake Township (Manistee County) | Manistee County | Michigan | United States | |
|---|---|---|---|---|
| Median household income | $72,958 (±$6,643) | $63,516 (±$2,576) | $72,875 (±$293) | $80,734 |
| Median renter household income | $72,917 (±$38,957) | $32,407 (±$4,850) | $42,352 (±$376) | $52,966 |
| Median owner household income | $72,963 (±$6,863) | $69,989 (±$4,619) | $87,130 (±$344) | $100,009 |
| Median gross rent | $1,100 (±$93) | $842 (±$48) | $1,129 (±$4) | $1,413 |
In Bear Lake Township (Manistee County), median household income is higher than in Manistee County ($63,516).
It is not measurably different from Michigan ($72,875).
It is lower than the national figure ($80,734).
In Manistee County, Bear Lake Township (Manistee County) ranks 4 of 15 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 641 of 1,517.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Bear Lake Township (Manistee County)
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,100 a month ($13,200 a year) needs an income of about $44,000 a year.
The median renting household in Bear Lake Township (Manistee County) earns $72,917 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $56,103 (±$7,584) | $72,958 (±$6,643) | +30.0% | No measurable change after inflation |
| Median gross rent | $887 (±$71) | $1,100 (±$93) | +24.0% | No measurable change after inflation |
| Median home value | $150,500 (±$10,087) | $224,700 (±$30,013) | +49.3% | 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 Bear Lake Township (Manistee County)
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Bear Lake Township (Manistee County) | — | $72,958 (±$6,643) | — |
| Onekama | 3.7 mi | $32,969 (±$26,634) | Lower |
| Onekama Township | 4.7 mi | $70,380 (±$9,952) | Not measurably different |
| Brown Township | 5.1 mi | $60,938 (±$16,516) | Not measurably different |
| Kaleva | 5.8 mi | $43,125 (±$11,965) | Lower |
| Pleasanton Township | 6.0 mi | $68,750 (±$14,764) | Not measurably different |
| Maple Grove Township (Manistee County) | 7.3 mi | $58,452 (±$9,274) | Lower |
| Arcadia Township (Manistee County) | 7.4 mi | $81,818 (±$8,366) | Not measurably different |
| Manistee Township | 8.8 mi | $65,461 (±$11,636) | Not measurably different |
Nearby places with a measurably lower figure: Onekama, MI ($32,969), Kaleva, MI ($43,125), Maple Grove Township (Manistee County), MI ($58,452).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Manistee County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Arcadia Township (Manistee County) | $81,818 (±$8,366) |
| 2 | Stronach Township | $80,417 (±$21,844) |
| 3 | Filer Charter Township | $74,675 (±$6,713) |
| 4 | Bear Lake Township (Manistee County) | $72,958 (±$6,643) |
| 5 | Onekama Township | $70,380 (±$9,952) |
| 6 | Pleasanton Township | $68,750 (±$14,764) |
| 7 | Manistee Township | $65,461 (±$11,636) |
| 8 | Marilla Township | $63,654 (±$7,060) |
| 9 | Norman Township | $63,634 (±$3,549) |
| 10 | Brown Township | $60,938 (±$16,516) |
Showing 10 of 15 places in Manistee County, ranked from highest to lowest.
The figures for Bear Lake Township (Manistee County) include the places inside it that have pages of their own: Bear Lake.
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 Bear Lake Township (Manistee County)
What is the median household income in Bear Lake Township (Manistee County)?
The median household income in Bear Lake Township (Manistee County) is $72,958 (±$6,643) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Bear Lake Township (Manistee County)?
About $44,000 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,100 a month.
Have incomes in Bear Lake Township (Manistee County) kept up with inflation?
In Bear Lake Township (Manistee County), the median household income went from $56,103 in 2015–2019 to $72,958 in 2020–2024 (+30.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Bear Lake Township (Manistee County)?
The median renting household in Bear Lake Township (Manistee County), MI earns $72,917 (±$38,957) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Bear Lake township, Manistee County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Bear Lake township, Manistee County, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Bear Lake township, Manistee County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Bear Lake township, Manistee County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Bear Lake township, Manistee County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Bear Lake township, Manistee 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 Bear Lake township, Manistee County, Michigan (county subdivision:06480, in state:26 county:101).
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 Bear Lake Township (Manistee County) at a glance
- Renters and owners in Bear Lake Township (Manistee County)
- Home values in Bear Lake Township (Manistee County)
- Homeowner costs in Bear Lake Township (Manistee County)
- Property taxes in Bear Lake Township (Manistee County)
- Types of homes in Bear Lake Township (Manistee County)
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- Commute and cars in Bear Lake Township (Manistee County)
- Population growth in Bear Lake Township (Manistee County)
- How long people stay in Bear Lake Township (Manistee County)
- Michigan landlord and tenant rules
- Housing across Manistee County
- Michigan places ranked by median household income
- Housing data for every place in Michigan