What is the median household income in Broomfield Township, MI?
The median household income in Broomfield Township, MI is $65,048 (±$8,826) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,063 a month would take about $42,500 a year at the common guideline of spending no more than 30% of income on rent.
In Broomfield Township, the median household income went from $69,659 in 2015–2019 to $65,048 in 2020–2024 (−6.6%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- Median household income
- $65,048 (±$8,826)
- Median renter income
- $38,750 (±$29,855)
- Income to afford median rent
- about $42,500
Income in Broomfield Township against Isabella County, its state and the nation
| Broomfield Township | Isabella County | Michigan | United States | |
|---|---|---|---|---|
| Median household income | $65,048 (±$8,826) | $55,237 (±$2,195) | $72,875 (±$293) | $80,734 |
| Median renter household income | $38,750 (±$29,855) | $33,839 (±$3,034) | $42,352 (±$376) | $52,966 |
| Median owner household income | $68,173 (±$7,887) | $76,413 (±$4,053) | $87,130 (±$344) | $100,009 |
| Median gross rent | $1,063 (±$875) | $913 (±$39) | $1,129 (±$4) | $1,413 |
In Broomfield Township, median household income is higher than in Isabella County ($55,237).
It is not measurably different from Michigan ($72,875).
It is lower than the national figure ($80,734).
In Isabella County, Broomfield Township ranks 8 of 17 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 896 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 Broomfield Township
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 $1,063 a month ($12,756 a year) needs an income of about $42,500 a year.
The median renting household in Broomfield Township earns $38,750 a year, less than that.
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 | $69,659 (±$4,788) | $65,048 (±$8,826) | −6.6% | Down after inflation |
| Median gross rent | $638 (±$246) | $1,063 (±$875) | +66.6% | No measurable change after inflation |
| Median home value | $169,200 (±$10,618) | $196,400 (±$20,015) | +16.1% | No measurable change 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 Broomfield Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Broomfield Township | — | $65,048 (±$8,826) | — |
| Lake Isabella | 3.3 mi | $77,500 (±$8,610) | Higher |
| Wheatland Township (Mecosta County) | 5.5 mi | $55,000 (±$14,755) | Not measurably different |
| Sherman Township (Isabella County) | 5.6 mi | $61,406 (±$17,182) | Not measurably different |
| Deerfield Township (Isabella County) | 6.7 mi | $96,667 (±$23,636) | Higher |
| Sheridan Township (Mecosta County) | 7.1 mi | $49,800 (±$10,483) | Lower |
| Rolland Township | 7.3 mi | $55,000 (±$14,290) | Not measurably different |
| Nottawa Township (Isabella County) | 8.3 mi | $78,792 (±$10,970) | Not measurably different |
| Millbrook Township | 8.6 mi | $70,655 (±$8,288) | Not measurably different |
Nearby places with a measurably lower figure: Sheridan Township (Mecosta County), MI ($49,800).
Nearby places with a measurably higher figure: Lake Isabella, MI ($77,500), Deerfield Township (Isabella County), MI ($96,667).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Isabella County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 2 | Vernon Township (Isabella County) | $80,706 (±$7,224) |
| 3 | Gilmore Township (Isabella County) | $80,625 (±$15,814) |
| 4 | Nottawa Township (Isabella County) | $78,792 (±$10,970) |
| 5 | Fremont Township (Isabella County) | $74,911 (±$19,489) |
| 6 | Lincoln Township (Isabella County) | $72,938 (±$9,907) |
| 7 | Wise Township | $68,125 (±$14,388) |
| 8 | Broomfield Township | $65,048 (±$8,826) |
| 9 | Chippewa Township (Isabella County) | $64,651 (±$7,077) |
| 10 | Denver Township (Isabella County) | $61,912 (±$23,085) |
| 11 | Isabella Township | $61,750 (±$10,231) |
| 12 | Sherman Township (Isabella County) | $61,406 (±$17,182) |
| 13 | Coldwater Township (Isabella County) | $60,313 (±$8,167) |
| 14 | Coe Township | $59,878 (±$16,380) |
Showing 13 of 17 places in Isabella 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 Broomfield Township
What is the median household income in Broomfield Township?
The median household income in Broomfield Township is $65,048 (±$8,826) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Broomfield Township?
About $42,500 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,063 a month.
Have incomes in Broomfield Township kept up with inflation?
In Broomfield Township, the median household income went from $69,659 in 2015–2019 to $65,048 in 2020–2024 (−6.6%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
What do renters earn in Broomfield Township?
The median renting household in Broomfield Township, MI earns $38,750 (±$29,855) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Broomfield township, Isabella County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Broomfield township, Isabella County, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Broomfield township, Isabella County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Broomfield township, Isabella County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Broomfield township, Isabella County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Broomfield township, Isabella 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 Broomfield township, Isabella County, Michigan (county subdivision:11140, in state:26 county:073).
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 Broomfield Township at a glance
- Renters and owners in Broomfield Township
- Home values in Broomfield Township
- Homeowner costs in Broomfield Township
- Property taxes in Broomfield Township
- Types of homes in Broomfield Township
- Bedrooms in Broomfield Township
- Age of homes in Broomfield Township
- Heating fuel in Broomfield Township
- Commute and cars in Broomfield Township
- Population growth in Broomfield Township
- How long people stay in Broomfield Township
- Michigan landlord and tenant rules
- Housing across Isabella County
- Michigan places ranked by median household income
- Housing data for every place in Michigan