What is the median household income in Clare, MI?
The median household income in Clare, MI is $41,226 (±$11,305) a year (2020–2024 American Community Survey).
Paying the median gross rent of $822 a month would take about $32,900 a year at the common guideline of spending no more than 30% of income on rent.
In Clare, the median household income went from $42,298 in 2015–2019 to $41,226 in 2020–2024 (−2.5%).
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
- $41,226 (±$11,305)
- Median renter income
- $31,892 (±$6,770)
- Income to afford median rent
- about $32,900
Income in Clare against Clare County, its state and the nation
| Clare | Clare County | Michigan | United States | |
|---|---|---|---|---|
| Median household income | $41,226 (±$11,305) | $49,384 (±$2,661) | $72,875 (±$293) | $80,734 |
| Median renter household income | $31,892 (±$6,770) | $29,066 (±$2,411) | $42,352 (±$376) | $52,966 |
| Median owner household income | $51,750 (±$28,773) | $53,416 (±$2,763) | $87,130 (±$344) | $100,009 |
| Median gross rent | $822 (±$64) | $765 (±$87) | $1,129 (±$4) | $1,413 |
In Clare, median household income is not measurably different from Clare County ($49,384).
It is also lower than in Michigan ($72,875).
It is lower than the national figure ($80,734).
In Clare County, Clare ranks 14 of 18 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1478 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 Clare
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 $822 a month ($9,864 a year) needs an income of about $32,900 a year.
The median renting household in Clare earns $31,892 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 | $42,298 (±$5,224) | $41,226 (±$11,305) | −2.5% | No measurable change after inflation |
| Median gross rent | $634 (±$56) | $822 (±$64) | +29.7% | No measurable change after inflation |
| Median home value | $112,700 (±$12,333) | $134,600 (±$30,509) | +19.4% | 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 Clare
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Clare | — | $41,226 (±$11,305) | — |
| Grant Township (Clare County) | 3.0 mi | $61,010 (±$8,500) | Higher |
| Sheridan Township (Clare County) | 4.8 mi | $64,135 (±$14,623) | Higher |
| Vernon Township (Isabella County) | 5.1 mi | $80,706 (±$7,224) | Higher |
| Farwell | 5.3 mi | $42,188 (±$13,965) | Not measurably different |
| Wise Township | 5.5 mi | $68,125 (±$14,388) | Higher |
| Surrey Township | 7.7 mi | $50,764 (±$9,988) | Not measurably different |
| Hatton Township | 8.2 mi | $64,286 (±$20,848) | Not measurably different |
| Rosebush | 8.4 mi | $44,750 (±$19,697) | Not measurably different |
Nearby places with a measurably higher figure: Grant Township (Clare County), MI ($61,010), Sheridan Township (Clare County), MI ($64,135), Vernon Township (Isabella County), MI ($80,706).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Clare County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 8 | Freeman Township | $54,063 (±$7,060) |
| 9 | Franklin Township (Clare County) | $52,778 (±$6,982) |
| 10 | Surrey Township | $50,764 (±$9,988) |
| 11 | Lincoln Township (Clare County) | $48,953 (±$4,526) |
| 12 | Frost Township | $46,667 (±$6,729) |
| 13 | Hamilton Township (Clare County) | $45,096 (±$11,813) |
| 14 | Clare | $41,226 (±$11,305) |
| 15 | Hayes Township (Clare County) | $40,250 (±$4,410) |
| 16 | Harrison | $39,430 (±$3,134) |
| 17 | Redding Township | $37,500 (±$13,548) |
| 18 | Summerfield Township (Clare County) | $37,321 (±$10,362) |
Showing 11 of 18 places in Clare 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 Clare
What is the median household income in Clare?
The median household income in Clare is $41,226 (±$11,305) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Clare?
About $32,900 a year, if rent is to stay at or below 30% of income at the median gross rent of $822 a month.
Have incomes in Clare kept up with inflation?
In Clare, the median household income went from $42,298 in 2015–2019 to $41,226 in 2020–2024 (−2.5%).
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 Clare?
The median renting household in Clare, MI earns $31,892 (±$6,770) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Clare city, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Clare city, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Clare city, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Clare city, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Clare city, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Clare city, 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 Clare city, Michigan (place:15920, in state:26).
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 Clare at a glance
- Median rent in Clare
- Rent by bedrooms in Clare
- Rent burden in Clare
- Renters and owners in Clare
- Home values in Clare
- Homeowner costs in Clare
- Property taxes in Clare
- Types of homes in Clare
- Bedrooms in Clare
- Age of homes in Clare
- Vacancy rate in Clare
- Heating fuel in Clare
- Commute and cars in Clare
- Crime reported to police in Clare
- Population growth in Clare
- How long people stay in Clare
- Michigan landlord and tenant rules
- Housing across Clare County
- Michigan places ranked by median household income
- Housing data for every place in Michigan