What is the median household income in Colon Township, MI?
The median household income in Colon Township, MI is $65,602 (±$7,771) a year (2020–2024 American Community Survey).
Paying the median gross rent of $794 a month would take about $31,800 a year at the common guideline of spending no more than 30% of income on rent.
In Colon Township, the median household income went from $47,500 in 2015–2019 to $65,602 in 2020–2024 (+38.1%).
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
- $65,602 (±$7,771)
- Median renter income
- $49,833 (±$23,404)
- Income to afford median rent
- about $31,800
Income in Colon Township against St. Joseph County, its state and the nation
| Colon Township | St. Joseph County | Michigan | United States | |
|---|---|---|---|---|
| Median household income | $65,602 (±$7,771) | $66,425 (±$2,763) | $72,875 (±$293) | $80,734 |
| Median renter household income | $49,833 (±$23,404) | $40,990 (±$3,285) | $42,352 (±$376) | $52,966 |
| Median owner household income | $75,515 (±$15,019) | $76,437 (±$2,675) | $87,130 (±$344) | $100,009 |
| Median gross rent | $794 (±$90) | $849 (±$28) | $1,129 (±$4) | $1,413 |
In Colon Township, median household income is not measurably different from St. Joseph County ($66,425).
It is not measurably different from Michigan ($72,875).
It is lower than the national figure ($80,734).
In St. Joseph County, Colon Township ranks 14 of 18 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 874 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 Colon 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 $794 a month ($9,528 a year) needs an income of about $31,800 a year.
The median renting household in Colon Township earns $49,833 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 | $47,500 (±$7,904) | $65,602 (±$7,771) | +38.1% | No measurable change after inflation |
| Median gross rent | $731 (±$224) | $794 (±$90) | +8.6% | No measurable change after inflation |
| Median home value | $123,600 (±$19,661) | $192,400 (±$30,563) | +55.7% | 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 Colon Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Colon Township | — | $65,602 (±$7,771) | — |
| Leonidas Township | 5.6 mi | $70,673 (±$10,695) | Not measurably different |
| Nottawa Township (St. Joseph County) | 6.1 mi | $62,094 (±$9,195) | Not measurably different |
| Matteson Township | 6.4 mi | $70,385 (±$13,962) | Not measurably different |
| Mendon | 6.7 mi | $82,292 (±$9,751) | Higher |
| Sherwood | 6.8 mi | $58,750 (±$16,309) | Not measurably different |
| Burr Oak Township | 7.0 mi | $67,273 (±$12,117) | Not measurably different |
| Burr Oak | 7.1 mi | $63,816 (±$18,844) | Not measurably different |
| Mendon Township | 8.0 mi | $75,962 (±$10,875) | Not measurably different |
Nearby places with a measurably higher figure: Mendon, MI ($82,292).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across St. Joseph County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 8 | Constantine Township | $73,926 (±$4,178) |
| 9 | White Pigeon Township | $71,071 (±$18,889) |
| 10 | Leonidas Township | $70,673 (±$10,695) |
| 11 | Mottville Township | $70,441 (±$16,867) |
| 12 | Sturgis Township | $69,958 (±$11,206) |
| 13 | Burr Oak Township | $67,273 (±$12,117) |
| 14 | Colon Township | $65,602 (±$7,771) |
| 15 | Florence Township | $62,868 (±$7,577) |
| 16 | Sturgis | $62,710 (±$7,019) |
| 17 | Nottawa Township (St. Joseph County) | $62,094 (±$9,195) |
| 18 | Three Rivers | $49,503 (±$6,018) |
Showing 11 of 18 places in St. Joseph County, ranked from highest to lowest.
The figures for Colon Township include the places inside it that have pages of their own: Colon.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Colon Township
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Questions about Colon Township
What is the median household income in Colon Township?
The median household income in Colon Township is $65,602 (±$7,771) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Colon Township?
About $31,800 a year, if rent is to stay at or below 30% of income at the median gross rent of $794 a month.
Have incomes in Colon Township kept up with inflation?
In Colon Township, the median household income went from $47,500 in 2015–2019 to $65,602 in 2020–2024 (+38.1%).
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 Colon Township?
The median renting household in Colon Township, MI earns $49,833 (±$23,404) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Colon township, St. Joseph County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Colon township, St. Joseph County, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Colon township, St. Joseph County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Colon township, St. Joseph County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Colon township, St. Joseph County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Colon township, St. Joseph 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 Colon township, St. Joseph County, Michigan (county subdivision:17370, in state:26 county:149).
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 Colon Township at a glance
- Median rent in Colon Township
- Renters and owners in Colon Township
- Home values in Colon Township
- Homeowner costs in Colon Township
- Property taxes in Colon Township
- Types of homes in Colon Township
- Bedrooms in Colon Township
- Age of homes in Colon Township
- Heating fuel in Colon Township
- Commute and cars in Colon Township
- Population growth in Colon Township
- How long people stay in Colon Township
- Michigan landlord and tenant rules
- Housing across St. Joseph County
- Michigan places ranked by median household income
- Housing data for every place in Michigan