What is the median household income in Day Township, MI?
The median household income in Day Township, MI is $60,278 (±$5,226) a year (2020–2024 American Community Survey).
Paying the median gross rent of $869 a month would take about $34,800 a year at the common guideline of spending no more than 30% of income on rent.
In Day Township, the median household income went from $53,750 in 2015–2019 to $60,278 in 2020–2024 (+12.1%).
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
- $60,278 (±$5,226)
- Income to afford median rent
- about $34,800
Income in Day Township against Montcalm County, its state and the nation
| Day Township | Montcalm County | Michigan | United States | |
|---|---|---|---|---|
| Median household income | $60,278 (±$5,226) | $67,344 (±$2,180) | $72,875 (±$293) | $80,734 |
| Median renter household income | — | $35,966 (±$4,514) | $42,352 (±$376) | $52,966 |
| Median owner household income | $66,705 (±$11,621) | $73,665 (±$2,023) | $87,130 (±$344) | $100,009 |
| Median gross rent | $869 (±$294) | $869 (±$25) | $1,129 (±$4) | $1,413 |
In Day Township, median household income is lower than in Montcalm County ($67,344).
It is also lower than in Michigan ($72,875).
It is lower than the national figure ($80,734).
In Montcalm County, Day Township ranks 13 of 23 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1080 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 Day 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 $869 a month ($10,428 a year) needs an income of about $34,800 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 | $53,750 (±$9,908) | $60,278 (±$5,226) | +12.1% | No measurable change after inflation |
| Median gross rent | $663 (±$91) | $869 (±$294) | +31.1% | No measurable change after inflation |
| Median home value | $87,700 (±$9,501) | $169,500 (±$16,345) | +93.3% | 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 Day Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Day Township | — | $60,278 (±$5,226) | — |
| Edmore | 4.6 mi | $54,063 (±$30,085) | Not measurably different |
| Stanton | 4.8 mi | $48,750 (±$19,444) | Not measurably different |
| Ferris Township | 6.0 mi | $58,929 (±$15,537) | Not measurably different |
| Home Township (Montcalm County) | 6.6 mi | $56,037 (±$10,810) | Not measurably different |
| Evergreen Township (Montcalm County) | 6.7 mi | $59,144 (±$8,944) | Not measurably different |
| Douglass Township | 6.8 mi | $66,806 (±$17,863) | Not measurably different |
| Crystal | 7.1 mi | $41,806 (±$23,081) | Not measurably different |
| Richland Township (Montcalm County) | 7.8 mi | $50,862 (±$9,218) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Montcalm County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 7 | Reynolds Township | $72,857 (±$14,580) |
| 8 | Montcalm Township | $71,293 (±$15,112) |
| 9 | Cato Township | $67,500 (±$12,761) |
| 10 | Douglass Township | $66,806 (±$17,863) |
| 11 | Bushnell Township | $65,500 (±$9,843) |
| 12 | Greenville | $63,285 (±$15,220) |
| 13 | Day Township | $60,278 (±$5,226) |
| 14 | Sidney Township | $60,050 (±$10,814) |
| 15 | Belvidere Township | $59,891 (±$7,008) |
| 16 | Evergreen Township (Montcalm County) | $59,144 (±$8,944) |
| 17 | Ferris Township | $58,929 (±$15,537) |
| 18 | Fairplain Township | $56,406 (±$8,992) |
| 19 | Crystal Township (Montcalm County) | $56,087 (±$15,330) |
Showing 13 of 23 places in Montcalm County, ranked from highest to lowest.
The figures for Day Township include the places inside it that have pages of their own: McBride.
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 Day Township
What is the median household income in Day Township?
The median household income in Day Township is $60,278 (±$5,226) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Day Township?
About $34,800 a year, if rent is to stay at or below 30% of income at the median gross rent of $869 a month.
Have incomes in Day Township kept up with inflation?
In Day Township, the median household income went from $53,750 in 2015–2019 to $60,278 in 2020–2024 (+12.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Day township, Montcalm County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Day township, Montcalm County, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Day township, Montcalm County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Day township, Montcalm County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Day township, Montcalm County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Day township, Montcalm 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 Day township, Montcalm County, Michigan (county subdivision:19920, in state:26 county:117).
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 Day Township at a glance
- Renters and owners in Day Township
- Home values in Day Township
- Homeowner costs in Day Township
- Property taxes in Day Township
- Types of homes in Day Township
- Bedrooms in Day Township
- Age of homes in Day Township
- Heating fuel in Day Township
- Commute and cars in Day Township
- Population growth in Day Township
- How long people stay in Day Township
- Michigan landlord and tenant rules
- Housing across Montcalm County
- Michigan places ranked by median household income
- Housing data for every place in Michigan