What is the median household income in Fairhaven Township, MI?
The median household income in Fairhaven Township, MI is $60,500 (±$8,282) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,060 a month would take about $42,400 a year at the common guideline of spending no more than 30% of income on rent.
In Fairhaven Township, the median household income went from $34,592 in 2015–2019 to $60,500 in 2020–2024 (+74.9%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median household income
- $60,500 (±$8,282)
- Median renter income
- $78,646 (±$54,140)
- Income to afford median rent
- about $42,400
Income in Fairhaven Township against Huron County, its state and the nation
| Fairhaven Township | Huron County | Michigan | United States | |
|---|---|---|---|---|
| Median household income | $60,500 (±$8,282) | $58,870 (±$2,129) | $72,875 (±$293) | $80,734 |
| Median renter household income | $78,646 (±$54,140) | $35,246 (±$6,238) | $42,352 (±$376) | $52,966 |
| Median owner household income | $59,097 (±$7,380) | $65,226 (±$2,489) | $87,130 (±$344) | $100,009 |
| Median gross rent | $1,060 (±$354) | $788 (±$46) | $1,129 (±$4) | $1,413 |
In Fairhaven Township, median household income is not measurably different from Huron County ($58,870).
It is also lower than in Michigan ($72,875).
It is lower than the national figure ($80,734).
In Huron County, Fairhaven Township ranks 16 of 30 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1070 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 Fairhaven 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 $1,060 a month ($12,720 a year) needs an income of about $42,400 a year.
The median renting household in Fairhaven Township earns $78,646 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 | $34,592 (±$3,020) | $60,500 (±$8,282) | +74.9% | Up after inflation |
| Median gross rent | $600 (±$106) | $1,060 (±$354) | +76.7% | No measurable change after inflation |
| Median home value | $83,100 (±$7,551) | $131,700 (±$27,789) | +58.5% | 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 Fairhaven Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Fairhaven Township | — | $60,500 (±$8,282) | — |
| Sebewaing | 4.7 mi | $48,125 (±$10,256) | Not measurably different |
| Sebewaing Township | 6.6 mi | $53,849 (±$10,893) | Not measurably different |
| Winsor Township | 9.1 mi | $64,014 (±$5,115) | Not measurably different |
| Caseville Township | 9.2 mi | $58,594 (±$7,379) | Not measurably different |
| Unionville | 10.0 mi | $76,653 (±$4,524) | Higher |
| McKinley Township (Huron County) | 10 mi | $66,000 (±$19,957) | Not measurably different |
| Pigeon | 10 mi | $52,361 (±$13,926) | Not measurably different |
| Brookfield Township (Huron County) | 11 mi | $77,917 (±$13,587) | Higher |
Nearby places with a measurably higher figure: Unionville, MI ($76,653), Brookfield Township (Huron County), MI ($77,917).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Huron County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 10 | McKinley Township (Huron County) | $66,000 (±$19,957) |
| 11 | Chandler Township (Huron County) | $65,000 (±$10,068) |
| 12 | Winsor Township | $64,014 (±$5,115) |
| 13 | Paris Township | $62,115 (±$11,057) |
| 14 | Hume Township | $61,500 (±$10,890) |
| 15 | Bingham Township (Huron County) | $61,417 (±$9,651) |
| 16 | Fairhaven Township | $60,500 (±$8,282) |
| 17 | Verona Township | $59,904 (±$10,765) |
| 18 | Sand Beach Township | $59,833 (±$19,042) |
| 19 | Caseville Township | $58,594 (±$7,379) |
| 20 | Gore Township | $58,438 (±$7,468) |
| 21 | Oliver Township (Huron County) | $55,938 (±$6,923) |
| 22 | Caseville | $55,729 (±$20,025) |
Showing 13 of 30 places in Huron 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.
What you can do on Seayora in Fairhaven Township
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Questions about Fairhaven Township
What is the median household income in Fairhaven Township?
The median household income in Fairhaven Township is $60,500 (±$8,282) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Fairhaven Township?
About $42,400 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,060 a month.
Have incomes in Fairhaven Township kept up with inflation?
In Fairhaven Township, the median household income went from $34,592 in 2015–2019 to $60,500 in 2020–2024 (+74.9%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
What do renters earn in Fairhaven Township?
The median renting household in Fairhaven Township, MI earns $78,646 (±$54,140) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Fairhaven township, Huron County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Fairhaven township, Huron County, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Fairhaven township, Huron County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Fairhaven township, Huron County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Fairhaven township, Huron County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Fairhaven township, Huron 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 Fairhaven township, Huron County, Michigan (county subdivision:27120, in state:26 county:063).
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 Fairhaven Township at a glance
- Home values in Fairhaven Township
- Homeowner costs in Fairhaven Township
- Property taxes in Fairhaven Township
- Types of homes in Fairhaven Township
- Bedrooms in Fairhaven Township
- Age of homes in Fairhaven Township
- Heating fuel in Fairhaven Township
- Commute and cars in Fairhaven Township
- Population growth in Fairhaven Township
- How long people stay in Fairhaven Township
- Michigan landlord and tenant rules
- Housing across Huron County
- Michigan places ranked by median household income
- Housing data for every place in Michigan