What is the median household income in Fairplain Township, MI?
The median household income in Fairplain Township, MI is $56,406 (±$8,992) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,103 a month would take about $44,100 a year at the common guideline of spending no more than 30% of income on rent.
In Fairplain Township, the median household income went from $52,227 in 2015–2019 to $56,406 in 2020–2024 (+8.0%).
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
- $56,406 (±$8,992)
- Median renter income
- $47,226 (±$26,335)
- Income to afford median rent
- about $44,100
Income in Fairplain Township against Montcalm County, its state and the nation
| Fairplain Township | Montcalm County | Michigan | United States | |
|---|---|---|---|---|
| Median household income | $56,406 (±$8,992) | $67,344 (±$2,180) | $72,875 (±$293) | $80,734 |
| Median renter household income | $47,226 (±$26,335) | $35,966 (±$4,514) | $42,352 (±$376) | $52,966 |
| Median owner household income | $57,125 (±$8,969) | $73,665 (±$2,023) | $87,130 (±$344) | $100,009 |
| Median gross rent | $1,103 (±$79) | $869 (±$25) | $1,129 (±$4) | $1,413 |
In Fairplain 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, Fairplain Township ranks 18 of 23 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1187 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 Fairplain 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 $1,103 a month ($13,236 a year) needs an income of about $44,100 a year.
The median renting household in Fairplain Township earns $47,226 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 | $52,227 (±$4,732) | $56,406 (±$8,992) | +8.0% | No measurable change after inflation |
| Median gross rent | $1,035 (±$228) | $1,103 (±$79) | +6.6% | No measurable change after inflation |
| Median home value | $120,000 (±$8,597) | $162,000 (±$26,707) | +35.0% | 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 Fairplain Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Fairplain Township | — | $56,406 (±$8,992) | — |
| Sheridan | 4.6 mi | $59,063 (±$20,483) | Not measurably different |
| Orleans Township | 5.5 mi | $62,978 (±$10,906) | Not measurably different |
| Eureka Township | 6.1 mi | $77,266 (±$16,475) | Higher |
| Bushnell Township | 6.2 mi | $65,500 (±$9,843) | Not measurably different |
| Sidney Township | 6.3 mi | $60,050 (±$10,814) | Not measurably different |
| Greenville | 6.4 mi | $63,285 (±$15,220) | Not measurably different |
| Belding | 6.5 mi | $60,373 (±$6,214) | Not measurably different |
| Ronald Township | 7.7 mi | $63,098 (±$14,453) | Not measurably different |
Nearby places with a measurably higher figure: Eureka Township, MI ($77,266).
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 |
|---|---|---|
| 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) |
| 20 | Home Township (Montcalm County) | $56,037 (±$10,810) |
| 21 | Richland Township (Montcalm County) | $50,862 (±$9,218) |
| 22 | Stanton | $48,750 (±$19,444) |
| 23 | Carson City | $44,375 (±$15,135) |
Showing 12 of 23 places in Montcalm 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 Fairplain Township
What is the median household income in Fairplain Township?
The median household income in Fairplain Township is $56,406 (±$8,992) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Fairplain Township?
About $44,100 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,103 a month.
Have incomes in Fairplain Township kept up with inflation?
In Fairplain Township, the median household income went from $52,227 in 2015–2019 to $56,406 in 2020–2024 (+8.0%).
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 Fairplain Township?
The median renting household in Fairplain Township, MI earns $47,226 (±$26,335) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Fairplain township, Montcalm County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Fairplain township, Montcalm County, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Fairplain township, Montcalm County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Fairplain township, Montcalm County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Fairplain township, Montcalm County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Fairplain 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 Fairplain township, Montcalm County, Michigan (county subdivision:27180, 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 Fairplain Township at a glance
- Median rent in Fairplain Township
- Renters and owners in Fairplain Township
- Home values in Fairplain Township
- Homeowner costs in Fairplain Township
- Property taxes in Fairplain Township
- Types of homes in Fairplain Township
- Bedrooms in Fairplain Township
- Age of homes in Fairplain Township
- Heating fuel in Fairplain Township
- Commute and cars in Fairplain Township
- Population growth in Fairplain Township
- How long people stay in Fairplain Township
- Michigan landlord and tenant rules
- Housing across Montcalm County
- Michigan places ranked by median household income
- Housing data for every place in Michigan