What is the median household income in Free Soil Township, MI?
The median household income in Free Soil Township, MI is $62,344 (±$12,135) a year (2020–2024 American Community Survey).
Paying the median gross rent of $842 a month would take about $33,700 a year at the common guideline of spending no more than 30% of income on rent.
In Free Soil Township, the median household income went from $57,679 in 2015–2019 to $62,344 in 2020–2024 (+8.1%).
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
- $62,344 (±$12,135)
- Median renter income
- $36,875 (±$9,037)
- Income to afford median rent
- about $33,700
Income in Free Soil Township against Mason County, its state and the nation
| Free Soil Township | Mason County | Michigan | United States | |
|---|---|---|---|---|
| Median household income | $62,344 (±$12,135) | $64,748 (±$3,281) | $72,875 (±$293) | $80,734 |
| Median renter household income | $36,875 (±$9,037) | $34,580 (±$4,465) | $42,352 (±$376) | $52,966 |
| Median owner household income | $65,250 (±$13,388) | $76,363 (±$5,409) | $87,130 (±$344) | $100,009 |
| Median gross rent | $842 (±$33) | $896 (±$62) | $1,129 (±$4) | $1,413 |
In Free Soil Township, median household income is not measurably different from Mason County ($64,748).
It is not measurably different from Michigan ($72,875).
It is lower than the national figure ($80,734).
In Mason County, Free Soil Township ranks 9 of 17 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 989 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 Free Soil 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 $842 a month ($10,104 a year) needs an income of about $33,700 a year.
The median renting household in Free Soil Township earns $36,875 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 | $57,679 (±$8,255) | $62,344 (±$12,135) | +8.1% | No measurable change after inflation |
| Median gross rent | $713 (±$144) | $842 (±$33) | +18.1% | No measurable change after inflation |
| Median home value | $113,900 (±$9,474) | $220,900 (±$42,899) | +93.9% | 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 Free Soil Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Free Soil Township | — | $62,344 (±$12,135) | — |
| Fountain | 5.8 mi | $58,750 (±$29,540) | Not measurably different |
| Meade Township (Mason County) | 5.8 mi | $61,333 (±$1,739) | Not measurably different |
| Stronach Township | 6.1 mi | $80,417 (±$21,844) | Not measurably different |
| Sherman Township (Mason County) | 6.1 mi | $75,500 (±$23,511) | Not measurably different |
| Filer Charter Township | 7.0 mi | $74,675 (±$6,713) | Not measurably different |
| Grant Township (Mason County) | 7.5 mi | $74,063 (±$17,259) | Not measurably different |
| Sheridan Township (Mason County) | 7.9 mi | $61,563 (±$12,640) | Not measurably different |
| Victory Township | 8.8 mi | $65,938 (±$10,771) | 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 Mason County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 3 | Hamlin Township (Mason County) | $80,919 (±$10,561) |
| 4 | Sherman Township (Mason County) | $75,500 (±$23,511) |
| 5 | Grant Township (Mason County) | $74,063 (±$17,259) |
| 6 | Amber Township | $70,515 (±$8,082) |
| 7 | Victory Township | $65,938 (±$10,771) |
| 8 | Riverton Township | $63,250 (±$7,239) |
| 9 | Free Soil Township | $62,344 (±$12,135) |
| 10 | Branch Township | $61,886 (±$2,660) |
| 11 | Sheridan Township (Mason County) | $61,563 (±$12,640) |
| 12 | Meade Township (Mason County) | $61,333 (±$1,739) |
| 13 | Eden Township (Mason County) | $58,750 (±$13,288) |
| 14 | Logan Township (Mason County) | $58,125 (±$13,674) |
| 15 | Custer Township (Mason County) | $56,172 (±$11,661) |
Showing 13 of 17 places in Mason County, ranked from highest to lowest.
The figures for Free Soil Township include the places inside it that have pages of their own: Free Soil.
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 Free Soil Township
What is the median household income in Free Soil Township?
The median household income in Free Soil Township is $62,344 (±$12,135) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Free Soil Township?
About $33,700 a year, if rent is to stay at or below 30% of income at the median gross rent of $842 a month.
Have incomes in Free Soil Township kept up with inflation?
In Free Soil Township, the median household income went from $57,679 in 2015–2019 to $62,344 in 2020–2024 (+8.1%).
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 Free Soil Township?
The median renting household in Free Soil Township, MI earns $36,875 (±$9,037) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Free Soil township, Mason County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Free Soil township, Mason County, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Free Soil township, Mason County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Free Soil township, Mason County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Free Soil township, Mason County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Free Soil township, Mason 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 Free Soil township, Mason County, Michigan (county subdivision:30620, in state:26 county:105).
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 Free Soil Township at a glance
- Home values in Free Soil Township
- Homeowner costs in Free Soil Township
- Property taxes in Free Soil Township
- Types of homes in Free Soil Township
- Bedrooms in Free Soil Township
- Age of homes in Free Soil Township
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- Commute and cars in Free Soil Township
- How long people stay in Free Soil Township
- Michigan landlord and tenant rules
- Housing across Mason County
- Michigan places ranked by median household income
- Housing data for every place in Michigan