What is the median household income in Gilmore Township (Benzie County), MI?
The median household income in Gilmore Township (Benzie County), MI is $103,438 (±$20,573) a year (2020–2024 American Community Survey).
Paying the median gross rent of $850 a month would take about $34,000 a year at the common guideline of spending no more than 30% of income on rent.
In Gilmore Township (Benzie County), the median household income went from $47,361 in 2015–2019 to $103,438 in 2020–2024 (+118.4%).
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
- $103,438 (±$20,573)
- Median renter income
- $80,833 (±$32,950)
- Income to afford median rent
- about $34,000
Income in Gilmore Township (Benzie County) against Benzie County, its state and the nation
| Gilmore Township (Benzie County) | Benzie County | Michigan | United States | |
|---|---|---|---|---|
| Median household income | $103,438 (±$20,573) | $74,834 (±$3,104) | $72,875 (±$293) | $80,734 |
| Median renter household income | $80,833 (±$32,950) | $42,188 (±$18,029) | $42,352 (±$376) | $52,966 |
| Median owner household income | $112,813 (±$21,820) | $80,189 (±$3,906) | $87,130 (±$344) | $100,009 |
| Median gross rent | $850 (±$216) | $1,026 (±$77) | $1,129 (±$4) | $1,413 |
In Gilmore Township (Benzie County), median household income is higher than in Benzie County ($74,834).
It is also higher than in Michigan ($72,875).
It is higher than the national figure ($80,734).
In Benzie County, Gilmore Township (Benzie County) ranks 1 of 13 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 133 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 Gilmore Township (Benzie County)
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 $850 a month ($10,200 a year) needs an income of about $34,000 a year.
The median renting household in Gilmore Township (Benzie County) earns $80,833 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 | $47,361 (±$12,868) | $103,438 (±$20,573) | +118.4% | Up after inflation |
| Median gross rent | $881 (±$218) | $850 (±$216) | −3.5% | No measurable change after inflation |
| Median home value | $166,900 (±$15,006) | $301,100 (±$39,193) | +80.4% | 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 Gilmore Township (Benzie County)
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Gilmore Township (Benzie County) | — | $103,438 (±$20,573) | — |
| Crystal Lake Township | 2.9 mi | $69,913 (±$13,390) | Lower |
| Blaine Township | 3.2 mi | $75,313 (±$19,876) | Not measurably different |
| Frankfort | 3.4 mi | $54,327 (±$5,907) | Lower |
| Benzonia | 4.8 mi | $61,875 (±$10,726) | Lower |
| Beulah | 5.0 mi | $71,000 (±$38,467) | Not measurably different |
| Benzonia Township | 5.6 mi | $72,500 (±$17,090) | Lower |
| Joyfield Township | 6.2 mi | $51,250 (±$14,823) | Lower |
| Lake Township (Benzie County) | 8.3 mi | $98,125 (±$20,401) | Not measurably different |
Nearby places with a measurably lower figure: Crystal Lake Township, MI ($69,913), Frankfort, MI ($54,327), Benzonia, MI ($61,875).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Benzie County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Gilmore Township (Benzie County) | $103,438 (±$20,573) |
| 2 | Lake Township (Benzie County) | $98,125 (±$20,401) |
| 3 | Platte Township | $91,250 (±$19,799) |
| 4 | Almira Township | $90,278 (±$11,034) |
| 5 | Inland Township | $80,759 (±$6,944) |
| 6 | Blaine Township | $75,313 (±$19,876) |
| 7 | Benzonia Township | $72,500 (±$17,090) |
Showing 7 of 13 places in Benzie County, ranked from highest to lowest.
The figures for Gilmore Township (Benzie County) include the places inside it that have pages of their own: Elberta.
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 Gilmore Township (Benzie County)
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Gilmore Township (Benzie County) beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Gilmore Township (Benzie County), save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Gilmore Township (Benzie County), and send estimates and invoices from your phone.
Questions about Gilmore Township (Benzie County)
What is the median household income in Gilmore Township (Benzie County)?
The median household income in Gilmore Township (Benzie County) is $103,438 (±$20,573) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Gilmore Township (Benzie County)?
About $34,000 a year, if rent is to stay at or below 30% of income at the median gross rent of $850 a month.
Have incomes in Gilmore Township (Benzie County) kept up with inflation?
In Gilmore Township (Benzie County), the median household income went from $47,361 in 2015–2019 to $103,438 in 2020–2024 (+118.4%).
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 Gilmore Township (Benzie County)?
The median renting household in Gilmore Township (Benzie County), MI earns $80,833 (±$32,950) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Gilmore township, Benzie County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Gilmore township, Benzie County, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Gilmore township, Benzie County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Gilmore township, Benzie County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Gilmore township, Benzie County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Gilmore township, Benzie 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 Gilmore township, Benzie County, Michigan (county subdivision:32180, in state:26 county:019).
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 Gilmore Township (Benzie County) at a glance
- Home values in Gilmore Township (Benzie County)
- Homeowner costs in Gilmore Township (Benzie County)
- Property taxes in Gilmore Township (Benzie County)
- Types of homes in Gilmore Township (Benzie County)
- Bedrooms in Gilmore Township (Benzie County)
- Age of homes in Gilmore Township (Benzie County)
- Heating fuel in Gilmore Township (Benzie County)
- Commute and cars in Gilmore Township (Benzie County)
- Michigan landlord and tenant rules
- Housing across Benzie County
- Michigan places ranked by median household income
- Housing data for every place in Michigan