What is the median household income in Golden Township, MI?
The median household income in Golden Township, MI is $67,426 (±$9,057) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,033 a month would take about $41,300 a year at the common guideline of spending no more than 30% of income on rent.
In Golden Township, the median household income went from $51,838 in 2015–2019 to $67,426 in 2020–2024 (+30.1%).
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
- $67,426 (±$9,057)
- Income to afford median rent
- about $41,300
Income in Golden Township against Oceana County, its state and the nation
| Golden Township | Oceana County | Michigan | United States | |
|---|---|---|---|---|
| Median household income | $67,426 (±$9,057) | $62,417 (±$3,332) | $72,875 (±$293) | $80,734 |
| Median renter household income | — | $36,368 (±$2,479) | $42,352 (±$376) | $52,966 |
| Median owner household income | $69,081 (±$14,500) | $69,813 (±$2,806) | $87,130 (±$344) | $100,009 |
| Median gross rent | $1,033 (±$332) | $759 (±$41) | $1,129 (±$4) | $1,413 |
In Golden Township, median household income is not measurably different from Oceana County ($62,417).
It is not measurably different from Michigan ($72,875).
It is lower than the national figure ($80,734).
In Oceana County, Golden Township ranks 8 of 17 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 819 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 Golden 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 $1,033 a month ($12,396 a year) needs an income of about $41,300 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 | $51,838 (±$6,220) | $67,426 (±$9,057) | +30.1% | No measurable change after inflation |
| Median gross rent | $613 (±$81) | $1,033 (±$332) | +68.5% | No measurable change after inflation |
| Median home value | $167,200 (±$16,575) | $264,700 (±$39,849) | +58.3% | 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 Golden Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Golden Township | — | $67,426 (±$9,057) | — |
| Hart | 4.3 mi | $50,956 (±$11,774) | Lower |
| Pentwater Township | 5.6 mi | $87,708 (±$7,235) | Higher |
| Hart Township | 5.9 mi | $59,821 (±$8,187) | Not measurably different |
| Benona Township | 6.0 mi | $77,632 (±$29,666) | Not measurably different |
| Pentwater | 6.3 mi | $80,750 (±$14,925) | Not measurably different |
| Shelby | 6.9 mi | $49,855 (±$8,627) | Lower |
| Weare Township | 8.1 mi | $55,114 (±$13,047) | Not measurably different |
| Shelby Township | 8.4 mi | $67,736 (±$5,800) | Not measurably different |
Nearby places with a measurably lower figure: Hart, MI ($50,956), Shelby, MI ($49,855).
Nearby places with a measurably higher figure: Pentwater Township, MI ($87,708).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Oceana County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 2 | Elbridge Township | $80,833 (±$30,318) |
| 3 | Benona Township | $77,632 (±$29,666) |
| 4 | Colfax Township (Oceana County) | $77,500 (±$28,725) |
| 5 | Otto Township | $69,583 (±$15,706) |
| 6 | Claybanks Township | $68,281 (±$9,856) |
| 7 | Shelby Township | $67,736 (±$5,800) |
| 8 | Golden Township | $67,426 (±$9,057) |
| 9 | Newfield Township | $62,391 (±$13,452) |
| 10 | Hart Township | $59,821 (±$8,187) |
| 11 | Grant Township (Oceana County) | $57,625 (±$10,525) |
| 12 | Weare Township | $55,114 (±$13,047) |
| 13 | Ferry Township | $54,601 (±$10,873) |
| 14 (tie) | Crystal Township (Oceana County) | $54,375 (±$10,784) |
Showing 13 of 17 places in Oceana 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 Golden Township
What is the median household income in Golden Township?
The median household income in Golden Township is $67,426 (±$9,057) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Golden Township?
About $41,300 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,033 a month.
Have incomes in Golden Township kept up with inflation?
In Golden Township, the median household income went from $51,838 in 2015–2019 to $67,426 in 2020–2024 (+30.1%).
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 — Golden township, Oceana County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Golden township, Oceana County, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Golden township, Oceana County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Golden township, Oceana County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Golden township, Oceana County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Golden township, Oceana 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 Golden township, Oceana County, Michigan (county subdivision:32780, in state:26 county:127).
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 Golden Township at a glance
- Renters and owners in Golden Township
- Home values in Golden Township
- Homeowner costs in Golden Township
- Property taxes in Golden Township
- Types of homes in Golden Township
- Bedrooms in Golden Township
- Age of homes in Golden Township
- Heating fuel in Golden Township
- Commute and cars in Golden Township
- Population growth in Golden Township
- How long people stay in Golden Township
- Michigan landlord and tenant rules
- Housing across Oceana County
- Michigan places ranked by median household income
- Housing data for every place in Michigan