What is the median household income in Grout Township, MI?
The median household income in Grout Township, MI is $74,688 (±$17,562) a year (2020–2024 American Community Survey).
In Grout Township, the median household income went from $46,958 in 2015–2019 to $74,688 in 2020–2024 (+59.1%).
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
- $74,688 (±$17,562)
Income in Grout Township against Gladwin County, its state and the nation
| Grout Township | Gladwin County | Michigan | United States | |
|---|---|---|---|---|
| Median household income | $74,688 (±$17,562) | $55,349 (±$2,210) | $72,875 (±$293) | $80,734 |
| Median renter household income | — | $29,867 (±$4,022) | $42,352 (±$376) | $52,966 |
| Median owner household income | $77,563 (±$16,160) | $61,950 (±$3,683) | $87,130 (±$344) | $100,009 |
| Median gross rent | — | $690 (±$43) | $1,129 (±$4) | $1,413 |
In Grout Township, median household income is higher than in Gladwin County ($55,349).
It is not measurably different from Michigan ($72,875).
It is not measurably different from the national figure ($80,734).
In Gladwin County, Grout Township ranks 1 of 17 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 596 of 1,517.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $46,958 (±$5,258) | $74,688 (±$17,562) | +59.1% | No measurable change after inflation |
| Median home value | $98,100 (±$17,885) | $157,100 (±$22,042) | +60.1% | 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 Grout Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Grout Township | — | $74,688 (±$17,562) | — |
| Gladwin | 4.3 mi | $43,005 (±$14,045) | Lower |
| Beaverton | 5.8 mi | $30,050 (±$3,578) | Lower |
| Arthur Township | 5.9 mi | $78,636 (±$11,180) | Not measurably different |
| Sage Township | 6.0 mi | $57,424 (±$9,122) | Not measurably different |
| Beaverton Township | 6.7 mi | $67,768 (±$10,879) | Not measurably different |
| Buckeye Township | 7.1 mi | $52,708 (±$11,743) | Lower |
| Sheridan Township (Clare County) | 8.8 mi | $64,135 (±$14,623) | Not measurably different |
| Hamilton Township (Clare County) | 9.0 mi | $45,096 (±$11,813) | Lower |
Nearby places with a measurably lower figure: Gladwin, MI ($43,005), Beaverton, MI ($30,050), Buckeye Township, MI ($52,708).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Gladwin County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Grout Township | $74,688 (±$17,562) |
| 2 | Secord Township | $70,125 (±$10,169) |
| 3 | Beaverton Township | $67,768 (±$10,879) |
| 4 | Hay Township | $64,432 (±$8,278) |
| 5 | Tobacco Township | $64,000 (±$10,963) |
| 6 | Bentley Township | $63,523 (±$15,657) |
| 7 | Butman Township | $61,989 (±$10,155) |
Showing 7 of 17 places in Gladwin 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 Grout Township
What is the median household income in Grout Township?
The median household income in Grout Township is $74,688 (±$17,562) a year (2020–2024 American Community Survey).
Have incomes in Grout Township kept up with inflation?
In Grout Township, the median household income went from $46,958 in 2015–2019 to $74,688 in 2020–2024 (+59.1%).
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 — Grout township, Gladwin County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Grout township, Gladwin County, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Grout township, Gladwin County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Grout township, Gladwin County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Grout township, Gladwin County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Grout township, Gladwin 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 Grout township, Gladwin County, Michigan (county subdivision:35620, in state:26 county:051).
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 Grout Township at a glance
- Home values in Grout Township
- Homeowner costs in Grout Township
- Property taxes in Grout Township
- Types of homes in Grout Township
- Bedrooms in Grout Township
- Age of homes in Grout Township
- Heating fuel in Grout Township
- Commute and cars in Grout Township
- Population growth in Grout Township
- How long people stay in Grout Township
- Michigan landlord and tenant rules
- Housing across Gladwin County
- Michigan places ranked by median household income
- Housing data for every place in Michigan