What is the median household income in Liberty Township (Wexford County), MI?
The median household income in Liberty Township (Wexford County), MI is $69,028 (±$8,393) a year (2020–2024 American Community Survey).
In Liberty Township (Wexford County), the median household income went from $47,045 in 2015–2019 to $69,028 in 2020–2024 (+46.7%).
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
- $69,028 (±$8,393)
- Median renter income
- $67,917 (±$44,369)
Income in Liberty Township (Wexford County) against Wexford County, its state and the nation
| Liberty Township (Wexford County) | Wexford County | Michigan | United States | |
|---|---|---|---|---|
| Median household income | $69,028 (±$8,393) | $61,085 (±$2,988) | $72,875 (±$293) | $80,734 |
| Median renter household income | $67,917 (±$44,369) | $35,971 (±$4,532) | $42,352 (±$376) | $52,966 |
| Median owner household income | $69,250 (±$9,666) | $71,801 (±$3,390) | $87,130 (±$344) | $100,009 |
| Median gross rent | — | $897 (±$45) | $1,129 (±$4) | $1,413 |
In Liberty Township (Wexford County), median household income is not measurably different from Wexford County ($61,085).
It is not measurably different from Michigan ($72,875).
It is lower than the national figure ($80,734).
In Wexford County, Liberty Township (Wexford County) ranks 7 of 18 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 775 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 | $47,045 (±$7,782) | $69,028 (±$8,393) | +46.7% | No measurable change after inflation |
| Median home value | $112,800 (±$6,494) | $168,500 (±$15,858) | +49.4% | 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 Liberty Township (Wexford County)
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Liberty Township (Wexford County) | — | $69,028 (±$8,393) | — |
| Manton | 4.0 mi | $45,982 (±$3,400) | Lower |
| Bloomfield Township (Missaukee County) | 5.9 mi | $73,295 (±$9,026) | Not measurably different |
| Fife Lake Township | 6.0 mi | $83,194 (±$19,464) | Not measurably different |
| Cedar Creek Township (Wexford County) | 6.0 mi | $66,667 (±$15,740) | Not measurably different |
| Greenwood Township (Wexford County) | 6.4 mi | $80,750 (±$22,645) | Not measurably different |
| Fife Lake | 7.8 mi | $68,472 (±$11,441) | Not measurably different |
| Springfield Township | 7.9 mi | $49,167 (±$10,446) | Lower |
| Colfax Township (Wexford County) | 8.2 mi | $47,500 (±$13,681) | Lower |
Nearby places with a measurably lower figure: Manton, MI ($45,982), Springfield Township, MI ($49,167), Colfax Township (Wexford County), MI ($47,500).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Wexford County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Cherry Grove Township | $97,177 (±$12,850) |
| 2 | Clam Lake Township | $86,429 (±$20,597) |
| 3 | Henderson Township | $82,625 (±$35,503) |
| 4 | Greenwood Township (Wexford County) | $80,750 (±$22,645) |
| 5 | Wexford Township | $77,563 (±$8,343) |
| 6 | Haring Charter Township | $74,563 (±$19,609) |
| 7 | Liberty Township (Wexford County) | $69,028 (±$8,393) |
| 8 | Hanover Township (Wexford County) | $68,214 (±$12,119) |
| 9 | Cedar Creek Township (Wexford County) | $66,667 (±$15,740) |
| 10 | Selma Township | $65,217 (±$19,852) |
| 11 | Antioch Township | $65,000 (±$13,652) |
| 12 | South Branch Township (Wexford County) | $60,000 (±$12,874) |
| 13 | Cadillac | $51,773 (±$3,850) |
Showing 13 of 18 places in Wexford 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 Liberty Township (Wexford County)
What is the median household income in Liberty Township (Wexford County)?
The median household income in Liberty Township (Wexford County) is $69,028 (±$8,393) a year (2020–2024 American Community Survey).
Have incomes in Liberty Township (Wexford County) kept up with inflation?
In Liberty Township (Wexford County), the median household income went from $47,045 in 2015–2019 to $69,028 in 2020–2024 (+46.7%).
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 Liberty Township (Wexford County)?
The median renting household in Liberty Township (Wexford County), MI earns $67,917 (±$44,369) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Liberty township, Wexford County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Liberty township, Wexford County, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Liberty township, Wexford County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Liberty township, Wexford County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Liberty township, Wexford County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Liberty township, Wexford 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 Liberty township, Wexford County, Michigan (county subdivision:47380, in state:26 county:165).
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
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- Michigan landlord and tenant rules
- Housing across Wexford County
- Michigan places ranked by median household income
- Housing data for every place in Michigan