What is the median household income in Lowell Charter Township, MI?
The median household income in Lowell Charter Township, MI is $104,794 (±$10,807) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,688 a month would take about $67,500 a year at the common guideline of spending no more than 30% of income on rent.
In Lowell Charter Township, the median household income went from $80,095 in 2015–2019 to $104,794 in 2020–2024 (+30.8%).
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
- $104,794 (±$10,807)
- Median renter income
- $49,375 (±$11,977)
- Income to afford median rent
- about $67,500
Income in Lowell Charter Township against Kent County, its state and the nation
| Lowell Charter Township | Kent County | Michigan | United States | |
|---|---|---|---|---|
| Median household income | $104,794 (±$10,807) | $82,631 (±$1,165) | $72,875 (±$293) | $80,734 |
| Median renter household income | $49,375 (±$11,977) | $50,123 (±$1,340) | $42,352 (±$376) | $52,966 |
| Median owner household income | $107,686 (±$16,969) | $101,126 (±$1,625) | $87,130 (±$344) | $100,009 |
| Median gross rent | $1,688 (±$102) | $1,243 (±$18) | $1,129 (±$4) | $1,413 |
In Lowell Charter Township, median household income is higher than in Kent County ($82,631).
It is also higher than in Michigan ($72,875).
It is higher than the national figure ($80,734).
In Kent County, Lowell Charter Township ranks 13 of 30 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 126 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 Lowell Charter 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 $1,688 a month ($20,256 a year) needs an income of about $67,500 a year.
The median renting household in Lowell Charter Township earns $49,375 a year, less than that.
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 | $80,095 (±$6,019) | $104,794 (±$10,807) | +30.8% | No measurable change after inflation |
| Median gross rent | $1,046 (±$160) | $1,688 (±$102) | +61.4% | Up after inflation |
| Median home value | $200,200 (±$23,051) | $321,600 (±$52,404) | +60.6% | 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 Lowell Charter Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Lowell Charter Township | — | $104,794 (±$10,807) | — |
| Lowell | 3.0 mi | $72,875 (±$16,474) | Lower |
| Bowne Township | 5.2 mi | $120,859 (±$10,288) | Higher |
| Vergennes Township | 5.8 mi | $113,482 (±$24,074) | Not measurably different |
| Cascade Charter Township | 6.0 mi | $135,896 (±$14,943) | Higher |
| Boston Township | 6.1 mi | $83,977 (±$11,075) | Lower |
| Forest Hills | 7.4 mi | $158,005 (±$13,605) | Higher |
| Clarksville | 7.6 mi | $75,625 (±$22,340) | Lower |
| Campbell Township | 8.1 mi | $85,128 (±$8,983) | Lower |
Nearby places with a measurably lower figure: Lowell, MI ($72,875), Boston Township, MI ($83,977), Clarksville, MI ($75,625).
Nearby places with a measurably higher figure: Bowne Township, MI ($120,859), Cascade Charter Township, MI ($135,896), Forest Hills, MI ($158,005).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Kent County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 7 | Bowne Township | $120,859 (±$10,288) |
| 8 | Vergennes Township | $113,482 (±$24,074) |
| 9 | Caledonia Township (Kent County) | $111,365 (±$15,573) |
| 10 | Grattan Township | $111,354 (±$19,257) |
| 11 | Courtland Township | $107,321 (±$14,524) |
| 12 | Rockford | $107,121 (±$15,091) |
| 13 | Lowell Charter Township | $104,794 (±$10,807) |
| 14 | Oakfield Township | $103,411 (±$22,147) |
| 15 | Plainfield Charter Township | $94,218 (±$7,315) |
| 16 | Byron Township | $91,481 (±$10,273) |
| 17 | Solon Township (Kent County) | $86,958 (±$14,278) |
| 18 | Gaines Charter Township | $82,738 (±$6,919) |
| 19 | Spencer Township | $82,571 (±$13,432) |
Showing 13 of 30 places in Kent 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 Lowell Charter Township
What is the median household income in Lowell Charter Township?
The median household income in Lowell Charter Township is $104,794 (±$10,807) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Lowell Charter Township?
About $67,500 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,688 a month.
Have incomes in Lowell Charter Township kept up with inflation?
In Lowell Charter Township, the median household income went from $80,095 in 2015–2019 to $104,794 in 2020–2024 (+30.8%).
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 Lowell Charter Township?
The median renting household in Lowell Charter Township, MI earns $49,375 (±$11,977) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Lowell charter township, Kent County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lowell charter township, Kent County, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lowell charter township, Kent County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Lowell charter township, Kent County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lowell charter township, Kent County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lowell charter township, Kent 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 Lowell charter township, Kent County, Michigan (county subdivision:49560, in state:26 county:081).
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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- Median rent in Lowell Charter Township
- Renters and owners in Lowell Charter Township
- Home values in Lowell Charter Township
- Homeowner costs in Lowell Charter Township
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- Types of homes in Lowell Charter Township
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- Population growth in Lowell Charter Township
- How long people stay in Lowell Charter Township
- Crowding and facilities in Lowell Charter Township
- Michigan landlord and tenant rules
- Housing across Kent County
- Michigan places ranked by median household income
- Housing data for every place in Michigan