What is the median household income in Martin Township, MI?
The median household income in Martin Township, MI is $72,125 (±$14,180) a year (2020–2024 American Community Survey).
Paying the median gross rent of $767 a month would take about $30,700 a year at the common guideline of spending no more than 30% of income on rent.
In Martin Township, the median household income went from $56,250 in 2015–2019 to $72,125 in 2020–2024 (+28.2%).
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
- $72,125 (±$14,180)
- Median renter income
- $63,571 (±$31,277)
- Income to afford median rent
- about $30,700
Income in Martin Township against Allegan County, its state and the nation
| Martin Township | Allegan County | Michigan | United States | |
|---|---|---|---|---|
| Median household income | $72,125 (±$14,180) | $83,283 (±$2,480) | $72,875 (±$293) | $80,734 |
| Median renter household income | $63,571 (±$31,277) | $42,221 (±$4,567) | $42,352 (±$376) | $52,966 |
| Median owner household income | $72,458 (±$14,062) | $88,473 (±$2,527) | $87,130 (±$344) | $100,009 |
| Median gross rent | $767 (±$79) | $1,100 (±$40) | $1,129 (±$4) | $1,413 |
In Martin Township, median household income is not measurably different from Allegan County ($83,283).
It is not measurably different from Michigan ($72,875).
It is not measurably different from the national figure ($80,734).
In Allegan County, Martin Township ranks 24 of 31 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 676 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 Martin 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 $767 a month ($9,204 a year) needs an income of about $30,700 a year.
The median renting household in Martin Township earns $63,571 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 | $56,250 (±$6,274) | $72,125 (±$14,180) | +28.2% | No measurable change after inflation |
| Median gross rent | $660 (±$203) | $767 (±$79) | +16.2% | No measurable change after inflation |
| Median home value | $132,900 (±$11,502) | $205,700 (±$17,968) | +54.8% | 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 Martin Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Martin Township | — | $72,125 (±$14,180) | — |
| Watson Township | 5.6 mi | $65,469 (±$11,517) | Not measurably different |
| Wayland Township | 6.0 mi | $91,383 (±$18,180) | Not measurably different |
| Gun Plain Township | 6.4 mi | $89,346 (±$12,720) | Not measurably different |
| Orangeville Township | 6.8 mi | $83,281 (±$13,811) | Not measurably different |
| Plainwell | 7.3 mi | $66,525 (±$13,389) | Not measurably different |
| Otsego | 7.6 mi | $74,156 (±$7,774) | Not measurably different |
| Hopkins Township | 7.6 mi | $88,825 (±$5,035) | Higher |
| Otsego Township | 8.0 mi | $74,145 (±$8,551) | Not measurably different |
Nearby places with a measurably higher figure: Hopkins Township, MI ($88,825).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Allegan County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 18 | Douglas | $81,627 (±$6,499) |
| 19 | Ganges Township | $77,675 (±$5,284) |
| 20 | Trowbridge Township | $75,833 (±$10,418) |
| 21 | Wayland | $74,464 (±$11,752) |
| 22 | Otsego | $74,156 (±$7,774) |
| 23 | Otsego Township | $74,145 (±$8,551) |
| 24 | Martin Township | $72,125 (±$14,180) |
| 25 | Clyde Township (Allegan County) | $72,083 (±$14,646) |
| 26 | Plainwell | $66,525 (±$13,389) |
| 27 | Watson Township | $65,469 (±$11,517) |
| 28 | Lee Township (Allegan County) | $65,156 (±$14,999) |
| 29 | Cheshire Township | $64,345 (±$14,914) |
| 30 | Fennville | $59,167 (±$24,123) |
Showing 13 of 31 places in Allegan County, ranked from highest to lowest.
The figures for Martin Township include the places inside it that have pages of their own: Martin.
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 Martin Township
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Questions about Martin Township
What is the median household income in Martin Township?
The median household income in Martin Township is $72,125 (±$14,180) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Martin Township?
About $30,700 a year, if rent is to stay at or below 30% of income at the median gross rent of $767 a month.
Have incomes in Martin Township kept up with inflation?
In Martin Township, the median household income went from $56,250 in 2015–2019 to $72,125 in 2020–2024 (+28.2%).
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 Martin Township?
The median renting household in Martin Township, MI earns $63,571 (±$31,277) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Martin township, Allegan County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Martin township, Allegan County, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Martin township, Allegan County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Martin township, Allegan County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Martin township, Allegan County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Martin township, Allegan 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 Martin township, Allegan County, Michigan (county subdivision:52000, in state:26 county:005).
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 Martin Township at a glance
- Median rent in Martin Township
- Renters and owners in Martin Township
- Home values in Martin Township
- Homeowner costs in Martin Township
- Property taxes in Martin Township
- Types of homes in Martin Township
- Bedrooms in Martin Township
- Age of homes in Martin Township
- Heating fuel in Martin Township
- Commute and cars in Martin Township
- Population growth in Martin Township
- How long people stay in Martin Township
- Michigan landlord and tenant rules
- Housing across Allegan County
- Michigan places ranked by median household income
- Housing data for every place in Michigan