What is the median household income in Mikado Township, MI?
The median household income in Mikado Township, MI is $50,461 (±$8,627) a year (2020–2024 American Community Survey).
In Mikado Township, the median household income went from $36,125 in 2015–2019 to $50,461 in 2020–2024 (+39.7%).
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
- $50,461 (±$8,627)
- Median renter income
- $31,944 (±$9,732)
Income in Mikado Township against Alcona County, its state and the nation
| Mikado Township | Alcona County | Michigan | United States | |
|---|---|---|---|---|
| Median household income | $50,461 (±$8,627) | $54,993 (±$1,572) | $72,875 (±$293) | $80,734 |
| Median renter household income | $31,944 (±$9,732) | $35,306 (±$3,529) | $42,352 (±$376) | $52,966 |
| Median owner household income | $51,250 (±$5,995) | $60,118 (±$5,466) | $87,130 (±$344) | $100,009 |
| Median gross rent | — | $867 (±$115) | $1,129 (±$4) | $1,413 |
In Mikado Township, median household income is not measurably different from Alcona County ($54,993).
It is also lower than in Michigan ($72,875).
It is lower than the national figure ($80,734).
In Alcona County, Mikado Township ranks 9 of 12 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1352 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 | $36,125 (±$10,249) | $50,461 (±$8,627) | +39.7% | No measurable change after inflation |
| Median home value | $84,000 (±$13,338) | $129,800 (±$28,305) | +54.5% | No measurable change 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 Mikado Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Mikado Township | — | $50,461 (±$8,627) | — |
| Gustin Township | 6.2 mi | $58,125 (±$27,083) | Not measurably different |
| Oscoda Charter Township | 6.7 mi | $43,125 (±$9,227) | Not measurably different |
| Greenbush Township (Alcona County) | 7.3 mi | $62,813 (±$15,313) | Not measurably different |
| Millen Township | 8.3 mi | $55,469 (±$5,753) | Not measurably different |
| Harrisville Township | 10.0 mi | $53,958 (±$7,379) | Not measurably different |
| Lincoln | 10 mi | $37,679 (±$14,276) | Not measurably different |
| Hawes Township | 11 mi | $67,500 (±$10,586) | Higher |
| Wilber Township | 12 mi | $66,667 (±$6,412) | Higher |
Nearby places with a measurably higher figure: Hawes Township, MI ($67,500), Wilber Township, MI ($66,667).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Alcona County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 3 | Hawes Township | $67,500 (±$10,586) |
| 4 | Greenbush Township (Alcona County) | $62,813 (±$15,313) |
| 5 | Gustin Township | $58,125 (±$27,083) |
| 6 | Millen Township | $55,469 (±$5,753) |
| 7 | Haynes Township | $54,315 (±$4,659) |
| 8 | Harrisville Township | $53,958 (±$7,379) |
| 9 | Mikado Township | $50,461 (±$8,627) |
| 10 | Mitchell Township | $48,250 (±$8,891) |
| 11 | Curtis Township | $39,180 (±$4,732) |
| 12 | Harrisville | $36,050 (±$2,891) |
Showing 10 of 12 places in Alcona 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 Mikado Township
What is the median household income in Mikado Township?
The median household income in Mikado Township is $50,461 (±$8,627) a year (2020–2024 American Community Survey).
Have incomes in Mikado Township kept up with inflation?
In Mikado Township, the median household income went from $36,125 in 2015–2019 to $50,461 in 2020–2024 (+39.7%).
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 Mikado Township?
The median renting household in Mikado Township, MI earns $31,944 (±$9,732) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Mikado township, Alcona County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Mikado township, Alcona County, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Mikado township, Alcona County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Mikado township, Alcona County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Mikado township, Alcona County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Mikado township, Alcona 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 Mikado township, Alcona County, Michigan (county subdivision:53880, in state:26 county:001).
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 Mikado Township at a glance
- Home values in Mikado Township
- Homeowner costs in Mikado Township
- Property taxes in Mikado Township
- Types of homes in Mikado Township
- Bedrooms in Mikado Township
- Age of homes in Mikado Township
- Heating fuel in Mikado Township
- Commute and cars in Mikado Township
- How long people stay in Mikado Township
- Michigan landlord and tenant rules
- Housing across Alcona County
- Michigan places ranked by median household income
- Housing data for every place in Michigan