What is the median household income in Munro Township, MI?
The median household income in Munro Township, MI is $66,452 (±$2,049) a year (2020–2024 American Community Survey).
In Munro Township, the median household income went from $58,438 in 2015–2019 to $66,452 in 2020–2024 (+13.7%).
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
- $66,452 (±$2,049)
- Median renter income
- $52,500 (±$42,692)
Income in Munro Township against Cheboygan County, its state and the nation
| Munro Township | Cheboygan County | Michigan | United States | |
|---|---|---|---|---|
| Median household income | $66,452 (±$2,049) | $62,875 (±$3,272) | $72,875 (±$293) | $80,734 |
| Median renter household income | $52,500 (±$42,692) | $31,910 (±$5,500) | $42,352 (±$376) | $52,966 |
| Median owner household income | $67,262 (±$7,357) | $67,708 (±$2,740) | $87,130 (±$344) | $100,009 |
| Median gross rent | — | $773 (±$63) | $1,129 (±$4) | $1,413 |
In Munro Township, median household income is not measurably different from Cheboygan County ($62,875).
It is also lower than in Michigan ($72,875).
It is lower than the national figure ($80,734).
In Cheboygan County, Munro Township ranks 10 of 20 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 853 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 | $58,438 (±$9,033) | $66,452 (±$2,049) | +13.7% | No measurable change after inflation |
| Median home value | $198,200 (±$38,386) | $302,100 (±$89,135) | +52.4% | 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 Munro Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Munro Township | — | $66,452 (±$2,049) | — |
| Hebron Township | 5.1 mi | $72,500 (±$20,296) | Not measurably different |
| Burt Township (Cheboygan County) | 5.5 mi | $77,188 (±$37,235) | Not measurably different |
| Inverness Township | 5.7 mi | $56,141 (±$9,372) | Lower |
| McKinley Township (Emmet County) | 6.2 mi | $54,417 (±$16,583) | Not measurably different |
| Pellston | 6.8 mi | $66,875 (±$12,920) | Not measurably different |
| Beaugrand Township | 6.8 mi | $62,083 (±$15,451) | Not measurably different |
| Mullett Township | 7.9 mi | $82,500 (±$15,591) | Higher |
| Carp Lake Township (Emmet County) | 9.0 mi | $45,833 (±$7,019) | Lower |
Nearby places with a measurably lower figure: Inverness Township, MI ($56,141), Carp Lake Township (Emmet County), MI ($45,833).
Nearby places with a measurably higher figure: Mullett Township, MI ($82,500).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Cheboygan County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 4 | Ellis Township | $76,563 (±$18,834) |
| 5 | Walker Township | $75,833 (±$32,512) |
| 6 | Aloha Township | $73,333 (±$12,825) |
| 7 | Hebron Township | $72,500 (±$20,296) |
| 8 | Benton Township (Cheboygan County) | $68,401 (±$5,014) |
| 9 | Waverly Township (Cheboygan County) | $67,375 (±$19,187) |
| 10 | Munro Township | $66,452 (±$2,049) |
| 11 | Tuscarora Township | $66,042 (±$11,443) |
| 12 | Beaugrand Township | $62,083 (±$15,451) |
| 13 | Koehler Township | $61,859 (±$7,791) |
| 14 | Mentor Township (Cheboygan County) | $60,208 (±$13,104) |
| 15 | Nunda Township | $58,707 (±$5,583) |
| 16 | Forest Township (Cheboygan County) | $57,292 (±$14,654) |
Showing 13 of 20 places in Cheboygan 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 Munro Township
What is the median household income in Munro Township?
The median household income in Munro Township is $66,452 (±$2,049) a year (2020–2024 American Community Survey).
Have incomes in Munro Township kept up with inflation?
In Munro Township, the median household income went from $58,438 in 2015–2019 to $66,452 in 2020–2024 (+13.7%).
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 Munro Township?
The median renting household in Munro Township, MI earns $52,500 (±$42,692) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Munro township, Cheboygan County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Munro township, Cheboygan County, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Munro township, Cheboygan County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Munro township, Cheboygan County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Munro township, Cheboygan County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Munro township, Cheboygan 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 Munro township, Cheboygan County, Michigan (county subdivision:56280, in state:26 county:031).
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 Munro Township at a glance
- Home values in Munro Township
- Homeowner costs in Munro Township
- Property taxes in Munro Township
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- How long people stay in Munro Township
- Michigan landlord and tenant rules
- Housing across Cheboygan County
- Michigan places ranked by median household income
- Housing data for every place in Michigan