What is the median household income in Osceola Township (Houghton County), MI?
The median household income in Osceola Township (Houghton County), MI is $57,120 (±$6,455) a year (2020–2024 American Community Survey).
Paying the median gross rent of $856 a month would take about $34,200 a year at the common guideline of spending no more than 30% of income on rent.
In Osceola Township (Houghton County), the median household income went from $48,050 in 2015–2019 to $57,120 in 2020–2024 (+18.9%).
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
- $57,120 (±$6,455)
- Median renter income
- $33,542 (±$21,880)
- Income to afford median rent
- about $34,200
Income in Osceola Township (Houghton County) against Houghton County, its state and the nation
| Osceola Township (Houghton County) | Houghton County | Michigan | United States | |
|---|---|---|---|---|
| Median household income | $57,120 (±$6,455) | $58,899 (±$3,371) | $72,875 (±$293) | $80,734 |
| Median renter household income | $33,542 (±$21,880) | $32,103 (±$3,944) | $42,352 (±$376) | $52,966 |
| Median owner household income | $59,286 (±$7,173) | $77,761 (±$3,131) | $87,130 (±$344) | $100,009 |
| Median gross rent | $856 (±$241) | $840 (±$73) | $1,129 (±$4) | $1,413 |
In Osceola Township (Houghton County), median household income is not measurably different from Houghton County ($58,899).
It is also lower than in Michigan ($72,875).
It is lower than the national figure ($80,734).
In Houghton County, Osceola Township (Houghton County) ranks 12 of 16 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1175 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 Osceola Township (Houghton County)
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 $856 a month ($10,272 a year) needs an income of about $34,200 a year.
The median renting household in Osceola Township (Houghton County) earns $33,542 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 | $48,050 (±$7,626) | $57,120 (±$6,455) | +18.9% | No measurable change after inflation |
| Median gross rent | $815 (±$152) | $856 (±$241) | +5.0% | No measurable change after inflation |
| Median home value | $83,600 (±$10,846) | $124,300 (±$31,167) | +48.7% | 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 Osceola Township (Houghton County)
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Osceola Township (Houghton County) | — | $57,120 (±$6,455) | — |
| Franklin Township (Houghton County) | 3.3 mi | $78,155 (±$9,202) | Higher |
| Laurium | 3.6 mi | $54,167 (±$16,424) | Not measurably different |
| Lake Linden | 3.6 mi | $43,472 (±$9,023) | Lower |
| Calumet | 4.0 mi | $26,667 (±$5,876) | Lower |
| Calumet Charter Township | 4.8 mi | $52,836 (±$6,608) | Not measurably different |
| Hancock Township | 5.3 mi | $110,875 (±$25,121) | Higher |
| Quincy Township (Houghton County) | 5.9 mi | $72,500 (±$26,750) | Not measurably different |
| Hancock | 6.7 mi | $59,519 (±$15,467) | Not measurably different |
Nearby places with a measurably lower figure: Lake Linden, MI ($43,472), Calumet, MI ($26,667).
Nearby places with a measurably higher figure: Franklin Township (Houghton County), MI ($78,155), Hancock Township, MI ($110,875).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Houghton County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 6 | Quincy Township (Houghton County) | $72,500 (±$26,750) |
| 7 | Torch Lake Township (Houghton County) | $69,938 (±$11,251) |
| 8 | Portage Charter Township | $66,652 (±$14,101) |
| 9 | Laird Township | $64,250 (±$12,973) |
| 10 | Adams Township (Houghton County) | $63,914 (±$7,352) |
| 11 | Hancock | $59,519 (±$15,467) |
| 12 | Osceola Township (Houghton County) | $57,120 (±$6,455) |
| 13 | Schoolcraft Township (Houghton County) | $55,327 (±$8,693) |
| 14 | Calumet Charter Township | $52,836 (±$6,608) |
| 15 | Duncan Township | $47,188 (±$11,928) |
| 16 | Houghton | $43,456 (±$10,793) |
Showing 11 of 16 places in Houghton County, ranked from highest to lowest.
The figures for Osceola Township (Houghton County) include the places inside it that have pages of their own: Dollar Bay.
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 Osceola Township (Houghton County)
What is the median household income in Osceola Township (Houghton County)?
The median household income in Osceola Township (Houghton County) is $57,120 (±$6,455) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Osceola Township (Houghton County)?
About $34,200 a year, if rent is to stay at or below 30% of income at the median gross rent of $856 a month.
Have incomes in Osceola Township (Houghton County) kept up with inflation?
In Osceola Township (Houghton County), the median household income went from $48,050 in 2015–2019 to $57,120 in 2020–2024 (+18.9%).
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 Osceola Township (Houghton County)?
The median renting household in Osceola Township (Houghton County), MI earns $33,542 (±$21,880) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Osceola township, Houghton County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Osceola township, Houghton County, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Osceola township, Houghton County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Osceola township, Houghton County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Osceola township, Houghton County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Osceola township, Houghton 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 Osceola township, Houghton County, Michigan (county subdivision:61260, in state:26 county:061).
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 Osceola Township (Houghton County) at a glance
- Renters and owners in Osceola Township (Houghton County)
- Home values in Osceola Township (Houghton County)
- Homeowner costs in Osceola Township (Houghton County)
- Property taxes in Osceola Township (Houghton County)
- Types of homes in Osceola Township (Houghton County)
- Bedrooms in Osceola Township (Houghton County)
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- Commute and cars in Osceola Township (Houghton County)
- Population growth in Osceola Township (Houghton County)
- How long people stay in Osceola Township (Houghton County)
- Michigan landlord and tenant rules
- Housing across Houghton County
- Michigan places ranked by median household income
- Housing data for every place in Michigan