What is the median household income in Overisel Township, MI?
The median household income in Overisel Township, MI is $101,331 (±$6,077) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,284 a month would take about $51,400 a year at the common guideline of spending no more than 30% of income on rent.
In Overisel Township, the median household income went from $69,564 in 2015–2019 to $101,331 in 2020–2024 (+45.7%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median household income
- $101,331 (±$6,077)
- Income to afford median rent
- about $51,400
Income in Overisel Township against Allegan County, its state and the nation
| Overisel Township | Allegan County | Michigan | United States | |
|---|---|---|---|---|
| Median household income | $101,331 (±$6,077) | $83,283 (±$2,480) | $72,875 (±$293) | $80,734 |
| Median renter household income | — | $42,221 (±$4,567) | $42,352 (±$376) | $52,966 |
| Median owner household income | $101,492 (±$6,186) | $88,473 (±$2,527) | $87,130 (±$344) | $100,009 |
| Median gross rent | $1,284 (±$219) | $1,100 (±$40) | $1,129 (±$4) | $1,413 |
In Overisel Township, median household income is higher than in Allegan County ($83,283).
It is also higher than in Michigan ($72,875).
It is higher than the national figure ($80,734).
In Allegan County, Overisel Township ranks 4 of 31 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 146 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 Overisel 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 $1,284 a month ($15,408 a year) needs an income of about $51,400 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 | $69,564 (±$9,576) | $101,331 (±$6,077) | +45.7% | Up after inflation |
| Median gross rent | $876 (±$177) | $1,284 (±$219) | +46.6% | No measurable change after inflation |
| Median home value | $217,100 (±$14,027) | $344,300 (±$35,185) | +58.6% | 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 Overisel Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Overisel Township | — | $101,331 (±$6,077) | — |
| Salem Township (Allegan County) | 5.2 mi | $89,034 (±$20,232) | Not measurably different |
| Heath Township | 5.7 mi | $105,491 (±$14,923) | Not measurably different |
| Fillmore Township | 5.9 mi | $90,142 (±$15,827) | Not measurably different |
| Zeeland Charter Township | 6.0 mi | $113,750 (±$14,035) | Not measurably different |
| Zeeland | 6.8 mi | $52,628 (±$17,296) | Lower |
| Holland | 7.9 mi | $75,865 (±$6,025) | Lower |
| Jamestown Charter Township | 8.1 mi | $119,676 (±$16,605) | Higher |
| Manlius Township | 8.9 mi | $88,646 (±$11,219) | Not measurably different |
Nearby places with a measurably lower figure: Zeeland, MI ($52,628), Holland, MI ($75,865).
Nearby places with a measurably higher figure: Jamestown Charter Township, MI ($119,676).
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 |
|---|---|---|
| 1 | Saugatuck | $121,178 (±$11,550) |
| 2 | Heath Township | $105,491 (±$14,923) |
| 3 | Leighton Township | $103,888 (±$15,977) |
| 4 | Overisel Township | $101,331 (±$6,077) |
| 5 | Dorr Township | $97,542 (±$16,266) |
| 6 | Saugatuck Township | $93,618 (±$20,041) |
| 7 | Laketown Township | $91,989 (±$15,631) |
| 8 | Wayland Township | $91,383 (±$18,180) |
| 9 | Monterey Township | $91,207 (±$23,582) |
| 10 | Fillmore Township | $90,142 (±$15,827) |
Showing 10 of 31 places in Allegan 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.
What you can do on Seayora in Overisel Township
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Questions about Overisel Township
What is the median household income in Overisel Township?
The median household income in Overisel Township is $101,331 (±$6,077) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Overisel Township?
About $51,400 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,284 a month.
Have incomes in Overisel Township kept up with inflation?
In Overisel Township, the median household income went from $69,564 in 2015–2019 to $101,331 in 2020–2024 (+45.7%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Overisel township, Allegan County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Overisel township, Allegan County, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Overisel township, Allegan County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Overisel township, Allegan County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Overisel township, Allegan County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Overisel 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 Overisel township, Allegan County, Michigan (county subdivision:61820, 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 Overisel Township at a glance
- Home values in Overisel Township
- Homeowner costs in Overisel Township
- Property taxes in Overisel Township
- Types of homes in Overisel Township
- Bedrooms in Overisel Township
- Age of homes in Overisel Township
- Heating fuel in Overisel Township
- Commute and cars in Overisel Township
- Population growth in Overisel Township
- How long people stay in Overisel Township
- Michigan landlord and tenant rules
- Housing across Allegan County
- Michigan places ranked by median household income
- Housing data for every place in Michigan