What is the median household income in Peaine Township, MI?
The median household income in Peaine Township, MI is $84,688 (±$15,424) a year (2020–2024 American Community Survey).
In Peaine Township, the median household income went from $62,083 in 2015–2019 to $84,688 in 2020–2024 (+36.4%).
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
- $84,688 (±$15,424)
Income in Peaine Township against Charlevoix County, its state and the nation
| Peaine Township | Charlevoix County | Michigan | United States | |
|---|---|---|---|---|
| Median household income | $84,688 (±$15,424) | $76,531 (±$3,028) | $72,875 (±$293) | $80,734 |
| Median renter household income | — | $41,292 (±$4,900) | $42,352 (±$376) | $52,966 |
| Median owner household income | $85,556 (±$12,959) | $86,478 (±$2,977) | $87,130 (±$344) | $100,009 |
| Median gross rent | — | $949 (±$55) | $1,129 (±$4) | $1,413 |
In Peaine Township, median household income is not measurably different from Charlevoix County ($76,531).
It is not measurably different from Michigan ($72,875).
It is not measurably different from the national figure ($80,734).
In Charlevoix County, Peaine Township ranks 5 of 18 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 347 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 | $62,083 (±$11,526) | $84,688 (±$15,424) | +36.4% | No measurable change after inflation |
| Median home value | $262,500 (±$28,030) | $391,200 (±$59,363) | +49.0% | 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 Peaine Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Peaine Township | — | $84,688 (±$15,424) | — |
| St. James Township | 14 mi | $63,333 (±$14,819) | Not measurably different |
| Readmond Township | 25 mi | $75,313 (±$22,645) | Not measurably different |
| Charlevoix Township | 25 mi | $80,781 (±$14,900) | Not measurably different |
| Charlevoix | 25 mi | $47,917 (±$11,966) | Lower |
| Friendship Township | 25 mi | $90,833 (±$11,470) | Not measurably different |
| Norwood Township | 26 mi | $84,375 (±$17,481) | Not measurably different |
| West Traverse Township | 27 mi | $93,929 (±$13,726) | Not measurably different |
| Hayes Township (Charlevoix County) | 28 mi | $82,083 (±$14,569) | Not measurably different |
Nearby places with a measurably lower figure: Charlevoix, MI ($47,917).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Charlevoix County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Eveline Township | $101,964 (±$12,137) |
| 2 | Marion Township (Charlevoix County) | $99,417 (±$12,761) |
| 3 | Melrose Township | $97,059 (±$10,541) |
| 4 | Wilson Township (Charlevoix County) | $94,844 (±$21,519) |
| 5 | Peaine Township | $84,688 (±$15,424) |
| 6 | Norwood Township | $84,375 (±$17,481) |
| 7 | South Arm Township | $84,107 (±$4,836) |
| 8 | Hayes Township (Charlevoix County) | $82,083 (±$14,569) |
| 9 | Bay Township | $80,833 (±$9,968) |
| 10 | Charlevoix Township | $80,781 (±$14,900) |
| 11 | Evangeline Township | $77,938 (±$6,546) |
Showing 11 of 18 places in Charlevoix 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 Peaine Township
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Peaine Township beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Peaine Township, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Peaine Township, and send estimates and invoices from your phone.
Questions about Peaine Township
What is the median household income in Peaine Township?
The median household income in Peaine Township is $84,688 (±$15,424) a year (2020–2024 American Community Survey).
Have incomes in Peaine Township kept up with inflation?
In Peaine Township, the median household income went from $62,083 in 2015–2019 to $84,688 in 2020–2024 (+36.4%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Peaine township, Charlevoix County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Peaine township, Charlevoix County, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Peaine township, Charlevoix County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Peaine township, Charlevoix County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Peaine township, Charlevoix County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Peaine township, Charlevoix 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 Peaine township, Charlevoix County, Michigan (county subdivision:63140, in state:26 county:029).
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 Peaine Township at a glance
- Home values in Peaine Township
- Homeowner costs in Peaine Township
- Property taxes in Peaine Township
- Types of homes in Peaine Township
- Bedrooms in Peaine Township
- Age of homes in Peaine Township
- Heating fuel in Peaine Township
- How long people stay in Peaine Township
- Fair Market Rent in Peaine Township
- Michigan landlord and tenant rules
- Housing across Charlevoix County
- Michigan places ranked by median household income
- Housing data for every place in Michigan