What is the median household income in Pennfield Charter Township, MI?
The median household income in Pennfield Charter Township, MI is $66,119 (±$7,520) a year (2020–2024 American Community Survey).
Paying the median gross rent of $992 a month would take about $39,700 a year at the common guideline of spending no more than 30% of income on rent.
In Pennfield Charter Township, the median household income went from $54,879 in 2015–2019 to $66,119 in 2020–2024 (+20.5%).
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
- $66,119 (±$7,520)
- Median renter income
- $32,441 (±$8,302)
- Income to afford median rent
- about $39,700
Income in Pennfield Charter Township against Calhoun County, its state and the nation
| Pennfield Charter Township | Calhoun County | Michigan | United States | |
|---|---|---|---|---|
| Median household income | $66,119 (±$7,520) | $63,177 (±$2,107) | $72,875 (±$293) | $80,734 |
| Median renter household income | $32,441 (±$8,302) | $37,537 (±$2,687) | $42,352 (±$376) | $52,966 |
| Median owner household income | $80,833 (±$7,852) | $75,078 (±$2,485) | $87,130 (±$344) | $100,009 |
| Median gross rent | $992 (±$63) | $968 (±$26) | $1,129 (±$4) | $1,413 |
In Pennfield Charter Township, median household income is not measurably different from Calhoun County ($63,177).
It is not measurably different from Michigan ($72,875).
It is lower than the national figure ($80,734).
In Calhoun County, Pennfield Charter Township ranks 17 of 23 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 859 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 Pennfield Charter 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 $992 a month ($11,904 a year) needs an income of about $39,700 a year.
The median renting household in Pennfield Charter Township earns $32,441 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 | $54,879 (±$3,539) | $66,119 (±$7,520) | +20.5% | No measurable change after inflation |
| Median gross rent | $785 (±$47) | $992 (±$63) | +26.4% | No measurable change after inflation |
| Median home value | $124,800 (±$9,485) | $166,500 (±$9,313) | +33.4% | 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 Pennfield Charter Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Pennfield Charter Township | — | $66,119 (±$7,520) | — |
| Brownlee Park | 3.8 mi | $31,969 (±$5,461) | Lower |
| Convis Township | 5.9 mi | $70,707 (±$8,499) | Not measurably different |
| Assyria Township | 6.0 mi | $78,050 (±$13,147) | Not measurably different |
| Bedford Charter Township | 6.4 mi | $67,695 (±$9,616) | Not measurably different |
| Bellevue | 6.5 mi | $63,750 (±$4,468) | Not measurably different |
| Emmett Charter Township | 6.9 mi | $79,207 (±$7,718) | Higher |
| Springfield | 7.4 mi | $44,808 (±$9,093) | Lower |
| Bellevue Township | 7.8 mi | $83,636 (±$6,243) | Higher |
Nearby places with a measurably lower figure: Brownlee Park, MI ($31,969), Springfield, MI ($44,808).
Nearby places with a measurably higher figure: Emmett Charter Township, MI ($79,207), Bellevue Township, MI ($83,636).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Calhoun County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 11 | Newton Township (Calhoun County) | $74,453 (±$20,046) |
| 12 | Burlington Township (Calhoun County) | $74,167 (±$9,624) |
| 13 | Convis Township | $70,707 (±$8,499) |
| 14 | Tekonsha Township | $69,375 (±$17,491) |
| 15 | Bedford Charter Township | $67,695 (±$9,616) |
| 16 | Clarence Township | $66,955 (±$8,347) |
| 17 | Pennfield Charter Township | $66,119 (±$7,520) |
| 18 | Athens Township | $62,841 (±$11,431) |
| 19 | Sheridan Township (Calhoun County) | $60,458 (±$2,474) |
| 20 | Battle Creek | $55,693 (±$4,942) |
| 21 | Homer Township (Calhoun County) | $54,519 (±$7,838) |
| 22 | Springfield | $44,808 (±$9,093) |
| 23 | Albion | $39,885 (±$3,411) |
Showing 13 of 23 places in Calhoun 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 Pennfield Charter 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 Pennfield Charter Township beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Pennfield Charter 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 Pennfield Charter Township, and send estimates and invoices from your phone.
Questions about Pennfield Charter Township
What is the median household income in Pennfield Charter Township?
The median household income in Pennfield Charter Township is $66,119 (±$7,520) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Pennfield Charter Township?
About $39,700 a year, if rent is to stay at or below 30% of income at the median gross rent of $992 a month.
Have incomes in Pennfield Charter Township kept up with inflation?
In Pennfield Charter Township, the median household income went from $54,879 in 2015–2019 to $66,119 in 2020–2024 (+20.5%).
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 Pennfield Charter Township?
The median renting household in Pennfield Charter Township, MI earns $32,441 (±$8,302) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Pennfield charter township, Calhoun County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Pennfield charter township, Calhoun County, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Pennfield charter township, Calhoun County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Pennfield charter township, Calhoun County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Pennfield charter township, Calhoun County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Pennfield charter township, Calhoun 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 Pennfield charter township, Calhoun County, Michigan (county subdivision:63440, in state:26 county:025).
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 Pennfield Charter Township at a glance
- Median rent in Pennfield Charter Township
- Rent by bedrooms in Pennfield Charter Township
- Rent burden in Pennfield Charter Township
- Renters and owners in Pennfield Charter Township
- Home values in Pennfield Charter Township
- Homeowner costs in Pennfield Charter Township
- Property taxes in Pennfield Charter Township
- Types of homes in Pennfield Charter Township
- Bedrooms in Pennfield Charter Township
- Age of homes in Pennfield Charter Township
- Heating fuel in Pennfield Charter Township
- Commute and cars in Pennfield Charter Township
- Population growth in Pennfield Charter Township
- How long people stay in Pennfield Charter Township
- Crowding and facilities in Pennfield Charter Township
- Michigan landlord and tenant rules
- Housing across Calhoun County
- Michigan places ranked by median household income
- Housing data for every place in Michigan