What is the median household income in Pinora Township, MI?
The median household income in Pinora Township, MI is $63,289 (±$7,221) a year (2020–2024 American Community Survey).
Paying the median gross rent of $780 a month would take about $31,200 a year at the common guideline of spending no more than 30% of income on rent.
In Pinora Township, the median household income went from $43,625 in 2015–2019 to $63,289 in 2020–2024 (+45.1%).
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
- $63,289 (±$7,221)
- Median renter income
- $26,786 (±$19,994)
- Income to afford median rent
- about $31,200
Income in Pinora Township against Lake County, its state and the nation
| Pinora Township | Lake County | Michigan | United States | |
|---|---|---|---|---|
| Median household income | $63,289 (±$7,221) | $50,805 (±$2,404) | $72,875 (±$293) | $80,734 |
| Median renter household income | $26,786 (±$19,994) | $30,114 (±$11,641) | $42,352 (±$376) | $52,966 |
| Median owner household income | $64,605 (±$8,454) | $54,121 (±$3,691) | $87,130 (±$344) | $100,009 |
| Median gross rent | $780 (±$430) | $875 (±$90) | $1,129 (±$4) | $1,413 |
In Pinora Township, median household income is higher than in Lake County ($50,805).
It is also lower than in Michigan ($72,875).
It is lower than the national figure ($80,734).
In Lake County, Pinora Township ranks 1 of 15 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 957 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 Pinora 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 $780 a month ($9,360 a year) needs an income of about $31,200 a year.
The median renting household in Pinora Township earns $26,786 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 | $43,625 (±$5,955) | $63,289 (±$7,221) | +45.1% | No measurable change after inflation |
| Median gross rent | $713 (±$68) | $780 (±$430) | +9.4% | No measurable change after inflation |
| Median home value | $92,500 (±$11,954) | $123,900 (±$66,177) | +33.9% | 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 Pinora Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Pinora Township | — | $63,289 (±$7,221) | — |
| Lincoln Township (Osceola County) | 5.9 mi | $69,896 (±$12,209) | Not measurably different |
| Cherry Valley Township | 6.1 mi | $53,750 (±$15,695) | Not measurably different |
| Ellsworth Township | 6.2 mi | $53,333 (±$11,984) | Not measurably different |
| Chase Township | 6.4 mi | $61,563 (±$8,375) | Not measurably different |
| Reed City | 7.1 mi | $52,304 (±$3,550) | Lower |
| Luther | 7.7 mi | $54,167 (±$14,930) | Not measurably different |
| Yates Township | 8.5 mi | $30,000 (±$11,845) | Lower |
| Richmond Township (Osceola County) | 8.6 mi | $71,250 (±$13,479) | Not measurably different |
Nearby places with a measurably lower figure: Reed City, MI ($52,304), Yates Township, MI ($30,000).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Lake County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Pinora Township | $63,289 (±$7,221) |
| 2 | Chase Township | $61,563 (±$8,375) |
| 3 | Eden Township (Lake County) | $58,750 (±$15,444) |
| 4 | Elk Township (Lake County) | $56,438 (±$5,957) |
| 5 | Newkirk Township | $56,268 (±$1,064) |
| 6 | Dover Township (Lake County) | $55,714 (±$9,618) |
| 7 | Cherry Valley Township | $53,750 (±$15,695) |
Showing 7 of 15 places in Lake 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 Pinora Township
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Questions about Pinora Township
What is the median household income in Pinora Township?
The median household income in Pinora Township is $63,289 (±$7,221) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Pinora Township?
About $31,200 a year, if rent is to stay at or below 30% of income at the median gross rent of $780 a month.
Have incomes in Pinora Township kept up with inflation?
In Pinora Township, the median household income went from $43,625 in 2015–2019 to $63,289 in 2020–2024 (+45.1%).
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 Pinora Township?
The median renting household in Pinora Township, MI earns $26,786 (±$19,994) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Pinora township, Lake County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Pinora township, Lake County, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Pinora township, Lake County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Pinora township, Lake County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Pinora township, Lake County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Pinora township, Lake 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 Pinora township, Lake County, Michigan (county subdivision:64440, in state:26 county:085).
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 Pinora Township at a glance
- Homeowner costs in Pinora Township
- Property taxes in Pinora Township
- Types of homes in Pinora Township
- Bedrooms in Pinora Township
- Age of homes in Pinora Township
- Heating fuel in Pinora Township
- Commute and cars in Pinora Township
- How long people stay in Pinora Township
- Michigan landlord and tenant rules
- Housing across Lake County
- Michigan places ranked by median household income
- Housing data for every place in Michigan