What is the median household income in Portage Charter Township, MI?
The median household income in Portage Charter Township, MI is $66,652 (±$14,101) a year (2020–2024 American Community Survey).
Paying the median gross rent of $778 a month would take about $31,100 a year at the common guideline of spending no more than 30% of income on rent.
In Portage Charter Township, the median household income went from $62,500 in 2015–2019 to $66,652 in 2020–2024 (+6.6%).
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
- $66,652 (±$14,101)
- Median renter income
- $35,019 (±$3,057)
- Income to afford median rent
- about $31,100
Income in Portage Charter Township against Houghton County, its state and the nation
| Portage Charter Township | Houghton County | Michigan | United States | |
|---|---|---|---|---|
| Median household income | $66,652 (±$14,101) | $58,899 (±$3,371) | $72,875 (±$293) | $80,734 |
| Median renter household income | $35,019 (±$3,057) | $32,103 (±$3,944) | $42,352 (±$376) | $52,966 |
| Median owner household income | $83,361 (±$4,927) | $77,761 (±$3,131) | $87,130 (±$344) | $100,009 |
| Median gross rent | $778 (±$481) | $840 (±$73) | $1,129 (±$4) | $1,413 |
In Portage Charter Township, median household income is not measurably different from Houghton County ($58,899).
It is not measurably different from Michigan ($72,875).
It is not measurably different from the national figure ($80,734).
In Houghton County, Portage Charter Township ranks 8 of 16 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 848 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 Portage 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 $778 a month ($9,336 a year) needs an income of about $31,100 a year.
The median renting household in Portage Charter Township earns $35,019 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 | $62,500 (±$9,084) | $66,652 (±$14,101) | +6.6% | No measurable change after inflation |
| Median gross rent | $973 (±$91) | $778 (±$481) | −20.0% | No measurable change after inflation |
| Median home value | $173,800 (±$21,576) | $204,700 (±$42,971) | +17.8% | 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 Portage Charter Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Portage Charter Township | — | $66,652 (±$14,101) | — |
| Chassell Township | 4.8 mi | $75,729 (±$15,720) | Not measurably different |
| Adams Township (Houghton County) | 6.5 mi | $63,914 (±$7,352) | Not measurably different |
| South Range | 7.0 mi | $58,542 (±$12,311) | Not measurably different |
| Houghton | 10 mi | $43,456 (±$10,793) | Lower |
| Elm River Township | 11 mi | $78,929 (±$10,893) | Not measurably different |
| Hancock | 12 mi | $59,519 (±$15,467) | Not measurably different |
| Stanton Township | 12 mi | $85,800 (±$5,836) | Higher |
| Dollar Bay | 13 mi | $61,250 (±$16,564) | Not measurably different |
Nearby places with a measurably lower figure: Houghton, MI ($43,456).
Nearby places with a measurably higher figure: Stanton Township, MI ($85,800).
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 |
|---|---|---|
| 2 | Stanton Township | $85,800 (±$5,836) |
| 3 | Elm River Township | $78,929 (±$10,893) |
| 4 | Franklin Township (Houghton County) | $78,155 (±$9,202) |
| 5 | Chassell Township | $75,729 (±$15,720) |
| 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) |
Showing 13 of 16 places in Houghton 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.
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Questions about Portage Charter Township
What is the median household income in Portage Charter Township?
The median household income in Portage Charter Township is $66,652 (±$14,101) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Portage Charter Township?
About $31,100 a year, if rent is to stay at or below 30% of income at the median gross rent of $778 a month.
Have incomes in Portage Charter Township kept up with inflation?
In Portage Charter Township, the median household income went from $62,500 in 2015–2019 to $66,652 in 2020–2024 (+6.6%).
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 Portage Charter Township?
The median renting household in Portage Charter Township, MI earns $35,019 (±$3,057) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Portage charter township, Houghton County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Portage charter township, Houghton County, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Portage charter township, Houghton County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Portage charter township, Houghton County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Portage charter township, Houghton County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Portage charter 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 Portage charter township, Houghton County, Michigan (county subdivision:65540, 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 Portage Charter Township at a glance
- Renters and owners in Portage Charter Township
- Home values in Portage Charter Township
- Homeowner costs in Portage Charter Township
- Property taxes in Portage Charter Township
- Types of homes in Portage Charter Township
- Bedrooms in Portage Charter Township
- Age of homes in Portage Charter Township
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- Commute and cars in Portage Charter Township
- Population growth in Portage Charter Township
- How long people stay in Portage Charter Township
- Crowding and facilities in Portage Charter Township
- Michigan landlord and tenant rules
- Housing across Houghton County
- Michigan places ranked by median household income
- Housing data for every place in Michigan