What is the median household income in Reynolds Township, MI?
The median household income in Reynolds Township, MI is $72,857 (±$14,580) a year (2020–2024 American Community Survey).
Paying the median gross rent of $772 a month would take about $30,900 a year at the common guideline of spending no more than 30% of income on rent.
In Reynolds Township, the median household income went from $52,469 in 2015–2019 to $72,857 in 2020–2024 (+38.9%).
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
- $72,857 (±$14,580)
- Median renter income
- $33,523 (±$31,273)
- Income to afford median rent
- about $30,900
Income in Reynolds Township against Montcalm County, its state and the nation
| Reynolds Township | Montcalm County | Michigan | United States | |
|---|---|---|---|---|
| Median household income | $72,857 (±$14,580) | $67,344 (±$2,180) | $72,875 (±$293) | $80,734 |
| Median renter household income | $33,523 (±$31,273) | $35,966 (±$4,514) | $42,352 (±$376) | $52,966 |
| Median owner household income | $78,092 (±$18,175) | $73,665 (±$2,023) | $87,130 (±$344) | $100,009 |
| Median gross rent | $772 (±$195) | $869 (±$25) | $1,129 (±$4) | $1,413 |
In Reynolds Township, median household income is not measurably different from Montcalm County ($67,344).
It is not measurably different from Michigan ($72,875).
It is not measurably different from the national figure ($80,734).
In Montcalm County, Reynolds Township ranks 7 of 23 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 650 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 Reynolds 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 $772 a month ($9,264 a year) needs an income of about $30,900 a year.
The median renting household in Reynolds Township earns $33,523 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 | $52,469 (±$11,183) | $72,857 (±$14,580) | +38.9% | No measurable change after inflation |
| Median gross rent | $775 (±$58) | $772 (±$195) | −0.4% | No measurable change after inflation |
| Median home value | $105,900 (±$18,821) | $181,200 (±$29,372) | +71.1% | 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 Reynolds Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Reynolds Township | — | $72,857 (±$14,580) | — |
| Pierson Township | 4.9 mi | $86,450 (±$13,333) | Not measurably different |
| Croton Township | 5.3 mi | $76,765 (±$15,489) | Not measurably different |
| Morley | 6.3 mi | $41,750 (±$15,785) | Lower |
| Aetna Township (Mecosta County) | 6.8 mi | $62,813 (±$12,871) | Not measurably different |
| Pierson | 7.2 mi | $41,875 (±$19,190) | Lower |
| Winfield Township | 7.7 mi | $74,189 (±$9,609) | Not measurably different |
| Big Prairie Township | 8.1 mi | $53,289 (±$5,880) | Lower |
| Ensley Township | 8.2 mi | $75,954 (±$13,431) | Not measurably different |
Nearby places with a measurably lower figure: Morley, MI ($41,750), Pierson, MI ($41,875), Big Prairie Township, MI ($53,289).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Montcalm County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Pierson Township | $86,450 (±$13,333) |
| 2 | Bloomer Township | $86,313 (±$3,690) |
| 3 | Maple Valley Township (Montcalm County) | $84,219 (±$18,300) |
| 4 | Pine Township | $82,966 (±$3,992) |
| 5 | Eureka Township | $77,266 (±$16,475) |
| 6 | Winfield Township | $74,189 (±$9,609) |
| 7 | Reynolds Township | $72,857 (±$14,580) |
| 8 | Montcalm Township | $71,293 (±$15,112) |
| 9 | Cato Township | $67,500 (±$12,761) |
| 10 | Douglass Township | $66,806 (±$17,863) |
| 11 | Bushnell Township | $65,500 (±$9,843) |
| 12 | Greenville | $63,285 (±$15,220) |
| 13 | Day Township | $60,278 (±$5,226) |
Showing 13 of 23 places in Montcalm County, ranked from highest to lowest.
The figures for Reynolds Township include the places inside it that have pages of their own: Howard City.
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 Reynolds Township
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Questions about Reynolds Township
What is the median household income in Reynolds Township?
The median household income in Reynolds Township is $72,857 (±$14,580) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Reynolds Township?
About $30,900 a year, if rent is to stay at or below 30% of income at the median gross rent of $772 a month.
Have incomes in Reynolds Township kept up with inflation?
In Reynolds Township, the median household income went from $52,469 in 2015–2019 to $72,857 in 2020–2024 (+38.9%).
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 Reynolds Township?
The median renting household in Reynolds Township, MI earns $33,523 (±$31,273) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Reynolds township, Montcalm County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Reynolds township, Montcalm County, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Reynolds township, Montcalm County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Reynolds township, Montcalm County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Reynolds township, Montcalm County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Reynolds township, Montcalm 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 Reynolds township, Montcalm County, Michigan (county subdivision:68120, in state:26 county:117).
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 Reynolds Township at a glance
- Median rent in Reynolds Township
- Rent by bedrooms in Reynolds Township
- Renters and owners in Reynolds Township
- Home values in Reynolds Township
- Homeowner costs in Reynolds Township
- Property taxes in Reynolds Township
- Types of homes in Reynolds Township
- Bedrooms in Reynolds Township
- Age of homes in Reynolds Township
- Heating fuel in Reynolds Township
- Commute and cars in Reynolds Township
- Population growth in Reynolds Township
- How long people stay in Reynolds Township
- Crowding and facilities in Reynolds Township
- Michigan landlord and tenant rules
- Housing across Montcalm County
- Michigan places ranked by median household income
- Housing data for every place in Michigan