What is the median household income in Richland Township (Montcalm County), MI?
The median household income in Richland Township (Montcalm County), MI is $50,862 (±$9,218) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,013 a month would take about $40,500 a year at the common guideline of spending no more than 30% of income on rent.
In Richland Township (Montcalm County), the median household income went from $52,783 in 2015–2019 to $50,862 in 2020–2024 (−3.6%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- Median household income
- $50,862 (±$9,218)
- Median renter income
- $17,083 (±$15,087)
- Income to afford median rent
- about $40,500
Income in Richland Township (Montcalm County) against Montcalm County, its state and the nation
| Richland Township (Montcalm County) | Montcalm County | Michigan | United States | |
|---|---|---|---|---|
| Median household income | $50,862 (±$9,218) | $67,344 (±$2,180) | $72,875 (±$293) | $80,734 |
| Median renter household income | $17,083 (±$15,087) | $35,966 (±$4,514) | $42,352 (±$376) | $52,966 |
| Median owner household income | $52,284 (±$12,741) | $73,665 (±$2,023) | $87,130 (±$344) | $100,009 |
| Median gross rent | $1,013 (±$155) | $869 (±$25) | $1,129 (±$4) | $1,413 |
In Richland Township (Montcalm County), median household income is lower than in Montcalm County ($67,344).
It is also lower than in Michigan ($72,875).
It is lower than the national figure ($80,734).
In Montcalm County, Richland Township (Montcalm County) ranks 21 of 23 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1343 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 Richland Township (Montcalm County)
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 $1,013 a month ($12,156 a year) needs an income of about $40,500 a year.
The median renting household in Richland Township (Montcalm County) earns $17,083 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 | $52,783 (±$6,340) | $50,862 (±$9,218) | −3.6% | Down after inflation |
| Median gross rent | $680 (±$124) | $1,013 (±$155) | +49.0% | No measurable change after inflation |
| Median home value | $107,400 (±$13,815) | $142,100 (±$24,683) | +32.3% | 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 Richland Township (Montcalm County)
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Richland Township (Montcalm County) | — | $50,862 (±$9,218) | — |
| Ferris Township | 5.7 mi | $58,929 (±$15,537) | Not measurably different |
| Seville Township | 6.0 mi | $76,020 (±$7,186) | Higher |
| Fremont Township (Isabella County) | 6.2 mi | $74,911 (±$19,489) | Higher |
| Home Township (Montcalm County) | 7.0 mi | $56,037 (±$10,810) | Not measurably different |
| Edmore | 7.1 mi | $54,063 (±$30,085) | Not measurably different |
| Day Township | 7.8 mi | $60,278 (±$5,226) | Not measurably different |
| Sumner Township | 7.8 mi | $57,245 (±$5,263) | Not measurably different |
| Rolland Township | 8.3 mi | $55,000 (±$14,290) | Not measurably different |
Nearby places with a measurably higher figure: Seville Township, MI ($76,020), Fremont Township (Isabella County), MI ($74,911).
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 |
|---|---|---|
| 15 | Belvidere Township | $59,891 (±$7,008) |
| 16 | Evergreen Township (Montcalm County) | $59,144 (±$8,944) |
| 17 | Ferris Township | $58,929 (±$15,537) |
| 18 | Fairplain Township | $56,406 (±$8,992) |
| 19 | Crystal Township (Montcalm County) | $56,087 (±$15,330) |
| 20 | Home Township (Montcalm County) | $56,037 (±$10,810) |
| 21 | Richland Township (Montcalm County) | $50,862 (±$9,218) |
| 22 | Stanton | $48,750 (±$19,444) |
| 23 | Carson City | $44,375 (±$15,135) |
Showing 9 of 23 places in Montcalm 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 Richland Township (Montcalm County)
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 Richland Township (Montcalm County) beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Richland Township (Montcalm County), 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 Richland Township (Montcalm County), and send estimates and invoices from your phone.
Questions about Richland Township (Montcalm County)
What is the median household income in Richland Township (Montcalm County)?
The median household income in Richland Township (Montcalm County) is $50,862 (±$9,218) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Richland Township (Montcalm County)?
About $40,500 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,013 a month.
Have incomes in Richland Township (Montcalm County) kept up with inflation?
In Richland Township (Montcalm County), the median household income went from $52,783 in 2015–2019 to $50,862 in 2020–2024 (−3.6%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
What do renters earn in Richland Township (Montcalm County)?
The median renting household in Richland Township (Montcalm County), MI earns $17,083 (±$15,087) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Richland township, Montcalm County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Richland township, Montcalm County, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Richland township, Montcalm County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Richland township, Montcalm County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Richland township, Montcalm County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Richland 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 Richland township, Montcalm County, Michigan (county subdivision:68300, 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 Richland Township (Montcalm County) at a glance
- Home values in Richland Township (Montcalm County)
- Homeowner costs in Richland Township (Montcalm County)
- Property taxes in Richland Township (Montcalm County)
- Types of homes in Richland Township (Montcalm County)
- Bedrooms in Richland Township (Montcalm County)
- Age of homes in Richland Township (Montcalm County)
- Heating fuel in Richland Township (Montcalm County)
- Commute and cars in Richland Township (Montcalm County)
- Population growth in Richland Township (Montcalm County)
- How long people stay in Richland Township (Montcalm County)
- Michigan landlord and tenant rules
- Housing across Montcalm County
- Michigan places ranked by median household income
- Housing data for every place in Michigan