What is the median household income in Speaker Township, MI?
The median household income in Speaker Township, MI is $54,074 (±$6,970) a year (2020–2024 American Community Survey).
Paying the median gross rent of $698 a month would take about $27,900 a year at the common guideline of spending no more than 30% of income on rent.
In Speaker Township, the median household income went from $51,250 in 2015–2019 to $54,074 in 2020–2024 (+5.5%).
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
- $54,074 (±$6,970)
- Median renter income
- $53,333 (±$46,215)
- Income to afford median rent
- about $27,900
Income in Speaker Township against Sanilac County, its state and the nation
| Speaker Township | Sanilac County | Michigan | United States | |
|---|---|---|---|---|
| Median household income | $54,074 (±$6,970) | $58,863 (±$1,842) | $72,875 (±$293) | $80,734 |
| Median renter household income | $53,333 (±$46,215) | $36,277 (±$2,432) | $42,352 (±$376) | $52,966 |
| Median owner household income | $54,167 (±$6,836) | $64,718 (±$2,404) | $87,130 (±$344) | $100,009 |
| Median gross rent | $698 (±$184) | $807 (±$30) | $1,129 (±$4) | $1,413 |
In Speaker Township, median household income is not measurably different from Sanilac County ($58,863).
It is also lower than in Michigan ($72,875).
It is lower than the national figure ($80,734).
In Sanilac County, Speaker Township ranks 25 of 30 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1267 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 Speaker 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 $698 a month ($8,376 a year) needs an income of about $27,900 a year.
The median renting household in Speaker Township earns $53,333 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 | $51,250 (±$5,958) | $54,074 (±$6,970) | +5.5% | No measurable change after inflation |
| Median gross rent | $772 (±$18) | $698 (±$184) | −9.6% | Down after inflation |
| Median home value | $114,400 (±$16,942) | $182,100 (±$24,746) | +59.2% | 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 Speaker Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Speaker Township | — | $54,074 (±$6,970) | — |
| Peck | 4.4 mi | $54,758 (±$5,313) | Not measurably different |
| Yale | 4.7 mi | $53,236 (±$5,181) | Not measurably different |
| Brockway Township | 5.7 mi | $81,813 (±$8,160) | Higher |
| Fremont Township (Sanilac County) | 6.0 mi | $68,009 (±$4,956) | Higher |
| Maple Valley Township (Sanilac County) | 6.1 mi | $60,938 (±$15,678) | Not measurably different |
| Elk Township (Sanilac County) | 6.1 mi | $62,266 (±$10,725) | Not measurably different |
| Greenwood Township (St. Clair County) | 8.1 mi | $82,656 (±$9,877) | Higher |
| Lynn Township | 8.5 mi | $72,500 (±$18,857) | Not measurably different |
Nearby places with a measurably higher figure: Brockway Township, MI ($81,813), Fremont Township (Sanilac County), MI ($68,009), Greenwood Township (St. Clair County), MI ($82,656).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Sanilac County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 19 | Sanilac Township | $56,835 (±$9,354) |
| 20 | Sandusky | $56,563 (±$30,981) |
| 21 | Delaware Township | $55,750 (±$10,721) |
| 22 | Croswell | $55,081 (±$2,469) |
| 23 | Greenleaf Township | $54,844 (±$11,891) |
| 24 | Argyle Township | $54,583 (±$9,608) |
| 25 | Speaker Township | $54,074 (±$6,970) |
| 26 | Flynn Township | $53,125 (±$24,427) |
| 27 | Marion Township (Sanilac County) | $52,500 (±$8,620) |
| 28 | Bridgehampton Township | $50,278 (±$12,761) |
| 29 | Moore Township | $48,750 (±$9,777) |
| 30 | Marlette | $48,571 (±$6,185) |
Showing 12 of 30 places in Sanilac County, ranked from highest to lowest.
The figures for Speaker Township include the places inside it that have pages of their own: Melvin.
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 Speaker Township
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Questions about Speaker Township
What is the median household income in Speaker Township?
The median household income in Speaker Township is $54,074 (±$6,970) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Speaker Township?
About $27,900 a year, if rent is to stay at or below 30% of income at the median gross rent of $698 a month.
Have incomes in Speaker Township kept up with inflation?
In Speaker Township, the median household income went from $51,250 in 2015–2019 to $54,074 in 2020–2024 (+5.5%).
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 Speaker Township?
The median renting household in Speaker Township, MI earns $53,333 (±$46,215) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Speaker township, Sanilac County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Speaker township, Sanilac County, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Speaker township, Sanilac County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Speaker township, Sanilac County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Speaker township, Sanilac County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Speaker township, Sanilac 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 Speaker township, Sanilac County, Michigan (county subdivision:75500, in state:26 county:151).
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 Speaker Township at a glance
- Renters and owners in Speaker Township
- Home values in Speaker Township
- Homeowner costs in Speaker Township
- Property taxes in Speaker Township
- Types of homes in Speaker Township
- Bedrooms in Speaker Township
- Age of homes in Speaker Township
- Heating fuel in Speaker Township
- Commute and cars in Speaker Township
- Population growth in Speaker Township
- How long people stay in Speaker Township
- Michigan landlord and tenant rules
- Housing across Sanilac County
- Michigan places ranked by median household income
- Housing data for every place in Michigan