What is the median household income in Stony Point, MI?
The median household income in Stony Point, MI is $53,872 (±$19,395) a year (2020–2024 American Community Survey).
Paying the median gross rent of $985 a month would take about $39,400 a year at the common guideline of spending no more than 30% of income on rent.
In Stony Point, the median household income went from $73,750 in 2015–2019 to $53,872 in 2020–2024 (−27.0%).
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
- $53,872 (±$19,395)
- Median renter income
- $67,500 (±$18,776)
- Income to afford median rent
- about $39,400
Income in Stony Point against Monroe County, its state and the nation
| Stony Point | Monroe County | Michigan | United States | |
|---|---|---|---|---|
| Median household income | $53,872 (±$19,395) | $77,335 (±$2,293) | $72,875 (±$293) | $80,734 |
| Median renter household income | $67,500 (±$18,776) | $40,700 (±$3,649) | $42,352 (±$376) | $52,966 |
| Median owner household income | $45,898 (±$10,584) | $87,500 (±$3,357) | $87,130 (±$344) | $100,009 |
| Median gross rent | $985 (±$91) | $1,059 (±$43) | $1,129 (±$4) | $1,413 |
In Stony Point, median household income is lower than in Monroe County ($77,335).
It is not measurably different from Michigan ($72,875).
It is lower than the national figure ($80,734).
In Monroe County, Stony Point ranks 7 of 8 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 62 of 79.
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 Stony Point
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 $985 a month ($11,820 a year) needs an income of about $39,400 a year.
The median renting household in Stony Point earns $67,500 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 | $73,750 (±$32,687) | $53,872 (±$19,395) | −27.0% | No measurable change after inflation |
| Median gross rent | $1,171 (±$485) | $985 (±$91) | −15.9% | No measurable change after inflation |
| Median home value | $121,000 (±$31,152) | $215,900 (±$48,787) | +78.4% | 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 Stony Point
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Stony Point | — | $53,872 (±$19,395) | — |
| Woodland Beach | 2.3 mi | $73,750 (±$10,615) | Not measurably different |
| Detroit Beach | 3.2 mi | $76,524 (±$9,544) | Higher |
| Estral Beach | 3.2 mi | $67,083 (±$15,442) | Not measurably different |
| Berlin Charter Township | 5.7 mi | $85,077 (±$11,591) | Higher |
| Monroe | 6.2 mi | $59,813 (±$6,538) | Not measurably different |
| South Rockwood | 7.9 mi | $78,203 (±$13,436) | Higher |
| South Monroe | 8.5 mi | $61,982 (±$9,640) | Not measurably different |
| West Monroe | 8.6 mi | $48,317 (±$8,141) | Not measurably different |
Nearby places with a measurably higher figure: Detroit Beach, MI ($76,524), Berlin Charter Township, MI ($85,077), South Rockwood, MI ($78,203).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Monroe County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Ida | $125,979 (±$15,734) |
| 2 | Lambertville | $102,521 (±$11,216) |
| 3 | Temperance | $81,503 (±$15,239) |
| 4 | Detroit Beach | $76,524 (±$9,544) |
| 5 | Woodland Beach | $73,750 (±$10,615) |
| 6 | South Monroe | $61,982 (±$9,640) |
| 7 | Stony Point | $53,872 (±$19,395) |
| 8 | West Monroe | $48,317 (±$8,141) |
Stony Point is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Frenchtown Township, whose figures include it.
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 Stony Point
What is the median household income in Stony Point?
The median household income in Stony Point is $53,872 (±$19,395) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Stony Point?
About $39,400 a year, if rent is to stay at or below 30% of income at the median gross rent of $985 a month.
Have incomes in Stony Point kept up with inflation?
In Stony Point, the median household income went from $73,750 in 2015–2019 to $53,872 in 2020–2024 (−27.0%).
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 Stony Point?
The median renting household in Stony Point, MI earns $67,500 (±$18,776) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Stony Point CDP, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Stony Point CDP, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Stony Point CDP, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Stony Point CDP, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Stony Point CDP, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Stony Point CDP, 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 Stony Point CDP, Michigan (place:76720, in state:26).
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 Stony Point at a glance
- Median rent in Stony Point
- Home values in Stony Point
- Homeowner costs in Stony Point
- Property taxes in Stony Point
- Types of homes in Stony Point
- Bedrooms in Stony Point
- Age of homes in Stony Point
- Heating fuel in Stony Point
- Commute and cars in Stony Point
- Population growth in Stony Point
- Michigan landlord and tenant rules
- Housing across Monroe County
- Michigan places ranked by median household income
- Housing data for every place in Michigan