What is the median household income in Sylvan Township (Osceola County), MI?
The median household income in Sylvan Township (Osceola County), MI is $43,583 (±$5,435) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,067 a month would take about $42,700 a year at the common guideline of spending no more than 30% of income on rent.
In Sylvan Township (Osceola County), the median household income went from $53,438 in 2015–2019 to $43,583 in 2020–2024 (−18.4%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- Median household income
- $43,583 (±$5,435)
- Income to afford median rent
- about $42,700
Income in Sylvan Township (Osceola County) against Osceola County, its state and the nation
| Sylvan Township (Osceola County) | Osceola County | Michigan | United States | |
|---|---|---|---|---|
| Median household income | $43,583 (±$5,435) | $58,267 (±$1,942) | $72,875 (±$293) | $80,734 |
| Median renter household income | — | $32,349 (±$4,791) | $42,352 (±$376) | $52,966 |
| Median owner household income | $43,833 (±$6,925) | $63,400 (±$3,367) | $87,130 (±$344) | $100,009 |
| Median gross rent | $1,067 (±$109) | $807 (±$46) | $1,129 (±$4) | $1,413 |
In Sylvan Township (Osceola County), median household income is lower than in Osceola County ($58,267).
It is also lower than in Michigan ($72,875).
It is lower than the national figure ($80,734).
In Osceola County, Sylvan Township (Osceola County) ranks 16 of 18 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1454 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 Sylvan Township (Osceola 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 $1,067 a month ($12,804 a year) needs an income of about $42,700 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 | $53,438 (±$7,225) | $43,583 (±$5,435) | −18.4% | Down after inflation |
| Median gross rent | $710 (±$373) | $1,067 (±$109) | +50.3% | No measurable change after inflation |
| Median home value | $88,800 (±$17,921) | $119,000 (±$13,788) | +34.0% | 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 Sylvan Township (Osceola County)
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Sylvan Township (Osceola County) | — | $43,583 (±$5,435) | — |
| Orient Township | 4.6 mi | $72,596 (±$12,206) | Higher |
| Freeman Township | 5.2 mi | $54,063 (±$7,060) | Higher |
| Osceola Township (Osceola County) | 6.1 mi | $53,869 (±$7,730) | Higher |
| Middle Branch Township | 6.3 mi | $50,648 (±$7,057) | Not measurably different |
| Garfield Township (Clare County) | 6.9 mi | $68,556 (±$3,076) | Higher |
| Evart | 7.2 mi | $34,318 (±$16,643) | Not measurably different |
| Hartwick Township | 8.3 mi | $67,143 (±$4,962) | Higher |
| Redding Township | 8.4 mi | $37,500 (±$13,548) | Not measurably different |
Nearby places with a measurably higher figure: Orient Township, MI ($72,596), Freeman Township, MI ($54,063), Osceola Township (Osceola County), MI ($53,869).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Osceola County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 10 | Hersey Township | $61,538 (±$8,753) |
| 11 | Sherman Township (Osceola County) | $58,571 (±$16,432) |
| 12 | Osceola Township (Osceola County) | $53,869 (±$7,730) |
| 13 | Reed City | $52,304 (±$3,550) |
| 14 | Middle Branch Township | $50,648 (±$7,057) |
| 15 | Evart Township | $48,409 (±$10,918) |
| 16 | Sylvan Township (Osceola County) | $43,583 (±$5,435) |
| 17 | Marion Township (Osceola County) | $43,547 (±$3,175) |
| 18 | Evart | $34,318 (±$16,643) |
Showing 9 of 18 places in Osceola 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 Sylvan Township (Osceola County)
What is the median household income in Sylvan Township (Osceola County)?
The median household income in Sylvan Township (Osceola County) is $43,583 (±$5,435) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Sylvan Township (Osceola County)?
About $42,700 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,067 a month.
Have incomes in Sylvan Township (Osceola County) kept up with inflation?
In Sylvan Township (Osceola County), the median household income went from $53,438 in 2015–2019 to $43,583 in 2020–2024 (−18.4%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Sylvan township, Osceola County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Sylvan township, Osceola County, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Sylvan township, Osceola County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Sylvan township, Osceola County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Sylvan township, Osceola County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Sylvan township, Osceola 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 Sylvan township, Osceola County, Michigan (county subdivision:77760, in state:26 county:133).
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
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- Population growth in Sylvan Township (Osceola County)
- How long people stay in Sylvan Township (Osceola County)
- Michigan landlord and tenant rules
- Housing across Osceola County
- Michigan places ranked by median household income
- Housing data for every place in Michigan