What is the median household income in Thomas Township, MI?
The median household income in Thomas Township, MI is $79,710 (±$8,367) a year (2020–2024 American Community Survey).
Paying the median gross rent of $934 a month would take about $37,400 a year at the common guideline of spending no more than 30% of income on rent.
In Thomas Township, the median household income went from $65,758 in 2015–2019 to $79,710 in 2020–2024 (+21.2%).
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
- $79,710 (±$8,367)
- Income to afford median rent
- about $37,400
Income in Thomas Township against Saginaw County, its state and the nation
| Thomas Township | Saginaw County | Michigan | United States | |
|---|---|---|---|---|
| Median household income | $79,710 (±$8,367) | $60,622 (±$1,588) | $72,875 (±$293) | $80,734 |
| Median renter household income | — | $31,977 (±$2,925) | $42,352 (±$376) | $52,966 |
| Median owner household income | $84,078 (±$4,622) | $72,039 (±$2,087) | $87,130 (±$344) | $100,009 |
| Median gross rent | $934 (±$85) | $947 (±$19) | $1,129 (±$4) | $1,413 |
In Thomas Township, median household income is higher than in Saginaw County ($60,622).
It is not measurably different from Michigan ($72,875).
It is not measurably different from the national figure ($80,734).
In Saginaw County, Thomas Township ranks 9 of 29 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 467 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 Thomas 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 $934 a month ($11,208 a year) needs an income of about $37,400 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 | $65,758 (±$4,937) | $79,710 (±$8,367) | +21.2% | No measurable change after inflation |
| Median gross rent | $723 (±$51) | $934 (±$85) | +29.2% | No measurable change after inflation |
| Median home value | $145,700 (±$10,212) | $191,900 (±$20,982) | +31.7% | 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 Thomas Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Thomas Township | — | $79,710 (±$8,367) | — |
| Saginaw Charter Township | 4.8 mi | $67,603 (±$3,266) | Lower |
| Freeland | 5.5 mi | $110,547 (±$17,187) | Higher |
| Tittabawassee Township | 5.8 mi | $107,146 (±$13,452) | Higher |
| James Township | 5.9 mi | $70,000 (±$8,789) | Not measurably different |
| Richland Township (Saginaw County) | 6.2 mi | $84,000 (±$31,997) | Not measurably different |
| Swan Creek Township | 6.2 mi | $72,895 (±$4,990) | Not measurably different |
| Hemlock | 6.3 mi | $102,188 (±$32,703) | Not measurably different |
| Kochville Township | 8.1 mi | $42,333 (±$12,532) | Lower |
Nearby places with a measurably lower figure: Saginaw Charter Township, MI ($67,603), Kochville Township, MI ($42,333).
Nearby places with a measurably higher figure: Freeland, MI ($110,547), Tittabawassee Township, MI ($107,146).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Saginaw County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 3 | Frankenmuth Township | $102,188 (±$17,678) |
| 4 | Blumfield Township | $86,979 (±$13,953) |
| 5 | Frankenmuth | $85,433 (±$16,843) |
| 6 | Richland Township (Saginaw County) | $84,000 (±$31,997) |
| 7 | Birch Run Township | $82,375 (±$19,928) |
| 8 | Taymouth Township | $81,667 (±$8,738) |
| 9 | Thomas Township | $79,710 (±$8,367) |
| 10 | Maple Grove Township (Saginaw County) | $77,917 (±$4,982) |
| 11 | Brant Township | $75,069 (±$9,105) |
| 12 | Swan Creek Township | $72,895 (±$4,990) |
| 13 | Lakefield Township (Saginaw County) | $71,944 (±$9,356) |
| 14 | James Township | $70,000 (±$8,789) |
| 15 | Saginaw Charter Township | $67,603 (±$3,266) |
Showing 13 of 29 places in Saginaw County, ranked from highest to lowest.
The figures for Thomas Township include the places inside it that have pages of their own: Shields.
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 Thomas Township
What is the median household income in Thomas Township?
The median household income in Thomas Township is $79,710 (±$8,367) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Thomas Township?
About $37,400 a year, if rent is to stay at or below 30% of income at the median gross rent of $934 a month.
Have incomes in Thomas Township kept up with inflation?
In Thomas Township, the median household income went from $65,758 in 2015–2019 to $79,710 in 2020–2024 (+21.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Thomas township, Saginaw County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Thomas township, Saginaw County, Michigan
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Thomas township, Saginaw County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Thomas township, Saginaw County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Thomas township, Saginaw County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Thomas township, Saginaw 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 Thomas township, Saginaw County, Michigan (county subdivision:79520, in state:26 county:145).
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 Thomas Township at a glance
- Median rent in Thomas Township
- Rent by bedrooms in Thomas Township
- Rent burden in Thomas Township
- Renters and owners in Thomas Township
- Home values in Thomas Township
- Homeowner costs in Thomas Township
- Property taxes in Thomas Township
- Types of homes in Thomas Township
- Bedrooms in Thomas Township
- Age of homes in Thomas Township
- Heating fuel in Thomas Township
- Commute and cars in Thomas Township
- Crime reported to police in Thomas Township
- Population growth in Thomas Township
- How long people stay in Thomas Township
- Crowding and facilities in Thomas Township
- Michigan landlord and tenant rules
- Housing across Saginaw County
- Michigan places ranked by median household income
- Housing data for every place in Michigan