What is the median household income in Thompson Township, MI?

The median household income in Thompson Township, MI is $82,031 (±$15,442) a year (2020–2024 American Community Survey).

In Thompson Township, the median household income went from $49,583 in 2015–2019 to $82,031 in 2020–2024 (+65.4%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median household income
$82,031 (±$15,442)
Median renter income
$131,205 (±$388)

Income in Thompson Township against Schoolcraft County, its state and the nation

Income, estimate (90% margin of error)
Thompson TownshipSchoolcraft CountyMichiganUnited States
Median household income$82,031 (±$15,442)$56,782 (±$4,076)$72,875 (±$293)$80,734
Median renter household income$131,205 (±$388)$29,737 (±$5,533)$42,352 (±$376)$52,966
Median owner household income$79,375 (±$18,839)$62,971 (±$5,287)$87,130 (±$344)$100,009
Median gross rent—$705 (±$85)$1,129 (±$4)$1,413

In Thompson Township, median household income is higher than in Schoolcraft County ($56,782).

It is not measurably different from Michigan ($72,875).

It is not measurably different from the national figure ($80,734).

In Schoolcraft County, Thompson Township ranks 1 of 9 places with a published estimate, from highest to lowest median household income.

Statewide, it ranks 409 of 1,517.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Income against housing costs since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median household income$49,583 (±$4,975)$82,031 (±$15,442)+65.4%Up after inflation
Median home value$165,300 (±$8,565)$230,500 (±$34,447)+39.4%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 Thompson Township

Nearest places with a published estimate, compared with Thompson Township
PlaceDistanceMedian household incomeCompared with this place
Thompson Township—$82,031 (±$15,442)—
Manistique5.0 mi$38,446 (±$5,553)Lower
Garden Township8.5 mi$51,838 (±$5,149)Lower
Inwood Township10 mi$64,922 (±$7,894)Not measurably different
Manistique Township15 mi$52,639 (±$7,750)Lower
Garden17 mi$42,917 (±$15,130)Lower
Nahma Township18 mi$54,205 (±$8,109)Lower
Hiawatha Township18 mi$79,196 (±$12,220)Not measurably different
Mueller Township20 mi$63,472 (±$10,595)Not measurably different

Nearby places with a measurably lower figure: Manistique, MI ($38,446), Garden Township, MI ($51,838), Manistique Township, MI ($52,639).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median household income across Schoolcraft County, place by place

RankPlaceMedian household income
1Thompson Township$82,031 (±$15,442)
2Hiawatha Township$79,196 (±$12,220)
3Inwood Township$64,922 (±$7,894)
4Mueller Township$63,472 (±$10,595)
5Doyle Township$62,632 (±$7,866)
6Germfask Township$57,500 (±$57,032)
7Seney Township$53,882 (±$1,257)

Showing 7 of 9 places in Schoolcraft 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 Thompson Township

What is the median household income in Thompson Township?

The median household income in Thompson Township is $82,031 (±$15,442) a year (2020–2024 American Community Survey).

Have incomes in Thompson Township kept up with inflation?

In Thompson Township, the median household income went from $49,583 in 2015–2019 to $82,031 in 2020–2024 (+65.4%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

What do renters earn in Thompson Township?

The median renting household in Thompson Township, MI earns $131,205 (±$388) a year.

Sources

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 Thompson township, Schoolcraft County, Michigan (county subdivision:79580, in state:26 county:153).

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.

Request a Census API 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 .

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