What is the median household income in Torch Lake Township (Houghton County), MI?

Name: Income and affordability in Torch Lake Township (Houghton County), MI, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median household income in Torch Lake Township (Houghton County), MI is $69,938 (±$11,251) a year (2020–2024 American Community Survey).

Paying the median gross rent of $725 a month would take about $29,000 a year at the common guideline of spending no more than 30% of income on rent.

In Torch Lake Township (Houghton County), the median household income went from $62,788 in 2015–2019 to $69,938 in 2020–2024 (+11.4%).

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 November 12, 2026.

Median household income: $69,938 (±$11,251)
Income to afford median rent: about $29,000

Income in Torch Lake Township (Houghton County) against Houghton County, its state and the nation

Income, estimate (90% margin of error)
	Torch Lake Township (Houghton County)	Houghton County	Michigan	United States
Median household income	$69,938 (±$11,251)	$58,899 (±$3,371)	$72,875 (±$293)	$80,734
Median renter household income	—	$32,103 (±$3,944)	$42,352 (±$376)	$52,966
Median owner household income	$73,417 (±$10,777)	$77,761 (±$3,131)	$87,130 (±$344)	$100,009
Median gross rent	$725 (±$613)	$840 (±$73)	$1,129 (±$4)	$1,413

In Torch Lake Township (Houghton County), median household income is not measurably different from Houghton County ($58,899).

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

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

In Houghton County, Torch Lake Township (Houghton County) ranks 7 of 16 places with a published estimate, from highest to lowest median household income.

Statewide, it ranks 748 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 Torch Lake Township (Houghton 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 $725 a month ($8,700 a year) needs an income of about $29,000 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 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median household income	$62,788 (±$9,604)	$69,938 (±$11,251)	+11.4%	No measurable change after inflation
Median gross rent	$702 (±$43)	$725 (±$613)	+3.3%	No measurable change after inflation
Median home value	$152,500 (±$30,554)	$170,700 (±$39,032)	+11.9%	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 Torch Lake Township (Houghton County)

Nearest places with a published estimate, compared with Torch Lake Township (Houghton County)
Place	Distance	Median household income	Compared with this place
Torch Lake Township (Houghton County)	—	$69,938 (±$11,251)	—
Lake Linden	7.0 mi	$43,472 (±$9,023)	Lower
Schoolcraft Township (Houghton County)	7.3 mi	$55,327 (±$8,693)	Lower
Dollar Bay	7.4 mi	$61,250 (±$16,564)	Not measurably different
Osceola Township (Houghton County)	8.7 mi	$57,120 (±$6,455)	Not measurably different
Franklin Township (Houghton County)	9.1 mi	$78,155 (±$9,202)	Not measurably different
Houghton	10 mi	$43,456 (±$10,793)	Lower
Laurium	10 mi	$54,167 (±$16,424)	Not measurably different
Calumet	11 mi	$26,667 (±$5,876)	Lower

Nearby places with a measurably lower figure: Lake Linden, MI ($43,472), Schoolcraft Township (Houghton County), MI ($55,327), Houghton, MI ($43,456).

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

Median household income across Houghton County, place by place

Rank	Place	Median household income
1	Hancock Township	$110,875 (±$25,121)
2	Stanton Township	$85,800 (±$5,836)
3	Elm River Township	$78,929 (±$10,893)
4	Franklin Township (Houghton County)	$78,155 (±$9,202)
5	Chassell Township	$75,729 (±$15,720)
6	Quincy Township (Houghton County)	$72,500 (±$26,750)
7	Torch Lake Township (Houghton County)	$69,938 (±$11,251)
8	Portage Charter Township	$66,652 (±$14,101)
9	Laird Township	$64,250 (±$12,973)
10	Adams Township (Houghton County)	$63,914 (±$7,352)
11	Hancock	$59,519 (±$15,467)
12	Osceola Township (Houghton County)	$57,120 (±$6,455)
13	Schoolcraft Township (Houghton County)	$55,327 (±$8,693)

Showing 13 of 16 places in Houghton 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 Torch Lake Township (Houghton County)

What is the median household income in Torch Lake Township (Houghton County)?

The median household income in Torch Lake Township (Houghton County) is $69,938 (±$11,251) a year (2020–2024 American Community Survey).

How much do you need to make to afford rent in Torch Lake Township (Houghton County)?

About $29,000 a year, if rent is to stay at or below 30% of income at the median gross rent of $725 a month.

Have incomes in Torch Lake Township (Houghton County) kept up with inflation?

In Torch Lake Township (Houghton County), the median household income went from $62,788 in 2015–2019 to $69,938 in 2020–2024 (+11.4%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

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 Torch Lake township, Houghton County, Michigan (county subdivision:80120, in state:26 county:061).

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.