What is the median household income in Clara City, MN?

The median household income in Clara City, MN is $63,636 (±$6,392) a year (2020–2024 American Community Survey).

Paying the median gross rent of $1,068 a month would take about $42,700 a year at the common guideline of spending no more than 30% of income on rent.

In Clara City, the median household income went from $54,286 in 2015–2019 to $63,636 in 2020–2024 (+17.2%).

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
$63,636 (±$6,392)
Median renter income
$49,063 (±$25,664)
Income to afford median rent
about $42,700

Income in Clara City against Chippewa County, its state and the nation

Income, estimate (90% margin of error)
Clara CityChippewa CountyMinnesotaUnited States
Median household income$63,636 (±$6,392)$71,458 (±$4,226)$89,062 (±$409)$80,734
Median renter household income$49,063 (±$25,664)$33,813 (±$6,273)$51,080 (±$531)$52,966
Median owner household income$73,958 (±$15,822)$82,560 (±$3,543)$108,214 (±$476)$100,009
Median gross rent$1,068 (±$56)$869 (±$49)$1,280 (±$7)$1,413

In Clara City, median household income is lower than in Chippewa County ($71,458).

It is also lower than in Minnesota ($89,062).

It is lower than the national figure ($80,734).

In Chippewa County, Clara City ranks 18 of 21 places with a published estimate, from highest to lowest median household income.

Statewide, it ranks 2065 of 2,568.

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 Clara City

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 $1,068 a month ($12,816 a year) needs an income of about $42,700 a year.

The median renting household in Clara City earns $49,063 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
2015–20192020–2024Amount of changeVerdict
Median household income$54,286 (±$7,338)$63,636 (±$6,392)+17.2%No measurable change after inflation
Median gross rent$685 (±$193)$1,068 (±$56)+55.9%No measurable change after inflation
Median home value$117,500 (±$17,204)$114,300 (±$21,620)−2.7%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 Clara City

Nearest places with a published estimate, compared with Clara City
PlaceDistanceMedian household incomeCompared with this place
Clara City—$63,636 (±$6,392)—
Rheiderland Township3.9 mi$99,375 (±$28,471)Higher
Stoneham Township4.4 mi$91,250 (±$46,089)Not measurably different
Crate Township4.9 mi$105,000 (±$19,479)Higher
Lone Tree Township5.5 mi$98,750 (±$50,231)Not measurably different
Maynard6.1 mi$41,563 (±$13,668)Lower
Raymond7.7 mi$64,563 (±$11,878)Not measurably different
Wang Township8.1 mi$98,438 (±$10,551)Higher
Ericson Township8.3 mi$77,500 (±$7,182)Higher

Nearby places with a measurably lower figure: Maynard, MN ($41,563).

Nearby places with a measurably higher figure: Rheiderland Township, MN ($99,375), Crate Township, MN ($105,000), Wang Township, MN ($98,438).

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

Median household income across Chippewa County, place by place

RankPlaceMedian household income
12Louriston Township$95,000 (±$29,458)
13Rosewood Township$93,625 (±$9,526)
14Stoneham Township$91,250 (±$46,089)
15Grace Township$90,893 (±$21,982)
16Kragero Township$89,167 (±$59,473)
17Montevideo$68,596 (±$13,761)
18Clara City$63,636 (±$6,392)
19Milan$53,594 (±$18,850)
20Maynard$41,563 (±$13,668)
21Watson$34,722 (±$15,895)

Showing 10 of 21 places in Chippewa 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.

What you can do on Seayora in Clara City

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Questions about Clara City

What is the median household income in Clara City?

The median household income in Clara City is $63,636 (±$6,392) a year (2020–2024 American Community Survey).

How much do you need to make to afford rent in Clara City?

About $42,700 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,068 a month.

Have incomes in Clara City kept up with inflation?

In Clara City, the median household income went from $54,286 in 2015–2019 to $63,636 in 2020–2024 (+17.2%).

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 Clara City?

The median renting household in Clara City, MN earns $49,063 (±$25,664) 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 Clara City city, Minnesota (place:11548, in state:27).

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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