What is the median household income in Eagle Lake Township, MN?
The median household income in Eagle Lake Township, MN is $99,583 (±$26,703) a year (2020–2024 American Community Survey).
Paying the median gross rent of $963 a month would take about $38,500 a year at the common guideline of spending no more than 30% of income on rent.
In Eagle Lake Township, the median household income went from $55,000 in 2015–2019 to $99,583 in 2020–2024 (+81.1%).
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
- $99,583 (±$26,703)
- Median renter income
- $101,607 (±$12,517)
- Income to afford median rent
- about $38,500
Income in Eagle Lake Township against Otter Tail County, its state and the nation
| Eagle Lake Township | Otter Tail County | Minnesota | United States | |
|---|---|---|---|---|
| Median household income | $99,583 (±$26,703) | $72,255 (±$2,093) | $89,062 (±$409) | $80,734 |
| Median renter household income | $101,607 (±$12,517) | $36,830 (±$2,912) | $51,080 (±$531) | $52,966 |
| Median owner household income | $93,750 (±$37,994) | $85,697 (±$2,011) | $108,214 (±$476) | $100,009 |
| Median gross rent | $963 (±$56) | $868 (±$63) | $1,280 (±$7) | $1,413 |
In Eagle Lake Township, median household income is higher than in Otter Tail County ($72,255).
It is not measurably different from Minnesota ($89,062).
It is not measurably different from the national figure ($80,734).
In Otter Tail County, Eagle Lake Township ranks 22 of 81 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 711 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 Eagle Lake 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 $963 a month ($11,556 a year) needs an income of about $38,500 a year.
The median renting household in Eagle Lake Township earns $101,607 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 | $55,000 (±$10,036) | $99,583 (±$26,703) | +81.1% | Up after inflation |
| Median gross rent | $928 (±$238) | $963 (±$56) | +3.8% | No measurable change after inflation |
| Median home value | $278,300 (±$51,579) | $447,800 (±$80,904) | +60.9% | Up 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 Eagle Lake Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Eagle Lake Township | — | $99,583 (±$26,703) | — |
| Clitherall Township | 5.2 mi | $78,571 (±$16,445) | Not measurably different |
| Leaf Mountain Township | 5.5 mi | $107,628 (±$25,523) | Not measurably different |
| St. Olaf Township | 6.0 mi | $76,250 (±$29,228) | Not measurably different |
| Lund Township | 6.4 mi | $71,875 (±$17,778) | Not measurably different |
| Ashby | 6.9 mi | $63,333 (±$23,066) | Lower |
| Millerville Township | 7.8 mi | $83,750 (±$25,231) | Not measurably different |
| Tordenskjold Township | 8.3 mi | $84,125 (±$16,866) | Not measurably different |
| Millerville | 8.7 mi | $71,591 (±$10,230) | Not measurably different |
Nearby places with a measurably lower figure: Ashby, MN ($63,333).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Otter Tail County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 16 | Everts Township | $102,933 (±$4,951) |
| 17 | Corliss Township | $101,250 (±$26,643) |
| 18 | Bluffton | $100,417 (±$16,874) |
| 19 | Otter Tail Township | $100,179 (±$15,975) |
| 20 | Fergus Falls Township | $100,074 (±$17,694) |
| 21 | Tumuli Township | $99,792 (±$16,289) |
| 22 | Eagle Lake Township | $99,583 (±$26,703) |
| 23 | Pelican Township (Otter Tail County) | $96,500 (±$22,571) |
| 24 | Lida Township | $96,250 (±$16,904) |
| 25 | Effington Township | $95,625 (±$18,284) |
| 26 | Pine Lake Township (Otter Tail County) | $94,792 (±$11,986) |
| 27 | Hobart Township | $93,667 (±$8,488) |
| 28 | Buse Township | $92,500 (±$9,647) |
Showing 13 of 81 places in Otter Tail 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 Eagle Lake Township
What is the median household income in Eagle Lake Township?
The median household income in Eagle Lake Township is $99,583 (±$26,703) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Eagle Lake Township?
About $38,500 a year, if rent is to stay at or below 30% of income at the median gross rent of $963 a month.
Have incomes in Eagle Lake Township kept up with inflation?
In Eagle Lake Township, the median household income went from $55,000 in 2015–2019 to $99,583 in 2020–2024 (+81.1%).
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 Eagle Lake Township?
The median renting household in Eagle Lake Township, MN earns $101,607 (±$12,517) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Eagle Lake township, Otter Tail County, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Eagle Lake township, Otter Tail County, Minnesota
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Eagle Lake township, Otter Tail County, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Eagle Lake township, Otter Tail County, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Eagle Lake township, Otter Tail County, Minnesota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Eagle Lake township, Otter Tail County, Minnesota
- 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 Eagle Lake township, Otter Tail County, Minnesota (county subdivision:17396, in state:27 county:111).
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 Eagle Lake Township at a glance
- Home values in Eagle Lake Township
- Homeowner costs in Eagle Lake Township
- Property taxes in Eagle Lake Township
- Types of homes in Eagle Lake Township
- Bedrooms in Eagle Lake Township
- Age of homes in Eagle Lake Township
- Heating fuel in Eagle Lake Township
- Minnesota landlord and tenant rules
- Housing across Otter Tail County
- Minnesota places ranked by median household income
- Housing data for every place in Minnesota