What is the median household income in Ideal Township, MN?
The median household income in Ideal Township, MN is $108,355 (±$20,765) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,136 a month would take about $45,400 a year at the common guideline of spending no more than 30% of income on rent.
In Ideal Township, the median household income went from $66,583 in 2015–2019 to $108,355 in 2020–2024 (+62.7%).
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
- $108,355 (±$20,765)
- Median renter income
- $58,750 (±$33,481)
- Income to afford median rent
- about $45,400
Income in Ideal Township against Crow Wing County, its state and the nation
| Ideal Township | Crow Wing County | Minnesota | United States | |
|---|---|---|---|---|
| Median household income | $108,355 (±$20,765) | $72,589 (±$2,891) | $89,062 (±$409) | $80,734 |
| Median renter household income | $58,750 (±$33,481) | $42,827 (±$3,995) | $51,080 (±$531) | $52,966 |
| Median owner household income | $109,917 (±$18,277) | $88,809 (±$3,601) | $108,214 (±$476) | $100,009 |
| Median gross rent | $1,136 (±$137) | $971 (±$50) | $1,280 (±$7) | $1,413 |
In Ideal Township, median household income is higher than in Crow Wing County ($72,589).
It is not measurably different from Minnesota ($89,062).
It is higher than the national figure ($80,734).
In Crow Wing County, Ideal Township ranks 3 of 46 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 441 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 Ideal 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 $1,136 a month ($13,632 a year) needs an income of about $45,400 a year.
The median renting household in Ideal Township earns $58,750 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 | $66,583 (±$14,227) | $108,355 (±$20,765) | +62.7% | No measurable change after inflation |
| Median gross rent | $897 (±$68) | $1,136 (±$137) | +26.6% | No measurable change after inflation |
| Median home value | $375,400 (±$53,638) | $461,300 (±$49,845) | +22.9% | 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 Ideal Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Ideal Township | — | $108,355 (±$20,765) | — |
| Breezy Point | 4.4 mi | $85,938 (±$11,654) | Not measurably different |
| Crosslake | 4.7 mi | $79,635 (±$16,689) | Lower |
| Manhattan Beach | 5.1 mi | $68,750 (±$18,882) | Lower |
| Jenkins Township | 5.7 mi | $105,625 (±$37,989) | Not measurably different |
| Pelican Township (Crow Wing County) | 6.1 mi | $69,250 (±$24,744) | Lower |
| Jenkins | 6.2 mi | $74,250 (±$16,857) | Lower |
| Timothy Township | 6.6 mi | $98,750 (±$30,958) | Not measurably different |
| Pequot Lakes | 7.2 mi | $63,699 (±$8,014) | Lower |
Nearby places with a measurably lower figure: Crosslake, MN ($79,635), Manhattan Beach, MN ($68,750), Pelican Township (Crow Wing County), MN ($69,250).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Crow Wing County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Ross Lake Township | $125,417 (±$51,942) |
| 2 | St. Mathias Township | $118,750 (±$14,089) |
| 3 | Ideal Township | $108,355 (±$20,765) |
| 4 | Jenkins Township | $105,625 (±$37,989) |
| 5 | Nisswa | $100,000 (±$34,379) |
| 6 | Crow Wing Township | $99,861 (±$10,616) |
| 7 | Timothy Township | $98,750 (±$30,958) |
| 8 | Deerwood Township (Crow Wing County) | $95,119 (±$17,216) |
| 9 | Irondale Township | $86,591 (±$15,946) |
Showing 9 of 46 places in Crow Wing 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 Ideal Township
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Questions about Ideal Township
What is the median household income in Ideal Township?
The median household income in Ideal Township is $108,355 (±$20,765) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Ideal Township?
About $45,400 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,136 a month.
Have incomes in Ideal Township kept up with inflation?
In Ideal Township, the median household income went from $66,583 in 2015–2019 to $108,355 in 2020–2024 (+62.7%).
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 Ideal Township?
The median renting household in Ideal Township, MN earns $58,750 (±$33,481) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Ideal township, Crow Wing County, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Ideal township, Crow Wing County, Minnesota
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Ideal township, Crow Wing County, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Ideal township, Crow Wing County, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Ideal township, Crow Wing County, Minnesota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Ideal township, Crow Wing 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 Ideal township, Crow Wing County, Minnesota (county subdivision:30734, in state:27 county:035).
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 Ideal Township at a glance
- Renters and owners in Ideal Township
- Home values in Ideal Township
- Homeowner costs in Ideal Township
- Property taxes in Ideal Township
- Types of homes in Ideal Township
- Bedrooms in Ideal Township
- Age of homes in Ideal Township
- Heating fuel in Ideal Township
- Commute and cars in Ideal Township
- Population growth in Ideal Township
- How long people stay in Ideal Township
- Minnesota landlord and tenant rules
- Housing across Crow Wing County
- Minnesota places ranked by median household income
- Housing data for every place in Minnesota