What is the median household income in Industrial Township, MN?
The median household income in Industrial Township, MN is $76,875 (±$27,137) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,134 a month would take about $45,400 a year at the common guideline of spending no more than 30% of income on rent.
In Industrial Township, the median household income went from $75,729 in 2015–2019 to $76,875 in 2020–2024 (+1.5%).
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
- $76,875 (±$27,137)
- Median renter income
- $88,056 (±$27,883)
- Income to afford median rent
- about $45,400
Income in Industrial Township against St. Louis County, its state and the nation
| Industrial Township | St. Louis County | Minnesota | United States | |
|---|---|---|---|---|
| Median household income | $76,875 (±$27,137) | $70,069 (±$1,494) | $89,062 (±$409) | $80,734 |
| Median renter household income | $88,056 (±$27,883) | $37,114 (±$1,847) | $51,080 (±$531) | $52,966 |
| Median owner household income | $74,375 (±$27,797) | $86,242 (±$1,585) | $108,214 (±$476) | $100,009 |
| Median gross rent | $1,134 (±$88) | $1,013 (±$36) | $1,280 (±$7) | $1,413 |
In Industrial Township, median household income is not measurably different from St. Louis County ($70,069).
It is not measurably different from Minnesota ($89,062).
It is not measurably different from the national figure ($80,734).
In St. Louis County, Industrial Township ranks 47 of 96 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1561 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 Industrial 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 $1,134 a month ($13,608 a year) needs an income of about $45,400 a year.
The median renting household in Industrial Township earns $88,056 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 | $75,729 (±$10,993) | $76,875 (±$27,137) | +1.5% | No measurable change after inflation |
| Median home value | $201,900 (±$19,259) | $252,000 (±$50,895) | +24.8% | 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 Industrial Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Industrial Township | — | $76,875 (±$27,137) | — |
| Culver Township | 5.3 mi | $71,750 (±$26,377) | Not measurably different |
| Brookston | 5.6 mi | $52,500 (±$23,589) | Not measurably different |
| Brevator Township | 5.9 mi | $85,313 (±$15,381) | Not measurably different |
| New Independence Township | 6.0 mi | $90,781 (±$9,291) | Not measurably different |
| Grand Lake Township | 6.6 mi | $100,500 (±$17,438) | Not measurably different |
| Stoney Brook Township | 8.2 mi | $58,333 (±$13,372) | Not measurably different |
| Solway Township | 8.3 mi | $101,458 (±$10,371) | Not measurably different |
| Alborn Township | 9.1 mi | $79,688 (±$8,401) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across St. Louis County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 41 | Ellsburg Township | $79,167 (±$12,344) |
| 42 | Beatty Township | $78,750 (±$19,810) |
| 43 | Lavell Township | $78,333 (±$31,542) |
| 44 | Ness Township | $77,917 (±$38,918) |
| 45 | Kabetogama Township | $77,083 (±$17,077) |
| 46 (tie) | Ault Township | $76,875 (±$39,959) |
| 46 (tie) | Industrial Township | $76,875 (±$27,137) |
| 48 | Colvin Township | $76,818 (±$12,070) |
| 49 (tie) | Sandy Township | $76,250 (±$14,758) |
| 49 (tie) | Vermilion Lake Township | $76,250 (±$13,653) |
| 51 | Embarrass Township | $75,694 (±$25,620) |
| 52 | Biwabik Township | $75,625 (±$8,946) |
| 53 | Elmer Township (St. Louis County) | $75,556 (±$8,990) |
Showing 13 of 96 places in St. Louis 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 Industrial Township
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Questions about Industrial Township
What is the median household income in Industrial Township?
The median household income in Industrial Township is $76,875 (±$27,137) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Industrial Township?
About $45,400 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,134 a month.
Have incomes in Industrial Township kept up with inflation?
In Industrial Township, the median household income went from $75,729 in 2015–2019 to $76,875 in 2020–2024 (+1.5%).
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 Industrial Township?
The median renting household in Industrial Township, MN earns $88,056 (±$27,883) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Industrial township, St. Louis County, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Industrial township, St. Louis County, Minnesota
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Industrial township, St. Louis County, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Industrial township, St. Louis County, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Industrial township, St. Louis County, Minnesota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Industrial township, St. Louis 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 Industrial township, St. Louis County, Minnesota (county subdivision:30932, in state:27 county:137).
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 Industrial Township at a glance
- Home values in Industrial Township
- Homeowner costs in Industrial Township
- Property taxes in Industrial Township
- Types of homes in Industrial Township
- Bedrooms in Industrial Township
- Age of homes in Industrial Township
- Heating fuel in Industrial Township
- Commute and cars in Industrial Township
- How long people stay in Industrial Township
- Minnesota landlord and tenant rules
- Housing across St. Louis County
- Minnesota places ranked by median household income
- Housing data for every place in Minnesota