What is the median household income in Lake Edward Township, MN?
The median household income in Lake Edward Township, MN is $82,292 (±$14,854) a year (2020–2024 American Community Survey).
In Lake Edward Township, the median household income went from $69,735 in 2015–2019 to $82,292 in 2020–2024 (+18.0%).
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
- $82,292 (±$14,854)
Income in Lake Edward Township against Crow Wing County, its state and the nation
| Lake Edward Township | Crow Wing County | Minnesota | United States | |
|---|---|---|---|---|
| Median household income | $82,292 (±$14,854) | $72,589 (±$2,891) | $89,062 (±$409) | $80,734 |
| Median renter household income | — | $42,827 (±$3,995) | $51,080 (±$531) | $52,966 |
| Median owner household income | $86,429 (±$14,337) | $88,809 (±$3,601) | $108,214 (±$476) | $100,009 |
| Median gross rent | — | $971 (±$50) | $1,280 (±$7) | $1,413 |
In Lake Edward Township, median household income is not measurably different from Crow Wing County ($72,589).
It is not measurably different from Minnesota ($89,062).
It is not measurably different from the national figure ($80,734).
In Crow Wing County, Lake Edward Township ranks 16 of 46 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1362 of 2,568.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $69,735 (±$6,060) | $82,292 (±$14,854) | +18.0% | No measurable change after inflation |
| Median home value | $264,800 (±$22,262) | $386,400 (±$34,810) | +45.9% | 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 Lake Edward Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Lake Edward Township | — | $82,292 (±$14,854) | — |
| Nisswa | 4.1 mi | $100,000 (±$34,379) | Not measurably different |
| Center Township | 4.6 mi | $74,554 (±$12,717) | Not measurably different |
| Pelican Township (Crow Wing County) | 6.4 mi | $69,250 (±$24,744) | Not measurably different |
| Lake Shore | 7.4 mi | $96,563 (±$10,762) | Not measurably different |
| Pequot Lakes | 7.5 mi | $63,699 (±$8,014) | Lower |
| Riverton | 7.9 mi | $55,313 (±$27,321) | Not measurably different |
| Breezy Point | 8.0 mi | $85,938 (±$11,654) | Not measurably different |
| Mission Township | 9.0 mi | $80,662 (±$7,378) | Not measurably different |
Nearby places with a measurably lower figure: Pequot Lakes, MN ($63,699).
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 |
|---|---|---|
| 10 | Breezy Point | $85,938 (±$11,654) |
| 11 | Oak Lawn Township | $85,417 (±$12,687) |
| 12 | Long Lake Township (Crow Wing County) | $85,385 (±$13,685) |
| 13 | Fifty Lakes | $84,615 (±$11,347) |
| 14 (tie) | Maple Grove Township (Crow Wing County) | $83,750 (±$16,158) |
| 14 (tie) | Nokay Lake Township | $83,750 (±$14,547) |
| 16 | Lake Edward Township | $82,292 (±$14,854) |
| 17 | Cuyuna | $81,875 (±$23,558) |
| 18 | Mission Township | $80,662 (±$7,378) |
| 19 | Crosslake | $79,635 (±$16,689) |
| 20 | Roosevelt Township (Crow Wing County) | $79,167 (±$17,682) |
| 21 | Rabbit Lake Township | $76,619 (±$3,060) |
| 22 | Platte Lake Township | $75,417 (±$18,019) |
Showing 13 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.
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Questions about Lake Edward Township
What is the median household income in Lake Edward Township?
The median household income in Lake Edward Township is $82,292 (±$14,854) a year (2020–2024 American Community Survey).
Have incomes in Lake Edward Township kept up with inflation?
In Lake Edward Township, the median household income went from $69,735 in 2015–2019 to $82,292 in 2020–2024 (+18.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Lake Edward township, Crow Wing County, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lake Edward township, Crow Wing County, Minnesota
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Edward township, Crow Wing County, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Lake Edward township, Crow Wing County, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake Edward township, Crow Wing County, Minnesota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lake Edward 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 Lake Edward township, Crow Wing County, Minnesota (county subdivision:34207, 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 Lake Edward Township at a glance
- Home values in Lake Edward Township
- Homeowner costs in Lake Edward Township
- Property taxes in Lake Edward Township
- Types of homes in Lake Edward Township
- Bedrooms in Lake Edward Township
- Age of homes in Lake Edward Township
- Heating fuel in Lake Edward Township
- Commute and cars in Lake Edward Township
- Population growth in Lake Edward Township
- How long people stay in Lake Edward 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