What is the median household income in Little Falls Township, MN?
The median household income in Little Falls Township, MN is $108,333 (±$9,275) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,400 a month would take about $56,000 a year at the common guideline of spending no more than 30% of income on rent.
In Little Falls Township, the median household income went from $87,778 in 2015–2019 to $108,333 in 2020–2024 (+23.4%).
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
- $108,333 (±$9,275)
- Median renter income
- $84,643 (±$51,267)
- Income to afford median rent
- about $56,000
Income in Little Falls Township against Morrison County, its state and the nation
| Little Falls Township | Morrison County | Minnesota | United States | |
|---|---|---|---|---|
| Median household income | $108,333 (±$9,275) | $69,446 (±$3,808) | $89,062 (±$409) | $80,734 |
| Median renter household income | $84,643 (±$51,267) | $37,700 (±$5,430) | $51,080 (±$531) | $52,966 |
| Median owner household income | $109,000 (±$10,166) | $77,604 (±$3,910) | $108,214 (±$476) | $100,009 |
| Median gross rent | $1,400 (±$143) | $788 (±$75) | $1,280 (±$7) | $1,413 |
In Little Falls Township, median household income is higher than in Morrison County ($69,446).
It is also higher than in Minnesota ($89,062).
It is higher than the national figure ($80,734).
In Morrison County, Little Falls Township ranks 5 of 46 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 443 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 Little Falls 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 $1,400 a month ($16,800 a year) needs an income of about $56,000 a year.
The median renting household in Little Falls Township earns $84,643 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 | $87,778 (±$13,171) | $108,333 (±$9,275) | +23.4% | No measurable change after inflation |
| Median gross rent | $685 (±$376) | $1,400 (±$143) | +104.4% | Up after inflation |
| Median home value | $214,900 (±$11,580) | $301,100 (±$27,660) | +40.1% | 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 Little Falls Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Little Falls Township | — | $108,333 (±$9,275) | — |
| Little Falls | 3.7 mi | $47,863 (±$9,949) | Lower |
| Bellevue Township | 6.0 mi | $113,958 (±$23,159) | Not measurably different |
| Belle Prairie Township | 6.4 mi | $85,000 (±$21,251) | Lower |
| Agram Township | 6.9 mi | $87,500 (±$21,840) | Not measurably different |
| Pike Creek Township | 7.1 mi | $75,455 (±$10,808) | Lower |
| Swan River Township | 7.6 mi | $76,625 (±$9,000) | Lower |
| Royalton | 8.0 mi | $55,156 (±$16,595) | Lower |
| Green Prairie Township | 8.1 mi | $74,464 (±$23,433) | Lower |
Nearby places with a measurably lower figure: Little Falls, MN ($47,863), Belle Prairie Township, MN ($85,000), Pike Creek Township, MN ($75,455).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Morrison County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Elmdale | $133,750 (±$91,389) |
| 2 | Rosing Township | $124,000 (±$19,076) |
| 3 | Bellevue Township | $113,958 (±$23,159) |
| 4 | Flensburg | $108,750 (±$14,094) |
| 5 | Little Falls Township | $108,333 (±$9,275) |
| 6 | Buckman | $102,188 (±$33,485) |
| 7 | Platte Township | $100,893 (±$21,461) |
| 8 | Pierz Township | $100,833 (±$19,081) |
| 9 | Two Rivers Township | $100,625 (±$15,111) |
| 10 | Lastrup | $98,333 (±$22,341) |
| 11 | Morrill Township | $96,250 (±$36,269) |
Showing 11 of 46 places in Morrison 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 Little Falls Township
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Questions about Little Falls Township
What is the median household income in Little Falls Township?
The median household income in Little Falls Township is $108,333 (±$9,275) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Little Falls Township?
About $56,000 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,400 a month.
Have incomes in Little Falls Township kept up with inflation?
In Little Falls Township, the median household income went from $87,778 in 2015–2019 to $108,333 in 2020–2024 (+23.4%).
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 Little Falls Township?
The median renting household in Little Falls Township, MN earns $84,643 (±$51,267) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Little Falls township, Morrison County, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Little Falls township, Morrison County, Minnesota
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Little Falls township, Morrison County, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Little Falls township, Morrison County, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Little Falls township, Morrison County, Minnesota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Little Falls township, Morrison 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 Little Falls township, Morrison County, Minnesota (county subdivision:37574, in state:27 county:097).
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 Little Falls Township at a glance
- Home values in Little Falls Township
- Homeowner costs in Little Falls Township
- Property taxes in Little Falls Township
- Types of homes in Little Falls Township
- Bedrooms in Little Falls Township
- Age of homes in Little Falls Township
- Heating fuel in Little Falls Township
- Commute and cars in Little Falls Township
- Population growth in Little Falls Township
- How long people stay in Little Falls Township
- Minnesota landlord and tenant rules
- Housing across Morrison County
- Minnesota places ranked by median household income
- Housing data for every place in Minnesota