What is the median household income in Loon Lake Township, MN?
The median household income in Loon Lake Township, MN is $75,313 (±$17,931) a year (2020–2024 American Community Survey).
In Loon Lake Township, the median household income went from $61,875 in 2015–2019 to $75,313 in 2020–2024 (+21.7%).
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
- $75,313 (±$17,931)
- Median renter income
- $70,909 (±$59,667)
Income in Loon Lake Township against Cass County, its state and the nation
| Loon Lake Township | Cass County | Minnesota | United States | |
|---|---|---|---|---|
| Median household income | $75,313 (±$17,931) | $68,874 (±$2,502) | $89,062 (±$409) | $80,734 |
| Median renter household income | $70,909 (±$59,667) | $40,815 (±$3,327) | $51,080 (±$531) | $52,966 |
| Median owner household income | $80,938 (±$22,524) | $74,365 (±$1,916) | $108,214 (±$476) | $100,009 |
| Median gross rent | — | $863 (±$45) | $1,280 (±$7) | $1,413 |
In Loon Lake Township, median household income is not measurably different from Cass County ($68,874).
It is not measurably different from Minnesota ($89,062).
It is not measurably different from the national figure ($80,734).
In Cass County, Loon Lake Township ranks 13 of 61 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1628 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 | $61,875 (±$10,418) | $75,313 (±$17,931) | +21.7% | No measurable change after inflation |
| Median home value | $226,300 (±$14,478) | $371,300 (±$25,315) | +64.1% | 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 Loon Lake Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Loon Lake Township | — | $75,313 (±$17,931) | — |
| Pequot Lakes | 3.7 mi | $63,699 (±$8,014) | Not measurably different |
| Jenkins | 4.4 mi | $74,250 (±$16,857) | Not measurably different |
| Maple Township | 5.0 mi | $73,438 (±$26,793) | Not measurably different |
| Lake Shore | 6.1 mi | $96,563 (±$10,762) | Higher |
| Jenkins Township | 6.6 mi | $105,625 (±$37,989) | Not measurably different |
| Wilson Township (Cass County) | 6.6 mi | $51,518 (±$8,158) | Lower |
| Nisswa | 7.1 mi | $100,000 (±$34,379) | Not measurably different |
| Walden Township (Cass County) | 7.2 mi | $59,375 (±$22,160) | Not measurably different |
Nearby places with a measurably lower figure: Wilson Township (Cass County), MN ($51,518).
Nearby places with a measurably higher figure: Lake Shore, MN ($96,563).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Cass County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 7 | Otter Tail Peninsula Township | $93,750 (±$45,012) |
| 8 | Rogers Township | $83,750 (±$60,036) |
| 9 | Turtle Lake Township (Cass County) | $80,208 (±$11,886) |
| 10 | Slater Township | $79,688 (±$11,680) |
| 11 | Ponto Lake Township | $79,318 (±$10,618) |
| 12 | Thunder Lake Township | $77,188 (±$11,263) |
| 13 | Loon Lake Township | $75,313 (±$17,931) |
| 14 (tie) | Moose Lake Township (Cass County) | $75,000 (±$29,732) |
| 14 (tie) | Shingobee Township | $75,000 (±$21,878) |
| 16 | Pine Lake Township (Cass County) | $74,375 (±$12,186) |
| 17 | Maple Township | $73,438 (±$26,793) |
| 18 | Pike Bay Township | $72,750 (±$19,232) |
| 19 | Crooked Lake Township | $72,188 (±$11,564) |
Showing 13 of 61 places in Cass 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 Loon Lake Township
What is the median household income in Loon Lake Township?
The median household income in Loon Lake Township is $75,313 (±$17,931) a year (2020–2024 American Community Survey).
Have incomes in Loon Lake Township kept up with inflation?
In Loon Lake Township, the median household income went from $61,875 in 2015–2019 to $75,313 in 2020–2024 (+21.7%).
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 Loon Lake Township?
The median renting household in Loon Lake Township, MN earns $70,909 (±$59,667) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Loon Lake township, Cass County, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Loon Lake township, Cass County, Minnesota
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Loon Lake township, Cass County, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Loon Lake township, Cass County, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Loon Lake township, Cass County, Minnesota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Loon Lake township, Cass 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 Loon Lake township, Cass County, Minnesota (county subdivision:38168, in state:27 county:021).
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 Loon Lake Township at a glance
- Home values in Loon Lake Township
- Homeowner costs in Loon Lake Township
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- How long people stay in Loon Lake Township
- Minnesota landlord and tenant rules
- Housing across Cass County
- Minnesota places ranked by median household income
- Housing data for every place in Minnesota