What is the median household income in Milaca Township, MN?
The median household income in Milaca Township, MN is $99,583 (±$17,834) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,188 a month would take about $47,500 a year at the common guideline of spending no more than 30% of income on rent.
In Milaca Township, the median household income went from $66,587 in 2015–2019 to $99,583 in 2020–2024 (+49.6%).
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
- $99,583 (±$17,834)
- Median renter income
- $61,420 (±$34,250)
- Income to afford median rent
- about $47,500
Income in Milaca Township against Mille Lacs County, its state and the nation
| Milaca Township | Mille Lacs County | Minnesota | United States | |
|---|---|---|---|---|
| Median household income | $99,583 (±$17,834) | $72,729 (±$3,403) | $89,062 (±$409) | $80,734 |
| Median renter household income | $61,420 (±$34,250) | $36,202 (±$2,161) | $51,080 (±$531) | $52,966 |
| Median owner household income | $107,643 (±$12,259) | $86,212 (±$4,175) | $108,214 (±$476) | $100,009 |
| Median gross rent | $1,188 (±$325) | $903 (±$52) | $1,280 (±$7) | $1,413 |
In Milaca Township, median household income is higher than in Mille Lacs County ($72,729).
It is not measurably different from Minnesota ($89,062).
It is higher than the national figure ($80,734).
In Mille Lacs County, Milaca Township ranks 3 of 24 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 710 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 Milaca 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 $1,188 a month ($14,256 a year) needs an income of about $47,500 a year.
The median renting household in Milaca Township earns $61,420 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 | $66,587 (±$4,310) | $99,583 (±$17,834) | +49.6% | No measurable change after inflation |
| Median gross rent | $1,518 (±$595) | $1,188 (±$325) | −21.7% | No measurable change after inflation |
| Median home value | $170,100 (±$6,634) | $294,000 (±$27,010) | +72.8% | 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 Milaca Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Milaca Township | — | $99,583 (±$17,834) | — |
| Milaca | 3.0 mi | $49,588 (±$5,343) | Lower |
| Foreston | 3.8 mi | $92,000 (±$31,732) | Not measurably different |
| Page Township | 5.3 mi | $99,395 (±$6,705) | Not measurably different |
| Granite Ledge Township | 5.3 mi | $115,938 (±$29,582) | Not measurably different |
| Pease | 6.2 mi | $66,667 (±$37,856) | Not measurably different |
| Borgholm Township | 6.5 mi | $83,359 (±$8,214) | Not measurably different |
| Milo Township | 6.7 mi | $84,000 (±$16,691) | Not measurably different |
| Bock | 7.3 mi | $48,333 (±$16,427) | Lower |
Nearby places with a measurably lower figure: Milaca, MN ($49,588), Bock, MN ($48,333).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Mille Lacs County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Bogus Brook Township | $123,846 (±$12,584) |
| 2 | Greenbush Township | $105,500 (±$11,559) |
| 3 | Milaca Township | $99,583 (±$17,834) |
| 4 | Page Township | $99,395 (±$6,705) |
| 5 | Hayland Township | $96,250 (±$17,513) |
| 6 | Foreston | $92,000 (±$31,732) |
| 7 | Princeton Township | $88,056 (±$11,196) |
| 8 | Milo Township | $84,000 (±$16,691) |
| 9 | Borgholm Township | $83,359 (±$8,214) |
Showing 9 of 24 places in Mille Lacs 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 Milaca Township
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Questions about Milaca Township
What is the median household income in Milaca Township?
The median household income in Milaca Township is $99,583 (±$17,834) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Milaca Township?
About $47,500 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,188 a month.
Have incomes in Milaca Township kept up with inflation?
In Milaca Township, the median household income went from $66,587 in 2015–2019 to $99,583 in 2020–2024 (+49.6%).
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 Milaca Township?
The median renting household in Milaca Township, MN earns $61,420 (±$34,250) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Milaca township, Mille Lacs County, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Milaca township, Mille Lacs County, Minnesota
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Milaca township, Mille Lacs County, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Milaca township, Mille Lacs County, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Milaca township, Mille Lacs County, Minnesota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Milaca township, Mille Lacs 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 Milaca township, Mille Lacs County, Minnesota (county subdivision:42128, in state:27 county:095).
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 Milaca Township at a glance
- Home values in Milaca Township
- Homeowner costs in Milaca Township
- Property taxes in Milaca Township
- Types of homes in Milaca Township
- Bedrooms in Milaca Township
- Age of homes in Milaca Township
- Heating fuel in Milaca Township
- Commute and cars in Milaca Township
- Population growth in Milaca Township
- How long people stay in Milaca Township
- Minnesota landlord and tenant rules
- Housing across Mille Lacs County
- Minnesota places ranked by median household income
- Housing data for every place in Minnesota