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

Income, estimate (90% margin of error)
Milaca TownshipMille Lacs CountyMinnesotaUnited 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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
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

Nearest places with a published estimate, compared with Milaca Township
PlaceDistanceMedian household incomeCompared with this place
Milaca Township—$99,583 (±$17,834)—
Milaca3.0 mi$49,588 (±$5,343)Lower
Foreston3.8 mi$92,000 (±$31,732)Not measurably different
Page Township5.3 mi$99,395 (±$6,705)Not measurably different
Granite Ledge Township5.3 mi$115,938 (±$29,582)Not measurably different
Pease6.2 mi$66,667 (±$37,856)Not measurably different
Borgholm Township6.5 mi$83,359 (±$8,214)Not measurably different
Milo Township6.7 mi$84,000 (±$16,691)Not measurably different
Bock7.3 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

RankPlaceMedian household income
1Bogus Brook Township$123,846 (±$12,584)
2Greenbush Township$105,500 (±$11,559)
3Milaca Township$99,583 (±$17,834)
4Page Township$99,395 (±$6,705)
5Hayland Township$96,250 (±$17,513)
6Foreston$92,000 (±$31,732)
7Princeton Township$88,056 (±$11,196)
8Milo Township$84,000 (±$16,691)
9Borgholm 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

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Milaca Township beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Milaca Township, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Milaca Township, and send estimates and invoices from your phone.

Join as a pro · Find a pro

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

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.

Request a Census API 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