What is the median household income in Nashwauk Township, MN?
The median household income in Nashwauk Township, MN is $60,192 (±$13,330) a year (2020–2024 American Community Survey).
Paying the median gross rent of $752 a month would take about $30,100 a year at the common guideline of spending no more than 30% of income on rent.
In Nashwauk Township, the median household income went from $60,944 in 2015–2019 to $60,192 in 2020–2024 (−1.2%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- Median household income
- $60,192 (±$13,330)
- Median renter income
- $18,125 (±$13,486)
- Income to afford median rent
- about $30,100
Income in Nashwauk Township against Itasca County, its state and the nation
| Nashwauk Township | Itasca County | Minnesota | United States | |
|---|---|---|---|---|
| Median household income | $60,192 (±$13,330) | $68,603 (±$4,097) | $89,062 (±$409) | $80,734 |
| Median renter household income | $18,125 (±$13,486) | $35,853 (±$4,155) | $51,080 (±$531) | $52,966 |
| Median owner household income | $78,026 (±$15,478) | $76,116 (±$3,554) | $108,214 (±$476) | $100,009 |
| Median gross rent | $752 (±$176) | $988 (±$48) | $1,280 (±$7) | $1,413 |
In Nashwauk Township, median household income is not measurably different from Itasca County ($68,603).
It is also lower than in Minnesota ($89,062).
It is lower than the national figure ($80,734).
In Itasca County, Nashwauk Township ranks 36 of 50 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 2169 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 Nashwauk 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 $752 a month ($9,024 a year) needs an income of about $30,100 a year.
The median renting household in Nashwauk Township earns $18,125 a year, less than that.
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 | $60,944 (±$4,192) | $60,192 (±$13,330) | −1.2% | Down after inflation |
| Median gross rent | $784 (±$109) | $752 (±$176) | −4.1% | No measurable change after inflation |
| Median home value | $118,200 (±$13,549) | $141,300 (±$16,325) | +19.5% | No measurable change 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 Nashwauk Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Nashwauk Township | — | $60,192 (±$13,330) | — |
| Keewatin | 5.7 mi | $53,643 (±$11,310) | Not measurably different |
| Greenway Township | 6.7 mi | $66,094 (±$8,806) | Not measurably different |
| Marble | 7.2 mi | $53,958 (±$13,566) | Not measurably different |
| Calumet | 7.2 mi | $43,036 (±$14,276) | Not measurably different |
| Lone Pine Township | 7.4 mi | $106,429 (±$17,825) | Higher |
| Lawrence Township (Itasca County) | 8.6 mi | $71,250 (±$37,608) | Not measurably different |
| Taconite | 11 mi | $84,375 (±$39,790) | Not measurably different |
| Balsam Township (Itasca County) | 11 mi | $82,292 (±$18,952) | Not measurably different |
Nearby places with a measurably higher figure: Lone Pine Township, MN ($106,429).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Itasca County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 30 (tie) | Wildwood Township | $65,000 (±$18,178) |
| 30 (tie) | Wirt Township | $65,000 (±$10,361) |
| 32 | Spang Township | $64,167 (±$12,356) |
| 33 | Bovey | $64,083 (±$6,650) |
| 34 | Goodland Township | $63,958 (±$15,882) |
| 35 | Grand Rapids | $61,029 (±$8,215) |
| 36 | Nashwauk Township | $60,192 (±$13,330) |
| 37 | Squaw Lake | $60,000 (±$20,880) |
| 38 | Warba | $59,688 (±$11,763) |
| 39 (tie) | Alvwood Township | $59,375 (±$17,553) |
| 39 (tie) | Sago Township | $59,375 (±$6,737) |
| 41 | Good Hope Township (Itasca County) | $56,250 (±$31,494) |
| 42 | Lake Jessie Township | $53,750 (±$9,787) |
Showing 13 of 50 places in Itasca County, ranked from highest to lowest.
The figures for Nashwauk Township include the places inside it that have pages of their own: Nashwauk.
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 Nashwauk Township
What is the median household income in Nashwauk Township?
The median household income in Nashwauk Township is $60,192 (±$13,330) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Nashwauk Township?
About $30,100 a year, if rent is to stay at or below 30% of income at the median gross rent of $752 a month.
Have incomes in Nashwauk Township kept up with inflation?
In Nashwauk Township, the median household income went from $60,944 in 2015–2019 to $60,192 in 2020–2024 (−1.2%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
What do renters earn in Nashwauk Township?
The median renting household in Nashwauk Township, MN earns $18,125 (±$13,486) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Nashwauk township, Itasca County, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Nashwauk township, Itasca County, Minnesota
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Nashwauk township, Itasca County, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Nashwauk township, Itasca County, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Nashwauk township, Itasca County, Minnesota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Nashwauk township, Itasca 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 Nashwauk township, Itasca County, Minnesota (county subdivision:44998, in state:27 county:061).
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 Nashwauk Township at a glance
- Renters and owners in Nashwauk Township
- Home values in Nashwauk Township
- Homeowner costs in Nashwauk Township
- Property taxes in Nashwauk Township
- Types of homes in Nashwauk Township
- Bedrooms in Nashwauk Township
- Age of homes in Nashwauk Township
- Heating fuel in Nashwauk Township
- Commute and cars in Nashwauk Township
- Population growth in Nashwauk Township
- How long people stay in Nashwauk Township
- Minnesota landlord and tenant rules
- Housing across Itasca County
- Minnesota places ranked by median household income
- Housing data for every place in Minnesota