What is the median household income in Nevis, MN?
The median household income in Nevis, MN is $60,268 (±$14,454) a year (2020–2024 American Community Survey).
Paying the median gross rent of $595 a month would take about $23,800 a year at the common guideline of spending no more than 30% of income on rent.
In Nevis, the median household income went from $42,679 in 2015–2019 to $60,268 in 2020–2024 (+41.2%).
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
- $60,268 (±$14,454)
- Median renter income
- $17,125 (±$6,967)
- Income to afford median rent
- about $23,800
Income in Nevis against Hubbard County, its state and the nation
| Nevis | Hubbard County | Minnesota | United States | |
|---|---|---|---|---|
| Median household income | $60,268 (±$14,454) | $71,995 (±$2,136) | $89,062 (±$409) | $80,734 |
| Median renter household income | $17,125 (±$6,967) | $37,873 (±$8,943) | $51,080 (±$531) | $52,966 |
| Median owner household income | $73,750 (±$28,608) | $80,345 (±$3,080) | $108,214 (±$476) | $100,009 |
| Median gross rent | $595 (±$161) | $905 (±$149) | $1,280 (±$7) | $1,413 |
In Nevis, median household income is not measurably different from Hubbard County ($71,995).
It is also lower than in Minnesota ($89,062).
It is lower than the national figure ($80,734).
In Hubbard County, Nevis ranks 27 of 31 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 2165 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 Nevis
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 $595 a month ($7,140 a year) needs an income of about $23,800 a year.
The median renting household in Nevis earns $17,125 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 | $42,679 (±$9,667) | $60,268 (±$14,454) | +41.2% | No measurable change after inflation |
| Median gross rent | $716 (±$73) | $595 (±$161) | −16.9% | Down after inflation |
| Median home value | $97,500 (±$24,349) | $182,000 (±$35,476) | +86.7% | 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 Nevis
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Nevis | — | $60,268 (±$14,454) | — |
| Nevis Township | 3.1 mi | $69,500 (±$5,250) | Not measurably different |
| Mantrap Township | 3.9 mi | $85,603 (±$4,295) | Higher |
| Akeley | 5.9 mi | $44,000 (±$18,977) | Not measurably different |
| White Oak Township | 6.0 mi | $70,156 (±$16,151) | Not measurably different |
| Henrietta Township | 6.0 mi | $72,500 (±$13,551) | Not measurably different |
| Akeley Township | 6.4 mi | $66,696 (±$22,247) | Not measurably different |
| Lake Emma Township | 7.0 mi | $100,521 (±$19,198) | Higher |
| Crow Wing Lake Township | 8.4 mi | $85,938 (±$13,291) | Higher |
Nearby places with a measurably higher figure: Mantrap Township, MN ($85,603), Lake Emma Township, MN ($100,521), Crow Wing Lake Township, MN ($85,938).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Hubbard County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 21 | Farden Township | $72,328 (±$7,014) |
| 22 | Guthrie Township | $71,250 (±$12,504) |
| 23 | White Oak Township | $70,156 (±$16,151) |
| 24 | Nevis Township | $69,500 (±$5,250) |
| 25 | Akeley Township | $66,696 (±$22,247) |
| 26 | Lake Hattie Township | $61,563 (±$42,996) |
| 27 | Nevis | $60,268 (±$14,454) |
| 28 | Fern Township | $58,194 (±$13,455) |
| 29 | Park Rapids | $44,747 (±$8,052) |
| 30 | Laporte | $44,375 (±$37,842) |
| 31 | Akeley | $44,000 (±$18,977) |
Showing 11 of 31 places in Hubbard 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 Nevis
What is the median household income in Nevis?
The median household income in Nevis is $60,268 (±$14,454) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Nevis?
About $23,800 a year, if rent is to stay at or below 30% of income at the median gross rent of $595 a month.
Have incomes in Nevis kept up with inflation?
In Nevis, the median household income went from $42,679 in 2015–2019 to $60,268 in 2020–2024 (+41.2%).
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 Nevis?
The median renting household in Nevis, MN earns $17,125 (±$6,967) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Nevis city, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Nevis city, Minnesota
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Nevis city, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Nevis city, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Nevis city, Minnesota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Nevis city, 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 Nevis city, Minnesota (place:45340, in state:27).
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 Nevis at a glance
- Renters and owners in Nevis
- Home values in Nevis
- Homeowner costs in Nevis
- Types of homes in Nevis
- Bedrooms in Nevis
- Age of homes in Nevis
- Heating fuel in Nevis
- Commute and cars in Nevis
- How long people stay in Nevis
- Minnesota landlord and tenant rules
- Housing across Hubbard County
- Minnesota places ranked by median household income
- Housing data for every place in Minnesota