What is the median household income in Parke Township, MN?
The median household income in Parke Township, MN is $101,250 (±$10,020) a year (2020–2024 American Community Survey).
In Parke Township, the median household income went from $84,107 in 2015–2019 to $101,250 in 2020–2024 (+20.4%).
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
- $101,250 (±$10,020)
Income in Parke Township against Clay County, its state and the nation
| Parke Township | Clay County | Minnesota | United States | |
|---|---|---|---|---|
| Median household income | $101,250 (±$10,020) | $81,172 (±$2,856) | $89,062 (±$409) | $80,734 |
| Median renter household income | — | $38,244 (±$3,164) | $51,080 (±$531) | $52,966 |
| Median owner household income | $102,500 (±$11,237) | $106,287 (±$3,077) | $108,214 (±$476) | $100,009 |
| Median gross rent | — | $1,019 (±$45) | $1,280 (±$7) | $1,413 |
In Parke Township, median household income is higher than in Clay County ($81,172).
It is also higher than in Minnesota ($89,062).
It is higher than the national figure ($80,734).
In Clay County, Parke Township ranks 22 of 40 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 643 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 | $84,107 (±$11,458) | $101,250 (±$10,020) | +20.4% | No measurable change after inflation |
| Median home value | $293,000 (±$29,861) | $414,900 (±$24,263) | +41.6% | 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 Parke Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Parke Township | — | $101,250 (±$10,020) | — |
| Tansem Township | 5.4 mi | $105,625 (±$29,725) | Not measurably different |
| Cormorant Township | 6.1 mi | $102,813 (±$15,038) | Not measurably different |
| Skree Township | 6.2 mi | $97,250 (±$9,182) | Not measurably different |
| Eglon Township | 6.4 mi | $138,750 (±$23,005) | Higher |
| Lake Park Township | 7.4 mi | $109,583 (±$34,165) | Not measurably different |
| Scambler Township | 8.3 mi | $112,292 (±$17,168) | Not measurably different |
| Hawley Township | 8.4 mi | $116,607 (±$16,648) | Not measurably different |
| Humboldt Township | 8.5 mi | $102,500 (±$32,419) | Not measurably different |
Nearby places with a measurably higher figure: Eglon Township, MN ($138,750).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Clay County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 16 | Elkton Township | $106,250 (±$37,508) |
| 17 | Tansem Township | $105,625 (±$29,725) |
| 18 | Kragnes Township | $104,792 (±$13,813) |
| 19 | Morken Township | $103,750 (±$35,808) |
| 20 | Humboldt Township | $102,500 (±$32,419) |
| 21 (tie) | Keene Township | $101,250 (±$70,484) |
| 21 (tie) | Parke Township | $101,250 (±$10,020) |
| 23 | Highland Grove Township | $99,286 (±$17,022) |
| 24 | Hawley | $99,188 (±$18,297) |
| 25 | Alliance Township | $98,750 (±$26,511) |
| 26 | Barnesville | $97,917 (±$12,101) |
| 27 | Skree Township | $97,250 (±$9,182) |
| 28 | Ulen Township | $97,188 (±$31,645) |
Showing 13 of 40 places in Clay 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 Parke Township
What is the median household income in Parke Township?
The median household income in Parke Township is $101,250 (±$10,020) a year (2020–2024 American Community Survey).
Have incomes in Parke Township kept up with inflation?
In Parke Township, the median household income went from $84,107 in 2015–2019 to $101,250 in 2020–2024 (+20.4%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Parke township, Clay County, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Parke township, Clay County, Minnesota
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Parke township, Clay County, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Parke township, Clay County, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Parke township, Clay County, Minnesota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Parke township, Clay 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 Parke township, Clay County, Minnesota (county subdivision:49678, in state:27 county:027).
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 Parke Township at a glance
- Home values in Parke Township
- Homeowner costs in Parke Township
- Property taxes in Parke Township
- Types of homes in Parke Township
- Age of homes in Parke Township
- Heating fuel in Parke Township
- Commute and cars in Parke Township
- Minnesota landlord and tenant rules
- Housing across Clay County
- Minnesota places ranked by median household income
- Housing data for every place in Minnesota