What is the median household income in Peace Township, MN?
The median household income in Peace Township, MN is $66,667 (±$10,450) a year (2020–2024 American Community Survey).
In Peace Township, the median household income went from $60,568 in 2015–2019 to $66,667 in 2020–2024 (+10.1%).
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
- $66,667 (±$10,450)
Income in Peace Township against Kanabec County, its state and the nation
| Peace Township | Kanabec County | Minnesota | United States | |
|---|---|---|---|---|
| Median household income | $66,667 (±$10,450) | $71,460 (±$4,011) | $89,062 (±$409) | $80,734 |
| Median renter household income | — | $39,107 (±$5,397) | $51,080 (±$531) | $52,966 |
| Median owner household income | $68,958 (±$11,856) | $79,291 (±$3,848) | $108,214 (±$476) | $100,009 |
| Median gross rent | — | $962 (±$134) | $1,280 (±$7) | $1,413 |
In Peace Township, median household income is not measurably different from Kanabec County ($71,460).
It is also lower than in Minnesota ($89,062).
It is lower than the national figure ($80,734).
In Kanabec County, Peace Township ranks 13 of 19 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1953 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 | $60,568 (±$11,133) | $66,667 (±$10,450) | +10.1% | No measurable change after inflation |
| Median home value | $160,400 (±$9,555) | $245,900 (±$27,696) | +53.3% | 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 Peace Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Peace Township | — | $66,667 (±$10,450) | — |
| Hillman Township (Kanabec County) | 5.1 mi | $63,750 (±$19,500) | Not measurably different |
| Pomroy Township (Kanabec County) | 5.9 mi | $71,250 (±$6,928) | Not measurably different |
| Whited Township | 6.1 mi | $56,063 (±$14,382) | Not measurably different |
| Ford Township | 6.7 mi | $90,000 (±$34,679) | Not measurably different |
| Knife Lake Township | 7.3 mi | $100,568 (±$16,947) | Higher |
| Hay Brook Township | 7.5 mi | $80,417 (±$22,157) | Not measurably different |
| Quamba | 8.4 mi | $50,000 (±$6,191) | Lower |
| Kroschel Township | 8.7 mi | $68,750 (±$19,774) | Not measurably different |
Nearby places with a measurably lower figure: Quamba, MN ($50,000).
Nearby places with a measurably higher figure: Knife Lake Township, MN ($100,568).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Kanabec County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 7 | Ford Township | $90,000 (±$34,679) |
| 8 | Grass Lake Township | $82,188 (±$34,740) |
| 9 | Hay Brook Township | $80,417 (±$22,157) |
| 10 | Arthur Township (Kanabec County) | $72,375 (±$7,451) |
| 11 | Pomroy Township (Kanabec County) | $71,250 (±$6,928) |
| 12 | Kroschel Township | $68,750 (±$19,774) |
| 13 | Peace Township | $66,667 (±$10,450) |
| 14 | Hillman Township (Kanabec County) | $63,750 (±$19,500) |
| 15 | Ann Lake Township | $60,000 (±$18,663) |
| 16 | Whited Township | $56,063 (±$14,382) |
| 17 | Mora | $52,535 (±$16,979) |
| 18 | Ogilvie | $52,500 (±$17,929) |
| 19 | Quamba | $50,000 (±$6,191) |
Showing 13 of 19 places in Kanabec 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 Peace Township
What is the median household income in Peace Township?
The median household income in Peace Township is $66,667 (±$10,450) a year (2020–2024 American Community Survey).
Have incomes in Peace Township kept up with inflation?
In Peace Township, the median household income went from $60,568 in 2015–2019 to $66,667 in 2020–2024 (+10.1%).
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 — Peace township, Kanabec County, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Peace township, Kanabec County, Minnesota
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Peace township, Kanabec County, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Peace township, Kanabec County, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Peace township, Kanabec County, Minnesota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Peace township, Kanabec 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 Peace township, Kanabec County, Minnesota (county subdivision:50002, in state:27 county:065).
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 Peace Township at a glance
- Home values in Peace Township
- Homeowner costs in Peace Township
- Property taxes in Peace Township
- Types of homes in Peace Township
- Bedrooms in Peace Township
- Age of homes in Peace Township
- Heating fuel in Peace Township
- Commute and cars in Peace Township
- How long people stay in Peace Township
- Minnesota landlord and tenant rules
- Housing across Kanabec County
- Minnesota places ranked by median household income
- Housing data for every place in Minnesota