What is the median household income in Pickerel Lake Township, MN?

The median household income in Pickerel Lake Township, MN is $81,750 (±$22,417) a year (2020–2024 American Community Survey).

Paying the median gross rent of $489 a month would take about $19,600 a year at the common guideline of spending no more than 30% of income on rent.

In Pickerel Lake Township, the median household income went from $71,875 in 2015–2019 to $81,750 in 2020–2024 (+13.7%).

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
$81,750 (±$22,417)
Median renter income
$36,000 (±$23,435)
Income to afford median rent
about $19,600

Income in Pickerel Lake Township against Freeborn County, its state and the nation

Income, estimate (90% margin of error)
Pickerel Lake TownshipFreeborn CountyMinnesotaUnited States
Median household income$81,750 (±$22,417)$71,023 (±$1,725)$89,062 (±$409)$80,734
Median renter household income$36,000 (±$23,435)$34,531 (±$2,560)$51,080 (±$531)$52,966
Median owner household income$90,938 (±$26,810)$79,415 (±$3,108)$108,214 (±$476)$100,009
Median gross rent$489 (±$272)$849 (±$50)$1,280 (±$7)$1,413

In Pickerel Lake Township, median household income is not measurably different from Freeborn County ($71,023).

It is not measurably different from Minnesota ($89,062).

It is not measurably different from the national figure ($80,734).

In Freeborn County, Pickerel Lake Township ranks 16 of 34 places with a published estimate, from highest to lowest median household income.

Statewide, it ranks 1383 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 Pickerel Lake 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 $489 a month ($5,868 a year) needs an income of about $19,600 a year.

The median renting household in Pickerel Lake Township earns $36,000 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$71,875 (±$14,257)$81,750 (±$22,417)+13.7%No measurable change after inflation
Median home value$197,700 (±$37,069)$312,300 (±$48,225)+58.0%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 Pickerel Lake Township

Nearest places with a published estimate, compared with Pickerel Lake Township
PlaceDistanceMedian household incomeCompared with this place
Pickerel Lake Township—$81,750 (±$22,417)—
Conger2.6 mi$66,250 (±$38,734)Not measurably different
Twin Lakes5.1 mi$55,089 (±$24,768)Not measurably different
Alden5.6 mi$73,250 (±$14,293)Not measurably different
Nunda Township5.7 mi$109,167 (±$19,774)Not measurably different
Albert Lea6.0 mi$64,603 (±$5,663)Not measurably different
Manchester Township6.4 mi$85,000 (±$14,660)Not measurably different
Albert Lea Township6.5 mi$75,000 (±$18,859)Not measurably different
Alden Township (Freeborn County)6.5 mi$74,286 (±$21,102)Not measurably different

None of the nearby places differs measurably from this one on this figure.

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median household income across Freeborn County, place by place

RankPlaceMedian household income
10Mansfield Township$90,156 (±$20,935)
11Moscow Township$87,143 (±$20,857)
12Hartland$86,250 (±$36,795)
13Manchester Township$85,000 (±$14,660)
14 (tie)Carlston Township$82,188 (±$14,975)
14 (tie)Freeborn Township$82,188 (±$4,751)
16Pickerel Lake Township$81,750 (±$22,417)
17Geneva Township$78,125 (±$12,458)
18Albert Lea Township$75,000 (±$18,859)
19 (tie)Alden Township (Freeborn County)$74,286 (±$21,102)
19 (tie)London Township$74,286 (±$13,024)
21Clarks Grove$73,750 (±$9,454)
22Alden$73,250 (±$14,293)

Showing 13 of 34 places in Freeborn 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 Pickerel Lake 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 Pickerel Lake Township beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Pickerel Lake 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 Pickerel Lake Township, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Pickerel Lake Township

What is the median household income in Pickerel Lake Township?

The median household income in Pickerel Lake Township is $81,750 (±$22,417) a year (2020–2024 American Community Survey).

How much do you need to make to afford rent in Pickerel Lake Township?

About $19,600 a year, if rent is to stay at or below 30% of income at the median gross rent of $489 a month.

Have incomes in Pickerel Lake Township kept up with inflation?

In Pickerel Lake Township, the median household income went from $71,875 in 2015–2019 to $81,750 in 2020–2024 (+13.7%).

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 Pickerel Lake Township?

The median renting household in Pickerel Lake Township, MN earns $36,000 (±$23,435) 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 Pickerel Lake township, Freeborn County, Minnesota (county subdivision:50722, in state:27 county:047).

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