What is the median household income in Randolph Township, MN?
The median household income in Randolph Township, MN is $154,904 (±$29,533) a year (2020–2024 American Community Survey).
In Randolph Township, the median household income went from $109,500 in 2015–2019 to $154,904 in 2020–2024 (+41.5%).
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
- $154,904 (±$29,533)
- Median renter income
- $88,750 (±$63,631)
Income in Randolph Township against Dakota County, its state and the nation
| Randolph Township | Dakota County | Minnesota | United States | |
|---|---|---|---|---|
| Median household income | $154,904 (±$29,533) | $106,318 (±$1,455) | $89,062 (±$409) | $80,734 |
| Median renter household income | $88,750 (±$63,631) | $60,763 (±$2,526) | $51,080 (±$531) | $52,966 |
| Median owner household income | $157,083 (±$28,158) | $125,301 (±$2,231) | $108,214 (±$476) | $100,009 |
| Median gross rent | — | $1,548 (±$31) | $1,280 (±$7) | $1,413 |
In Randolph Township, median household income is higher than in Dakota County ($106,318).
It is also higher than in Minnesota ($89,062).
It is higher than the national figure ($80,734).
In Dakota County, Randolph Township ranks 2 of 33 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 49 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 | $109,500 (±$12,279) | $154,904 (±$29,533) | +41.5% | No measurable change after inflation |
| Median home value | $364,000 (±$15,797) | $561,600 (±$47,093) | +54.3% | 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 Randolph Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Randolph Township | — | $154,904 (±$29,533) | — |
| Randolph | 2.6 mi | $104,286 (±$15,577) | Lower |
| Stanton Township | 3.2 mi | $129,539 (±$11,533) | Not measurably different |
| Hampton Township | 3.4 mi | $117,250 (±$17,766) | Lower |
| Cannon Falls | 4.1 mi | $84,097 (±$16,604) | Lower |
| Sciota Township | 4.7 mi | $113,750 (±$17,521) | Lower |
| New Trier | 5.1 mi | $73,750 (±$41,638) | Lower |
| Hampton | 5.4 mi | $109,545 (±$6,178) | Lower |
| Douglas Township | 6.1 mi | $101,667 (±$25,022) | Lower |
Nearby places with a measurably lower figure: Randolph, MN ($104,286), Hampton Township, MN ($117,250), Cannon Falls, MN ($84,097).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Dakota County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Sunfish Lake | $236,250 (±$65,798) |
| 2 | Randolph Township | $154,904 (±$29,533) |
| 3 | Empire | $147,700 (±$19,256) |
| 4 | Lakeville | $139,041 (±$6,972) |
| 5 | Castle Rock Township | $132,917 (±$24,171) |
| 6 | Mendota Heights | $132,768 (±$14,687) |
| 7 | Ravenna Township | $131,304 (±$8,491) |
| 8 | Rosemount | $129,625 (±$10,208) |
Showing 8 of 33 places in Dakota 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 Randolph Township
What is the median household income in Randolph Township?
The median household income in Randolph Township is $154,904 (±$29,533) a year (2020–2024 American Community Survey).
Have incomes in Randolph Township kept up with inflation?
In Randolph Township, the median household income went from $109,500 in 2015–2019 to $154,904 in 2020–2024 (+41.5%).
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 Randolph Township?
The median renting household in Randolph Township, MN earns $88,750 (±$63,631) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Randolph township, Dakota County, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Randolph township, Dakota County, Minnesota
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Randolph township, Dakota County, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Randolph township, Dakota County, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Randolph township, Dakota County, Minnesota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Randolph township, Dakota 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 Randolph township, Dakota County, Minnesota (county subdivision:53116, in state:27 county:037).
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 Randolph Township at a glance
- Home values in Randolph Township
- Homeowner costs in Randolph Township
- Property taxes in Randolph Township
- Types of homes in Randolph Township
- Bedrooms in Randolph Township
- Age of homes in Randolph Township
- Heating fuel in Randolph Township
- Commute and cars in Randolph Township
- How long people stay in Randolph Township
- Minnesota landlord and tenant rules
- Housing across Dakota County
- Minnesota places ranked by median household income
- Housing data for every place in Minnesota