What is the median household income in Rich Valley Township, MN?
The median household income in Rich Valley Township, MN is $95,833 (±$26,954) a year (2020–2024 American Community Survey).
In Rich Valley Township, the median household income went from $75,625 in 2015–2019 to $95,833 in 2020–2024 (+26.7%).
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
- $95,833 (±$26,954)
Income in Rich Valley Township against McLeod County, its state and the nation
| Rich Valley Township | McLeod County | Minnesota | United States | |
|---|---|---|---|---|
| Median household income | $95,833 (±$26,954) | $80,084 (±$3,795) | $89,062 (±$409) | $80,734 |
| Median renter household income | — | $47,459 (±$2,307) | $51,080 (±$531) | $52,966 |
| Median owner household income | $96,667 (±$25,312) | $92,381 (±$5,305) | $108,214 (±$476) | $100,009 |
| Median gross rent | — | $941 (±$58) | $1,280 (±$7) | $1,413 |
In Rich Valley Township, median household income is not measurably different from McLeod County ($80,084).
It is not measurably different from Minnesota ($89,062).
It is not measurably different from the national figure ($80,734).
In McLeod County, Rich Valley Township ranks 15 of 23 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 850 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 | $75,625 (±$13,118) | $95,833 (±$26,954) | +26.7% | No measurable change after inflation |
| Median home value | $256,400 (±$35,302) | $305,500 (±$36,782) | +19.1% | No measurable change 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 Rich Valley Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Rich Valley Township | — | $95,833 (±$26,954) | — |
| Silver Lake | 3.3 mi | $74,432 (±$17,063) | Not measurably different |
| Biscay | 4.1 mi | $138,750 (±$100,773) | Not measurably different |
| Hale Township | 5.2 mi | $110,417 (±$28,570) | Not measurably different |
| Hassan Valley Township | 5.7 mi | $100,875 (±$16,725) | Not measurably different |
| Glencoe Township | 6.3 mi | $115,682 (±$31,895) | Not measurably different |
| Glencoe | 6.5 mi | $71,356 (±$9,849) | Not measurably different |
| Bergen Township | 6.8 mi | $106,125 (±$8,302) | Not measurably different |
| Hutchinson Township | 7.4 mi | $108,750 (±$15,524) | 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 McLeod County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 9 | Winsted Township | $104,375 (±$21,846) |
| 10 | Penn Township | $103,875 (±$5,899) |
| 11 | Lynn Township | $102,500 (±$10,217) |
| 12 | Sumter Township | $101,250 (±$24,881) |
| 13 | Hassan Valley Township | $100,875 (±$16,725) |
| 14 | Lester Prairie | $96,544 (±$12,848) |
| 15 | Rich Valley Township | $95,833 (±$26,954) |
| 16 | Plato | $91,250 (±$16,702) |
| 17 | Round Grove Township | $79,904 (±$13,861) |
| 18 | Brownton | $79,712 (±$11,983) |
| 19 | Silver Lake | $74,432 (±$17,063) |
| 20 | Hutchinson | $72,836 (±$6,151) |
| 21 | Glencoe | $71,356 (±$9,849) |
Showing 13 of 23 places in McLeod 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 Rich Valley Township
What is the median household income in Rich Valley Township?
The median household income in Rich Valley Township is $95,833 (±$26,954) a year (2020–2024 American Community Survey).
Have incomes in Rich Valley Township kept up with inflation?
In Rich Valley Township, the median household income went from $75,625 in 2015–2019 to $95,833 in 2020–2024 (+26.7%).
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 — Rich Valley township, McLeod County, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Rich Valley township, McLeod County, Minnesota
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Rich Valley township, McLeod County, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Rich Valley township, McLeod County, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Rich Valley township, McLeod County, Minnesota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Rich Valley township, McLeod 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 Rich Valley township, McLeod County, Minnesota (county subdivision:54322, in state:27 county:085).
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 Rich Valley Township at a glance
- Home values in Rich Valley Township
- Homeowner costs in Rich Valley Township
- Property taxes in Rich Valley Township
- Types of homes in Rich Valley Township
- Bedrooms in Rich Valley Township
- Age of homes in Rich Valley Township
- Heating fuel in Rich Valley Township
- Commute and cars in Rich Valley Township
- Minnesota landlord and tenant rules
- Housing across McLeod County
- Minnesota places ranked by median household income
- Housing data for every place in Minnesota