What is the median household income in Richardson Township, MN?
The median household income in Richardson Township, MN is $70,625 (±$11,313) a year (2020–2024 American Community Survey).
In Richardson Township, the median household income went from $61,094 in 2015–2019 to $70,625 in 2020–2024 (+15.6%).
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
- $70,625 (±$11,313)
- Median renter income
- $28,438 (±$4,993)
Income in Richardson Township against Morrison County, its state and the nation
| Richardson Township | Morrison County | Minnesota | United States | |
|---|---|---|---|---|
| Median household income | $70,625 (±$11,313) | $69,446 (±$3,808) | $89,062 (±$409) | $80,734 |
| Median renter household income | $28,438 (±$4,993) | $37,700 (±$5,430) | $51,080 (±$531) | $52,966 |
| Median owner household income | $76,875 (±$15,316) | $77,604 (±$3,910) | $108,214 (±$476) | $100,009 |
| Median gross rent | — | $788 (±$75) | $1,280 (±$7) | $1,413 |
In Richardson Township, median household income is not measurably different from Morrison County ($69,446).
It is also lower than in Minnesota ($89,062).
It is not measurably different from the national figure ($80,734).
In Morrison County, Richardson Township ranks 33 of 46 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1824 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 | $61,094 (±$13,182) | $70,625 (±$11,313) | +15.6% | No measurable change after inflation |
| Median home value | $202,000 (±$24,078) | $310,300 (±$25,903) | +53.6% | 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 Richardson Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Richardson Township | — | $70,625 (±$11,313) | — |
| Leigh Township | 5.2 mi | $77,031 (±$22,558) | Not measurably different |
| Pulaski Township | 5.7 mi | $71,250 (±$9,603) | Not measurably different |
| Roosevelt Township (Crow Wing County) | 6.2 mi | $79,167 (±$17,682) | Not measurably different |
| Hillman | 7.8 mi | $53,750 (±$29,335) | Not measurably different |
| Kathio Township | 7.9 mi | $62,692 (±$11,008) | Not measurably different |
| Harding | 8.4 mi | $50,000 (±$49,570) | Not measurably different |
| Bradbury Township | 8.6 mi | $76,625 (±$13,154) | Not measurably different |
| Platte Lake Township | 8.9 mi | $75,417 (±$18,019) | 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 Morrison County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 27 | Swanville Township | $75,625 (±$29,075) |
| 28 | Pike Creek Township | $75,455 (±$10,808) |
| 29 | Culdrum Township | $75,000 (±$17,680) |
| 30 | Green Prairie Township | $74,464 (±$23,433) |
| 31 | Pulaski Township | $71,250 (±$9,603) |
| 32 | Ripley Township (Morrison County) | $70,972 (±$13,515) |
| 33 | Richardson Township | $70,625 (±$11,313) |
| 34 | Lakin Township | $69,583 (±$18,709) |
| 35 | Cushing Township | $67,607 (±$10,037) |
| 36 | Buh Township | $64,167 (±$18,797) |
| 37 | Darling Township | $63,571 (±$18,432) |
| 38 | Swanville | $61,250 (±$18,077) |
| 39 | Randall | $55,859 (±$12,734) |
Showing 13 of 46 places in Morrison 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 Richardson Township
What is the median household income in Richardson Township?
The median household income in Richardson Township is $70,625 (±$11,313) a year (2020–2024 American Community Survey).
Have incomes in Richardson Township kept up with inflation?
In Richardson Township, the median household income went from $61,094 in 2015–2019 to $70,625 in 2020–2024 (+15.6%).
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 Richardson Township?
The median renting household in Richardson Township, MN earns $28,438 (±$4,993) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Richardson township, Morrison County, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Richardson township, Morrison County, Minnesota
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Richardson township, Morrison County, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Richardson township, Morrison County, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Richardson township, Morrison County, Minnesota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Richardson township, Morrison 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 Richardson township, Morrison County, Minnesota (county subdivision:54178, in state:27 county:097).
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 Richardson Township at a glance
- Home values in Richardson Township
- Homeowner costs in Richardson Township
- Property taxes in Richardson Township
- Types of homes in Richardson Township
- Bedrooms in Richardson Township
- Age of homes in Richardson Township
- Heating fuel in Richardson Township
- How long people stay in Richardson Township
- Minnesota landlord and tenant rules
- Housing across Morrison County
- Minnesota places ranked by median household income
- Housing data for every place in Minnesota