What is the median household income in Silver Creek Township (Wright County), MN?

The median household income in Silver Creek Township (Wright County), MN is $115,872 (±$10,070) a year (2020–2024 American Community Survey).

Paying the median gross rent of $1,146 a month would take about $45,800 a year at the common guideline of spending no more than 30% of income on rent.

In Silver Creek Township (Wright County), the median household income went from $95,500 in 2015–2019 to $115,872 in 2020–2024 (+21.3%).

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
$115,872 (±$10,070)
Median renter income
$52,083 (±$3,680)
Income to afford median rent
about $45,800

Income in Silver Creek Township (Wright County) against Wright County, its state and the nation

Income, estimate (90% margin of error)
Silver Creek Township (Wright County)Wright CountyMinnesotaUnited States
Median household income$115,872 (±$10,070)$107,209 (±$3,135)$89,062 (±$409)$80,734
Median renter household income$52,083 (±$3,680)$60,350 (±$5,243)$51,080 (±$531)$52,966
Median owner household income$116,453 (±$14,989)$119,057 (±$3,211)$108,214 (±$476)$100,009
Median gross rent$1,146 (±$431)$1,288 (±$63)$1,280 (±$7)$1,413

In Silver Creek Township (Wright County), median household income is not measurably different from Wright County ($107,209).

It is also higher than in Minnesota ($89,062).

It is higher than the national figure ($80,734).

In Wright County, Silver Creek Township (Wright County) ranks 9 of 34 places with a published estimate, from highest to lowest median household income.

Statewide, it ranks 289 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 Silver Creek Township (Wright County)

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 $1,146 a month ($13,752 a year) needs an income of about $45,800 a year.

The median renting household in Silver Creek Township (Wright County) earns $52,083 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$95,500 (±$20,090)$115,872 (±$10,070)+21.3%No measurable change after inflation
Median gross rent$1,256 (±$1,120)$1,146 (±$431)−8.8%No measurable change after inflation
Median home value$309,700 (±$25,956)$452,600 (±$29,218)+46.1%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 Silver Creek Township (Wright County)

Nearest places with a published estimate, compared with Silver Creek Township (Wright County)
PlaceDistanceMedian household incomeCompared with this place
Silver Creek Township (Wright County)—$115,872 (±$10,070)—
Becker5.1 mi$86,094 (±$15,546)Lower
Clearwater Township5.2 mi$113,750 (±$30,623)Not measurably different
Maple Lake Township6.2 mi$103,864 (±$26,275)Not measurably different
Corinna Township6.7 mi$87,635 (±$19,231)Lower
Clearwater7.1 mi$91,346 (±$20,573)Lower
Maple Lake7.2 mi$93,750 (±$20,900)Not measurably different
Monticello Township7.2 mi$123,200 (±$12,331)Not measurably different
Clear Lake Township7.6 mi$90,938 (±$22,384)Lower

Nearby places with a measurably lower figure: Becker, MN ($86,094), Corinna Township, MN ($87,635), Clearwater, MN ($91,346).

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

Median household income across Wright County, place by place

RankPlaceMedian household income
3Albertville$132,734 (±$9,930)
4St. Michael$131,274 (±$5,863)
5Monticello Township$123,200 (±$12,331)
6Otsego$119,927 (±$12,286)
7Buffalo Township$118,194 (±$20,171)
8Middleville Township$117,500 (±$23,689)
9Silver Creek Township (Wright County)$115,872 (±$10,070)
10Clearwater Township$113,750 (±$30,623)
11Waverly$112,222 (±$12,661)
12Franklin Township$112,171 (±$14,610)
13Delano$109,946 (±$16,532)
14South Haven$106,250 (±$10,211)
15French Lake Township$104,940 (±$21,085)

Showing 13 of 34 places in Wright 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 Silver Creek Township (Wright County)

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Questions about Silver Creek Township (Wright County)

What is the median household income in Silver Creek Township (Wright County)?

The median household income in Silver Creek Township (Wright County) is $115,872 (±$10,070) a year (2020–2024 American Community Survey).

How much do you need to make to afford rent in Silver Creek Township (Wright County)?

About $45,800 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,146 a month.

Have incomes in Silver Creek Township (Wright County) kept up with inflation?

In Silver Creek Township (Wright County), the median household income went from $95,500 in 2015–2019 to $115,872 in 2020–2024 (+21.3%).

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 Silver Creek Township (Wright County)?

The median renting household in Silver Creek Township (Wright County), MN earns $52,083 (±$3,680) 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 Silver Creek township, Wright County, Minnesota (county subdivision:60340, in state:27 county:171).

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 .

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