What is the median household income in Spring Valley Township, MN?
The median household income in Spring Valley Township, MN is $92,000 (±$17,957) a year (2020–2024 American Community Survey).
In Spring Valley Township, the median household income went from $101,042 in 2015–2019 to $92,000 in 2020–2024 (−8.9%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- Median household income
- $92,000 (±$17,957)
Income in Spring Valley Township against Fillmore County, its state and the nation
| Spring Valley Township | Fillmore County | Minnesota | United States | |
|---|---|---|---|---|
| Median household income | $92,000 (±$17,957) | $77,512 (±$2,727) | $89,062 (±$409) | $80,734 |
| Median renter household income | — | $39,925 (±$4,787) | $51,080 (±$531) | $52,966 |
| Median owner household income | $95,000 (±$23,984) | $87,980 (±$3,597) | $108,214 (±$476) | $100,009 |
| Median gross rent | — | $797 (±$32) | $1,280 (±$7) | $1,413 |
In Spring Valley Township, median household income is not measurably different from Fillmore County ($77,512).
It is not measurably different from Minnesota ($89,062).
It is not measurably different from the national figure ($80,734).
In Fillmore County, Spring Valley Township ranks 11 of 37 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 977 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 | $101,042 (±$20,421) | $92,000 (±$17,957) | −8.9% | Down after inflation |
| Median home value | $279,900 (±$31,558) | $356,600 (±$45,772) | +27.4% | 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 Spring Valley Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Spring Valley Township | — | $92,000 (±$17,957) | — |
| Spring Valley | 2.7 mi | $66,339 (±$11,378) | Lower |
| Sumner Township | 5.2 mi | $86,667 (±$39,357) | Not measurably different |
| Racine | 5.9 mi | $97,788 (±$6,892) | Not measurably different |
| Wykoff | 5.9 mi | $65,446 (±$9,315) | Lower |
| Frankford Township | 6.0 mi | $121,250 (±$20,326) | Higher |
| Bloomfield Township | 6.2 mi | $113,375 (±$15,505) | Not measurably different |
| Fillmore Township | 7.2 mi | $100,625 (±$29,295) | Not measurably different |
| Racine Township | 7.7 mi | $128,529 (±$11,183) | Higher |
Nearby places with a measurably lower figure: Spring Valley, MN ($66,339), Wykoff, MN ($65,446).
Nearby places with a measurably higher figure: Frankford Township, MN ($121,250), Racine Township, MN ($128,529).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Fillmore County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 5 | Chatfield Township | $102,188 (±$18,832) |
| 6 | Fillmore Township | $100,625 (±$29,295) |
| 7 | Harmony Township | $100,313 (±$12,639) |
| 8 (tie) | Jordan Township | $97,917 (±$40,277) |
| 8 (tie) | Pilot Mound Township | $97,917 (±$18,509) |
| 10 | Chatfield | $96,078 (±$11,424) |
| 11 | Spring Valley Township | $92,000 (±$17,957) |
| 12 | Preston Township | $91,250 (±$18,018) |
| 13 | Arendahl Township | $86,875 (±$19,408) |
| 14 | Sumner Township | $86,667 (±$39,357) |
| 15 | Amherst Township | $82,625 (±$7,475) |
| 16 | Carrolton Township | $81,875 (±$37,484) |
| 17 | Forestville Township | $81,250 (±$20,996) |
Showing 13 of 37 places in Fillmore 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 Spring Valley Township
What is the median household income in Spring Valley Township?
The median household income in Spring Valley Township is $92,000 (±$17,957) a year (2020–2024 American Community Survey).
Have incomes in Spring Valley Township kept up with inflation?
In Spring Valley Township, the median household income went from $101,042 in 2015–2019 to $92,000 in 2020–2024 (−8.9%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Spring Valley township, Fillmore County, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Spring Valley township, Fillmore County, Minnesota
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Spring Valley township, Fillmore County, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Spring Valley township, Fillmore County, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Spring Valley township, Fillmore County, Minnesota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Spring Valley township, Fillmore 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 Spring Valley township, Fillmore County, Minnesota (county subdivision:62122, in state:27 county:045).
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 Spring Valley Township at a glance
- Home values in Spring Valley Township
- Homeowner costs in Spring Valley Township
- Property taxes in Spring Valley Township
- Types of homes in Spring Valley Township
- Bedrooms in Spring Valley Township
- Age of homes in Spring Valley Township
- Heating fuel in Spring Valley Township
- Commute and cars in Spring Valley Township
- Minnesota landlord and tenant rules
- Housing across Fillmore County
- Minnesota places ranked by median household income
- Housing data for every place in Minnesota