What is the median household income in Todd Township, MN?
The median household income in Todd Township, MN is $86,842 (±$5,365) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,446 a month would take about $57,800 a year at the common guideline of spending no more than 30% of income on rent.
In Todd Township, the median household income went from $55,000 in 2015–2019 to $86,842 in 2020–2024 (+57.9%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median household income
- $86,842 (±$5,365)
- Median renter income
- $49,375 (±$25,478)
- Income to afford median rent
- about $57,800
Income in Todd Township against Hubbard County, its state and the nation
| Todd Township | Hubbard County | Minnesota | United States | |
|---|---|---|---|---|
| Median household income | $86,842 (±$5,365) | $71,995 (±$2,136) | $89,062 (±$409) | $80,734 |
| Median renter household income | $49,375 (±$25,478) | $37,873 (±$8,943) | $51,080 (±$531) | $52,966 |
| Median owner household income | $88,542 (±$4,532) | $80,345 (±$3,080) | $108,214 (±$476) | $100,009 |
| Median gross rent | $1,446 (±$437) | $905 (±$149) | $1,280 (±$7) | $1,413 |
In Todd Township, median household income is higher than in Hubbard County ($71,995).
It is not measurably different from Minnesota ($89,062).
It is higher than the national figure ($80,734).
In Hubbard County, Todd Township ranks 8 of 31 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1181 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 Todd Township
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 $1,446 a month ($17,352 a year) needs an income of about $57,800 a year.
The median renting household in Todd Township earns $49,375 a year, less than that.
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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $55,000 (±$6,959) | $86,842 (±$5,365) | +57.9% | Up after inflation |
| Median gross rent | $862 (±$25) | $1,446 (±$437) | +67.7% | No measurable change after inflation |
| Median home value | $180,900 (±$11,319) | $294,400 (±$33,826) | +62.7% | 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 Todd Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Todd Township | — | $86,842 (±$5,365) | — |
| Park Rapids | 3.2 mi | $44,747 (±$8,052) | Lower |
| Arago Township | 5.0 mi | $84,375 (±$12,720) | Not measurably different |
| Osage Township | 5.0 mi | $64,000 (±$9,323) | Lower |
| Straight River Township | 7.0 mi | $78,250 (±$7,868) | Not measurably different |
| Henrietta Township | 7.2 mi | $72,500 (±$13,551) | Not measurably different |
| Two Inlets Township | 8.2 mi | $76,250 (±$10,263) | Not measurably different |
| Green Valley Township | 8.9 mi | $94,028 (±$10,488) | Not measurably different |
| Hubbard Township (Hubbard County) | 9.3 mi | $81,838 (±$5,485) | Not measurably different |
Nearby places with a measurably lower figure: Park Rapids, MN ($44,747), Osage Township, MN ($64,000).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Hubbard County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 2 | Rockwood Township (Hubbard County) | $103,542 (±$13,677) |
| 3 | Lake Emma Township | $100,521 (±$19,198) |
| 4 | Helga Township | $98,500 (±$10,477) |
| 5 | Steamboat River Township | $91,250 (±$56,997) |
| 6 | Clay Township | $89,583 (±$59,001) |
| 7 | Hart Lake Township | $88,750 (±$13,508) |
| 8 | Todd Township | $86,842 (±$5,365) |
| 9 | Clover Township (Hubbard County) | $86,250 (±$52,382) |
| 10 | Crow Wing Lake Township | $85,938 (±$13,291) |
| 11 | Mantrap Township | $85,603 (±$4,295) |
| 12 | Arago Township | $84,375 (±$12,720) |
| 13 | Lake George Township (Hubbard County) | $82,813 (±$24,242) |
| 14 | Hubbard Township (Hubbard County) | $81,838 (±$5,485) |
Showing 13 of 31 places in Hubbard 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 Todd Township
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Questions about Todd Township
What is the median household income in Todd Township?
The median household income in Todd Township is $86,842 (±$5,365) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Todd Township?
About $57,800 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,446 a month.
Have incomes in Todd Township kept up with inflation?
In Todd Township, the median household income went from $55,000 in 2015–2019 to $86,842 in 2020–2024 (+57.9%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
What do renters earn in Todd Township?
The median renting household in Todd Township, MN earns $49,375 (±$25,478) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Todd township, Hubbard County, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Todd township, Hubbard County, Minnesota
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Todd township, Hubbard County, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Todd township, Hubbard County, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Todd township, Hubbard County, Minnesota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Todd township, Hubbard 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 Todd township, Hubbard County, Minnesota (county subdivision:65038, in state:27 county:057).
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 Todd Township at a glance
- Renters and owners in Todd Township
- Home values in Todd Township
- Homeowner costs in Todd Township
- Property taxes in Todd Township
- Types of homes in Todd Township
- Bedrooms in Todd Township
- Age of homes in Todd Township
- Heating fuel in Todd Township
- Commute and cars in Todd Township
- Population growth in Todd Township
- How long people stay in Todd Township
- Minnesota landlord and tenant rules
- Housing across Hubbard County
- Minnesota places ranked by median household income
- Housing data for every place in Minnesota