What is the median household income in Victor Township, MN?
The median household income in Victor Township, MN is $87,946 (±$18,978) a year (2020–2024 American Community Survey).
In Victor Township, the median household income went from $86,563 in 2015–2019 to $87,946 in 2020–2024 (+1.6%).
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
- $87,946 (±$18,978)
Income in Victor Township against Wright County, its state and the nation
| Victor Township | Wright County | Minnesota | United States | |
|---|---|---|---|---|
| Median household income | $87,946 (±$18,978) | $107,209 (±$3,135) | $89,062 (±$409) | $80,734 |
| Median renter household income | — | $60,350 (±$5,243) | $51,080 (±$531) | $52,966 |
| Median owner household income | $89,643 (±$25,847) | $119,057 (±$3,211) | $108,214 (±$476) | $100,009 |
| Median gross rent | — | $1,288 (±$63) | $1,280 (±$7) | $1,413 |
In Victor Township, median household income is lower than in Wright County ($107,209).
It is not measurably different from Minnesota ($89,062).
It is not measurably different from the national figure ($80,734).
In Wright County, Victor Township ranks 28 of 34 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1136 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 | $86,563 (±$10,309) | $87,946 (±$18,978) | +1.6% | No measurable change after inflation |
| Median home value | $274,000 (±$25,495) | $377,400 (±$31,943) | +37.7% | 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 Victor Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Victor Township | — | $87,946 (±$18,978) | — |
| Howard Lake | 3.4 mi | $92,188 (±$30,024) | Not measurably different |
| Winsted | 3.7 mi | $67,200 (±$19,410) | Not measurably different |
| Winsted Township | 5.1 mi | $104,375 (±$21,846) | Not measurably different |
| Stockholm Township | 5.4 mi | $101,250 (±$25,738) | Not measurably different |
| Woodland Township | 5.8 mi | $96,563 (±$16,284) | Not measurably different |
| Waverly | 6.8 mi | $112,222 (±$12,661) | Higher |
| Cokato | 7.1 mi | $70,288 (±$14,654) | Not measurably different |
| Middleville Township | 7.5 mi | $117,500 (±$23,689) | Not measurably different |
Nearby places with a measurably higher figure: Waverly, MN ($112,222).
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
| Rank | Place | Median household income |
|---|---|---|
| 22 | Rockford | $94,162 (±$17,361) |
| 23 | Maple Lake | $93,750 (±$20,900) |
| 24 | Rockford Township | $93,378 (±$30,564) |
| 25 | Howard Lake | $92,188 (±$30,024) |
| 26 | Clearwater | $91,346 (±$20,573) |
| 27 | Buffalo | $88,820 (±$5,708) |
| 28 | Victor Township | $87,946 (±$18,978) |
| 29 | Corinna Township | $87,635 (±$19,231) |
| 30 | Cokato Township | $86,667 (±$20,094) |
| 31 | Southside Township | $81,429 (±$11,639) |
| 32 | Monticello | $79,534 (±$7,248) |
| 33 | Cokato | $70,288 (±$14,654) |
| 34 | Annandale | $65,583 (±$29,849) |
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.
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Questions about Victor Township
What is the median household income in Victor Township?
The median household income in Victor Township is $87,946 (±$18,978) a year (2020–2024 American Community Survey).
Have incomes in Victor Township kept up with inflation?
In Victor Township, the median household income went from $86,563 in 2015–2019 to $87,946 in 2020–2024 (+1.6%).
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 — Victor township, Wright County, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Victor township, Wright County, Minnesota
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Victor township, Wright County, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Victor township, Wright County, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Victor township, Wright County, Minnesota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Victor township, Wright 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 Victor township, Wright County, Minnesota (county subdivision:67018, 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.
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 Victor Township at a glance
- Home values in Victor Township
- Homeowner costs in Victor Township
- Property taxes in Victor Township
- Types of homes in Victor Township
- Age of homes in Victor Township
- Heating fuel in Victor Township
- Commute and cars in Victor Township
- Minnesota landlord and tenant rules
- Housing across Wright County
- Minnesota places ranked by median household income
- Housing data for every place in Minnesota