What is the median household income in Lake Township (Ashland County), OH?
The median household income in Lake Township (Ashland County), OH is $103,250 (±$48,369) a year (2020–2024 American Community Survey).
In Lake Township (Ashland County), the median household income went from $67,368 in 2015–2019 to $103,250 in 2020–2024 (+53.3%).
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
- $103,250 (±$48,369)
- Median renter income
- $25,556 (±$19,366)
Income in Lake Township (Ashland County) against Ashland County, its state and the nation
| Lake Township (Ashland County) | Ashland County | Ohio | United States | |
|---|---|---|---|---|
| Median household income | $103,250 (±$48,369) | $69,860 (±$4,887) | $71,389 (±$321) | $80,734 |
| Median renter household income | $25,556 (±$19,366) | $38,675 (±$3,787) | $42,829 (±$325) | $52,966 |
| Median owner household income | $114,000 (±$44,648) | $79,884 (±$3,864) | $90,122 (±$343) | $100,009 |
| Median gross rent | — | $888 (±$37) | $1,034 (±$5) | $1,413 |
In Lake Township (Ashland County), median household income is not measurably different from Ashland County ($69,860).
It is not measurably different from Ohio ($71,389).
It is not measurably different from the national figure ($80,734).
In Ashland County, Lake Township (Ashland County) ranks 1 of 25 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 289 of 2,325.
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 | $67,368 (±$26,115) | $103,250 (±$48,369) | +53.3% | No measurable change after inflation |
| Median home value | $215,300 (±$40,778) | $255,600 (±$170,387) | +18.7% | 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 Lake Township (Ashland County)
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Lake Township (Ashland County) | — | $103,250 (±$48,369) | — |
| Mohican Township | 4.4 mi | $83,289 (±$10,572) | Not measurably different |
| Washington Township (Holmes County) | 5.0 mi | $80,086 (±$28,804) | Not measurably different |
| Loudonville | 5.5 mi | $56,005 (±$13,566) | Not measurably different |
| Green Township (Ashland County) | 5.7 mi | $64,038 (±$15,512) | Not measurably different |
| Clinton Township (Wayne County) | 6.1 mi | $72,336 (±$8,992) | Not measurably different |
| Hayesville | 6.9 mi | $76,250 (±$50,067) | Not measurably different |
| Vermillion Township | 7.2 mi | $67,614 (±$15,922) | Not measurably different |
| Jeromesville | 7.3 mi | $68,750 (±$15,448) | 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 Ashland County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Lake Township (Ashland County) | $103,250 (±$48,369) |
| 2 | Montgomery Township (Ashland County) | $99,979 (±$15,872) |
| 3 | Mifflin Township (Ashland County) | $91,393 (±$16,905) |
| 4 | Orange Township (Ashland County) | $91,130 (±$10,087) |
| 5 | Troy Township (Ashland County) | $88,075 (±$17,014) |
| 6 | Mohican Township | $83,289 (±$10,572) |
| 7 | Jackson Township (Ashland County) | $79,172 (±$21,963) |
Showing 7 of 25 places in Ashland 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 Lake Township (Ashland County)
What is the median household income in Lake Township (Ashland County)?
The median household income in Lake Township (Ashland County) is $103,250 (±$48,369) a year (2020–2024 American Community Survey).
Have incomes in Lake Township (Ashland County) kept up with inflation?
In Lake Township (Ashland County), the median household income went from $67,368 in 2015–2019 to $103,250 in 2020–2024 (+53.3%).
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 Lake Township (Ashland County)?
The median renting household in Lake Township (Ashland County), OH earns $25,556 (±$19,366) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Lake township, Ashland County, Ohio
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lake township, Ashland County, Ohio
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake township, Ashland County, Ohio
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Lake township, Ashland County, Ohio
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake township, Ashland County, Ohio
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lake township, Ashland County, Ohio
- 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 Lake township, Ashland County, Ohio (county subdivision:41272, in state:39 county:005).
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 Lake Township (Ashland County) at a glance
- Property taxes in Lake Township (Ashland County)
- Types of homes in Lake Township (Ashland County)
- Age of homes in Lake Township (Ashland County)
- Commute and cars in Lake Township (Ashland County)
- Ohio landlord and tenant rules
- Housing across Ashland County
- Ohio places ranked by median household income
- Housing data for every place in Ohio