What is the median household income in Lake Township (Stark County), OH?
The median household income in Lake Township (Stark County), OH is $101,402 (±$6,905) a year (2020–2024 American Community Survey).
Paying the median gross rent of $959 a month would take about $38,400 a year at the common guideline of spending no more than 30% of income on rent.
In Lake Township (Stark County), the median household income went from $79,984 in 2015–2019 to $101,402 in 2020–2024 (+26.8%).
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
- $101,402 (±$6,905)
- Median renter income
- $42,549 (±$6,708)
- Income to afford median rent
- about $38,400
Income in Lake Township (Stark County) against Stark County, its state and the nation
| Lake Township (Stark County) | Stark County | Ohio | United States | |
|---|---|---|---|---|
| Median household income | $101,402 (±$6,905) | $67,934 (±$1,289) | $71,389 (±$321) | $80,734 |
| Median renter household income | $42,549 (±$6,708) | $39,074 (±$1,984) | $42,829 (±$325) | $52,966 |
| Median owner household income | $113,926 (±$6,157) | $83,810 (±$1,811) | $90,122 (±$343) | $100,009 |
| Median gross rent | $959 (±$30) | $909 (±$12) | $1,034 (±$5) | $1,413 |
In Lake Township (Stark County), median household income is higher than in Stark County ($67,934).
It is also higher than in Ohio ($71,389).
It is higher than the national figure ($80,734).
In Stark County, Lake Township (Stark County) ranks 3 of 41 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 308 of 2,325.
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 Lake Township (Stark 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 $959 a month ($11,508 a year) needs an income of about $38,400 a year.
The median renting household in Lake Township (Stark County) earns $42,549 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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $79,984 (±$5,553) | $101,402 (±$6,905) | +26.8% | No measurable change after inflation |
| Median gross rent | $774 (±$29) | $959 (±$30) | +23.9% | No measurable change after inflation |
| Median home value | $181,600 (±$6,256) | $271,900 (±$12,285) | +49.7% | 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 Lake Township (Stark County)
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Lake Township (Stark County) | — | $101,402 (±$6,905) | — |
| Hartville | 1.6 mi | $69,648 (±$16,552) | Lower |
| Uniontown | 2.7 mi | $93,393 (±$14,146) | Not measurably different |
| Greentown | 2.7 mi | $114,355 (±$25,384) | Not measurably different |
| Middlebranch | 3.5 mi | $99,959 (±$32,018) | Not measurably different |
| Suffield | 4.9 mi | $61,667 (±$30,673) | Lower |
| Plain Township (Stark County) | 5.2 mi | $74,848 (±$3,089) | Lower |
| North Canton | 5.3 mi | $72,544 (±$5,531) | Lower |
| Suffield Township | 5.6 mi | $81,250 (±$17,526) | Lower |
Nearby places with a measurably lower figure: Hartville, OH ($69,648), Suffield, OH ($61,667), Plain Township (Stark County), OH ($74,848).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Stark County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Hills and Dales | $181,250 (±$55,108) |
| 2 | Greentown | $114,355 (±$25,384) |
| 3 | Lake Township (Stark County) | $101,402 (±$6,905) |
| 4 | Middlebranch | $99,959 (±$32,018) |
| 5 | Jackson Township (Stark County) | $93,927 (±$3,449) |
| 6 | Uniontown | $93,393 (±$14,146) |
| 7 | Nimishillen Township | $91,769 (±$8,025) |
| 8 | Marlboro Township (Stark County) | $90,198 (±$14,503) |
| 9 | Tuscarawas Township (Stark County) | $87,150 (±$7,789) |
Showing 9 of 41 places in Stark 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 Lake Township (Stark County)
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Questions about Lake Township (Stark County)
What is the median household income in Lake Township (Stark County)?
The median household income in Lake Township (Stark County) is $101,402 (±$6,905) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Lake Township (Stark County)?
About $38,400 a year, if rent is to stay at or below 30% of income at the median gross rent of $959 a month.
Have incomes in Lake Township (Stark County) kept up with inflation?
In Lake Township (Stark County), the median household income went from $79,984 in 2015–2019 to $101,402 in 2020–2024 (+26.8%).
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 (Stark County)?
The median renting household in Lake Township (Stark County), OH earns $42,549 (±$6,708) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Lake township, Stark County, Ohio
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lake township, Stark County, Ohio
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake township, Stark County, Ohio
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Lake township, Stark County, Ohio
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake township, Stark County, Ohio
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lake township, Stark 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, Stark County, Ohio (county subdivision:41314, in state:39 county:151).
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
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- Home values in Lake Township (Stark County)
- Homeowner costs in Lake Township (Stark County)
- Property taxes in Lake Township (Stark County)
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- Age of homes in Lake Township (Stark County)
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- Population growth in Lake Township (Stark County)
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- Crowding and facilities in Lake Township (Stark County)
- Ohio landlord and tenant rules
- Housing across Stark County
- Ohio places ranked by median household income
- Housing data for every place in Ohio