What is the median household income in Margaretta Township, OH?
The median household income in Margaretta Township, OH is $78,333 (±$7,444) a year (2020–2024 American Community Survey).
Paying the median gross rent of $846 a month would take about $33,800 a year at the common guideline of spending no more than 30% of income on rent.
In Margaretta Township, the median household income went from $53,376 in 2015–2019 to $78,333 in 2020–2024 (+46.8%).
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
- $78,333 (±$7,444)
- Median renter income
- $46,719 (±$20,746)
- Income to afford median rent
- about $33,800
Income in Margaretta Township against Erie County, its state and the nation
| Margaretta Township | Erie County | Ohio | United States | |
|---|---|---|---|---|
| Median household income | $78,333 (±$7,444) | $71,993 (±$3,166) | $71,389 (±$321) | $80,734 |
| Median renter household income | $46,719 (±$20,746) | $43,131 (±$5,816) | $42,829 (±$325) | $52,966 |
| Median owner household income | $85,511 (±$11,469) | $87,699 (±$4,630) | $90,122 (±$343) | $100,009 |
| Median gross rent | $846 (±$274) | $933 (±$23) | $1,034 (±$5) | $1,413 |
In Margaretta Township, median household income is not measurably different from Erie County ($71,993).
It is not measurably different from Ohio ($71,389).
It is not measurably different from the national figure ($80,734).
In Erie County, Margaretta Township ranks 11 of 17 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 858 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 Margaretta 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 $846 a month ($10,152 a year) needs an income of about $33,800 a year.
The median renting household in Margaretta Township earns $46,719 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 | $53,376 (±$3,941) | $78,333 (±$7,444) | +46.8% | Up after inflation |
| Median gross rent | $690 (±$109) | $846 (±$274) | +22.6% | No measurable change after inflation |
| Median home value | $154,600 (±$8,315) | $191,300 (±$12,375) | +23.7% | 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 Margaretta Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Margaretta Township | — | $78,333 (±$7,444) | — |
| Castalia | 2.2 mi | $55,455 (±$15,718) | Lower |
| Bay View | 2.8 mi | $79,792 (±$22,905) | Not measurably different |
| Townsend Township (Sandusky County) | 4.9 mi | $52,128 (±$25,460) | Not measurably different |
| Sandusky | 6.2 mi | $50,139 (±$4,452) | Lower |
| Groton Township | 7.4 mi | $93,843 (±$41,901) | Not measurably different |
| Perkins Township | 7.4 mi | $76,659 (±$4,703) | Not measurably different |
| Portage Township (Ottawa County) | 7.4 mi | $85,325 (±$28,587) | Not measurably different |
| Danbury Township | 7.8 mi | $75,575 (±$7,332) | Not measurably different |
Nearby places with a measurably lower figure: Castalia, OH ($55,455), Sandusky, OH ($50,139).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Erie County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 5 | Groton Township | $93,843 (±$41,901) |
| 6 | Berlin Heights | $93,417 (±$15,617) |
| 7 | Huron Township | $88,204 (±$7,665) |
| 8 | Kelleys Island | $82,917 (±$52,540) |
| 9 | Bay View | $79,792 (±$22,905) |
| 10 (tie) | Huron | $78,333 (±$12,752) |
| 10 (tie) | Margaretta Township | $78,333 (±$7,444) |
| 12 | Perkins Township | $76,659 (±$4,703) |
| 13 | Berlin Township (Erie County) | $74,425 (±$31,175) |
| 14 | Vermilion Township | $73,407 (±$9,267) |
| 15 | Vermilion | $69,701 (±$11,970) |
| 16 | Castalia | $55,455 (±$15,718) |
| 17 | Sandusky | $50,139 (±$4,452) |
Showing 13 of 17 places in Erie 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 Margaretta Township
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Questions about Margaretta Township
What is the median household income in Margaretta Township?
The median household income in Margaretta Township is $78,333 (±$7,444) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Margaretta Township?
About $33,800 a year, if rent is to stay at or below 30% of income at the median gross rent of $846 a month.
Have incomes in Margaretta Township kept up with inflation?
In Margaretta Township, the median household income went from $53,376 in 2015–2019 to $78,333 in 2020–2024 (+46.8%).
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 Margaretta Township?
The median renting household in Margaretta Township, OH earns $46,719 (±$20,746) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Margaretta township, Erie County, Ohio
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Margaretta township, Erie County, Ohio
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Margaretta township, Erie County, Ohio
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Margaretta township, Erie County, Ohio
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Margaretta township, Erie County, Ohio
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Margaretta township, Erie 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 Margaretta township, Erie County, Ohio (county subdivision:47572, in state:39 county:043).
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 Margaretta Township at a glance
- Median rent in Margaretta Township
- Rent by bedrooms in Margaretta Township
- Renters and owners in Margaretta Township
- Home values in Margaretta Township
- Homeowner costs in Margaretta Township
- Property taxes in Margaretta Township
- Types of homes in Margaretta Township
- Bedrooms in Margaretta Township
- Age of homes in Margaretta Township
- Heating fuel in Margaretta Township
- Commute and cars in Margaretta Township
- Population growth in Margaretta Township
- How long people stay in Margaretta Township
- Crowding and facilities in Margaretta Township
- Ohio landlord and tenant rules
- Housing across Erie County
- Ohio places ranked by median household income
- Housing data for every place in Ohio