What is the median household income in Minerva Park, OH?
The median household income in Minerva Park, OH is $130,878 (±$9,837) a year (2020–2024 American Community Survey).
Paying the median gross rent of $2,186 a month would take about $87,400 a year at the common guideline of spending no more than 30% of income on rent.
In Minerva Park, the median household income went from $92,386 in 2015–2019 to $130,878 in 2020–2024 (+41.7%).
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
- $130,878 (±$9,837)
- Median renter income
- $130,372 (±$39,054)
- Income to afford median rent
- about $87,400
Income in Minerva Park against Franklin County, its state and the nation
| Minerva Park | Franklin County | Ohio | United States | |
|---|---|---|---|---|
| Median household income | $130,878 (±$9,837) | $75,176 (±$980) | $71,389 (±$321) | $80,734 |
| Median renter household income | $130,372 (±$39,054) | $52,781 (±$913) | $42,829 (±$325) | $52,966 |
| Median owner household income | $132,639 (±$16,882) | $106,292 (±$1,651) | $90,122 (±$343) | $100,009 |
| Median gross rent | $2,186 (±$247) | $1,302 (±$9) | $1,034 (±$5) | $1,413 |
In Minerva Park, median household income is higher than in Franklin County ($75,176).
It is also higher than in Ohio ($71,389).
It is higher than the national figure ($80,734).
In Franklin County, Minerva Park ranks 13 of 45 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 92 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 Minerva Park
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 $2,186 a month ($26,232 a year) needs an income of about $87,400 a year.
The median renting household in Minerva Park earns $130,372 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 | $92,386 (±$6,515) | $130,878 (±$9,837) | +41.7% | Up after inflation |
| Median gross rent | $1,161 (±$574) | $2,186 (±$247) | +88.3% | Up after inflation |
| Median home value | $173,700 (±$7,575) | $311,900 (±$27,620) | +79.6% | 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 Minerva Park
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Minerva Park | — | $130,878 (±$9,837) | — |
| Huber Ridge | 1.7 mi | $97,039 (±$6,372) | Lower |
| Clinton Township (Franklin County) | 2.1 mi | $71,530 (±$9,376) | Lower |
| Blendon Township | 2.5 mi | $102,089 (±$6,883) | Lower |
| Westerville | 3.6 mi | $109,404 (±$5,891) | Lower |
| Sharon Township (Franklin County) | 4.1 mi | $127,434 (±$9,225) | Not measurably different |
| Gahanna | 4.3 mi | $109,061 (±$6,421) | Lower |
| Worthington | 4.3 mi | $127,382 (±$10,937) | Not measurably different |
| Riverlea | 4.3 mi | $161,250 (±$29,913) | Not measurably different |
Nearby places with a measurably lower figure: Huber Ridge, OH ($97,039), Clinton Township (Franklin County), OH ($71,530), Blendon Township, OH ($102,089).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Franklin County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 7 | Upper Arlington | $155,167 (±$13,473) |
| 8 | Washington Township (Franklin County) | $147,542 (±$8,788) |
| 9 | Marble Cliff | $136,500 (±$22,887) |
| 10 | Brown Township (Franklin County) | $133,542 (±$48,676) |
| 11 | Jefferson Township (Franklin County) | $131,250 (±$17,833) |
| 12 | Canal Winchester | $131,209 (±$21,165) |
| 13 | Minerva Park | $130,878 (±$9,837) |
| 14 | Norwich Township (Franklin County) | $130,801 (±$7,426) |
| 15 | Hilliard | $128,189 (±$8,360) |
| 16 | Sharon Township (Franklin County) | $127,434 (±$9,225) |
| 17 | Worthington | $127,382 (±$10,937) |
| 18 | Grandview Heights | $117,672 (±$26,521) |
| 19 | Westerville | $109,404 (±$5,891) |
Showing 13 of 45 places in Franklin 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 Minerva Park
What is the median household income in Minerva Park?
The median household income in Minerva Park is $130,878 (±$9,837) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Minerva Park?
About $87,400 a year, if rent is to stay at or below 30% of income at the median gross rent of $2,186 a month.
Have incomes in Minerva Park kept up with inflation?
In Minerva Park, the median household income went from $92,386 in 2015–2019 to $130,878 in 2020–2024 (+41.7%).
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 Minerva Park?
The median renting household in Minerva Park, OH earns $130,372 (±$39,054) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Minerva Park village, Ohio
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Minerva Park village, Ohio
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Minerva Park village, Ohio
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Minerva Park village, Ohio
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Minerva Park village, Ohio
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Minerva Park village, 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 Minerva Park village, Ohio (place:50862, in state:39).
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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- Population growth in Minerva Park
- How long people stay in Minerva Park
- Ohio landlord and tenant rules
- Housing across Franklin County
- Ohio places ranked by median household income
- Housing data for every place in Ohio