What is the median household income in Parkman Township, OH?
The median household income in Parkman Township, OH is $100,417 (±$11,937) a year (2020–2024 American Community Survey).
In Parkman Township, the median household income went from $66,406 in 2015–2019 to $100,417 in 2020–2024 (+51.2%).
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
- $100,417 (±$11,937)
- Median renter income
- $87,457 (±$22,523)
Income in Parkman Township against Geauga County, its state and the nation
| Parkman Township | Geauga County | Ohio | United States | |
|---|---|---|---|---|
| Median household income | $100,417 (±$11,937) | $107,860 (±$4,878) | $71,389 (±$321) | $80,734 |
| Median renter household income | $87,457 (±$22,523) | $57,433 (±$3,650) | $42,829 (±$325) | $52,966 |
| Median owner household income | $103,063 (±$14,162) | $119,254 (±$4,475) | $90,122 (±$343) | $100,009 |
| Median gross rent | — | $1,083 (±$69) | $1,034 (±$5) | $1,413 |
In Parkman Township, median household income is not measurably different from Geauga County ($107,860).
It is also higher than in Ohio ($71,389).
It is higher than the national figure ($80,734).
In Geauga County, Parkman Township ranks 11 of 23 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 325 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 | $66,406 (±$10,102) | $100,417 (±$11,937) | +51.2% | Up after inflation |
| Median home value | $190,000 (±$16,389) | $266,700 (±$45,427) | +40.4% | 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 Parkman Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Parkman Township | — | $100,417 (±$11,937) | — |
| West Farmington | 3.9 mi | $60,625 (±$9,235) | Lower |
| Nelson Township | 4.7 mi | $79,583 (±$8,866) | Lower |
| Farmington Township | 5.0 mi | $62,609 (±$4,483) | Lower |
| Troy Township (Geauga County) | 5.2 mi | $87,375 (±$16,467) | Not measurably different |
| Middlefield | 5.5 mi | $65,319 (±$15,556) | Lower |
| Middlefield Township | 5.9 mi | $74,342 (±$23,178) | Lower |
| Southington Township | 6.8 mi | $69,750 (±$16,004) | Lower |
| Hiram | 6.9 mi | $75,313 (±$32,141) | Not measurably different |
Nearby places with a measurably lower figure: West Farmington, OH ($60,625), Nelson Township, OH ($79,583), Farmington Township, OH ($62,609).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Geauga County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 5 | Munson Township | $139,205 (±$21,770) |
| 6 | Chardon Township | $117,019 (±$26,068) |
| 7 | Chester Township (Geauga County) | $111,159 (±$11,247) |
| 8 | Chesterland | $107,898 (±$17,087) |
| 9 | Russell Township | $106,061 (±$23,315) |
| 10 | Newbury Township | $101,491 (±$10,967) |
| 11 | Parkman Township | $100,417 (±$11,937) |
| 12 | Hambden Township | $93,849 (±$19,853) |
| 13 | Thompson Township (Geauga County) | $91,275 (±$10,630) |
| 14 | Troy Township (Geauga County) | $87,375 (±$16,467) |
| 15 | Chardon | $86,613 (±$29,062) |
| 16 | Claridon Township (Geauga County) | $85,500 (±$18,791) |
| 17 | Burton Township | $81,780 (±$7,797) |
Showing 13 of 23 places in Geauga 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 Parkman Township
What is the median household income in Parkman Township?
The median household income in Parkman Township is $100,417 (±$11,937) a year (2020–2024 American Community Survey).
Have incomes in Parkman Township kept up with inflation?
In Parkman Township, the median household income went from $66,406 in 2015–2019 to $100,417 in 2020–2024 (+51.2%).
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 Parkman Township?
The median renting household in Parkman Township, OH earns $87,457 (±$22,523) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Parkman township, Geauga County, Ohio
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Parkman township, Geauga County, Ohio
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Parkman township, Geauga County, Ohio
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Parkman township, Geauga County, Ohio
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Parkman township, Geauga County, Ohio
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Parkman township, Geauga 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 Parkman township, Geauga County, Ohio (county subdivision:59948, in state:39 county:055).
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 Parkman Township at a glance
- Home values in Parkman Township
- Homeowner costs in Parkman Township
- Property taxes in Parkman Township
- Types of homes in Parkman Township
- Bedrooms in Parkman Township
- Age of homes in Parkman Township
- Heating fuel in Parkman Township
- Commute and cars in Parkman Township
- Population growth in Parkman Township
- Crowding and facilities in Parkman Township
- Fair Market Rent in Parkman Township
- Ohio landlord and tenant rules
- Housing across Geauga County
- Ohio places ranked by median household income
- Housing data for every place in Ohio