What is the median household income in Stokes Township (Madison County), OH?
The median household income in Stokes Township (Madison County), OH is $67,159 (±$30,213) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,021 a month would take about $40,800 a year at the common guideline of spending no more than 30% of income on rent.
In Stokes Township (Madison County), the median household income went from $52,721 in 2015–2019 to $67,159 in 2020–2024 (+27.4%).
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
- $67,159 (±$30,213)
- Income to afford median rent
- about $40,800
Income in Stokes Township (Madison County) against Madison County, its state and the nation
| Stokes Township (Madison County) | Madison County | Ohio | United States | |
|---|---|---|---|---|
| Median household income | $67,159 (±$30,213) | $87,045 (±$4,302) | $71,389 (±$321) | $80,734 |
| Median renter household income | — | $45,398 (±$2,957) | $42,829 (±$325) | $52,966 |
| Median owner household income | $61,071 (±$31,360) | $106,946 (±$4,663) | $90,122 (±$343) | $100,009 |
| Median gross rent | $1,021 (±$324) | $943 (±$51) | $1,034 (±$5) | $1,413 |
In Stokes Township (Madison County), median household income is not measurably different from Madison County ($87,045).
It is not measurably different from Ohio ($71,389).
It is not measurably different from the national figure ($80,734).
In Madison County, Stokes Township (Madison County) ranks 16 of 21 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1354 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 Stokes Township (Madison 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 $1,021 a month ($12,252 a year) needs an income of about $40,800 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 | $52,721 (±$8,875) | $67,159 (±$30,213) | +27.4% | No measurable change after inflation |
| Median gross rent | $700 (±$241) | $1,021 (±$324) | +45.9% | No measurable change after inflation |
| Median home value | $116,700 (±$31,796) | $137,500 (±$48,885) | +17.8% | 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 Stokes Township (Madison County)
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Stokes Township (Madison County) | — | $67,159 (±$30,213) | — |
| South Solon | 2.2 mi | $58,056 (±$29,485) | Not measurably different |
| Midway | 5.1 mi | $62,292 (±$34,789) | Not measurably different |
| Paint Township (Madison County) | 5.8 mi | $116,969 (±$41,540) | Not measurably different |
| Jefferson Township (Fayette County) | 6.1 mi | $49,375 (±$14,881) | Not measurably different |
| Madison Township (Clark County) | 6.2 mi | $56,654 (±$10,071) | Not measurably different |
| Jeffersonville | 6.4 mi | $45,750 (±$17,524) | Not measurably different |
| South Charleston | 6.7 mi | $49,896 (±$10,262) | Not measurably different |
| Paint Township (Fayette County) | 8.2 mi | $84,271 (±$26,852) | 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 Madison County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 10 | Oak Run Township | $90,541 (±$17,151) |
| 11 | Monroe Township (Madison County) | $86,875 (±$26,966) |
| 12 | Jefferson Township (Madison County) | $82,300 (±$13,972) |
| 13 | Canaan Township (Madison County) | $80,433 (±$15,532) |
| 14 | Deer Creek Township | $75,250 (±$38,985) |
| 15 | Mount Sterling | $72,692 (±$16,301) |
| 16 | Stokes Township (Madison County) | $67,159 (±$30,213) |
| 17 | West Jefferson | $64,136 (±$6,396) |
| 18 | Range Township | $62,446 (±$49,569) |
| 19 | Midway | $62,292 (±$34,789) |
| 20 | London | $60,231 (±$11,997) |
| 21 | South Solon | $58,056 (±$29,485) |
Showing 12 of 21 places in Madison 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 Stokes Township (Madison County)
What is the median household income in Stokes Township (Madison County)?
The median household income in Stokes Township (Madison County) is $67,159 (±$30,213) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Stokes Township (Madison County)?
About $40,800 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,021 a month.
Have incomes in Stokes Township (Madison County) kept up with inflation?
In Stokes Township (Madison County), the median household income went from $52,721 in 2015–2019 to $67,159 in 2020–2024 (+27.4%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Stokes township, Madison County, Ohio
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Stokes township, Madison County, Ohio
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Stokes township, Madison County, Ohio
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Stokes township, Madison County, Ohio
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Stokes township, Madison County, Ohio
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Stokes township, Madison 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 Stokes township, Madison County, Ohio (county subdivision:74784, in state:39 county:097).
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 Stokes Township (Madison County) at a glance
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- Home values in Stokes Township (Madison County)
- Homeowner costs in Stokes Township (Madison County)
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- Types of homes in Stokes Township (Madison County)
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- Age of homes in Stokes Township (Madison County)
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- Fair Market Rent in Stokes Township (Madison County)
- Ohio landlord and tenant rules
- Housing across Madison County
- Ohio places ranked by median household income
- Housing data for every place in Ohio