What is the median household income in Thorp, WI?
The median household income in Thorp, WI is $53,424 (±$4,303) a year (2020–2024 American Community Survey).
Paying the median gross rent of $789 a month would take about $31,600 a year at the common guideline of spending no more than 30% of income on rent.
In Thorp, the median household income went from $45,385 in 2015–2019 to $53,424 in 2020–2024 (+17.7%).
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
- $53,424 (±$4,303)
- Median renter income
- $40,781 (±$2,663)
- Income to afford median rent
- about $31,600
Income in Thorp against Clark County, its state and the nation
| Thorp | Clark County | Wisconsin | United States | |
|---|---|---|---|---|
| Median household income | $53,424 (±$4,303) | $67,400 (±$1,810) | $77,485 (±$455) | $80,734 |
| Median renter household income | $40,781 (±$2,663) | $45,702 (±$4,859) | $48,374 (±$478) | $52,966 |
| Median owner household income | $59,438 (±$10,634) | $74,724 (±$2,809) | $95,874 (±$462) | $100,009 |
| Median gross rent | $789 (±$68) | $823 (±$28) | $1,087 (±$4) | $1,413 |
In Thorp, median household income is lower than in Clark County ($67,400).
It is also lower than in Wisconsin ($77,485).
It is lower than the national figure ($80,734).
In Clark County, Thorp ranks 42 of 44 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1717 of 1,844.
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 Thorp
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 $789 a month ($9,468 a year) needs an income of about $31,600 a year.
The median renting household in Thorp earns $40,781 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 | $45,385 (±$9,097) | $53,424 (±$4,303) | +17.7% | No measurable change after inflation |
| Median gross rent | $569 (±$55) | $789 (±$68) | +38.7% | No measurable change after inflation |
| Median home value | $96,000 (±$5,224) | $160,000 (±$15,611) | +66.7% | 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 Thorp
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Thorp | — | $53,424 (±$4,303) | — |
| Town of Withee | 4.1 mi | $94,583 (±$13,370) | Higher |
| Town of Thorp | 4.2 mi | $57,750 (±$12,312) | Not measurably different |
| Town of Reseburg | 5.0 mi | $92,500 (±$32,303) | Higher |
| Town of Worden | 5.0 mi | $61,875 (±$17,970) | Not measurably different |
| Stanley | 6.9 mi | $48,052 (±$4,219) | Not measurably different |
| Town of Roosevelt (Taylor County) | 8.7 mi | $91,750 (±$6,725) | Higher |
| Lublin | 8.9 mi | $63,750 (±$19,472) | Not measurably different |
| Town of Hixon | 9.2 mi | $82,222 (±$13,468) | Higher |
Nearby places with a measurably higher figure: Town of Withee, WI ($94,583), Town of Reseburg, WI ($92,500), Town of Roosevelt (Taylor County), WI ($91,750).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Clark County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 36 | Town of Weston (Clark County) | $60,865 (±$11,432) |
| 37 | Dorchester | $60,536 (±$12,654) |
| 38 | Town of Mentor | $60,357 (±$10,112) |
| 39 | Neillsville | $60,179 (±$11,133) |
| 40 | Granton | $58,194 (±$8,680) |
| 41 | Town of Thorp | $57,750 (±$12,312) |
| 42 | Thorp | $53,424 (±$4,303) |
| 43 | Colby | $50,114 (±$13,210) |
| 44 | Town of Levis | $46,125 (±$2,032) |
Showing 9 of 44 places in Clark 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 Thorp
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Thorp beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Thorp, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Thorp, and send estimates and invoices from your phone.
Questions about Thorp
What is the median household income in Thorp?
The median household income in Thorp is $53,424 (±$4,303) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Thorp?
About $31,600 a year, if rent is to stay at or below 30% of income at the median gross rent of $789 a month.
Have incomes in Thorp kept up with inflation?
In Thorp, the median household income went from $45,385 in 2015–2019 to $53,424 in 2020–2024 (+17.7%).
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 Thorp?
The median renting household in Thorp, WI earns $40,781 (±$2,663) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Thorp city, Wisconsin
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Thorp city, Wisconsin
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Thorp city, Wisconsin
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Thorp city, Wisconsin
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Thorp city, Wisconsin
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Thorp city, Wisconsin
- 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 Thorp city, Wisconsin (place:79625, in state:55).
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 Thorp at a glance
- Median rent in Thorp
- Rent burden in Thorp
- Renters and owners in Thorp
- Home values in Thorp
- Homeowner costs in Thorp
- Property taxes in Thorp
- Types of homes in Thorp
- Bedrooms in Thorp
- Age of homes in Thorp
- Heating fuel in Thorp
- Commute and cars in Thorp
- Crime reported to police in Thorp
- Population growth in Thorp
- How long people stay in Thorp
- Wisconsin landlord and tenant rules
- Housing across Clark County
- Wisconsin places ranked by median household income
- Housing data for every place in Wisconsin