What is the median household income in the Town of Lakeland, WI?
The median household income in the Town of Lakeland, WI is $63,750 (±$14,477) a year (2020–2024 American Community Survey).
Paying the median gross rent of $769 a month would take about $30,800 a year at the common guideline of spending no more than 30% of income on rent.
In the Town of Lakeland, the median household income went from $64,423 in 2015–2019 to $63,750 in 2020–2024 (−1.0%).
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
- $63,750 (±$14,477)
- Median renter income
- $46,250 (±$16,819)
- Income to afford median rent
- about $30,800
Income in the Town of Lakeland against Barron County, its state and the nation
| Town of Lakeland | Barron County | Wisconsin | United States | |
|---|---|---|---|---|
| Median household income | $63,750 (±$14,477) | $65,933 (±$2,114) | $77,485 (±$455) | $80,734 |
| Median renter household income | $46,250 (±$16,819) | $41,111 (±$2,732) | $48,374 (±$478) | $52,966 |
| Median owner household income | $67,188 (±$15,086) | $76,201 (±$2,466) | $95,874 (±$462) | $100,009 |
| Median gross rent | $769 (±$230) | $879 (±$37) | $1,087 (±$4) | $1,413 |
In the Town of Lakeland, median household income is not measurably different from Barron County ($65,933).
It is not measurably different from Wisconsin ($77,485).
It is lower than the national figure ($80,734).
In Barron County, the Town of Lakeland ranks 23 of 35 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1433 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 the Town of Lakeland
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 $769 a month ($9,228 a year) needs an income of about $30,800 a year.
The median renting household in the Town of Lakeland earns $46,250 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 | $64,423 (±$10,904) | $63,750 (±$14,477) | −1.0% | No measurable change after inflation |
| Median gross rent | $725 (±$87) | $769 (±$230) | +6.1% | No measurable change after inflation |
| Median home value | $171,900 (±$11,489) | $267,500 (±$41,560) | +55.6% | 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 the Town of Lakeland
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Town of Lakeland | — | $63,750 (±$14,477) | — |
| Cumberland | 4.1 mi | $49,479 (±$21,560) | Not measurably different |
| Town of Cumberland | 5.0 mi | $81,691 (±$9,081) | Higher |
| Town of Bear Lake | 5.8 mi | $82,083 (±$17,717) | Not measurably different |
| Town of Maple Plain | 5.8 mi | $66,667 (±$17,817) | Not measurably different |
| Town of Barronett | 6.7 mi | $70,938 (±$5,527) | Not measurably different |
| Town of Stanfold | 7.0 mi | $103,594 (±$19,291) | Higher |
| Town of Crystal Lake (Barron County) | 8.0 mi | $83,750 (±$23,945) | Not measurably different |
| Town of Roosevelt (Burnett County) | 9.0 mi | $91,458 (±$9,245) | Higher |
Nearby places with a measurably higher figure: Town of Cumberland, WI ($81,691), Town of Stanfold, WI ($103,594), Town of Roosevelt (Burnett County), WI ($91,458).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Barron County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 17 | Town of Prairie Lake | $71,250 (±$16,245) |
| 18 | Town of Arland | $70,865 (±$12,133) |
| 19 | Town of Stanley | $68,333 (±$13,820) |
| 20 | Town of Maple Plain | $66,667 (±$17,817) |
| 21 | Town of Sioux Creek | $65,000 (±$18,788) |
| 22 | Chetek | $64,141 (±$7,924) |
| 23 | Town of Lakeland | $63,750 (±$14,477) |
| 24 | Town of Oak Grove (Barron County) | $62,917 (±$11,099) |
| 25 | Cameron | $61,518 (±$14,923) |
| 26 | Turtle Lake | $61,250 (±$3,183) |
| 27 | Town of Maple Grove (Barron County) | $59,000 (±$17,971) |
| 28 | Town of Dovre | $58,889 (±$22,136) |
| 29 | Town of Vance Creek | $58,750 (±$33,241) |
Showing 13 of 35 places in Barron 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 Town of Lakeland
What is the median household income in the Town of Lakeland?
The median household income in the Town of Lakeland is $63,750 (±$14,477) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in the Town of Lakeland?
About $30,800 a year, if rent is to stay at or below 30% of income at the median gross rent of $769 a month.
Have incomes in the Town of Lakeland kept up with inflation?
In the Town of Lakeland, the median household income went from $64,423 in 2015–2019 to $63,750 in 2020–2024 (−1.0%).
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 the Town of Lakeland?
The median renting household in the Town of Lakeland, WI earns $46,250 (±$16,819) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Lakeland town, Barron County, Wisconsin
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lakeland town, Barron County, Wisconsin
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lakeland town, Barron County, Wisconsin
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Lakeland town, Barron County, Wisconsin
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lakeland town, Barron County, Wisconsin
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lakeland town, Barron County, 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 Lakeland town, Barron County, Wisconsin (county subdivision:41600, in state:55 county:005).
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 the Town of Lakeland at a glance
- Home values in the Town of Lakeland
- Homeowner costs in the Town of Lakeland
- Property taxes in the Town of Lakeland
- Types of homes in the Town of Lakeland
- Bedrooms in the Town of Lakeland
- Age of homes in the Town of Lakeland
- Heating fuel in the Town of Lakeland
- Commute and cars in the Town of Lakeland
- How long people stay in the Town of Lakeland
- Wisconsin landlord and tenant rules
- Housing across Barron County
- Wisconsin places ranked by median household income
- Housing data for every place in Wisconsin