Crate township, Minnesota Median Income

Crate township, Minnesota has a population of 195, with a median household income of $71,400.

Current median income data for Crate township.

$71,400

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Population

195

💰

Median Income

$71,400

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Unemployment

3.80%

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Housing Price

$225,000

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Crime Rate

6.40

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Internet Speed

50.00 Mbps

Crate township is a small local community located in Minnesota. The city has a population that is below the average city population in Minnesota, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Crate township is a notable city in Minnesota, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Crate township has a population of 195, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Crate township is $71,400, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

The average housing price in Crate township is about $225,000, making it relatively affordable compared to many cities in Minnesota.

Employment and Safety

The unemployment rate in Crate township is 3.80%, which is lower than the state average, indicating a relatively strong job market. Crate township has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Minnesota, Crate township shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Crate township continues to play a role in shaping regional trends in Minnesota, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Crate township

What is the population of Crate township?

The population of Crate township is approximately 195.

Is Crate township a good place to live?

Crate township offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Crate township?

The median household income in Crate township is around $71,400.

How expensive is housing in Crate township?

The average housing price in Crate township is approximately $225,000.