Elizabeth township, Minnesota Median Income

Elizabeth township, Minnesota has a population of 815, with a median household income of $78,400.

Current median income data for Elizabeth township.

$78,400

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Population

815

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Median Income

$78,400

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Unemployment

3.40%

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Housing Price

$315,000

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Crime Rate

7.50

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Internet Speed

50.00 Mbps

Elizabeth 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.

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

Population Overview

Elizabeth township has a population of 815, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Elizabeth township is $78,400, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Elizabeth township average around $315,000, which is relatively high compared to other cities in Minnesota.

Employment and Safety

The unemployment rate in Elizabeth township is 3.40%, which is lower than the state average, indicating a relatively strong job market. Crime rates in Elizabeth township are higher than the state average, which may be a factor for residents to consider.

City Comparison

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

As part of Minnesota, Elizabeth township contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Elizabeth township

What is the population of Elizabeth township?

The population of Elizabeth township is approximately 815.

Is Elizabeth township a good place to live?

Elizabeth 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 Elizabeth township?

The median household income in Elizabeth township is around $78,400.

How expensive is housing in Elizabeth township?

The average housing price in Elizabeth township is approximately $315,000.