Fossum township, Minnesota Median Income

Fossum township, Minnesota has a population of 145, with a median household income of $54,200.

Current median income data for Fossum township.

$54,200

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Population

145

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Median Income

$54,200

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Unemployment

5.10%

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Housing Price

$185,000

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Crime Rate

6.80

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Internet Speed

25.00 Mbps

Fossum 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.

Fossum township, located in Minnesota, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Fossum township has a population of 145, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Fossum township is $54,200, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Fossum township is about $185,000, making it relatively affordable compared to many cities in Minnesota.

Employment and Safety

The unemployment rate in Fossum township is 5.10%, slightly above the state average, suggesting moderate employment conditions. Fossum 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, Fossum township shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Fossum township offers a balanced mix of economic conditions, population trends, and housing opportunities within Minnesota.

Frequently Asked Questions about Fossum township

What is the population of Fossum township?

The population of Fossum township is approximately 145.

Is Fossum township a good place to live?

Fossum 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 Fossum township?

The median household income in Fossum township is around $54,200.

How expensive is housing in Fossum township?

The average housing price in Fossum township is approximately $185,000.