Friendship township, Minnesota Housing

Friendship township, Minnesota has a population of 245, with a median household income of $61,400.

Current housing data for Friendship township.

$195,000

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Population

245

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Median Income

$61,400

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Unemployment

3.40%

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Housing Price

$195,000

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Crime Rate

6.10

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Internet Speed

25.00 Mbps

Friendship 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.

Situated in Minnesota, Friendship township provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Friendship township has a population of 245, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Friendship township is $61,400, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Friendship township is about $195,000, making it relatively affordable compared to many cities in Minnesota.

Employment and Safety

The unemployment rate in Friendship township is 3.40%, which is lower than the state average, indicating a relatively strong job market. Friendship 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, Friendship township shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

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

Frequently Asked Questions about Friendship township

What is the population of Friendship township?

The population of Friendship township is approximately 245.

Is Friendship township a good place to live?

Friendship 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 Friendship township?

The median household income in Friendship township is around $61,400.

How expensive is housing in Friendship township?

The average housing price in Friendship township is approximately $195,000.