Grand Forks township, Minnesota Median Income

Grand Forks township, Minnesota has a population of 135, with a median household income of $74,200.

Current median income data for Grand Forks township.

$74,200

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Population

135

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Median Income

$74,200

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Unemployment

3.40%

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Housing Price

$215,000

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Crime Rate

5.20

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Internet Speed

50.00 Mbps

Grand Forks 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.

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

Population Overview

Grand Forks township has a population of 135, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Grand Forks township is $74,200, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

The average housing price in Grand Forks township is about $215,000, making it relatively affordable compared to many cities in Minnesota.

Employment and Safety

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

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

Frequently Asked Questions about Grand Forks township

What is the population of Grand Forks township?

The population of Grand Forks township is approximately 135.

Is Grand Forks township a good place to live?

Grand Forks 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 Grand Forks township?

The median household income in Grand Forks township is around $74,200.

How expensive is housing in Grand Forks township?

The average housing price in Grand Forks township is approximately $215,000.