Grand Meadow township, Minnesota Median Income

Grand Meadow township, Minnesota has a population of 315, with a median household income of $84,200.

Current median income data for Grand Meadow township.

$84,200

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Population

315

💰

Median Income

$84,200

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Unemployment

2.80%

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Housing Price

$275,000

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Crime Rate

5.10

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Internet Speed

50.00 Mbps

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

Population Overview

Grand Meadow township has a population of 315, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Grand Meadow township is $84,200, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Grand Meadow township average around $275,000, which is relatively high compared to other cities in Minnesota.

Employment and Safety

The unemployment rate in Grand Meadow township is 2.80%, which is lower than the state average, indicating a relatively strong job market. Grand Meadow 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 Meadow township shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

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

Frequently Asked Questions about Grand Meadow township

What is the population of Grand Meadow township?

The population of Grand Meadow township is approximately 315.

Is Grand Meadow township a good place to live?

Grand Meadow 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 Meadow township?

The median household income in Grand Meadow township is around $84,200.

How expensive is housing in Grand Meadow township?

The average housing price in Grand Meadow township is approximately $275,000.