Gray township, Minnesota Median Income

Gray township, Minnesota has a population of 215, with a median household income of $68,400.

Current median income data for Gray township.

$68,400

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Population

215

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Median Income

$68,400

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Unemployment

3.10%

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Housing Price

$215,000

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Crime Rate

5.10

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Internet Speed

25.00 Mbps

Gray 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.

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

Population Overview

Gray township has a population of 215, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Gray township is $68,400, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

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

Employment and Safety

The unemployment rate in Gray township is 3.10%, which is lower than the state average, indicating a relatively strong job market. Gray 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, Gray township shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

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

Frequently Asked Questions about Gray township

What is the population of Gray township?

The population of Gray township is approximately 215.

Is Gray township a good place to live?

Gray 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 Gray township?

The median household income in Gray township is around $68,400.

How expensive is housing in Gray township?

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