Hammer township, Minnesota Median Income

Hammer township, Minnesota has a population of 215, with a median household income of $64,200.

Current median income data for Hammer township.

$64,200

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Population

215

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Median Income

$64,200

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Unemployment

3.50%

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Housing Price

$235,000

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Crime Rate

4.90

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Internet Speed

50.00 Mbps

Hammer 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, Hammer township provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Hammer 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 Hammer township is $64,200, which is below the state average, indicating moderate economic conditions.

Housing Market

Housing prices in Hammer township average around $235,000, which is relatively high compared to other cities in Minnesota.

Employment and Safety

The unemployment rate in Hammer township is 3.50%, which is lower than the state average, indicating a relatively strong job market. Hammer 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, Hammer township shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

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

Frequently Asked Questions about Hammer township

What is the population of Hammer township?

The population of Hammer township is approximately 215.

Is Hammer township a good place to live?

Hammer 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 Hammer township?

The median household income in Hammer township is around $64,200.

How expensive is housing in Hammer township?

The average housing price in Hammer township is approximately $235,000.