Lyon charter township, Michigan Median Income

Lyon charter township, Michigan has a population of 19,000, with a median household income of $68,200.

Current median income data for Lyon charter township.

$68,200

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Population

19,000

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Median Income

$68,200

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Unemployment

5.10%

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Housing Price

$266,000

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Crime Rate

4.70

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Internet Speed

234.00 Mbps

Lyon charter township is a small local community located in Michigan. The city has a population that is above the average city population in Michigan, 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.

Lyon charter township, located in Michigan, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Lyon charter township has a population of 19,000, which is higher than the state average. This indicates a relatively larger urban presence within Michigan.

Income and Economy

The median household income in Lyon charter township is $68,200, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Lyon charter township average around $266,000, which is relatively high compared to other cities in Michigan.

Employment and Safety

The unemployment rate in Lyon charter township is 5.10%, which is lower than the state average, indicating a relatively strong job market. Lyon charter township has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Michigan, Lyon charter township shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Lyon charter township offers a balanced mix of economic conditions, population trends, and housing opportunities within Michigan.

Frequently Asked Questions about Lyon charter township

What is the population of Lyon charter township?

The population of Lyon charter township is approximately 19,000.

Is Lyon charter township a good place to live?

Lyon charter 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 Lyon charter township?

The median household income in Lyon charter township is around $68,200.

How expensive is housing in Lyon charter township?

The average housing price in Lyon charter township is approximately $266,000.