Martin township, Minnesota Median Income

Martin township, Minnesota has a population of 410, with a median household income of $89,500.

Current median income data for Martin township.

$89,500

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Population

410

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Median Income

$89,500

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Unemployment

2.40%

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Housing Price

$285,000

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Crime Rate

3.20

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Internet Speed

50.00 Mbps

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

Population Overview

Martin township has a population of 410, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Martin township is $89,500, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Martin township average around $285,000, which is relatively high compared to other cities in Minnesota.

Employment and Safety

The unemployment rate in Martin township is 2.40%, which is lower than the state average, indicating a relatively strong job market. Martin 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, Martin township shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

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

Frequently Asked Questions about Martin township

What is the population of Martin township?

The population of Martin township is approximately 410.

Is Martin township a good place to live?

Martin 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 Martin township?

The median household income in Martin township is around $89,500.

How expensive is housing in Martin township?

The average housing price in Martin township is approximately $285,000.