Nevada township, Minnesota Housing

Nevada township, Minnesota has a population of 320, with a median household income of $86,400.

Current housing data for Nevada township.

$285,000

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Population

320

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Median Income

$86,400

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Unemployment

2.20%

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Housing Price

$285,000

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Crime Rate

2.10

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Internet Speed

50.00 Mbps

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

Population Overview

Nevada township has a population of 320, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Nevada township is $86,400, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

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

Employment and Safety

The unemployment rate in Nevada township is 2.20%, which is lower than the state average, indicating a relatively strong job market. Nevada 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, Nevada township shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

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

Frequently Asked Questions about Nevada township

What is the population of Nevada township?

The population of Nevada township is approximately 320.

Is Nevada township a good place to live?

Nevada 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 Nevada township?

The median household income in Nevada township is around $86,400.

How expensive is housing in Nevada township?

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