Split Rock township, Minnesota Median Income

Split Rock township, Minnesota has a population of 110, with a median household income of $48,200.

Current median income data for Split Rock township.

$48,200

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Population

110

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Median Income

$48,200

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Unemployment

4.80%

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Housing Price

$175,000

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Crime Rate

0.40

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Internet Speed

50.00 Mbps

Split Rock 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.

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

Population Overview

Split Rock township has a population of 110, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Split Rock township is $48,200, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Split Rock township is about $175,000, making it relatively affordable compared to many cities in Minnesota.

Employment and Safety

The unemployment rate in Split Rock township is 4.80%, slightly above the state average, suggesting moderate employment conditions. Split Rock 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, Split Rock township shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

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

Frequently Asked Questions about Split Rock township

What is the population of Split Rock township?

The population of Split Rock township is approximately 110.

Is Split Rock township a good place to live?

Split Rock 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 Split Rock township?

The median household income in Split Rock township is around $48,200.

How expensive is housing in Split Rock township?

The average housing price in Split Rock township is approximately $175,000.