Spring Hill township, Minnesota Median Income

Spring Hill township, Minnesota has a population of 360, with a median household income of $78,400.

Current median income data for Spring Hill township.

$78,400

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Population

360

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Median Income

$78,400

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Unemployment

2.20%

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Housing Price

$215,000

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Crime Rate

0.80

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Internet Speed

50.00 Mbps

Spring Hill 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.

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

Population Overview

Spring Hill township has a population of 360, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Spring Hill township is $78,400, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

The average housing price in Spring Hill township is about $215,000, making it relatively affordable compared to many cities in Minnesota.

Employment and Safety

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

Overall, Spring Hill township offers a balanced mix of economic conditions, population trends, and housing opportunities within Minnesota.

Frequently Asked Questions about Spring Hill township

What is the population of Spring Hill township?

The population of Spring Hill township is approximately 360.

Is Spring Hill township a good place to live?

Spring Hill 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 Spring Hill township?

The median household income in Spring Hill township is around $78,400.

How expensive is housing in Spring Hill township?

The average housing price in Spring Hill township is approximately $215,000.