Tyrone township, Michigan Median Income

Tyrone township, Michigan has a population of 1,300, with a median household income of $68,200.

Current median income data for Tyrone township.

$68,200

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Population

1,300

💰

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

182.00 Mbps

Tyrone township is a small local community located in Michigan. The city has a population that is below 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.

Situated in Michigan, Tyrone township provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Tyrone township has a population of 1,300, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

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

Housing Market

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

Employment and Safety

The unemployment rate in Tyrone township is 5.10%, which is lower than the state average, indicating a relatively strong job market. Tyrone 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, Tyrone township shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Tyrone township continues to play a role in shaping regional trends in Michigan, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Tyrone township

What is the population of Tyrone township?

The population of Tyrone township is approximately 1,300.

Is Tyrone township a good place to live?

Tyrone 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 Tyrone township?

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

How expensive is housing in Tyrone township?

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