Vail township, Minnesota Median Income

Vail township, Minnesota has a population of 280, with a median household income of $71,200.

Current median income data for Vail township.

$71,200

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Population

280

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Median Income

$71,200

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Unemployment

2.40%

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Housing Price

$215,000

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Crime Rate

0.70

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Internet Speed

50.00 Mbps

Vail 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.

Vail township, located in Minnesota, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Vail township has a population of 280, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Vail township is $71,200, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

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

Employment and Safety

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

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

Frequently Asked Questions about Vail township

What is the population of Vail township?

The population of Vail township is approximately 280.

Is Vail township a good place to live?

Vail 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 Vail township?

The median household income in Vail township is around $71,200.

How expensive is housing in Vail township?

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