Canton charter township, Michigan Median Income

Canton charter township, Michigan has a population of 98,500, with a median household income of $68,000.

Current median income data for Canton charter township.

$68,000

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Population

98,500

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Median Income

$68,000

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Unemployment

5.20%

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Housing Price

$265,000

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Crime Rate

4.80

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Internet Speed

305.00 Mbps

Canton charter township is a smaller urban community located in Michigan. The city has a population that is above 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.

Canton charter township is a notable city in Michigan, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Canton charter township has a population of 98,500, which is higher than the state average. This indicates a relatively larger urban presence within Michigan.

Income and Economy

The median household income in Canton charter township is $68,000, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Canton charter township is about $265,000, making it relatively affordable compared to many cities in Michigan.

Employment and Safety

The unemployment rate in Canton charter township is 5.20%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Canton charter township are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Michigan, Canton charter township shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Canton charter township offers a balanced mix of economic conditions, population trends, and housing opportunities within Michigan.

Frequently Asked Questions about Canton charter township

What is the population of Canton charter township?

The population of Canton charter township is approximately 98,500.

Is Canton charter township a good place to live?

Canton charter 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 Canton charter township?

The median household income in Canton charter township is around $68,000.

How expensive is housing in Canton charter township?

The average housing price in Canton charter township is approximately $265,000.