Clay township, Michigan Median Income

Clay township, Michigan has a population of 9,000, with a median household income of $68,000.

Current median income data for Clay township.

$68,000

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Population

9,000

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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

211.00 Mbps

Clay township is a small local 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.

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

Population Overview

Clay township has a population of 9,000, which is higher than the state average. This indicates a relatively larger urban presence within Michigan.

Income and Economy

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

Housing Market

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

Employment and Safety

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

City Comparison

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

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

Frequently Asked Questions about Clay township

What is the population of Clay township?

The population of Clay township is approximately 9,000.

Is Clay township a good place to live?

Clay 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 Clay township?

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

How expensive is housing in Clay township?

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