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The total population of Beaver township is estimated to be 2,732 with 1,430 males (52.34%) and 1,302 females (47.66%). There are 128 less females than males in Beaver township.
The median household income in Beaver township was $81,947 in 2021, which marked an an increase of 11,760(16.76%) from $70,187 in 2020. This income is 109.84% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Beaver township sees its highest median household income among householders in the age group of 25 to 44 years old, at $97,958. Overall, the median household income for the township of Beaver township stands at $81,947.
In Beaver township, the median income for all workers aged 15 years and older, regardless of work hours, was $52,064 for males and $25,012 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $77,606 for males and $50,507 for females.
In Beaver township, there are just two different racial groups among households. Among these, White households report a median household income of $83,230, while Two or More Races households have a median household income of $2,701.
In 2022, the population of Beaver township was 2,695, a 0.41% decrease year-by-year from 2021. Previously, in 2021, Beaver township's population was 2,706, a decline of 0.48% compared to a population of 2,719 in 2020.
The median age in Beaver township, Bay County, Michigan is 41.8, as per 2021 ACS 5-Year Estimates. Of the total population, 17.84% were under the age of 15, 15.17% aged 15 to 29, 48.65% aged 30 to 64, 16.70% aged 65 to 84, and 1.64% were 85 years of age and older.
Racial distribution of Beaver township population: 98.61% are White, 0.48% are Asian and 0.91% are multiracial.