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The total population of Cambridge township is estimated to be 2,471 with 1,295 males (52.41%) and 1,176 females (47.59%). There are 119 less females than males in Cambridge township.
The median household income in Cambridge township was $102,518 in 2021, which marked an an increase of 1,312(1.30%) from $101,206 in 2020. This income is 137.41% 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, Cambridge township sees its highest median household income among householders in the age group of 45 to 64 years old, at $135,114. Overall, the median household income for the township of Cambridge township stands at $102,518.
In Cambridge township, the median income for all workers aged 15 years and older, regardless of work hours, was $62,069 for males and $32,808 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $84,285 for males and $61,612 for females.
In Cambridge township, there are just two different racial groups among households. Among these, Asian households report a median household income of $125,566, while White households have a median household income of $101,279.
In 2022, the population of Cambridge township was 2,519, a 0.36% increase year-by-year from 2021. Previously, in 2021, Cambridge township's population was 2,510, an increase of 0.68% compared to a population of 2,493 in 2020.
The median age in Cambridge Township, Minnesota is 39.6, as per 2021 ACS 5-Year Estimates. Of the total population, 22.31% were under the age of 15, 18.32% aged 15 to 29, 43.57% aged 30 to 64, 14.01% aged 65 to 84, and 1.79% were 85 years of age and older.
Racial distribution of Cambridge township population: 91.08% are White, 2.24% are Black or African American, 0.24% are American Indian and Alaska Native, 4.52% are Asian and 1.91% are multiracial.