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The total population of Coldwater is estimated to be 13,704 with 7,258 males (52.96%) and 6,446 females (47.04%). There are 812 less females than males in Coldwater.
The median household income in Coldwater was $48,664 in 2021, which marked an an increase of 2,703(5.88%) from $45,961 in 2020. This income is 65.23% 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, Coldwater sees its highest median household income among householders in the age group of 25 to 44 years old, at $61,002. Overall, the median household income for the city of Coldwater stands at $48,664.
In Coldwater, the median income for all workers aged 15 years and older, regardless of work hours, was $29,561 for males and $27,976 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $37,805 for males and $38,390 for females.
In Coldwater, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, Some Other Race households have the highest median household income at $94,730, while White households represent the opposite end with the lowest median household income of $46,855.
In 2022, the population of Coldwater was 13,296, a 4.72% decrease year-by-year from 2021. Previously, in 2021, Coldwater's population was 13,955, an increase of 0.94% compared to a population of 13,825 in 2020.
The median age in Coldwater, MI is 40.1, as per 2021 ACS 5-Year Estimates. Of the total population, 18.60% were under the age of 15, 18.13% aged 15 to 29, 45.15% aged 30 to 64, 16.64% aged 65 to 84, and 1.49% were 85 years of age and older.
Racial distribution of Coldwater population: 86.45% are White, 5.54% are Black or African American, 0.96% are American Indian and Alaska Native, 0.60% are Asian, 3.63% are some other race and 2.82% are multiracial.