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The total population of Colvin township is estimated to be 286 with 163 males (56.99%) and 123 females (43.01%). There are 40 less females than males in Colvin township.
The median household income in Colvin township was $71,242 in 2021, which marked an an increase of 9,392(15.19%) from $61,850 in 2020. This income is 95.49% 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, Colvin township sees its highest median household income among householders in the age group of 25 to 44 years old, at $90,526. Overall, the median household income for the township of Colvin township stands at $71,242.
In Colvin township, the median income for all workers aged 15 years and older, regardless of work hours, was $52,965 for males and $19,930 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $70,259 for males and $58,775 for females.
In Colvin township, population is primarily represented by White households, reporting a median income of $71,487.
In 2022, the population of Colvin township was 287, a 0.35% increase year-by-year from 2021. Previously, in 2021, Colvin township's population was 286, a decline of 0.69% compared to a population of 288 in 2020.
The median age in Colvin Township, Minnesota is 55.3, as per 2021 ACS 5-Year Estimates. Of the total population, 13.36% were under the age of 15, 10.93% aged 15 to 29, 47.77% aged 30 to 64, 26.72% aged 65 to 84, and 1.21% were 85 years of age and older.
Racial distribution of Colvin township population: 96.76% are White, 0.81% are Black or African American, 0.40% are American Indian and Alaska Native and 2.02% are multiracial.