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The total population of Commerce charter township is estimated to be 43,081 with 21,452 males (49.79%) and 21,629 females (50.21%). There are 177 more females than males in Commerce charter township.
The median household income in Commerce charter township was $109,319 in 2021, which marked an a decrease of 1,600(1.44%) from $110,919 in 2020. This income is 146.53% 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, Commerce charter township sees its highest median household income among householders in the age group of 45 to 64 years old, at $131,965. Overall, the median household income for the township of Commerce charter township stands at $109,319.
In Commerce charter township, the median income for all workers aged 15 years and older, regardless of work hours, was $64,127 for males and $35,937 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $92,184 for males and $65,858 for females.
In Commerce charter township, the demographic landscape is diverse, spanning 5 distinct racial categories among households. Among these, Black or African American households have the highest median household income at $150,453, while Some Other Race households represent the opposite end with the lowest median household income of $58,437.
In 2022, the population of Commerce charter township was 43,165, a 0.04% decrease year-by-year from 2021. Previously, in 2021, Commerce charter township's population was 43,184, an increase of 0.33% compared to a population of 43,044 in 2020.
The median age in Commerce charter Township, Michigan is 42.5, as per 2021 ACS 5-Year Estimates. Of the total population, 17.71% were under the age of 15, 17.20% aged 15 to 29, 48.94% aged 30 to 64, 14.59% aged 65 to 84, and 1.56% were 85 years of age and older.
Racial distribution of Commerce charter township population: 88.02% are White, 2.59% are Black or African American, 0.09% are American Indian and Alaska Native, 4.30% are Asian, 0.53% are some other race and 4.48% are multiracial.