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The total population of Cotton township is estimated to be 437 with 242 males (55.38%) and 195 females (44.62%). There are 47 less females than males in Cotton township.
The median household income in Cotton township was $57,423 in 2021, which marked an a decrease of 13,634(19.19%) from $71,057 in 2020. This income is 76.97% 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, Cotton township sees its highest median household income among householders in the age group of 25 to 44 years old, at $106,547. Overall, the median household income for the township of Cotton township stands at $57,423.
In Cotton township, the median income for all workers aged 15 years and older, regardless of work hours, was $46,727 for males and $23,609 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $68,908 for males and $57,288 for females.
In Cotton township, population is primarily represented by White households, reporting a median income of $57,199.
In 2022, the population of Cotton township was 453, a 0.00% decrease year-by-year from 2021. Previously, in 2021, Cotton township's population was 453, a decline of 0.44% compared to a population of 455 in 2020.
The median age in Cotton Township, Minnesota is 53.4, as per 2021 ACS 5-Year Estimates. Of the total population, 10.57% were under the age of 15, 8.60% aged 15 to 29, 48.65% aged 30 to 64, 29.48% aged 65 to 84, and 2.70% were 85 years of age and older.
Racial distribution of Cotton township population: 96.56% are White, 1.23% are American Indian and Alaska Native and 2.21% are multiracial.