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The total population of Cottonwood township is estimated to be 901 with 469 males (52.05%) and 432 females (47.95%). There are 37 less females than males in Cottonwood township.
The median household income in Cottonwood township was $111,105 in 2021, which marked an an increase of 16,677(17.66%) from $94,428 in 2020. This income is 148.92% 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, Cottonwood township sees its highest median household income among householders in the age group of 25 to 44 years old, at $112,724. Overall, the median household income for the township of Cottonwood township stands at $111,105.
In Cottonwood township, the median income for all workers aged 15 years and older, regardless of work hours, was $68,608 for males and $35,263 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $69,843 for males and $45,189 for females.
In Cottonwood township, population is primarily represented by White households, reporting a median income of $111,313.
In 2022, the population of Cottonwood township was 851, a 0.58% decrease year-by-year from 2021. Previously, in 2021, Cottonwood township's population was 856, an increase of 0.35% compared to a population of 853 in 2020.
The median age in Cottonwood Township, Minnesota is 47.7, as per 2021 ACS 5-Year Estimates. Of the total population, 18.63% were under the age of 15, 10.35% aged 15 to 29, 52.17% aged 30 to 64, 17.49% aged 65 to 84, and 1.35% were 85 years of age and older.
Racial distribution of Cottonwood township population: 98.76% are White and 1.24% are multiracial.