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The total population of Elk Rapids township is estimated to be 2,545 with 1,166 males (45.82%) and 1,379 females (54.18%). There are 213 more females than males in Elk Rapids township.
The median household income in Elk Rapids township was $82,420 in 2021, which marked an a decrease of 2,884(3.38%) from $85,304 in 2020. This income is 110.47% 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, Elk Rapids township sees its highest median household income among householders in the age group of 45 to 64 years old, at $109,828. Overall, the median household income for the township of Elk Rapids township stands at $82,420.
In Elk Rapids township, the median income for all workers aged 15 years and older, regardless of work hours, was $45,669 for males and $33,706 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $55,133 for males and $45,406 for females.
In Elk Rapids township, there are just two different racial groups among households. Among these, White households report a median household income of $84,645, while Two or More Races households have a median household income of $40,950.
In 2022, the population of Elk Rapids township was 2,608, a 1.52% increase year-by-year from 2021. Previously, in 2021, Elk Rapids township's population was 2,569, an increase of 1.70% compared to a population of 2,526 in 2020.
The median age in Elk Rapids Township, Michigan is 56.4, as per 2021 ACS 5-Year Estimates. Of the total population, 13.60% were under the age of 15, 10.60% aged 15 to 29, 41.72% aged 30 to 64, 30.21% aged 65 to 84, and 3.88% were 85 years of age and older.
Racial distribution of Elk Rapids township population: 96.24% are White, 0.08% are Black or African American, 0.79% are Asian and 2.89% are multiracial.