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The total population of Elmwood township is estimated to be 1,068 with 554 males (51.87%) and 514 females (48.13%). There are 40 less females than males in Elmwood township.
The median household income in Elmwood township was $57,530 in 2021, which marked an an increase of 4,257(7.99%) from $53,273 in 2020. This income is 77.11% 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, Elmwood township sees its highest median household income among householders in the age group of 25 to 44 years old, at $68,510. Overall, the median household income for the township of Elmwood township stands at $57,530.
In Elmwood township, the median income for all workers aged 15 years and older, regardless of work hours, was $43,537 for males and $24,915 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $60,200 for males and $34,049 for females.
In Elmwood township, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $127,458, while White households have a median household income of $57,388.
In 2022, the population of Elmwood township was 1,056, a 0.28% decrease year-by-year from 2021. Previously, in 2021, Elmwood township's population was 1,059, a decline of 0.47% compared to a population of 1,064 in 2020.
The median age in Elmwood Township, Michigan is 42.0, as per 2021 ACS 5-Year Estimates. Of the total population, 17.74% were under the age of 15, 17.65% aged 15 to 29, 43.79% aged 30 to 64, 19.42% aged 65 to 84, and 1.40% were 85 years of age and older.
Racial distribution of Elmwood township population: 93.28% are White, 1.87% are Black or African American, 0.09% are American Indian and Alaska Native, 1.96% are some other race and 2.80% are multiracial.