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The total population of Falun township is estimated to be 188 with 112 males (59.57%) and 76 females (40.43%). There are 36 less females than males in Falun township.
The median household income in Falun township was $73,502 in 2021, which marked an an increase of 25,344(52.63%) from $48,158 in 2020. This income is 98.52% 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, Falun township sees its highest median household income among householders in the age group of 25 to 44 years old, at $89,175. Overall, the median household income for the township of Falun township stands at $73,502.
In Falun township, the median income for all workers aged 15 years and older, regardless of work hours, was $47,560 for males and $27,530 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $52,694 for males and $43,912 for females.
In Falun township, population is primarily represented by White households, reporting a median income of $73,502.
In 2022, the population of Falun township was 242, a 0.83% increase year-by-year from 2021. Previously, in 2021, Falun township's population was 240, a decline of 0.41% compared to a population of 241 in 2020.
The median age in Falun Township, Minnesota is 37.6, as per 2021 ACS 5-Year Estimates. Of the total population, 26.42% were under the age of 15, 15.09% aged 15 to 29, 37.74% aged 30 to 64, 17.61% aged 65 to 84, and 3.14% were 85 years of age and older.
Racial distribution of Falun township population: 98.74% are White, 0.63% are Black or African American and 0.63% are multiracial.