Download
Share
Contents
Save
The total population of Faxon township is estimated to be 619 with 348 males (56.22%) and 271 females (43.78%). There are 77 less females than males in Faxon township.
The median household income in Faxon township was $110,493 in 2021, which marked an an increase of 6,621(6.37%) from $103,872 in 2020. This income is 148.10% 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, Faxon township sees its highest median household income among householders in the age group of 45 to 64 years old, at $155,381. Overall, the median household income for the township of Faxon township stands at $110,493.
In Faxon township, the median income for all workers aged 15 years and older, regardless of work hours, was $44,812 for males and $51,150 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $58,999 for males and $65,080 for females.
In Faxon township, population is primarily represented by White households, reporting a median income of $110,643.
In 2022, the population of Faxon township was 711, a 0.56% decrease year-by-year from 2021. Previously, in 2021, Faxon township's population was 715, an increase of 0.70% compared to a population of 710 in 2020.
The median age in Faxon Township, Minnesota is 43.8, as per 2021 ACS 5-Year Estimates. Of the total population, 17.55% were under the age of 15, 16.61% aged 15 to 29, 50.78% aged 30 to 64, 13.79% aged 65 to 84, and 1.25% were 85 years of age and older.
Racial distribution of Faxon township population: 98.75% are White, 0.94% are American Indian and Alaska Native and 0.31% are Asian.