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The total population of Federal Dam is estimated to be 158 with 75 males (47.47%) and 83 females (52.53%). There are 8 more females than males in Federal Dam.
The median household income in Federal Dam was $56,748 in 2021, which marked an a decrease of 1,688(2.89%) from $58,436 in 2020. This income is 76.06% 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, Federal Dam sees its highest median household income among householders in the age group of 25 to 44 years old, at $66,206. Overall, the median household income for the city of Federal Dam stands at $56,748.
In Federal Dam, the median income for all workers aged 15 years and older, regardless of work hours, was $47,830 for males and $17,565 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $47,020 for males and $47,096 for females.
In Federal Dam, there are just three different racial groups among households. Among these, American Indian and Alaska Native households report a median household income of $84,109, followed by Two or More Races households at $55,397, and White households with a median household income of $51,118.
In 2022, the population of Federal Dam was 123, a 0.82% increase year-by-year from 2021. Previously, in 2021, Federal Dam's population was 122, an increase of 0.83% compared to a population of 121 in 2020.
The median age in Federal Dam, MN is 34.7, as per 2021 ACS 5-Year Estimates. Of the total population, 23.19% were under the age of 15, 20.29% aged 15 to 29, 35.51% aged 30 to 64, 15.94% aged 65 to 84, and 5.07% were 85 years of age and older.
Racial distribution of Federal Dam population: 44.93% are White, 13.04% are American Indian and Alaska Native, 2.17% are Asian and 39.86% are multiracial.