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The total population of Finlayson township is estimated to be 470 with 243 males (51.70%) and 227 females (48.30%). There are 16 less females than males in Finlayson township.
The median household income in Finlayson township was $58,358 in 2021, which marked an an increase of 400(0.69%) from $57,958 in 2020. This income is 78.22% 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, Finlayson township sees its highest median household income among householders in the age group of 25 to 44 years old, at $72,962. Overall, the median household income for the township of Finlayson township stands at $58,358.
In Finlayson township, the median income for all workers aged 15 years and older, regardless of work hours, was $37,697 for males and $23,707 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $72,286 for males and $44,756 for females.
In Finlayson township, population is primarily represented by White households, reporting a median income of $57,995.
In 2022, the population of Finlayson township was 479, a 0.21% increase year-by-year from 2021. Previously, in 2021, Finlayson township's population was 478, an increase of 1.27% compared to a population of 472 in 2020.
The median age in Finlayson Township, Minnesota is 52.8, as per 2021 ACS 5-Year Estimates. Of the total population, 18.80% were under the age of 15, 13.46% aged 15 to 29, 33.97% aged 30 to 64, 33.33% aged 65 to 84, and 0.43% were 85 years of age and older.
Racial distribution of Finlayson township population: 94.02% are White, 4.49% are Black or African American, 1.28% are American Indian and Alaska Native and 0.21% are multiracial.