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The total population of Forest Home township is estimated to be 1,850 with 939 males (50.76%) and 911 females (49.24%). There are 28 less females than males in Forest Home township.
The median household income in Forest Home township was $72,475 in 2021, which marked an a decrease of 1,179(1.60%) from $73,654 in 2020. This income is 97.14% 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, Forest Home township sees its highest median household income among householders in the age group of 45 to 64 years old, at $106,740. Overall, the median household income for the township of Forest Home township stands at $72,475.
In Forest Home township, the median income for all workers aged 15 years and older, regardless of work hours, was $48,425 for males and $35,249 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $56,169 for males and $54,496 for females.
In Forest Home township, population is primarily represented by White households, reporting a median income of $71,340.
In 2022, the population of Forest Home township was 1,733, a 1.46% increase year-by-year from 2021. Previously, in 2021, Forest Home township's population was 1,708, an increase of 1.79% compared to a population of 1,678 in 2020.
The median age in Forest Home Township, Michigan is 61.1, as per 2021 ACS 5-Year Estimates. Of the total population, 9.86% were under the age of 15, 10.70% aged 15 to 29, 39.66% aged 30 to 64, 37.18% aged 65 to 84, and 2.59% were 85 years of age and older.
Racial distribution of Forest Home township population: 94.20% are White, 0.28% are American Indian and Alaska Native, 0.45% are Asian, 0.90% are some other race and 4.17% are multiracial.