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The total population of Fossum township is estimated to be 216 with 128 males (59.26%) and 88 females (40.74%). There are 40 less females than males in Fossum township.
The median household income in Fossum township was $71,949 in 2021, which marked an a decrease of 3,357(4.46%) from $75,306 in 2020. This income is 96.44% 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, Fossum township sees its highest median household income among householders in the age group of 25 to 44 years old, at $74,651. Overall, the median household income for the township of Fossum township stands at $71,949.
In Fossum township, the median income for all workers aged 15 years and older, regardless of work hours, was $47,560 for males and $18,916 for females. However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $77,691 for males, while data for females was unavailable due to an insufficient number of sample observations.
In Fossum township, there are just two different racial groups among households. Among these, American Indian and Alaska Native households report a median household income of $137,816, while White households have a median household income of $70,935.
In 2022, the population of Fossum township was 134, a 0.00% decrease year-by-year from 2021. Previously, in 2021, Fossum township's population was 134, a decline of 0.00% compared to a population of 134 in 2020.
The median age in Fossum Township, Minnesota is 49.6, as per 2021 ACS 5-Year Estimates. Of the total population, 14.80% were under the age of 15, 14.29% aged 15 to 29, 43.88% aged 30 to 64, 26.02% aged 65 to 84, and 1.02% were 85 years of age and older.
Racial distribution of Fossum township population: 93.88% are White, 4.08% are American Indian and Alaska Native and 2.04% are multiracial.