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The total population of Fraser township is estimated to be 2,997 with 1,649 males (55.02%) and 1,348 females (44.98%). There are 301 less females than males in Fraser township.
The median household income in Fraser township was $64,363 in 2021, which marked an an increase of 4,023(6.67%) from $60,340 in 2020. This income is 86.27% 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, Fraser township sees its highest median household income among householders in the age group of 45 to 64 years old, at $69,783. Overall, the median household income for the township of Fraser township stands at $64,363.
In Fraser township, the median income for all workers aged 15 years and older, regardless of work hours, was $47,408 for males and $33,416 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $62,569 for males and $39,929 for females.
In Fraser township, population is primarily represented by White households, reporting a median income of $64,793.
In 2022, the population of Fraser township was 2,965, a 0.27% decrease year-by-year from 2021. Previously, in 2021, Fraser township's population was 2,973, a decline of 0.57% compared to a population of 2,990 in 2020.
The median age in Fraser Township, Michigan is 48.3, as per 2021 ACS 5-Year Estimates. Of the total population, 13.76% were under the age of 15, 8.16% aged 15 to 29, 57.10% aged 30 to 64, 19.69% aged 65 to 84, and 1.30% were 85 years of age and older.
Racial distribution of Fraser township population: 98.77% are White, 1% are some other race and 0.23% are multiracial.