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The total population of Gagetown is estimated to be 320 with 176 males (55.00%) and 144 females (45.00%). There are 32 less females than males in Gagetown.
The median household income in Gagetown was $43,912 in 2021, which marked an an increase of 5,433(14.12%) from $38,479 in 2020. This income is 58.86% 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, Gagetown sees its highest median household income among householders in the age group of 25 to 44 years old, at $71,340. Overall, the median household income for the village of Gagetown stands at $43,912.
In Gagetown, the median income for all workers aged 15 years and older, regardless of work hours, was $37,156 for males and $27,023 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $56,973 for males and $34,792 for females.
In Gagetown, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $127,683, while White households have a median household income of $41,885.
In 2022, the population of Gagetown was 323, a 0.31% decrease year-by-year from 2021. Previously, in 2021, Gagetown's population was 324, a decline of 0.61% compared to a population of 326 in 2020.
The median age in Gagetown, MI is 37.9, as per 2021 ACS 5-Year Estimates. Of the total population, 24.76% were under the age of 15, 14.79% aged 15 to 29, 37.62% aged 30 to 64, 20.58% aged 65 to 84, and 2.25% were 85 years of age and older.
Racial distribution of Gagetown population: 87.46% are White, 6.43% are Black or African American, 0.32% are American Indian and Alaska Native, 0.64% are some other race and 5.14% are multiracial.