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The total population of Grace township is estimated to be 63 with 37 males (58.73%) and 26 females (41.27%). There are 11 less females than males in Grace township.
The median household income in Grace township was $69,584 in 2021, which marked an a decrease of 765(1.09%) from $70,349 in 2020. This income is 93.27% 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, Grace township sees its highest median household income among householders in the age group of 45 to 64 years old, at $83,095. Overall, the median household income for the township of Grace township stands at $69,584.
In Grace township, the median income for all workers aged 15 years and older, regardless of work hours, was $58,099 for males and $14,863 for females. However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $56,411 for males, while data for females was unavailable due to an insufficient number of sample observations.
In Grace township, population is primarily represented by White households, reporting a median income of $71,610.
In 2022, the population of Grace township was 100, a 0.99% decrease year-by-year from 2021. Previously, in 2021, Grace township's population was 101, a decline of 1.94% compared to a population of 103 in 2020.
The median age in Grace Township, Minnesota is 52.6, as per 2021 ACS 5-Year Estimates. Of the total population, 16.07% were under the age of 15, 10.71% aged 15 to 29, 50.00% aged 30 to 64, 23.21% aged 65 to 84, and 0.00% were 85 years of age and older.
Racial distribution of Grace township population: 98.21% are White and 1.79% are multiracial.