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The total population of Hematite township is estimated to be 275 with 140 males (50.91%) and 135 females (49.09%). There are 5 less females than males in Hematite township.
The median household income in Hematite township was $35,289 in 2021, which marked an an increase of 1,861(5.57%) from $33,428 in 2020. This income is 47.30% 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, Hematite township sees its highest median household income among householders in the age group of 65 years and over old, at $35,552. Overall, the median household income for the township of Hematite township stands at $35,289.
In Hematite township, the median income for all workers aged 15 years and older, regardless of work hours, was $35,371 for males and $14,694 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $52,694 for males and $33,103 for females.
In Hematite township, population is primarily represented by White households, reporting a median income of $35,289.
In 2022, the population of Hematite township was 271, a 0.74% increase year-by-year from 2021. Previously, in 2021, Hematite township's population was 269, a decline of 0.37% compared to a population of 270 in 2020.
The median age in Hematite Township, Michigan is 67.6, as per 2021 ACS 5-Year Estimates. Of the total population, 9.79% were under the age of 15, 1.70% aged 15 to 29, 32.77% aged 30 to 64, 48.51% aged 65 to 84, and 7.23% were 85 years of age and older.
Racial distribution of Hematite township population: 97.45% are White and 2.55% are multiracial.