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The total population of Island Lake township is estimated to be 156 with 82 males (52.56%) and 74 females (47.44%). There are 8 less females than males in Island Lake township.
The median household income in Island Lake township was $95,255 in 2021, which marked an an increase of 4,249(4.67%) from $91,006 in 2020. This income is 127.68% 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, Island Lake township sees its highest median household income among householders in the age group of 25 to 44 years old, at $106,740. Overall, the median household income for the township of Island Lake township stands at $95,255.
In Island Lake township, the median income for all workers aged 15 years and older, regardless of work hours, was $56,478 for males and $45,263 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $59,113 for males and $49,391 for females.
In Island Lake township, population is primarily represented by White households, reporting a median income of $95,255.
In 2022, the population of Island Lake township was 170, a 1.16% decrease year-by-year from 2021. Previously, in 2021, Island Lake township's population was 172, an increase of 0.58% compared to a population of 171 in 2020.
The median age in Island Lake township, Lyon County, Minnesota is 46.8, as per 2021 ACS 5-Year Estimates. Of the total population, 15.79% were under the age of 15, 16.45% aged 15 to 29, 46.05% aged 30 to 64, 21.05% aged 65 to 84, and 0.66% were 85 years of age and older.
Racial distribution of Island Lake township population: 99.34% are White and 0.66% are multiracial.