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The total population of Lake Edward township is estimated to be 2,216 with 1,177 males (53.11%) and 1,039 females (46.89%). There are 138 less females than males in Lake Edward township.
The median household income in Lake Edward township was $79,217 in 2021, which marked an a decrease of 2,254(2.77%) from $81,471 in 2020. This income is 106.18% 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, Lake Edward 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 Lake Edward township stands at $79,217.
In Lake Edward township, the median income for all workers aged 15 years and older, regardless of work hours, was $42,631 for males and $33,082 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $62,377 for males and $48,304 for females.
In Lake Edward township, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $114,997, while White households have a median household income of $78,202.
In 2022, the population of Lake Edward township was 2,174, a 1.07% increase year-by-year from 2021. Previously, in 2021, Lake Edward township's population was 2,151, an increase of 1.75% compared to a population of 2,114 in 2020.
The median age in Lake Edward Township, Minnesota is 54.0, as per 2021 ACS 5-Year Estimates. Of the total population, 10.66% were under the age of 15, 15.00% aged 15 to 29, 46.58% aged 30 to 64, 26.53% aged 65 to 84, and 1.22% were 85 years of age and older.
Racial distribution of Lake Edward township population: 96.07% are White, 1.02% are American Indian and Alaska Native and 2.91% are multiracial.