Lakeport Township, Minnesota Demographics

The total population of Lakeport township is estimated to be 866 with 476 males (54.97%) and 390 females (45.03%). There are 86 less females than males in Lakeport township.
The median household income in Lakeport township was $73,314 in 2021, which marked an an increase of 4,192(6.06%) from $69,122 in 2020. This income is 98.27% 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, Lakeport township sees its highest median household income among householders in the age group of 45 to 64 years old, at $105,389. Overall, the median household income for the township of Lakeport township stands at $73,314.
In Lakeport township, the median income for all workers aged 15 years and older, regardless of work hours, was $48,078 for males and $26,295 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $59,856 for males and $52,694 for females.
In Lakeport township, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $74,313, while White households have a median household income of $73,186.
In 2022, the population of Lakeport township was 857, a 0.82% increase year-by-year from 2021. Previously, in 2021, Lakeport township's population was 850, an increase of 1.31% compared to a population of 839 in 2020.
The median age in Lakeport Township, Minnesota is 53.7, as per 2021 ACS 5-Year Estimates. Of the total population, 13.62% were under the age of 15, 7.85% aged 15 to 29, 49.94% aged 30 to 64, 27.98% aged 65 to 84, and 0.61% were 85 years of age and older.
Racial distribution of Lakeport township population: 94.85% are White, 0.37% are Black or African American, 1.47% are American Indian and Alaska Native and 3.31% are multiracial.