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The total population of Larchwood is estimated to be 993 with 547 males (55.09%) and 446 females (44.91%). There are 101 less females than males in Larchwood.
The median household income in Larchwood was $56,478 in 2021, which marked an an increase of 5,722(11.27%) from $50,756 in 2020. This income is 75.70% 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, Larchwood sees its highest median household income among householders in the age group of 25 to 44 years old, at $99,777. Overall, the median household income for the city of Larchwood stands at $56,478.
In Larchwood, the median income for all workers aged 15 years and older, regardless of work hours, was $41,435 for males and $28,953 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 $52,501 for females.
In Larchwood, population is primarily represented by White households, reporting a median income of $62,453.
In 2022, the population of Larchwood was 939, a 0.43% increase year-by-year from 2021. Previously, in 2021, Larchwood's population was 935, an increase of 0.97% compared to a population of 926 in 2020.
The median age in Larchwood, IA is 38.9, as per 2021 ACS 5-Year Estimates. Of the total population, 19.36% were under the age of 15, 18.43% aged 15 to 29, 44.20% aged 30 to 64, 15.42% aged 65 to 84, and 2.59% were 85 years of age and older.
Racial distribution of Larchwood population: 93.79% are White, 0.72% are Black or African American, 3% are American Indian and Alaska Native, 1.55% are Asian, 0.10% are some other race and 0.83% are multiracial.