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The total population of Lathrup Village is estimated to be 4,076 with 2,076 males (50.93%) and 2,000 females (49.07%). There are 76 less females than males in Lathrup Village.
The median household income in Lathrup Village was $105,109 in 2021, which marked an a decrease of 4,900(4.45%) from $110,009 in 2020. This income is 140.89% 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, Lathrup Village sees its highest median household income among householders in the age group of 45 to 64 years old, at $114,368. Overall, the median household income for the city of Lathrup Village stands at $105,109.
In Lathrup Village, the median income for all workers aged 15 years and older, regardless of work hours, was $52,666 for males and $44,877 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $68,571 for males and $66,341 for females.
In Lathrup Village, there are just two different racial groups among households. Among these, White households report a median household income of $127,659, while Black or African American households have a median household income of $94,404.
In 2022, the population of Lathrup Village was 4,025, a 0.79% decrease year-by-year from 2021. Previously, in 2021, Lathrup Village's population was 4,057, a decline of 0.56% compared to a population of 4,080 in 2020.
The median age in Lathrup Village, MI is 46.1, as per 2021 ACS 5-Year Estimates. Of the total population, 10.83% were under the age of 15, 25.72% aged 15 to 29, 41.63% aged 30 to 64, 19.74% aged 65 to 84, and 2.07% were 85 years of age and older.
Racial distribution of Lathrup Village population: 32.55% are White, 65.76% are Black or African American, 0.49% are American Indian and Alaska Native, 0.20% are some other race and 1% are multiracial.