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The total population of Little Traverse township is estimated to be 2,647 with 1,454 males (54.93%) and 1,193 females (45.07%). There are 261 less females than males in Little Traverse township.
The median household income in Little Traverse township was $68,608 in 2021, which marked an an increase of 9,482(16.04%) from $59,126 in 2020. This income is 91.96% 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, Little Traverse township sees its highest median household income among householders in the age group of 45 to 64 years old, at $86,228. Overall, the median household income for the township of Little Traverse township stands at $68,608.
In Little Traverse township, the median income for all workers aged 15 years and older, regardless of work hours, was $41,872 for males and $27,415 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $60,944 for males and $44,228 for females.
In Little Traverse township, there are just three different racial groups among households. Among these, Two or More Races households report a median household income of $202,334, followed by American Indian and Alaska Native households at $83,320, and White households with a median household income of $67,557.
In 2022, the population of Little Traverse township was 2,659, a 0.49% decrease year-by-year from 2021. Previously, in 2021, Little Traverse township's population was 2,672, an increase of 0.45% compared to a population of 2,660 in 2020.
The median age in Little Traverse Township, Michigan is 48.8, as per 2021 ACS 5-Year Estimates. Of the total population, 14.84% were under the age of 15, 17.85% aged 15 to 29, 38.63% aged 30 to 64, 28.68% aged 65 to 84, and 0.00% were 85 years of age and older.
Racial distribution of Little Traverse township population: 89.97% are White, 1.60% are Black or African American, 1.37% are American Indian and Alaska Native, 0.69% are some other race and 6.37% are multiracial.