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The total population of Mankato township is estimated to be 1,871 with 934 males (49.92%) and 937 females (50.08%). There are 3 more females than males in Mankato township.
The median household income in Mankato township was $117,292 in 2021, which marked an an increase of 837(0.72%) from $116,455 in 2020. This income is 157.22% 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, Mankato township sees its highest median household income among householders in the age group of 45 to 64 years old, at $139,843. Overall, the median household income for the township of Mankato township stands at $117,292.
In Mankato township, the median income for all workers aged 15 years and older, regardless of work hours, was $57,854 for males and $39,054 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $74,313 for males and $51,006 for females.
In Mankato township, there are just three different racial groups among households. Among these, Asian households report a median household income of $186,157, followed by Two or More Races households at $168,622, and White households with a median household income of $112,820.
In 2022, the population of Mankato township was 1,804, a 0.00% decrease year-by-year from 2021. Previously, in 2021, Mankato township's population was 1,804, a decline of 0.39% compared to a population of 1,811 in 2020.
The median age in Mankato Township, Minnesota is 47.5, as per 2021 ACS 5-Year Estimates. Of the total population, 17.19% were under the age of 15, 15.43% aged 15 to 29, 49.38% aged 30 to 64, 17.09% aged 65 to 84, and 0.91% were 85 years of age and older.
Racial distribution of Mankato township population: 94.59% are White, 2.41% are Asian, 0.43% are some other race and 2.57% are multiracial.