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The total population of Medford township is estimated to be 932 with 443 males (47.53%) and 489 females (52.47%). There are 46 more females than males in Medford township.
The median household income in Medford township was $70,109 in 2021, which marked an an increase of 6,032(9.41%) from $64,077 in 2020. This income is 93.97% 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, Medford township sees its highest median household income among householders in the age group of 45 to 64 years old, at $89,925. Overall, the median household income for the township of Medford township stands at $70,109.
In Medford township, the median income for all workers aged 15 years and older, regardless of work hours, was $46,892 for males and $31,462 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $48,561 for males and $40,309 for females.
In Medford township, there are just two different racial groups among households. Among these, White households report a median household income of $84,785, while Some Other Race households have a median household income of $53,838.
In 2022, the population of Medford township was 847, a 0.24% decrease year-by-year from 2021. Previously, in 2021, Medford township's population was 849, an increase of 0.47% compared to a population of 845 in 2020.
The median age in Medford Township, Minnesota is 34.5, as per 2021 ACS 5-Year Estimates. Of the total population, 28.09% were under the age of 15, 17.33% aged 15 to 29, 44.56% aged 30 to 64, 9.47% aged 65 to 84, and 0.54% were 85 years of age and older.
Racial distribution of Medford township population: 69.43% are White, 2.05% are Black or African American, 0.54% are American Indian and Alaska Native, 1.29% are Asian, 2.48% are Native Hawaiian and other Pacific Islander, 16.58% are some other race and 7.64% are multiracial.