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The total population of Montgomery township is estimated to be 735 with 392 males (53.33%) and 343 females (46.67%). There are 49 less females than males in Montgomery township.
The median household income in Montgomery township was $97,282 in 2021, which marked an an increase of 13,136(15.61%) from $84,146 in 2020. This income is 130.39% 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, Montgomery township sees its highest median household income among householders in the age group of 45 to 64 years old, at $109,105. Overall, the median household income for the township of Montgomery township stands at $97,282.
In Montgomery township, the median income for all workers aged 15 years and older, regardless of work hours, was $65,125 for males and $34,623 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $81,485 for males and $57,559 for females.
In Montgomery township, population is primarily represented by White households, reporting a median income of $97,282.
In 2022, the population of Montgomery township was 716, a 0.85% increase year-by-year from 2021. Previously, in 2021, Montgomery township's population was 710, an increase of 0.28% compared to a population of 708 in 2020.
The median age in Montgomery Township, Minnesota is 41.8, as per 2021 ACS 5-Year Estimates. Of the total population, 19.82% were under the age of 15, 14.90% aged 15 to 29, 51.71% aged 30 to 64, 12.52% aged 65 to 84, and 1.04% were 85 years of age and older.
Racial distribution of Montgomery township population: 100% are White.