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The total population of New Folden township is estimated to be 255 with 151 males (59.22%) and 104 females (40.78%). There are 47 less females than males in New Folden township.
The median household income in New Folden township was $62,002 in 2021, which marked an a decrease of 6,737(9.80%) from $68,739 in 2020. This income is 83.11% 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, New Folden township sees its highest median household income among householders in the age group of 45 to 64 years old, at $108,392. Overall, the median household income for the township of New Folden township stands at $62,002.
In New Folden township, the median income for all workers aged 15 years and older, regardless of work hours, was $39,521 for males and $27,698 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $61,402 for males and $60,801 for females.
In New Folden township, population is primarily represented by White households, reporting a median income of $62,002.
In 2022, the population of New Folden township was 213, a 1.39% decrease year-by-year from 2021. Previously, in 2021, New Folden township's population was 216, a decline of 0.46% compared to a population of 217 in 2020.
The median age in New Folden Township, Minnesota is 55.0, as per 2021 ACS 5-Year Estimates. Of the total population, 13.24% were under the age of 15, 8.46% aged 15 to 29, 41.54% aged 30 to 64, 33.82% aged 65 to 84, and 2.94% were 85 years of age and older.
Racial distribution of New Folden township population: 97.43% are White and 2.57% are multiracial.