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The total population of Oak Valley township is estimated to be 318 with 181 males (56.92%) and 137 females (43.08%). There are 44 less females than males in Oak Valley township.
The median household income in Oak Valley township was $71,610 in 2021, which marked an an increase of 25,010(53.67%) from $46,600 in 2020. This income is 95.98% 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, Oak Valley township sees its highest median household income among householders in the age group of 45 to 64 years old, at $106,470. Overall, the median household income for the township of Oak Valley township stands at $71,610.
In Oak Valley township, the median income for all workers aged 15 years and older, regardless of work hours, was $42,561 for males and $28,509 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $58,999 for males and $41,435 for females.
In Oak Valley township, population is primarily represented by White households, reporting a median income of $71,610.
In 2022, the population of Oak Valley township was 368, a 0.27% increase year-by-year from 2021. Previously, in 2021, Oak Valley township's population was 367, a decline of 0.27% compared to a population of 368 in 2020.
The median age in Oak Valley Township, Minnesota is 38.5, as per 2021 ACS 5-Year Estimates. Of the total population, 19.08% were under the age of 15, 20.92% aged 15 to 29, 39.08% aged 30 to 64, 19.69% aged 65 to 84, and 1.23% were 85 years of age and older.
Racial distribution of Oak Valley township population: 98.15% are White and 1.85% are multiracial.