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The total population of Oakland township is estimated to be 399 with 167 males (41.85%) and 232 females (58.15%). There are 65 more females than males in Oakland township.
The median household income in Oakland township was $93,229 in 2021, which marked an an increase of 19,575(26.58%) from $73,654 in 2020. This income is 124.96% 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, Oakland township sees its highest median household income among householders in the age group of 45 to 64 years old, at $101,142. Overall, the median household income for the township of Oakland township stands at $93,229.
In Oakland township, the median income for all workers aged 15 years and older, regardless of work hours, was $56,635 for males and $34,859 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $68,077 for males and $45,939 for females.
In Oakland township, population is primarily represented by White households, reporting a median income of $90,526.
In 2022, the population of Oakland township was 357, a 0.56% decrease year-by-year from 2021. Previously, in 2021, Oakland township's population was 359, a decline of 0.28% compared to a population of 360 in 2020.
The median age in Oakland township, Freeborn County, Minnesota is 41.4, as per 2021 ACS 5-Year Estimates. Of the total population, 22.93% were under the age of 15, 16.85% aged 15 to 29, 43.37% aged 30 to 64, 14.92% aged 65 to 84, and 1.93% were 85 years of age and older.
Racial distribution of Oakland township population: 87.29% are White, 0.55% are Asian, 3.59% are some other race and 8.56% are multiracial.