Oakwood Township, Minnesota Demographics

The total population of Oakwood township is estimated to be 380 with 209 males (55.00%) and 171 females (45.00%). There are 38 less females than males in Oakwood township.
The median household income in Oakwood township was $80,393 in 2021, which marked an a decrease of 8,234(9.29%) from $88,627 in 2020. This income is 107.76% 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, Oakwood township sees its highest median household income among householders in the age group of 25 to 44 years old, at $104,038. Overall, the median household income for the township of Oakwood township stands at $80,393.
In Oakwood township, the median income for all workers aged 15 years and older, regardless of work hours, was $44,974 for males and $31,836 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $58,606 for males and $48,725 for females.
In Oakwood township, population is primarily represented by White households, reporting a median income of $80,393.
In 2022, the population of Oakwood township was 388, a 0.78% increase year-by-year from 2021. Previously, in 2021, Oakwood township's population was 385, an increase of 0.52% compared to a population of 383 in 2020.
The median age in Oakwood Township, Minnesota is 50.7, as per 2021 ACS 5-Year Estimates. Of the total population, 13.62% were under the age of 15, 13.37% aged 15 to 29, 55.27% aged 30 to 64, 17.74% aged 65 to 84, and 0.00% were 85 years of age and older.
Racial distribution of Oakwood township population: 100% are White.