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The total population of Olney township is estimated to be 177 with 91 males (51.41%) and 86 females (48.59%). There are 5 less females than males in Olney township.
The median household income in Olney township was $85,122 in 2021, which marked an an increase of 420(0.50%) from $84,702 in 2020. This income is 114.10% 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, Olney township sees its highest median household income among householders in the age group of 25 to 44 years old, at $114,847. Overall, the median household income for the township of Olney township stands at $85,122.
In Olney township, the median income for all workers aged 15 years and older, regardless of work hours, was $53,080 for males and $57,423 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $58,099 for males and $79,567 for females.
In Olney township, population is primarily represented by White households, reporting a median income of $85,797.
In 2022, the population of Olney township was 156, a 0.64% decrease year-by-year from 2021. Previously, in 2021, Olney township's population was 157, a decline of 0.63% compared to a population of 158 in 2020.
The median age in Olney Township, Minnesota is 34.6, as per 2021 ACS 5-Year Estimates. Of the total population, 30.16% were under the age of 15, 12.70% aged 15 to 29, 43.92% aged 30 to 64, 12.70% aged 65 to 84, and 0.53% were 85 years of age and older.
Racial distribution of Olney township population: 90.48% are White, 1.06% are Black or African American and 8.47% are some other race.