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The total population of Paddock township is estimated to be 335 with 175 males (52.24%) and 160 females (47.76%). There are 15 less females than males in Paddock township.
The median household income in Paddock township was $56,297 in 2021, which marked an a decrease of 5,318(8.63%) from $61,615 in 2020. This income is 75.46% 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, Paddock township sees its highest median household income among householders in the age group of 45 to 64 years old, at $66,206. Overall, the median household income for the township of Paddock township stands at $56,297.
In Paddock township, the median income for all workers aged 15 years and older, regardless of work hours, was $36,734 for males and $28,374 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $63,166 for males and $39,183 for females.
In Paddock township, population is primarily represented by White households, reporting a median income of $55,172.
In 2022, the population of Paddock township was 326, a 0.31% increase year-by-year from 2021. Previously, in 2021, Paddock township's population was 325, a decline of 0.31% compared to a population of 326 in 2020.
The median age in Paddock Township, Minnesota is 39.5, as per 2021 ACS 5-Year Estimates. Of the total population, 23.84% were under the age of 15, 12.79% aged 15 to 29, 40.41% aged 30 to 64, 19.77% aged 65 to 84, and 3.20% were 85 years of age and older.
Racial distribution of Paddock township population: 94.77% are White, 0.87% are American Indian and Alaska Native, 0.29% are Asian and 4.07% are multiracial.