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The total population of Peaine township is estimated to be 307 with 153 males (49.84%) and 154 females (50.16%). There are 1 more females than males in Peaine township.
The median household income in Peaine township was $66,881 in 2021, which marked an an increase of 7,036(11.76%) from $59,845 in 2020. This income is 89.65% 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, Peaine 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 Peaine township stands at $66,881.
In Peaine township, the median income for all workers aged 15 years and older, regardless of work hours, was $37,832 for males and $35,280 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $79,942 for males and $48,304 for females.
In Peaine township, population is primarily represented by White households, reporting a median income of $65,530.
In 2022, the population of Peaine township was 271, a 0.74% increase year-by-year from 2021. Previously, in 2021, Peaine township's population was 269, an increase of 0.37% compared to a population of 268 in 2020.
The median age in Peaine Township, Michigan is 67.6, as per 2021 ACS 5-Year Estimates. Of the total population, 8.45% were under the age of 15, 4.58% aged 15 to 29, 28.17% aged 30 to 64, 47.54% aged 65 to 84, and 11.27% were 85 years of age and older.
Racial distribution of Peaine township population: 97.54% are White, 1.76% are American Indian and Alaska Native and 0.70% are multiracial.