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The total population of Peninsula township is estimated to be 6,063 with 2,656 males (43.81%) and 3,407 females (56.19%). There are 751 more females than males in Peninsula township.
The median household income in Peninsula township was $121,467 in 2021, which marked an a decrease of 2,376(1.92%) from $123,843 in 2020. This income is 162.81% 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, Peninsula township sees its highest median household income among householders in the age group of 45 to 64 years old, at $138,473. Overall, the median household income for the township of Peninsula township stands at $121,467.
In Peninsula township, the median income for all workers aged 15 years and older, regardless of work hours, was $74,763 for males and $26,974 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $113,243 for males and $45,316 for females.
In Peninsula township, population is primarily represented by White households, reporting a median income of $122,085.
In 2022, the population of Peninsula township was 6,114, a 0.05% increase year-by-year from 2021. Previously, in 2021, Peninsula township's population was 6,111, an increase of 0.63% compared to a population of 6,073 in 2020.
The median age in Peninsula Township, Michigan is 57.1, as per 2021 ACS 5-Year Estimates. Of the total population, 11.07% were under the age of 15, 12.05% aged 15 to 29, 40.57% aged 30 to 64, 33.01% aged 65 to 84, and 3.30% were 85 years of age and older.
Racial distribution of Peninsula township population: 95.45% are White, 0.10% are Black or African American, 1.49% are some other race and 2.95% are multiracial.