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The total population of Powell township is estimated to be 797 with 409 males (51.32%) and 388 females (48.68%). There are 21 less females than males in Powell township.
The median household income in Powell township was $46,132 in 2021, which marked an an increase of 2,038(4.62%) from $44,094 in 2020. This income is 61.83% 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, Powell township sees its highest median household income among householders in the age group of 25 to 44 years old, at $70,512. Overall, the median household income for the township of Powell township stands at $46,132.
In Powell township, the median income for all workers aged 15 years and older, regardless of work hours, was $37,720 for males and $21,618 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $63,214 for males and $27,842 for females.
In Powell township, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $47,194, while White households have a median household income of $43,110.
In 2022, the population of Powell township was 745, a 0.54% increase year-by-year from 2021. Previously, in 2021, Powell township's population was 741, an increase of 0.68% compared to a population of 736 in 2020.
The median age in Powell Township, Michigan is 55.1, as per 2021 ACS 5-Year Estimates. Of the total population, 10.81% were under the age of 15, 19.68% aged 15 to 29, 41.94% aged 30 to 64, 19.68% aged 65 to 84, and 7.90% were 85 years of age and older.
Racial distribution of Powell township population: 93.39% are White, 0.32% are Black or African American and 6.29% are multiracial.