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The total population of Preston Lake township is estimated to be 210 with 112 males (53.33%) and 98 females (46.67%). There are 14 less females than males in Preston Lake township.
The median household income in Preston Lake township was $60,415 in 2021, which marked an a decrease of 4,268(6.60%) from $64,683 in 2020. This income is 80.98% 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, Preston Lake township sees its highest median household income among householders in the age group of 25 to 44 years old, at $89,175. Overall, the median household income for the township of Preston Lake township stands at $60,415.
In Preston Lake township, the median income for all workers aged 15 years and older, regardless of work hours, was $44,588 for males and $34,623 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 $42,561 for females.
In Preston Lake township, population is primarily represented by White households, reporting a median income of $60,415.
In 2022, the population of Preston Lake township was 243, a 0.82% decrease year-by-year from 2021. Previously, in 2021, Preston Lake township's population was 245, an increase of 0.41% compared to a population of 244 in 2020.
The median age in Preston Lake Township, Minnesota is 49.0, as per 2021 ACS 5-Year Estimates. Of the total population, 14.56% were under the age of 15, 8.25% aged 15 to 29, 56.80% aged 30 to 64, 15.05% aged 65 to 84, and 5.34% were 85 years of age and older.
Racial distribution of Preston Lake township population: 100% are White.