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The total population of Rich Valley township is estimated to be 592 with 319 males (53.89%) and 273 females (46.11%). There are 46 less females than males in Rich Valley township.
The median household income in Rich Valley township was $91,202 in 2021, which marked an an increase of 551(0.61%) from $90,651 in 2020. This income is 122.24% 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, Rich Valley township sees its highest median household income among householders in the age group of 25 to 44 years old, at $129,034. Overall, the median household income for the township of Rich Valley township stands at $91,202.
In Rich Valley township, the median income for all workers aged 15 years and older, regardless of work hours, was $53,415 for males and $34,550 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $61,513 for males and $50,331 for females.
In Rich Valley township, population is primarily represented by White households, reporting a median income of $88,950.
In 2022, the population of Rich Valley township was 666, a 0.60% decrease year-by-year from 2021. Previously, in 2021, Rich Valley township's population was 670, an increase of 0.45% compared to a population of 667 in 2020.
The median age in Rich Valley Township, Minnesota is 52.3, as per 2021 ACS 5-Year Estimates. Of the total population, 12.15% were under the age of 15, 17.28% aged 15 to 29, 50.81% aged 30 to 64, 18.16% aged 65 to 84, and 1.61% were 85 years of age and older.
Racial distribution of Rich Valley township population: 94.44% are White, 2.20% are Black or African American, 0.44% are Asian, 2.05% are some other race and 0.88% are multiracial.