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The total population of Richmond township is estimated to be 477 with 254 males (53.25%) and 223 females (46.75%). There are 31 less females than males in Richmond township.
The median household income in Richmond township was $74,170 in 2021, which marked an an increase of 1,460(2.01%) from $72,710 in 2020. This income is 99.42% 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, Richmond township sees its highest median household income among householders in the age group of 45 to 64 years old, at $114,246. Overall, the median household income for the township of Richmond township stands at $74,170.
In Richmond township, the median income for all workers aged 15 years and older, regardless of work hours, was $49,181 for males and $34,454 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $59,282 for males and $48,948 for females.
In Richmond township, population is primarily represented by White households, reporting a median income of $74,384.
In 2022, the population of Richmond township was 640, a 0.00% decrease year-by-year from 2021. Previously, in 2021, Richmond township's population was 640, an increase of 0.31% compared to a population of 638 in 2020.
The median age in Richmond Township, Minnesota is 52.3, as per 2021 ACS 5-Year Estimates. Of the total population, 9.60% were under the age of 15, 17.33% aged 15 to 29, 47.81% aged 30 to 64, 24.01% aged 65 to 84, and 1.25% were 85 years of age and older.
Racial distribution of Richmond township population: 98.75% are White and 1.25% are some other race.