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The total population of Sharon township is estimated to be 1,925 with 975 males (50.65%) and 950 females (49.35%). There are 25 less females than males in Sharon township.
The median household income in Sharon township was $99,361 in 2021, which marked an an increase of 3,853(4.03%) from $95,508 in 2020. This income is 133.18% 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, Sharon township sees its highest median household income among householders in the age group of 45 to 64 years old, at $130,723. Overall, the median household income for the township of Sharon township stands at $99,361.
In Sharon township, the median income for all workers aged 15 years and older, regardless of work hours, was $47,986 for males and $34,871 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $67,719 for males and $51,343 for females.
In Sharon township, there are just two different racial groups among households. Among these, White households report a median household income of $100,323, while Two or More Races households have a median household income of $97,733.
In 2022, the population of Sharon township was 1,795, a 0.83% decrease year-by-year from 2021. Previously, in 2021, Sharon township's population was 1,810, a decline of 0.17% compared to a population of 1,813 in 2020.
The median age in Sharon Township, Michigan is 50.4, as per 2021 ACS 5-Year Estimates. Of the total population, 14.44% were under the age of 15, 15.79% aged 15 to 29, 48.34% aged 30 to 64, 19.46% aged 65 to 84, and 1.97% were 85 years of age and older.
Racial distribution of Sharon township population: 94.31% are White, 0.47% are Black or African American, 0.05% are some other race and 5.18% are multiracial.