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The total population of Springvale township is estimated to be 2,336 with 1,159 males (49.61%) and 1,177 females (50.39%). There are 18 more females than males in Springvale township.
The median household income in Springvale township was $84,542 in 2021, which marked an an increase of 2,794(3.42%) from $81,748 in 2020. This income is 113.32% 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, Springvale township sees its highest median household income among householders in the age group of 25 to 44 years old, at $95,087. Overall, the median household income for the township of Springvale township stands at $84,542.
In Springvale township, the median income for all workers aged 15 years and older, regardless of work hours, was $47,060 for males and $31,415 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $63,053 for males and $47,895 for females.
In Springvale township, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $154,368, while White households have a median household income of $84,414.
In 2022, the population of Springvale township was 2,148, a 0.37% decrease year-by-year from 2021. Previously, in 2021, Springvale township's population was 2,156, an increase of 0.47% compared to a population of 2,146 in 2020.
The median age in Springvale Township, Michigan is 45.3, as per 2021 ACS 5-Year Estimates. Of the total population, 16.64% were under the age of 15, 17.56% aged 15 to 29, 53.52% aged 30 to 64, 12.01% aged 65 to 84, and 0.26% were 85 years of age and older.
Racial distribution of Springvale township population: 97.07% are White, 0.26% are American Indian and Alaska Native, 0.61% are some other race and 2.05% are multiracial.