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The total population of St. Olaf township is estimated to be 373 with 179 males (47.99%) and 194 females (52.01%). There are 15 more females than males in St. Olaf township.
The median household income in St. Olaf township was $93,004 in 2021, which marked an an increase of 3,592(4.02%) from $89,412 in 2020. This income is 124.66% 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, St. Olaf township sees its highest median household income among householders in the age group of 25 to 44 years old, at $97,733. Overall, the median household income for the township of St. Olaf township stands at $93,004.
In St. Olaf township, the median income for all workers aged 15 years and older, regardless of work hours, was $51,884 for males and $37,021 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $63,504 for males and $56,748 for females.
In St. Olaf township, population is primarily represented by White households, reporting a median income of $93,679.
In 2022, the population of St. Olaf township was 387, a 0.26% increase year-by-year from 2021. Previously, in 2021, St. Olaf township's population was 386, a decline of 0.26% compared to a population of 387 in 2020.
The median age in St. Olaf Township, Minnesota is 49.6, as per 2021 ACS 5-Year Estimates. Of the total population, 16.25% were under the age of 15, 14.57% aged 15 to 29, 47.34% aged 30 to 64, 21.85% aged 65 to 84, and 0.00% were 85 years of age and older.
Racial distribution of St. Olaf township population: 89.92% are White, 1.12% are American Indian and Alaska Native and 8.96% are multiracial.