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The total population of Tower is estimated to be 410 with 190 males (46.34%) and 220 females (53.66%). There are 30 more females than males in Tower.
The median household income in Tower was $50,668 in 2021, which marked an a decrease of 7,473(12.85%) from $58,141 in 2020. This income is 67.91% 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, Tower sees its highest median household income among householders in the age group of 45 to 64 years old, at $90,526. Overall, the median household income for the city of Tower stands at $50,668.
In Tower, the median income for all workers aged 15 years and older, regardless of work hours, was $46,711 for males and $27,391 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $56,748 for males and $34,454 for females.
In Tower, population is primarily represented by White households, reporting a median income of $50,668.
In 2022, the population of Tower was 423, a 0.24% decrease year-by-year from 2021. Previously, in 2021, Tower's population was 424, a decline of 0.47% compared to a population of 426 in 2020.
The median age in Tower, MN is 47.0, as per 2021 ACS 5-Year Estimates. Of the total population, 17.35% were under the age of 15, 14.84% aged 15 to 29, 41.32% aged 30 to 64, 23.97% aged 65 to 84, and 2.51% were 85 years of age and older.
Racial distribution of Tower population: 88.13% are White, 2.97% are American Indian and Alaska Native, 0.91% are Asian and 7.99% are multiracial.