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The total population of Townsend is estimated to be 2,176 with 1,135 males (52.16%) and 1,041 females (47.84%). There are 94 less females than males in Townsend.
The median household income in Townsend was $65,489 in 2021, which marked an a decrease of 337(0.51%) from $65,826 in 2020. This income is 87.78% 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, Townsend sees its highest median household income among householders in the age group of 25 to 44 years old, at $79,594. Overall, the median household income for the city of Townsend stands at $65,489.
In Townsend, the median income for all workers aged 15 years and older, regardless of work hours, was $41,262 for males and $28,043 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $46,979 for males and $47,385 for females.
In Townsend, population is primarily represented by White households, reporting a median income of $65,669.
In 2022, the population of Townsend was 2,071, a 6.31% increase year-by-year from 2021. Previously, in 2021, Townsend's population was 1,948, an increase of 6.68% compared to a population of 1,826 in 2020.
The median age in Townsend, MT is 53.2, as per 2021 ACS 5-Year Estimates. Of the total population, 12.59% were under the age of 15, 14.25% aged 15 to 29, 51.75% aged 30 to 64, 20.73% aged 65 to 84, and 0.67% were 85 years of age and older.
Racial distribution of Townsend population: 96.27% are White, 0.13% are Black or African American, 1.93% are American Indian and Alaska Native, 0.45% are some other race and 1.21% are multiracial.