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The total population of Venice township is estimated to be 2,368 with 1,162 males (49.07%) and 1,206 females (50.93%). There are 44 more females than males in Venice township.
The median household income in Venice township was $62,975 in 2021, which marked an a decrease of 2,889(4.39%) from $65,864 in 2020. This income is 84.41% 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, Venice township sees its highest median household income among householders in the age group of 45 to 64 years old, at $87,284. Overall, the median household income for the township of Venice township stands at $62,975.
In Venice township, the median income for all workers aged 15 years and older, regardless of work hours, was $44,858 for males and $25,294 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $54,811 for males and $36,908 for females.
In Venice township, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $162,632, while White households have a median household income of $62,085.
In 2022, the population of Venice township was 2,428, a 0.17% increase year-by-year from 2021. Previously, in 2021, Venice township's population was 2,424, an increase of 0.25% compared to a population of 2,418 in 2020.
The median age in Venice Township, Michigan is 50.1, as per 2021 ACS 5-Year Estimates. Of the total population, 14.47% were under the age of 15, 17.13% aged 15 to 29, 42.17% aged 30 to 64, 23.57% aged 65 to 84, and 2.66% were 85 years of age and older.
Racial distribution of Venice township population: 94.05% are White, 0.53% are Black or African American, 0.09% are American Indian and Alaska Native, 0.44% are Asian, 0.80% are some other race and 4.08% are multiracial.