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The total population of Victory township is estimated to be 1,438 with 764 males (53.13%) and 674 females (46.87%). There are 90 less females than males in Victory township.
The median household income in Victory township was $72,545 in 2021, which marked an an increase of 4,759(7.02%) from $67,786 in 2020. This income is 97.24% 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, Victory township sees its highest median household income among householders in the age group of 25 to 44 years old, at $109,593. Overall, the median household income for the township of Victory township stands at $72,545.
In Victory township, the median income for all workers aged 15 years and older, regardless of work hours, was $43,293 for males and $21,256 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $57,199 for males and $35,040 for females.
In Victory township, population is primarily represented by White households, reporting a median income of $72,754.
In 2022, the population of Victory township was 1,428, a 0.21% increase year-by-year from 2021. Previously, in 2021, Victory township's population was 1,425, an increase of 1.35% compared to a population of 1,406 in 2020.
The median age in Victory Township, Michigan is 43.4, as per 2021 ACS 5-Year Estimates. Of the total population, 12.74% were under the age of 15, 21.06% aged 15 to 29, 44.80% aged 30 to 64, 19.99% aged 65 to 84, and 1.41% were 85 years of age and older.
Racial distribution of Victory township population: 97.32% are White, 0.27% are American Indian and Alaska Native and 2.41% are multiracial.