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The total population of Waterford township is estimated to be 528 with 306 males (57.95%) and 222 females (42.05%). There are 84 less females than males in Waterford township.
The median household income in Waterford township was $104,848 in 2021, which marked an a decrease of 125(0.12%) from $104,973 in 2020. This income is 140.54% 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, Waterford township sees its highest median household income among householders in the age group of 45 to 64 years old, at $129,259. Overall, the median household income for the township of Waterford township stands at $104,848.
In Waterford township, the median income for all workers aged 15 years and older, regardless of work hours, was $47,965 for males and $28,445 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $76,452 for males and $51,494 for females.
In Waterford township, population is primarily represented by White households, reporting a median income of $104,173.
In 2022, the population of Waterford township was 521, a 2.25% decrease year-by-year from 2021. Previously, in 2021, Waterford township's population was 533, a decline of 0.74% compared to a population of 537 in 2020.
The median age in Waterford Township, Minnesota is 43.7, as per 2021 ACS 5-Year Estimates. Of the total population, 15.04% were under the age of 15, 22.74% aged 15 to 29, 47.37% aged 30 to 64, 13.16% aged 65 to 84, and 1.69% were 85 years of age and older.
Racial distribution of Waterford township population: 83.83% are White, 1.32% are Black or African American, 4.14% are some other race and 10.71% are multiracial.