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The total population of Welch township is estimated to be 862 with 402 males (46.64%) and 460 females (53.36%). There are 58 more females than males in Welch township.
The median household income in Welch township was $111,874 in 2021, which marked an a decrease of 24(0.02%) from $111,898 in 2020. This income is 149.95% 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, Welch township sees its highest median household income among householders in the age group of 45 to 64 years old, at $139,506. Overall, the median household income for the township of Welch township stands at $111,874.
In Welch township, the median income for all workers aged 15 years and older, regardless of work hours, was $60,531 for males and $31,752 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $77,015 for males and $57,018 for females.
In Welch township, population is primarily represented by White households, reporting a median income of $116,198.
In 2022, the population of Welch township was 850, a 0.47% decrease year-by-year from 2021. Previously, in 2021, Welch township's population was 854, an increase of 0.59% compared to a population of 849 in 2020.
The median age in Welch Township, Minnesota is 42.1, as per 2021 ACS 5-Year Estimates. Of the total population, 18.52% were under the age of 15, 19.54% aged 15 to 29, 48.77% aged 30 to 64, 12.59% aged 65 to 84, and 0.58% were 85 years of age and older.
Racial distribution of Welch township population: 72.65% are White, 0.14% are Black or African American, 11.43% are American Indian and Alaska Native, 4.05% are Asian, 2.32% are some other race and 9.41% are multiracial.