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The total population of Cato township is estimated to be 2,928 with 1,618 males (55.26%) and 1,310 females (44.74%). There are 308 less females than males in Cato township.
The median household income in Cato township was $60,210 in 2021, which marked an an increase of 1,618(2.76%) from $58,592 in 2020. This income is 80.70% 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, Cato township sees its highest median household income among householders in the age group of 45 to 64 years old, at $75,394. Overall, the median household income for the township of Cato township stands at $60,210.
In Cato township, the median income for all workers aged 15 years and older, regardless of work hours, was $35,679 for males and $23,635 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $55,224 for males and $57,784 for females.
In Cato township, there are just two different racial groups among households. Among these, White households report a median household income of $62,404, while Two or More Races households have a median household income of $44,068.
In 2022, the population of Cato township was 2,961, a 0.68% increase year-by-year from 2021. Previously, in 2021, Cato township's population was 2,941, an increase of 1.31% compared to a population of 2,903 in 2020.
The median age in Cato Township, Michigan is 40.3, as per 2021 ACS 5-Year Estimates. Of the total population, 17.06% were under the age of 15, 20.73% aged 15 to 29, 45.28% aged 30 to 64, 14.04% aged 65 to 84, and 2.89% were 85 years of age and older.
Racial distribution of Cato township population: 93.89% are White, 1.38% are Black or African American, 0.40% are Asian, 0.20% are some other race and 4.13% are multiracial.