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The total population of Elba township is estimated to be 5,243 with 2,531 males (48.27%) and 2,712 females (51.73%). There are 181 more females than males in Elba township.
The median household income in Elba township was $93,004 in 2021, which marked an an increase of 11,243(13.75%) from $81,761 in 2020. This income is 124.66% 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, Elba township sees its highest median household income among householders in the age group of 45 to 64 years old, at $111,668. Overall, the median household income for the township of Elba township stands at $93,004.
In Elba township, the median income for all workers aged 15 years and older, regardless of work hours, was $57,153 for males and $34,236 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $87,292 for males and $62,542 for females.
In Elba township, there are just two different racial groups among households. Among these, White households report a median household income of $93,779, while Two or More Races households have a median household income of $68,584.
In 2022, the population of Elba township was 5,234, a 0.02% increase year-by-year from 2021. Previously, in 2021, Elba township's population was 5,233, a decline of 0.02% compared to a population of 5,234 in 2020.
The median age in Elba township, Lapeer County, Michigan is 48.2, as per 2021 ACS 5-Year Estimates. Of the total population, 16.86% were under the age of 15, 14.35% aged 15 to 29, 47.59% aged 30 to 64, 20.50% aged 65 to 84, and 0.70% were 85 years of age and older.
Racial distribution of Elba township population: 98.51% are White and 1.49% are multiracial.