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The total population of Lakewood township is estimated to be 2,192 with 1,163 males (53.06%) and 1,029 females (46.94%). There are 134 less females than males in Lakewood township.
The median household income in Lakewood township was $103,903 in 2021, which marked an an increase of 1,136(1.11%) from $102,767 in 2020. This income is 139.27% 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, Lakewood township sees its highest median household income among householders in the age group of 25 to 44 years old, at $118,409. Overall, the median household income for the township of Lakewood township stands at $103,903.
In Lakewood township, the median income for all workers aged 15 years and older, regardless of work hours, was $56,072 for males and $33,863 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $81,412 for males and $62,603 for females.
In Lakewood township, population is primarily represented by White households, reporting a median income of $103,903.
In 2022, the population of Lakewood township was 2,327, a 1.31% increase year-by-year from 2021. Previously, in 2021, Lakewood township's population was 2,297, an increase of 0.66% compared to a population of 2,282 in 2020.
The median age in Lakewood Township, Minnesota is 50.2, as per 2021 ACS 5-Year Estimates. Of the total population, 19.04% were under the age of 15, 11.20% aged 15 to 29, 50.07% aged 30 to 64, 19.04% aged 65 to 84, and 0.66% were 85 years of age and older.
Racial distribution of Lakewood township population: 96.55% are White, 0.05% are Black or African American, 0.24% are American Indian and Alaska Native, 0.52% are Asian and 2.65% are multiracial.