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The total population of Solway township is estimated to be 2,002 with 1,026 males (51.25%) and 976 females (48.75%). There are 50 less females than males in Solway township.
The median household income in Solway township was $91,878 in 2021, which marked an a decrease of 5,147(5.30%) from $97,025 in 2020. This income is 123.15% 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, Solway township sees its highest median household income among householders in the age group of 25 to 44 years old, at $124,945. Overall, the median household income for the township of Solway township stands at $91,878.
In Solway township, the median income for all workers aged 15 years and older, regardless of work hours, was $55,345 for males and $37,231 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $68,039 for males and $47,140 for females.
In Solway township, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $132,750, while White households have a median household income of $91,458.
In 2022, the population of Solway township was 2,012, a 0.35% increase year-by-year from 2021. Previously, in 2021, Solway township's population was 2,005, a decline of 0.50% compared to a population of 2,015 in 2020.
The median age in Solway Township, Minnesota is 46.0, as per 2021 ACS 5-Year Estimates. Of the total population, 17.88% were under the age of 15, 15.75% aged 15 to 29, 48.13% aged 30 to 64, 17.72% aged 65 to 84, and 0.52% were 85 years of age and older.
Racial distribution of Solway township population: 96.52% are White, 2.49% are American Indian and Alaska Native, 0.21% are Asian and 0.78% are multiracial.