Homestead township is located in Otter Tail County, Minnesota. Homestead township has a 2026 population of 390. Homestead township is currently declining at a rate of -0.76% annually and its population has decreased by -2.01% since the most recent census, which recorded a population of 398 in 2020.
The median household income in Homestead township is $107,778 with a poverty rate of 5.92%. The median age in Homestead township is 40.9 years: 44.5 years for males, and 34.8 years for females. For every 100 females there are 101.9 males.
Data after 2023 is projected based on recent change
Overall: 40.9 years
Female: 34.8 years
Male: 44.5 years
There are 233 adults, (57 of whom are seniors) in Homestead township.
Female: 159 (49.5%)
Male: 162 (50.5%)
The racial composition of Homestead township includes 96.57% White, and smaller percentages for Asian and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 310 | 96.57% |
| Two or more races | 10 | 3.12% |
| Asian | 1 | 0.31% |
Homestead township 's average per capita income is $59,500. Household income levels show a median of $107,778. The poverty rate stands at 5.92%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $119,167 | - |
| Families | $112,500 | $115,516 |
| Households | $107,778 | $106,063 |
| Non Families | $50,000 | $42,558 |
Average Income
Median Household Income
Poverty Rate