Lake township is located in Wabasha County, Minnesota. Lake township has a 2026 population of 426. Lake township is currently declining at a rate of -0.7% annually and its population has decreased by -0.47% since the most recent census, which recorded a population of 428 in 2020.
The median household income in Lake township is $96,750 with a poverty rate of 3.85%. The median age in Lake township is 52.6 years: 54.9 years for males, and 50.7 years for females. For every 100 females there are 88.9 males.
Data after 2023 is projected based on recent change
Overall: 52.6 years
Female: 50.7 years
Male: 54.9 years
There are 360 adults, (87 of whom are seniors) in Lake township.
Female: 234 (52.9%)
Male: 208 (47.1%)
The racial composition of Lake township includes 95.25% White, and smaller percentages for Asian, other race and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 421 | 95.25% |
| Two or more races | 14 | 3.17% |
| Asian | 5 | 1.13% |
| Other race | 2 | 0.45% |
Lake township 's average per capita income is $62,083. Household income levels show a median of $96,750. The poverty rate stands at 3.85%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $128,214 | - |
| Families | $125,000 | $160,166 |
| Households | $96,750 | $133,036 |
| Non Families | $48,958 | $61,036 |
Average Income
Median Household Income
Poverty Rate