Lake township

County:: Wabasha County
County Seat:: No
Area (mi²):: 24.641
State:: Minnesota

Lake township is located in Wabasha County, Minnesota. Lake township has a 2025 population of 432. Lake township is currently declining at a rate of -0.23% annually but its population has increased by 0.7% since the most recent census, which recorded a population of 429 in 2020.

The average household income in Lake township is $124,219 with a poverty rate of 3.27%.The median age in Lake township is 47.8 years: 51.3 years for males, and 35.5 years for females.

Demographics

The racial composition of Lake township includes 96.35% White, and smaller percentages for Two or more races, Asian and multiracial populations.

Population by Race

Race	Population	Percentage (of total)
White	501	96.35%
Two or more races	15	2.88%
Asian	4	0.77%

Lake township Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Lake township's average per capita income is $54,950. Household income levels show a median of $101,250. The poverty rate stands at 3.27%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$125,750	-
Families	$116,250	$143,943
Households	$101,250	$124,219
Non Families	$47,083	$54,704

$54,950

Average Income

$101,250

Median Household Income

3.27%

Poverty Rate