Lake Valley township

County:: Traverse County
County Seat:: No
Area (mi²):: 59.045
State:: Minnesota

Lake Valley township is located in Traverse County, Minnesota. Lake Valley township has a 2025 population of 183. Lake Valley township is currently declining at a rate of -2.14% annually and its population has decreased by -7.58% since the most recent census, which recorded a population of 198 in 2020.

The average household income in Lake Valley township is $141,812 with a poverty rate of 3.31%.The median age in Lake Valley township is 56.3 years: 53.1 years for males, and 58.8 years for females.

Demographics

The racial composition of Lake Valley township includes 98.53% White, and smaller percentages for Native American, Two or more races and multiracial populations.

Population by Race

Race	Population	Percentage (of total)
White	268	98.53%
Native American	2	0.74%
Two or more races	2	0.74%

Lake Valley township Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Lake Valley township's average per capita income is $62,500. Household income levels show a median of $108,906. The poverty rate stands at 3.31%.

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
Families	$121,042	$172,428
Married Families	$109,531	-
Households	$108,906	$141,812
Non Families	$16,500	$74,939

$62,500

Average Income

$108,906

Median Household Income

3.31%

Poverty Rate