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, Black or African American, Native American, Native Hawaiian or Pacific Islander, other race and multiracial populations.

Population by Race

White

Two or more races

Asian

Black or African American

Native American

Native Hawaiian or Pacific Islander

Other race

Race	Population	Percentage (of total)
White	501	96.35%
Two or more races	15	2.88%
Asian	4	0.77%
Black or African American	0	0%
Native American	0	0%
Native Hawaiian or Pacific Islander	0	0%
Other race	0	0%

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