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

Population by Race

White

Native American

Two or more races

Black or African American

Asian

Native Hawaiian or Pacific Islander

Other race

Race	Population	Percentage (of total)
White	268	98.53%
Native American	2	0.74%
Two or more races	2	0.74%
Black or African American	0	0%
Asian	0	0%
Native Hawaiian or Pacific Islander	0	0%
Other race	0	0%

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