Wealthwood township

County:: Aitkin County
County Seat:: No
Area (mi²):: 23.167
State:: Minnesota

Wealthwood township is located in Aitkin County, Minnesota. Wealthwood township has a 2025 population of 260. Wealthwood township is currently declining at a rate of -0.38% annually but its population has increased by 1.96% since the most recent census, which recorded a population of 255 in 2020.

The average household income in Wealthwood township is $77,175 with a poverty rate of 12.82%. The median age in Wealthwood township is 61.5 years: 60.5 years for males, and 63.4 years for females.

Demographics

The racial composition of Wealthwood township includes 94.87% White, and smaller percentages for Two or more races, Asian, other race, Native American, Black or African American, Native Hawaiian or Pacific Islander and multiracial populations.

Population by Race

White

Two or more races

Asian

Other race

Native American

Black or African American

Native Hawaiian or Pacific Islander

Race	Population	Percentage (of total)
White	259	94.87%
Two or more races	8	2.93%
Asian	3	1.1%
Other race	2	0.73%
Native American	1	0.37%
Black or African American	0	0%
Native Hawaiian or Pacific Islander	0	0%

Wealthwood township Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Wealthwood township's average per capita income is $42,083. Household income levels show a median of $62,000. The poverty rate stands at 12.82%.

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	$78,750	-
Families	$77,500	$93,858
Households	$62,000	$77,175
Non Families	$36,500	$39,698

$42,083

Average Income

$62,000

Median Household Income

12.82%

Poverty Rate