It had a population of 775 at the time of the 2001 census. Manitou has a weekly newspaper, the Western Canadian. The town's motto is "More Than A Small Town". The town is shaped like a right-angle triangle with PTH 3 forming the base, PR 244 forming the vertical part, and Front Avenue forming the hypotenuse.
Manitou is surrounded by Mennonite communities and is right next to the largest wind farm project in Canada.
Manitou is known for having been the home of social activist Nellie McClung. Robert Ironside owned and operated businesses in the town starting in the 1880s. Thelma Forbes, a politician, was born and raised in Manitou.