COMPARING TWO PLACES
Census Tract 1055 vs Census Tract 1056
PLACE A
Census Tract 1055, Hennepin County, Minnesota
VS
PLACE B
Census Tract 1056, Hennepin County, Minnesota
Census Tract 1055 is 20% smaller than Census Tract 1056. Census Tract 1055 earns more, with a median household income $58,596 higher.
CENSUS TRACT 1055CENSUS TRACT 1056DIFFERENCE
Total population4,0315,039−20% vs Census Tract 1056
Population density6,89127,091−20,201
Median age36.635.1+1.5
Male53.4%57.8%−4.5 pts
Female46.6%42.2%+4.5 pts
Foreign-born6.2%16.2%−10.0 pts
White, non-Hispanic75.7%55.9%+19.8 pts
Black3.4%12.0%−8.6 pts
Hispanic / Latino15.7%12.1%+3.6 pts
Asian2.0%6.7%−4.8 pts
Other3.2%13.3%−10.1 pts
Median household income$107,143$48,547+$58,596
Per capita income$105,043$63,343+$41,700
Poverty rate5.7%18.3%−12.6 pts
Income inequality (Gini)0.5570.574−0.0
Bachelor's degree or higher73.1%61.2%+11.8 pts
Graduate degree28.5%18.7%+9.8 pts
Unemployment rate2.7%4.5%−1.8 pts
Labor force participation77.7%76.7%+0.9 pts
Median home value$804,000$197,200+$606,800
Median gross rent$1,275$1,085+$190
Owner-occupied41.6%24.5%+17.2 pts
Housing vacancy rate5.8%14.5%−8.7 pts
Rent-burdened households38.9%49.6%−10.7 pts
Average commute25.322.8+2.5
Worked from home27.3%29.9%−2.6 pts
Public transit to work1.3%11.4%−10.1 pts
Uninsured3.0%7.0%−4.0 pts
Population, 2020 – 2024