COMPARING TWO PLACES
Census Tract 16.03 vs Census Tract 24.04
PLACE A
Census Tract 16.03, Olmsted County, Minnesota
VS
PLACE B
Census Tract 24.04, Sarasota County, Florida
Census Tract 16.03 is 122% larger than Census Tract 24.04. Census Tract 16.03 earns more, with a median household income $71,937 higher.
CENSUS TRACT 16.03CENSUS TRACT 24.04DIFFERENCE
Total population4,9012,207+122% vs Census Tract 24.04
Population density2012,059−1,858
Median age44.061.3−17.3
Male45.8%40.5%+5.4 pts
Female54.2%59.5%−5.4 pts
Foreign-born10.6%10.2%+0.4 pts
White, non-Hispanic79.8%72.5%+7.3 pts
Black0.4%0.0%+0.4 pts
Hispanic / Latino2.8%18.8%−16.0 pts
Asian12.1%0.4%+11.7 pts
Other4.9%8.4%−3.5 pts
Median household income$144,786$72,849+$71,937
Per capita income$70,269$47,451+$22,818
Poverty rate4.8%10.9%−6.2 pts
Income inequality (Gini)0.4510.431+0.0
Bachelor's degree or higher56.7%34.5%+22.2 pts
Graduate degree30.1%10.7%+19.4 pts
Unemployment rate2.8%0.0%+2.8 pts
Labor force participation66.6%45.9%+20.7 pts
Median home value$491,700$295,200+$196,500
Median gross rent$1,985$1,486+$499
Owner-occupied94.5%82.2%+12.3 pts
Housing vacancy rate3.9%24.1%−20.1 pts
Rent-burdened households42.0%50.8%−8.8 pts
Average commute18.724.7−6.0
Worked from home16.8%14.4%+2.4 pts
Public transit to work0.3%0.0%+0.3 pts
Uninsured2.1%8.3%−6.2 pts
Population, 2020 – 2024