COMPARING TWO PLACES
Census Tract 241 vs Census Tract 240.05
PLACE A
Census Tract 241, Hennepin County, Minnesota
VS
PLACE B
Census Tract 240.05, Hennepin County, Minnesota
Census Tract 241 and Census Tract 240.05 are close in size. Census Tract 241 earns more, with a median household income $16,962 higher.
CENSUS TRACT 241CENSUS TRACT 240.05DIFFERENCE
Total population3,3463,224+4% vs Census Tract 240.05
Population density4,9357,245−2,310
Median age42.141.1+1.0
Male48.5%45.5%+3.0 pts
Female51.5%54.5%−3.0 pts
Foreign-born12.6%19.6%−7.0 pts
White, non-Hispanic73.8%71.2%+2.6 pts
Black5.2%17.8%−12.5 pts
Hispanic / Latino13.7%2.8%+10.9 pts
Asian3.9%5.6%−1.7 pts
Other3.3%2.5%+0.8 pts
Median household income$96,848$79,886+$16,962
Per capita income$52,891$60,208−$7,317
Poverty rate9.7%10.1%−0.4 pts
Income inequality (Gini)0.3930.433−0.0
Bachelor's degree or higher53.0%59.3%−6.2 pts
Graduate degree14.1%17.6%−3.5 pts
Unemployment rate3.2%2.7%+0.5 pts
Labor force participation72.6%67.3%+5.3 pts
Median home value$362,500$204,800+$157,700
Median gross rent$1,204$1,965−$761
Owner-occupied72.6%28.0%+44.6 pts
Housing vacancy rate9.7%6.5%+3.2 pts
Rent-burdened households61.8%41.5%+20.3 pts
Average commute23.118.4+4.7
Worked from home16.6%34.0%−17.5 pts
Public transit to work3.7%2.5%+1.2 pts
Uninsured2.1%1.7%+0.4 pts
Population, 2020 – 2024