COMPARING TWO PLACES
Census Tract 247 vs New Mexico
PLACE A
Census Tract 247, Hennepin County, Minnesota
VS
PLACE B
New Mexico
Census Tract 247 is 100% smaller than New Mexico. Census Tract 247 earns more, with a median household income $58,469 higher.
CENSUS TRACT 247NEW MEXICODIFFERENCE
Total population3,2172,120,246−100% vs New Mexico
Population density4,15117+4,133
Population growth–2.8%–
Median age39.539.4+0.1
Male52.8%49.7%+3.2 pts
Female47.2%50.3%−3.2 pts
Foreign-born10.6%9.4%+1.2 pts
White, non-Hispanic68.6%36.0%+32.6 pts
Black5.2%1.8%+3.3 pts
Hispanic / Latino19.4%48.4%−29.0 pts
Asian2.5%1.6%+0.9 pts
Other4.3%12.2%−7.8 pts
Median household income$122,528$64,059+$58,469
Per capita income$53,276$36,218+$17,058
Poverty rate5.0%17.8%−12.8 pts
Income inequality (Gini)0.3840.477−0.1
Bachelor's degree or higher53.6%31.0%+22.6 pts
Graduate degree15.0%13.9%+1.1 pts
Unemployment rate2.8%6.0%−3.2 pts
Labor force participation76.3%57.8%+18.5 pts
Median home value$356,000$248,100+$107,900
Median gross rent$1,173$1,067+$106
Owner-occupied84.6%70.0%+14.6 pts
Housing vacancy rate0.8%12.5%−11.7 pts
Rent-burdened households34.5%45.0%−10.5 pts
Average commute21.523.5−2.0
Worked from home24.1%12.2%+11.9 pts
Public transit to work4.6%0.6%+4.0 pts
Uninsured1.1%9.6%−8.5 pts
Population, 2020 – 2024