COMPARING TWO PLACES

Census Tract 260.24 vs Census Tract 260.23

PLACE A

Census Tract 260.24, Hennepin County, Minnesota

PLACE B

Census Tract 260.23, Hennepin County, Minnesota

Census Tract 260.24 is 10% smaller than Census Tract 260.23. Census Tract 260.23 earns more, with a median household income $17,677 higher.

CENSUS TRACT 260.24CENSUS TRACT 260.23DIFFERENCE

Total population3,2363,607−10% vs Census Tract 260.23

Population density2,3793,164−785

Median age57.044.9+12.1

Male55.5%45.1%+10.3 pts

Female44.5%54.9%−10.3 pts

Foreign-born5.1%23.0%−18.0 pts

White, non-Hispanic88.5%66.2%+22.3 pts

Black1.1%0.9%+0.2 pts

Hispanic / Latino2.2%9.2%−7.0 pts

Asian2.9%15.5%−12.6 pts

Other5.4%8.2%−2.9 pts

Median household income$120,370$138,047−$17,677

Per capita income$79,551$75,170+$4,381

Poverty rate1.1%6.6%−5.5 pts

Income inequality (Gini)0.4440.453Even

Bachelor's degree or higher59.2%66.5%−7.3 pts

Graduate degree19.7%21.7%−2.0 pts

Unemployment rate1.2%7.2%−6.0 pts

Labor force participation61.3%71.4%−10.1 pts

Median home value$422,300$395,700+$26,600

Median gross rent$2,059$1,648+$411

Owner-occupied95.6%79.3%+16.3 pts

Housing vacancy rate5.4%0.7%+4.7 pts

Rent-burdened households55.2%40.3%+14.9 pts

Average commute21.819.7+2.1

Worked from home23.1%32.0%−8.9 pts

Public transit to work0.0%6.9%−6.9 pts

Uninsured2.5%1.6%+0.9 pts

Population, 2020 – 2024