COMPARING TWO PLACES
Census Tract 2862 vs Census Tract 2863
PLACE A
Census Tract 2862, Bay County, Michigan
VS
PLACE B
Census Tract 2863, Bay County, Michigan
Census Tract 2862 is 40% larger than Census Tract 2863. Census Tract 2862 earns more, with a median household income $7,477 higher.
CENSUS TRACT 2862CENSUS TRACT 2863DIFFERENCE
Total population4,7083,355+40% vs Census Tract 2863
Population density6989−20
Median age43.146.9−3.8
Male51.7%54.4%−2.6 pts
Female48.3%45.6%+2.6 pts
Foreign-born0.5%2.5%−2.0 pts
White, non-Hispanic96.6%89.4%+7.1 pts
Black0.0%0.0%−0.0 pts
Hispanic / Latino0.7%3.4%−2.7 pts
Asian0.7%1.6%−0.9 pts
Other2.0%5.6%−3.6 pts
Median household income$70,625$63,148+$7,477
Per capita income$36,726$33,721+$3,005
Poverty rate10.3%12.8%−2.5 pts
Income inequality (Gini)0.3730.450−0.1
Bachelor's degree or higher17.3%19.5%−2.2 pts
Graduate degree2.7%4.6%−1.8 pts
Unemployment rate5.2%3.8%+1.4 pts
Labor force participation65.2%49.4%+15.8 pts
Median home value$164,200$116,100+$48,100
Median gross rent$778$650+$128
Owner-occupied93.0%83.7%+9.3 pts
Housing vacancy rate8.6%13.5%−4.9 pts
Rent-burdened households54.2%39.2%+15.0 pts
Average commute26.226.1+0.1
Worked from home11.7%8.6%+3.1 pts
Public transit to work0.1%0.2%−0.1 pts
Uninsured5.1%2.9%+2.2 pts
Population, 2020 – 2024