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COMPARING TWO PLACES

Census Tract 4602 vs Census Tract 7060.09

PLACE A
Census Tract 4602, Faribault County, Minnesota
VS
PLACE B
Census Tract 7060.09, Montgomery County, Maryland
Census Tract 4602 is 60% smaller than Census Tract 7060.09. Census Tract 7060.09 earns more, with a median household income $182,501 higher.
CENSUS TRACT 4602CENSUS TRACT 7060.09DIFFERENCE
Total population2,0765,148−60% vs Census Tract 7060.09
Population density191,137−1,118
Median age44.847.0−2.2
Male49.2%50.2%−0.9 pts
Female50.8%49.8%+0.9 pts
Foreign-born3.3%21.8%−18.5 pts
White, non-Hispanic81.2%71.7%+9.5 pts
Black0.5%3.0%−2.4 pts
Hispanic / Latino14.5%7.9%+6.5 pts
Asian0.0%12.2%−12.2 pts
Other3.9%5.3%−1.4 pts
Median household income$67,500$250,001−$182,501
Per capita income$36,957$134,384−$97,427
Poverty rate11.4%4.1%+7.3 pts
Income inequality (Gini)0.4280.462−0.0
Bachelor's degree or higher18.0%89.3%−71.3 pts
Graduate degree3.4%62.9%−59.6 pts
Unemployment rate6.5%5.1%+1.4 pts
Labor force participation59.9%56.5%+3.4 pts
Median home value$129,300$1,502,700−$1,373,400
Median gross rent$747$3,501−$2,754
Owner-occupied78.8%97.3%−18.5 pts
Housing vacancy rate13.6%6.0%+7.6 pts
Rent-burdened households37.9%52.2%−14.2 pts
Average commute23.926.3−2.4
Worked from home5.0%40.1%−35.1 pts
Public transit to work0.0%0.9%−0.9 pts
Uninsured10.2%0.9%+9.3 pts
Population, 20202024
2K3K4K5K6K20202024Census Tract 4602Census Tract 7060.09
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