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COMPARING TWO PLACES

Census Tract 4603 vs Census Tract 7060.05

PLACE A
Census Tract 4603, Faribault County, Minnesota
VS
PLACE B
Census Tract 7060.05, Montgomery County, Maryland
Census Tract 4603 is 58% smaller than Census Tract 7060.05. Census Tract 7060.05 earns more, with a median household income $186,824 higher.
CENSUS TRACT 4603CENSUS TRACT 7060.05DIFFERENCE
Total population1,8404,390−58% vs Census Tract 7060.05
Population density111,121−1,110
Median age44.052.4−8.4
Male51.5%50.0%+1.4 pts
Female48.5%50.0%−1.4 pts
Foreign-born0.8%33.2%−32.4 pts
White, non-Hispanic93.5%59.6%+33.9 pts
Black0.3%1.7%−1.4 pts
Hispanic / Latino4.2%6.4%−2.2 pts
Asian0.2%28.5%−28.4 pts
Other1.8%3.7%−1.9 pts
Median household income$63,177$250,001−$186,824
Per capita income$39,760$151,228−$111,468
Poverty rate10.9%1.9%+9.0 pts
Income inequality (Gini)0.4600.480−0.0
Bachelor's degree or higher25.1%88.0%−62.9 pts
Graduate degree6.0%56.0%−50.0 pts
Unemployment rate2.5%2.1%+0.3 pts
Labor force participation64.2%62.8%+1.4 pts
Median home value$156,100$1,620,800−$1,464,700
Median gross rent$954$1,794−$840
Owner-occupied83.9%88.8%−4.9 pts
Housing vacancy rate9.3%4.8%+4.5 pts
Rent-burdened households24.6%85.5%−60.9 pts
Average commute20.528.6−8.1
Worked from home9.6%45.4%−35.8 pts
Public transit to work0.1%2.0%−1.8 pts
Uninsured6.8%1.2%+5.6 pts
Population, 20202024
1K2K3K4K5K20202024Census Tract 4603Census Tract 7060.05
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