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COMPARING TWO PLACES

Census Tract 4604 vs Census Tract 7060.05

PLACE A
Census Tract 4604, Faribault County, Minnesota
VS
PLACE B
Census Tract 7060.05, Montgomery County, Maryland
Census Tract 4604 is 26% smaller than Census Tract 7060.05. Census Tract 7060.05 earns more, with a median household income $182,970 higher.
CENSUS TRACT 4604CENSUS TRACT 7060.05DIFFERENCE
Total population3,2674,390−26% vs Census Tract 7060.05
Population density4591,121−662
Median age42.552.4−9.9
Male49.8%50.0%−0.3 pts
Female50.2%50.0%+0.3 pts
Foreign-born3.7%33.2%−29.5 pts
White, non-Hispanic82.9%59.6%+23.3 pts
Black1.0%1.7%−0.6 pts
Hispanic / Latino13.3%6.4%+6.9 pts
Asian1.3%28.5%−27.3 pts
Other1.5%3.7%−2.3 pts
Median household income$67,031$250,001−$182,970
Per capita income$36,663$151,228−$114,565
Poverty rate10.9%1.9%+9.0 pts
Income inequality (Gini)0.4100.480−0.1
Bachelor's degree or higher22.9%88.0%−65.1 pts
Graduate degree7.3%56.0%−48.7 pts
Unemployment rate2.5%2.1%+0.4 pts
Labor force participation64.3%62.8%+1.5 pts
Median home value$146,100$1,620,800−$1,474,700
Median gross rent$929$1,794−$865
Owner-occupied69.9%88.8%−19.0 pts
Housing vacancy rate12.6%4.8%+7.8 pts
Rent-burdened households43.0%85.5%−42.5 pts
Average commute13.728.6−14.9
Worked from home6.5%45.4%−38.9 pts
Public transit to work0.7%2.0%−1.3 pts
Uninsured5.5%1.2%+4.3 pts
Population, 20202024
3K3K4K4K5K20202024Census Tract 4604Census Tract 7060.05
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