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COMPARING TWO PLACES

Census Tract 5340 vs Census Tract 5306.03

PLACE A
Census Tract 5340, Summit County, Ohio
VS
PLACE B
Census Tract 5306.03, Summit County, Ohio
Census Tract 5340 is 54% larger than Census Tract 5306.03. Census Tract 5340 earns more, with a median household income $85,174 higher.
CENSUS TRACT 5340CENSUS TRACT 5306.03DIFFERENCE
Total population7,2504,713+54% vs Census Tract 5306.03
Population density7951,162−367
Median age46.536.8+9.7
Male49.8%48.9%+0.9 pts
Female50.2%51.1%−0.9 pts
Foreign-born8.3%8.9%−0.6 pts
White, non-Hispanic85.8%68.4%+17.3 pts
Black4.1%11.0%−6.9 pts
Hispanic / Latino1.8%0.7%+1.2 pts
Asian6.5%11.1%−4.5 pts
Other1.7%8.8%−7.1 pts
Median household income$156,591$71,417+$85,174
Per capita income$74,057$42,890+$31,167
Poverty rate4.6%10.6%−6.0 pts
Income inequality (Gini)0.4080.407Even
Bachelor's degree or higher75.5%46.8%+28.6 pts
Graduate degree35.9%15.3%+20.6 pts
Unemployment rate0.2%12.1%−12.0 pts
Labor force participation62.2%72.2%−10.1 pts
Median home value$489,000$241,000+$248,000
Median gross rent$2,637$1,264+$1,373
Owner-occupied75.8%41.6%+34.1 pts
Housing vacancy rate6.2%6.2%−0.1 pts
Rent-burdened households44.1%50.4%−6.3 pts
Average commute27.820.2+7.5
Worked from home29.4%9.1%+20.3 pts
Public transit to work0.0%0.2%−0.2 pts
Uninsured1.2%5.9%−4.7 pts
Population, 20202024
4K5K6K7K8K20202024Census Tract 5340Census Tract 5306.03
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