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COMPARING TWO PLACES

Census Tract 5340 vs Census Tract 5306.05

PLACE A
Census Tract 5340, Summit County, Ohio
VS
PLACE B
Census Tract 5306.05, Summit County, Ohio
Census Tract 5340 is 30% larger than Census Tract 5306.05. Census Tract 5340 earns more, with a median household income $55,678 higher.
CENSUS TRACT 5340CENSUS TRACT 5306.05DIFFERENCE
Total population7,2505,567+30% vs Census Tract 5306.05
Population density7952,417−1,622
Median age46.541.3+5.2
Male49.8%49.1%+0.7 pts
Female50.2%50.9%−0.7 pts
Foreign-born8.3%4.6%+3.7 pts
White, non-Hispanic85.8%88.8%−3.1 pts
Black4.1%5.8%−1.7 pts
Hispanic / Latino1.8%0.3%+1.5 pts
Asian6.5%0.6%+5.9 pts
Other1.7%4.5%−2.7 pts
Median household income$156,591$100,913+$55,678
Per capita income$74,057$51,083+$22,974
Poverty rate4.6%6.7%−2.1 pts
Income inequality (Gini)0.4080.389+0.0
Bachelor's degree or higher75.5%56.2%+19.2 pts
Graduate degree35.9%24.6%+11.3 pts
Unemployment rate0.2%0.9%−0.7 pts
Labor force participation62.2%66.0%−3.9 pts
Median home value$489,000$300,800+$188,200
Median gross rent$2,637$1,544+$1,093
Owner-occupied75.8%73.5%+2.2 pts
Housing vacancy rate6.2%2.9%+3.3 pts
Rent-burdened households44.1%48.8%−4.7 pts
Average commute27.826.0+1.8
Worked from home29.4%18.6%+10.8 pts
Public transit to work0.0%0.0%Even
Uninsured1.2%2.6%−1.4 pts
Population, 20202024
5K5K6K7K7K20202024Census Tract 5340Census Tract 5306.05
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