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COMPARING TWO PLACES

Census Tract 551 vs New Mexico

PLACE A
Census Tract 551, Bergen County, New Jersey
VS
PLACE B
New Mexico
Census Tract 551 is 100% smaller than New Mexico. Census Tract 551 earns more, with a median household income $183,233 higher.
CENSUS TRACT 551NEW MEXICODIFFERENCE
Total population6,8842,120,246−100% vs New Mexico
Population density2,15717+2,139
Population growth2.8%
Median age43.839.4+4.4
Male49.5%49.7%−0.2 pts
Female50.5%50.3%+0.2 pts
Foreign-born34.8%9.4%+25.4 pts
White, non-Hispanic58.6%36.0%+22.6 pts
Black0.9%1.8%−0.9 pts
Hispanic / Latino4.3%48.4%−44.1 pts
Asian30.2%1.6%+28.6 pts
Other6.0%12.2%−6.2 pts
Median household income$247,292$64,059+$183,233
Per capita income$134,799$36,218+$98,581
Poverty rate2.8%17.8%−15.0 pts
Income inequality (Gini)0.4960.477+0.0
Bachelor's degree or higher80.3%31.0%+49.3 pts
Graduate degree50.1%13.9%+36.2 pts
Unemployment rate10.1%6.0%+4.1 pts
Labor force participation66.5%57.8%+8.7 pts
Median home value$1,474,400$248,100+$1,226,300
Median gross rent$3,143$1,067+$2,076
Owner-occupied68.8%70.0%−1.1 pts
Housing vacancy rate6.0%12.5%−6.4 pts
Rent-burdened households22.5%45.0%−22.5 pts
Average commute33.623.5+10.1
Worked from home34.2%12.2%+22.0 pts
Public transit to work6.6%0.6%+6.1 pts
Uninsured3.7%9.6%−5.9 pts
Population, 20202024
0583K1.2M1.7M2.3M20202024Census Tract 551New Mexico
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