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COMPARING TWO PLACES

Census Tract 701 vs Census Tract 708.01

PLACE A
Census Tract 701, Grant County, Minnesota
VS
PLACE B
Census Tract 708.01, Floyd County, Indiana
Census Tract 701 and Census Tract 708.01 are close in size. Census Tract 701 earns more, with a median household income $43,442 higher.
CENSUS TRACT 701CENSUS TRACT 708.01DIFFERENCE
Total population3,3613,403−1% vs Census Tract 708.01
Population density171,530−1,513
Median age41.934.8+7.1
Male50.0%43.2%+6.8 pts
Female50.0%56.8%−6.8 pts
Foreign-born1.2%0.7%+0.5 pts
White, non-Hispanic92.8%63.6%+29.2 pts
Black0.8%17.7%−16.8 pts
Hispanic / Latino2.6%8.2%−5.6 pts
Asian0.1%0.0%+0.1 pts
Other3.7%10.5%−6.8 pts
Median household income$72,470$29,028+$43,442
Per capita income$40,936$22,920+$18,016
Poverty rate12.4%40.1%−27.7 pts
Income inequality (Gini)0.4860.501−0.0
Bachelor's degree or higher22.7%15.0%+7.6 pts
Graduate degree7.3%6.8%+0.5 pts
Unemployment rate2.6%10.8%−8.3 pts
Labor force participation61.8%55.4%+6.5 pts
Median home value$175,500$170,300+$5,200
Median gross rent$762$654+$108
Owner-occupied78.5%28.1%+50.3 pts
Housing vacancy rate22.9%4.2%+18.7 pts
Rent-burdened households32.5%46.3%−13.8 pts
Average commute22.618.5+4.1
Worked from home12.9%10.0%+2.9 pts
Public transit to work0.3%0.1%+0.2 pts
Uninsured5.0%6.7%−1.7 pts
Population, 20202024
3K3K3K3K3K20202024Census Tract 701Census Tract 708.01
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