COMPARING TWO PLACES

Census Tract 7043 vs Census Tract 7012.23

PLACE A

Census Tract 7043, Montgomery County, Maryland

PLACE B

Census Tract 7012.23, Montgomery County, Maryland

Census Tract 7043 is 36% larger than Census Tract 7012.23. Census Tract 7043 earns more, with a median household income $97,654 higher.

CENSUS TRACT 7043CENSUS TRACT 7012.23DIFFERENCE

Total population4,0172,963+36% vs Census Tract 7012.23

Population density5,13010,736−5,605

Median age39.636.2+3.4

Male48.8%47.3%+1.6 pts

Female51.2%52.7%−1.6 pts

Foreign-born10.4%26.4%−16.0 pts

White, non-Hispanic73.1%53.5%+19.7 pts

Black4.0%7.3%−3.3 pts

Hispanic / Latino3.8%21.0%−17.1 pts

Asian8.4%12.3%−3.9 pts

Other10.6%6.0%+4.7 pts

Median household income$220,375$122,721+$97,654

Per capita income$86,948$74,336+$12,612

Poverty rate5.1%3.7%+1.4 pts

Income inequality (Gini)0.4020.336+0.1

Bachelor's degree or higher84.7%85.0%−0.3 pts

Graduate degree56.0%47.3%+8.7 pts

Unemployment rate6.6%1.1%+5.5 pts

Labor force participation69.8%85.0%−15.3 pts

Median home value$922,700$466,900+$455,800

Median gross rent$2,864$2,607+$257

Owner-occupied90.4%44.5%+45.9 pts

Housing vacancy rate2.1%7.2%−5.1 pts

Rent-burdened households19.2%47.8%−28.6 pts

Average commute29.128.5+0.6

Worked from home45.2%42.7%+2.5 pts

Public transit to work5.6%5.9%−0.3 pts

Uninsured0.3%1.7%−1.4 pts

Population, 2020 – 2024