COMPARING TWO PLACES

Census Tract 7045.01 vs Census Tract 7012.22

PLACE A

Census Tract 7045.01, Montgomery County, Maryland

PLACE B

Census Tract 7012.22, Montgomery County, Maryland

Census Tract 7045.01 is 10% smaller than Census Tract 7012.22. Census Tract 7045.01 earns more, with a median household income $86,552 higher.

CENSUS TRACT 7045.01CENSUS TRACT 7012.22DIFFERENCE

Total population3,2233,574−10% vs Census Tract 7012.22

Population density3,7657,855−4,090

Median age44.650.6−6.0

Male50.1%47.8%+2.3 pts

Female49.9%52.2%−2.3 pts

Foreign-born24.9%41.4%−16.5 pts

White, non-Hispanic58.1%52.5%+5.6 pts

Black4.9%11.6%−6.7 pts

Hispanic / Latino11.4%7.0%+4.4 pts

Asian15.1%21.9%−6.7 pts

Other10.5%7.0%+3.5 pts

Median household income$239,405$152,853+$86,552

Per capita income$92,258$99,786−$7,528

Poverty rate0.9%5.3%−4.4 pts

Income inequality (Gini)0.3720.472−0.1

Bachelor's degree or higher80.3%83.7%−3.4 pts

Graduate degree52.7%56.2%−3.5 pts

Unemployment rate4.0%5.5%−1.6 pts

Labor force participation69.5%56.0%+13.5 pts

Median home value$951,500$731,300+$220,200

Median gross rent$3,501$2,471+$1,030

Owner-occupied88.1%68.1%+20.0 pts

Housing vacancy rate9.3%6.7%+2.6 pts

Rent-burdened households14.6%43.8%−29.2 pts

Average commute28.728.6+0.1

Worked from home29.6%42.8%−13.3 pts

Public transit to work3.8%5.8%−2.0 pts

Uninsured0.7%2.4%−1.7 pts

Population, 2020 – 2024