COMPARING TWO PLACES
Census Tract 7047 vs Census Tract 7360.01
PLACE A
Census Tract 7047, Montgomery County, Maryland
VS
PLACE B
Census Tract 7360.01, Ocean County, New Jersey
Census Tract 7047 and Census Tract 7360.01 are close in size. Census Tract 7047 earns more, with a median household income $146,251 higher.
CENSUS TRACT 7047CENSUS TRACT 7360.01DIFFERENCE
Total population3,6393,644−0% vs Census Tract 7360.01
Population density4,648165+4,483
Median age51.961.1−9.2
Male50.1%47.4%+2.6 pts
Female49.9%52.6%−2.6 pts
Foreign-born21.4%4.6%+16.8 pts
White, non-Hispanic69.3%93.8%−24.5 pts
Black7.3%0.4%+6.9 pts
Hispanic / Latino11.0%1.3%+9.8 pts
Asian9.1%1.9%+7.2 pts
Other3.2%2.6%+0.6 pts
Median household income$250,001$103,750+$146,251
Per capita income$198,176$52,954+$145,222
Poverty rate1.2%3.1%−2.0 pts
Income inequality (Gini)0.4560.385+0.1
Bachelor's degree or higher91.0%36.4%+54.6 pts
Graduate degree71.7%10.7%+61.1 pts
Unemployment rate1.2%3.5%−2.3 pts
Labor force participation65.1%45.1%+20.0 pts
Median home value$1,706,400$416,000+$1,290,400
Median gross rent$2,250$1,900+$350
Owner-occupied92.3%94.5%−2.2 pts
Housing vacancy rate2.4%4.9%−2.5 pts
Rent-burdened households42.7%12.2%+30.5 pts
Average commute28.532.3−3.7
Worked from home30.2%12.7%+17.5 pts
Public transit to work8.0%0.8%+7.2 pts
Uninsured0.3%2.2%−1.9 pts
Population, 2020 – 2024