CENSUS TRACT
Census Tract 702
Iowa · Wayne County · 1,492 residents · 207.886 sq mi
Notable rankings
#6lowest low rent in IA#936 US$537#14lowest low density in IA#1482 US7.18/sq mi#20highest commute in IA30.7 min#78highest old in IA48.5 yrsTRACT SHAPE · Wayne County, IA
The short version
Census Tract 702 has lower-than-average household income, with a median household income of $62,969. Population has held roughly steady since 2020. 22% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $119,000. With a median age of 48.5, the population is older than the US median of 38.9.
At a glance
Lower income
below the US median
US median: $82,259
Older
median age 48.5
US median: 38.9
Less educated
22% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01
Population & growth
Total population
1,492
−3%since 2020
from 1,536 in 2020
2020 – 2024
Population density
7 / sq mi
−3%since 2020
from 7 / sq mi in 2020
US average: 281
Median age
48.5
−9%since 2020
from 53.3 in 2020
US average: 38.9
Population, 2020 – 2024
20241K
Section 02
Income & economy
Median household income
$62,969
Unchangedinflation adjusted, since 2020
from $51,923 in 2020
US average: $82,259
2020 – 2024
Per capita income
$44,120
+26%since 2020
from $34,920 in 2020
US average: $44,673
Households earning $100K+
47.1%
+18.0 ptssince 2020
from 29.1% in 2020
US average: 53.3%
Poverty rate
10.9%
−2.1 ptssince 2020
from 13.0% in 2020
US average: 12.5%
Income inequality (Gini)
0.502
Unchangedsince 2020
from 0.502 in 2020
US average: 0.476
Workforce by industry, 2024
Information15.7%
Retail trade14.2%
Agriculture, forestry, fishing10.4%
Construction9.4%
Wholesale trade7.1%
Finance & insurance6.7%
Professional, scientific, technical6.4%
Transportation & warehousing5.8%
Other services3.2%
Public administration3.2%
Manufacturing1%
Education & health services0.2%
Arts, entertainment, food0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$119,000
+23%inflation adjusted, since 2020
from $79,500 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$537
−10%inflation adjusted, since 2020
from $491 in 2020
US average: $1,442
Owner-occupied
85.0%
+4.3 ptssince 2020
from 80.7% in 2020
15.0% rent
Vacancy rate
23.8%
−1.1 ptssince 2020
from 24.8% in 2020
US average: 10.0%
Owner cost-burdened
22.0%
+3.0 ptssince 2020
from 19.0% in 2020
US average: 22.9%
Renter cost-burdened
16.7%
−0.6 ptssince 2020
from 17.3% in 2020
US average: 47.4%
Afford Score
1.9
+23%since 2020
from 1.5 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 702 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic96.2%(1,477)
Black0%(0)
Hispanic / Latino1%(15)
Asian0%(0)
Other2.9%(44)
Diversity Score9.3%(143)
2024
White, non-Hispanic94.6%(1,412)
Black0%(0)
Hispanic / Latino2.3%(34)
Asian0%(0)
Other3.1%(46)
Diversity Score12.9%(192)
Diversity Score
13
+38%since 2020
from 9 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
22.1%
+8.4 ptssince 2020
from 13.7% in 2020
US average: 35.6%
High school or higher
95.0%
+2.1 ptssince 2020
from 92.9% in 2020
US average: 89.6%
Graduate degree
5.7%
+1.7 ptssince 2020
from 3.9% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
30.7 min
+3%since 2020
from 29.8 min in 2020
US average: 26.5
Drive alone to work
74.4%
−8.7 ptssince 2020
from 83.2% in 2020
US average: 68.9%
Carpooled to work
13.2%
+4.6 ptssince 2020
from 8.6% in 2020
US average: 8.5%
Public transit
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
9.4%
+4.4 ptssince 2020
from 4.9% in 2020
US average: 15.0%
Walked to work
3.0%
+1.2 ptssince 2020
from 1.9% in 2020
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
5.5%
+3.0 ptssince 2020
from 2.5% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
2.1%
+0.6 ptssince 2020
from 1.4% in 2020
US average: 5.2%
Labor force participation
68.3%
+8.3 ptssince 2020
from 60.0% in 2020
US average: 63.5%
Self-employed
14.6%
−6.4 ptssince 2020
from 21.1% in 2020
US average: 13.1%
Management & professional
30.6%
−2.9 ptssince 2020
from 33.4% in 2020
US average: 42.5%
Section 08
People & community
Male
54.8%
+3.8 ptssince 2020
from 51.0% in 2020
Female
45.2%
−3.8 ptssince 2020
from 49.0% in 2020
Foreign born
1.3%
−0.7 ptssince 2020
from 2.0% in 2020
US average: 14.1%
Veterans
5.9%
−2.9 ptssince 2020
from 8.8% in 2020
US average: 6.2%
With a disability
13.3%
−4.5 ptssince 2020
from 17.8% in 2020
US average: 13.3%
Uninsured
3.3%
−0.7 ptssince 2020
from 4.0% in 2020
US average: 8.4%
Broadband at home
90.0%
+13.6 ptssince 2020
from 76.4% in 2020
US average: 91.0%
English only at home
98.7%
+2.3 ptssince 2020
from 96.4% in 2020
US average: 77.7%
Spanish at home
1.3%
+0.3 ptssince 2020
from 1.0% in 2020
US average: 13.6%
Drill deeper
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Compare Census Tract 702 to nearby tracts
CENSUS TRACT 702 VS
Census Tract 701
Income$62,589−1%
Home value$93,500−21%
Population2,712+82%
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CENSUS TRACT 702 VS
Census Tract 703
Income$58,869−7%
Home value$155,900+31%
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CENSUS TRACT 702 VS
Census Tract 9601
Income$72,218+15%
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CENSUS TRACT 702 VS
Census Tract 9603
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Frequently asked
How many people live in this census tract?
this census tract has about 1,492 residents according to the 2024 American Community Survey.
What is the median household income in this census tract?
The typical household in this census tract earns about $62,969 a year. Half of households make more than that, and half make less.
Is this census tract expensive?
In this census tract, the median home is worth about $119,000, and the typical rent is about $537 a month.
How educated are people in this census tract?
About 22.1% of adults age 25 and over in this census tract hold a bachelor's degree or higher.
What is the poverty rate in this census tract?
About 10.9% of people in this census tract live below the federal poverty line.
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Containing area
Wayne CountyDATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024