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CENSUS TRACT

Census Tract 7002.04

Maryland · Montgomery County · 2,304 residents · 14.477 sq mi
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7002.077002.04
TRACT SHAPE · Montgomery County, MD
The short version

Census Tract 7002.04 is significantly wealthier than the US average, with a median household income of $130,285. Population has held roughly steady since 2020. Median home value is $502,500. With a median age of 56.6, the population is older than the US median of 38.9. Poverty is rare here, at 5.8% of residents.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 56.6
US median: 38.9
Average education
38% hold a bachelor's degree
US average: 36%
More affordable
home values down 6%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
2,304
+8%since 2020
from 2,141 in 2020
2020 – 2024
Population density
159 / sq mi
+8%since 2020
from 148 / sq mi in 2020
US average: 281
Median age
56.6
+2%since 2020
from 55.5 in 2020
US average: 38.9
Population, 20202024
2K2K2K2K2K20202024Census Tract 7002.04
20242K
20202024
Section 02

Income & economy

Median household income
$130,285
+20%inflation adjusted, since 2020
from $89,875 in 2020
US average: $82,259
2020 – 2024
Per capita income
$51,737
+11%since 2020
from $46,497 in 2020
US average: $44,673
Households earning $100K+
62.8%
+6.8 ptssince 2020
from 56.1% in 2020
US average: 53.3%
Poverty rate
5.8%
+1.9 ptssince 2020
from 3.9% in 2020
US average: 12.5%
Income inequality (Gini)
0.403
−18%since 2020
from 0.493 in 2020
US average: 0.476
Workforce by industry, 2024
Wholesale trade17.7%
US avg: 6.9%
Agriculture, forestry, fishing12%
US avg: 1.6%
Construction12%
US avg: 1.2%
Information6.3%
US avg: 10.8%
Other services4.1%
US avg: 6.7%
Finance & insurance2.4%
US avg: 5.9%
Public administration1.8%
US avg: 4.8%
Professional, scientific, technical1.7%
US avg: 5.1%
Retail trade0.7%
US avg: 9.9%
Education & health services0.7%
US avg: 0.9%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$502,500
−6%inflation adjusted, since 2020
from $441,400 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,841
+11%inflation adjusted, since 2020
from $1,368 in 2020
US average: $1,442
Owner-occupied
95.8%
+4.9 ptssince 2020
from 90.9% in 2020
4.2% rent
Vacancy rate
4.7%
−4.4 ptssince 2020
from 9.1% in 2020
US average: 10.0%
Owner cost-burdened
36.2%
−1.0 ptssince 2020
from 37.3% in 2020
US average: 22.9%
Renter cost-burdened
0.0%
−18.2 ptssince 2020
from 18.2% in 2020
US average: 47.4%
Afford Score
3.9
−21%since 2020
from 4.9 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 7002.04 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic81.8%(1,752)
Black3.7%(80)
Hispanic / Latino13.1%(281)
Asian1.3%(28)
Other0%(0)
Diversity Score38.9%(834)
2024
White, non-Hispanic74.2%(1,709)
Black4.2%(96)
Hispanic / Latino12.5%(287)
Asian1.1%(25)
Other8.1%(187)
Diversity Score53.2%(1,226)
Diversity Score
53
+37%since 2020
from 39 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
37.8%
+4.2 ptssince 2020
from 33.5% in 2020
US average: 35.6%
High school or higher
96.3%
+3.0 ptssince 2020
from 93.3% in 2020
US average: 89.6%
Graduate degree
14.4%
+2.9 ptssince 2020
from 11.5% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
32.9 min
−13%since 2020
from 37.7 min in 2020
US average: 26.5
Drive alone to work
55.2%
−14.9 ptssince 2020
from 70.1% in 2020
US average: 68.9%
Carpooled to work
9.6%
+4.1 ptssince 2020
from 5.5% in 2020
US average: 8.5%
Public transit
0.5%
−2.1 ptssince 2020
from 2.6% in 2020
US average: 3.2%
Worked from home
33.7%
+12.3 ptssince 2020
from 21.3% in 2020
US average: 15.0%
Walked to work
1.1%
+0.6 ptssince 2020
from 0.5% 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
0.9%
−0.3 ptssince 2020
from 1.2% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
3.0%
+1.0 ptssince 2020
from 2.0% in 2020
US average: 5.2%
Labor force participation
62.4%
−1.2 ptssince 2020
from 63.7% in 2020
US average: 63.5%
Self-employed
12.2%
−2.4 ptssince 2020
from 14.6% in 2020
US average: 13.1%
Management & professional
44.9%
+15.6 ptssince 2020
from 29.3% in 2020
US average: 42.5%
Section 08

People & community

Male
52.6%
+2.1 ptssince 2020
from 50.4% in 2020
Female
47.4%
−2.1 ptssince 2020
from 49.6% in 2020
Foreign born
10.2%
−1.3 ptssince 2020
from 11.5% in 2020
US average: 14.1%
Veterans
5.0%
−2.9 ptssince 2020
from 7.9% in 2020
US average: 6.2%
With a disability
18.7%
−0.2 ptssince 2020
from 18.9% in 2020
US average: 13.3%
Uninsured
2.0%
+0.5 ptssince 2020
from 1.5% in 2020
US average: 8.4%
Broadband at home
90.0%
+4.8 ptssince 2020
from 85.2% in 2020
US average: 91.0%
English only at home
87.4%
+0.9 ptssince 2020
from 86.5% in 2020
US average: 77.7%
Spanish at home
7.0%
−3.2 ptssince 2020
from 10.2% in 2020
US average: 13.6%
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Frequently asked

How many people live in this census tract?

this census tract has about 2,304 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 $130,285 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 $502,500, and the typical rent is about $1,841 a month.

How educated are people in this census tract?

About 37.8% 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 5.8% of people in this census tract live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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