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CENSUS TRACT

Census Tract 7039.01

Maryland · Montgomery County · 3,257 residents · 0.548 sq mi
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167015.067017.027021.0270227023.017024.027026.0270287029703070317032.077032.097034.047036.017036.027039.027041705170527039.01
TRACT SHAPE · Montgomery County, MD
The short version

Census Tract 7039.01 is significantly wealthier than the US average, with a median household income of $190,114. Population has held roughly steady since 2020. 71% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $647,400. Households here earn about 44% more than the Montgomery County median.

At a glance
Wealthier
above the US median
US median: $82,259
Mid-age
median age 39.3
US median: 38.9
More educated
71% 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
3,257
+1%since 2020
from 3,232 in 2020
2020 – 2024
Population density
5,943 / sq mi
+1%since 2020
from 5,898 / sq mi in 2020
US average: 281
Median age
39.3
−6%since 2020
from 41.6 in 2020
US average: 38.9
Population, 20202024
3K3K3K3K3K20202024Census Tract 7039.01
20243K
20202024
Section 02

Income & economy

Median household income
$190,114
−2%inflation adjusted, since 2020
from $160,357 in 2020
US average: $82,259
2020 – 2024
Per capita income
$74,060
+27%since 2020
from $58,371 in 2020
US average: $44,673
Households earning $100K+
86.8%
+6.4 ptssince 2020
from 80.4% in 2020
US average: 53.3%
Poverty rate
6.8%
+4.8 ptssince 2020
from 2.0% in 2020
US average: 12.5%
Income inequality (Gini)
0.350
+5%since 2020
from 0.332 in 2020
US average: 0.476
Workforce by industry, 2024
Arts, entertainment, food7.7%
US avg: 1.9%
Information5.6%
US avg: 10.8%
Other services5.1%
US avg: 6.7%
Wholesale trade3.5%
US avg: 6.9%
Public administration2.8%
US avg: 4.8%
Finance & insurance2.6%
US avg: 5.9%
Professional, scientific, technical2.3%
US avg: 5.1%
Transportation & warehousing2%
US avg: 2.2%
Retail trade1.6%
US avg: 9.9%
Agriculture, forestry, fishing1.3%
US avg: 1.6%
Construction1.3%
US avg: 1.2%
Education & health services0.3%
US avg: 0.9%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$647,400
+13%inflation adjusted, since 2020
from $471,600 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$3,092
+9%inflation adjusted, since 2020
from $2,346 in 2020
US average: $1,442
Owner-occupied
89.6%
+2.7 ptssince 2020
from 86.8% in 2020
10.4% rent
Vacancy rate
1.7%
+0.9 ptssince 2020
from 0.8% in 2020
US average: 10.0%
Owner cost-burdened
7.7%
−10.4 ptssince 2020
from 18.1% in 2020
US average: 22.9%
Renter cost-burdened
52.6%
+5.7 ptssince 2020
from 46.9% in 2020
US average: 47.4%
Afford Score
3.4
+16%since 2020
from 2.9 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 7039.01 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic56.3%(1,820)
Black11.5%(372)
Hispanic / Latino17.8%(575)
Asian10.6%(342)
Other3.8%(123)
Diversity Score78.2%(2,526)
2024
White, non-Hispanic56.8%(1,849)
Black13.5%(439)
Hispanic / Latino15.8%(513)
Asian6.1%(200)
Other7.9%(256)
Diversity Score78.1%(2,544)
Diversity Score
78
Unchangedsince 2020
from 78 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
70.8%
+0.2 ptssince 2020
from 70.6% in 2020
US average: 35.6%
High school or higher
93.7%
−2.0 ptssince 2020
from 95.7% in 2020
US average: 89.6%
Graduate degree
35.2%
+1.0 ptssince 2020
from 34.2% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
38.5 min
−3%since 2020
from 39.7 min in 2020
US average: 26.5
Drive alone to work
36.5%
−9.9 ptssince 2020
from 46.4% in 2020
US average: 68.9%
Carpooled to work
4.6%
−5.6 ptssince 2020
from 10.2% in 2020
US average: 8.5%
Public transit
11.5%
−6.9 ptssince 2020
from 18.4% in 2020
US average: 3.2%
Worked from home
45.4%
+23.8 ptssince 2020
from 21.6% in 2020
US average: 15.0%
Walked to work
0.0%
−1.9 ptssince 2020
from 1.9% in 2020
US average: 2.4%
Biked to work
0.5%
−1.1 ptssince 2020
from 1.6% in 2020
US average: 0.4%
No vehicle available
6.0%
+4.1 ptssince 2020
from 1.9% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
3.8%
+0.6 ptssince 2020
from 3.2% in 2020
US average: 5.2%
Labor force participation
78.5%
+0.8 ptssince 2020
from 77.7% in 2020
US average: 63.5%
Self-employed
12.4%
+6.5 ptssince 2020
from 6.0% in 2020
US average: 13.1%
Management & professional
66.4%
−1.3 ptssince 2020
from 67.7% in 2020
US average: 42.5%
Section 08

People & community

Male
50.4%
+1.0 ptssince 2020
from 49.4% in 2020
Female
49.6%
−1.0 ptssince 2020
from 50.6% in 2020
Foreign born
19.7%
−1.5 ptssince 2020
from 21.3% in 2020
US average: 14.1%
Veterans
3.2%
−2.0 ptssince 2020
from 5.1% in 2020
US average: 6.2%
With a disability
4.8%
+1.2 ptssince 2020
from 3.6% in 2020
US average: 13.3%
Uninsured
7.4%
+3.8 ptssince 2020
from 3.6% in 2020
US average: 8.4%
Broadband at home
97.3%
+4.1 ptssince 2020
from 93.2% in 2020
US average: 91.0%
English only at home
71.3%
+5.3 ptssince 2020
from 66.1% in 2020
US average: 77.7%
Spanish at home
13.8%
−2.2 ptssince 2020
from 16.0% 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 3,257 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 $190,114 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 $647,400, and the typical rent is about $3,092 a month.

How educated are people in this census tract?

About 70.8% 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 6.8% 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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