CENSUS TRACT
Census Tract 1406
Michigan · Oakland County · 3,106 residents · 0.849 sq mi
Notable rankings
#382highest rent burden in MI63.3%TRACT SHAPE · Oakland County, MI
The short version
Census Tract 1406 has roughly average household income, with a median household income of $85,450. Population has grown 20% since 2020. Median home value is $218,200.
At a glance
Average income
near the US median
US median: $82,259
Younger
median age 36.6
US median: 38.9
Average education
32% 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
3,106
+20%since 2020
from 2,595 in 2020
2020 – 2024
Population density
3,658 / sq mi
+20%since 2020
from 3,057 / sq mi in 2020
US average: 281
Median age
36.6
−4%since 2020
from 38.0 in 2020
US average: 38.9
Population, 2020 – 2024
20243K
Section 02
Income & economy
Median household income
$85,450
+12%inflation adjusted, since 2020
from $62,917 in 2020
US average: $82,259
2020 – 2024
Per capita income
$38,338
+23%since 2020
from $31,166 in 2020
US average: $44,673
Households earning $100K+
54.4%
+8.6 ptssince 2020
from 45.8% in 2020
US average: 53.3%
Poverty rate
7.0%
−3.5 ptssince 2020
from 10.4% in 2020
US average: 12.5%
Income inequality (Gini)
0.433
+10%since 2020
from 0.394 in 2020
US average: 0.476
Workforce by industry, 2024
Information13.4%
Retail trade12.8%
Wholesale trade8.6%
Other services5.6%
Arts, entertainment, food3.4%
Transportation & warehousing2.6%
Public administration2.6%
Finance & insurance2%
Professional, scientific, technical2%
Agriculture, forestry, fishing0.3%
Construction0.3%
Manufacturing0%
Education & health services0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$218,200
+10%inflation adjusted, since 2020
from $163,900 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,217
+12%inflation adjusted, since 2020
from $893 in 2020
US average: $1,442
Owner-occupied
70.2%
−3.2 ptssince 2020
from 73.5% in 2020
29.8% rent
Vacancy rate
1.1%
−6.4 ptssince 2020
from 7.5% in 2020
US average: 10.0%
Owner cost-burdened
15.2%
−2.5 ptssince 2020
from 17.7% in 2020
US average: 22.9%
Renter cost-burdened
63.3%
+6.8 ptssince 2020
from 56.5% in 2020
US average: 47.4%
Afford Score
2.6
−2%since 2020
from 2.6 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 1406 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic44.3%(1,149)
Black29.2%(758)
Hispanic / Latino13.8%(359)
Asian2.8%(72)
Other9.9%(257)
Diversity Score86.1%(2,235)
2024
White, non-Hispanic44.6%(1,384)
Black24.4%(758)
Hispanic / Latino17.6%(547)
Asian0.9%(29)
Other12.5%(388)
Diversity Score86.9%(2,699)
Diversity Score
87
+1%since 2020
from 86 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
31.6%
−0.7 ptssince 2020
from 32.3% in 2020
US average: 35.6%
High school or higher
92.7%
+2.5 ptssince 2020
from 90.2% in 2020
US average: 89.6%
Graduate degree
9.2%
−1.7 ptssince 2020
from 10.9% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
25.6 min
+14%since 2020
from 22.4 min in 2020
US average: 26.5
Drive alone to work
66.2%
−7.1 ptssince 2020
from 73.3% in 2020
US average: 68.9%
Carpooled to work
8.7%
−0.5 ptssince 2020
from 9.2% in 2020
US average: 8.5%
Public transit
0.0%
−0.4 ptssince 2020
from 0.4% in 2020
US average: 3.2%
Worked from home
17.6%
+12.0 ptssince 2020
from 5.6% in 2020
US average: 15.0%
Walked to work
3.3%
−1.5 ptssince 2020
from 4.8% 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
17.7%
+3.9 ptssince 2020
from 13.8% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
3.6%
−1.5 ptssince 2020
from 5.1% in 2020
US average: 5.2%
Labor force participation
69.5%
−4.1 ptssince 2020
from 73.6% in 2020
US average: 63.5%
Self-employed
7.6%
−11.2 ptssince 2020
from 18.8% in 2020
US average: 13.1%
Management & professional
41.8%
+1.2 ptssince 2020
from 40.7% in 2020
US average: 42.5%
Section 08
People & community
Male
45.2%
+0.9 ptssince 2020
from 44.3% in 2020
Female
54.8%
−0.9 ptssince 2020
from 55.7% in 2020
Foreign born
6.6%
−4.1 ptssince 2020
from 10.7% in 2020
US average: 14.1%
Veterans
7.8%
+2.5 ptssince 2020
from 5.3% in 2020
US average: 6.2%
With a disability
11.8%
−0.8 ptssince 2020
from 12.6% in 2020
US average: 13.3%
Uninsured
5.3%
−6.4 ptssince 2020
from 11.7% in 2020
US average: 8.4%
Broadband at home
86.7%
+9.7 ptssince 2020
from 77.0% in 2020
US average: 91.0%
English only at home
89.7%
+8.2 ptssince 2020
from 81.5% in 2020
US average: 77.7%
Spanish at home
7.6%
−3.6 ptssince 2020
from 11.2% in 2020
US average: 13.6%
Drill deeper
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Places similar to Census Tract 1406Head to head
Compare Census Tract 1406 to nearby tracts
CENSUS TRACT 1406 VS
Census Tract 1408
Income$97,105+14%
Home value$264,400+21%
Population4,717+52%
SEE FULL COMPARISON →
CENSUS TRACT 1406 VS
Census Tract 1423
Income$22,776−73%
Home value$105,500−52%
Population2,652−15%
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CENSUS TRACT 1406 VS
Census Tract 1407
Income$95,789+12%
Home value$221,400+1%
Population3,966+28%
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CENSUS TRACT 1406 VS
Census Tract 1500
Income$116,458+36%
Home value$403,200+85%
Population5,408+74%
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Frequently asked
How many people live in this census tract?
this census tract has about 3,106 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 $85,450 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 $218,200, and the typical rent is about $1,217 a month.
How educated are people in this census tract?
About 31.6% 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 7.0% of people in this census tract live below the federal poverty line.
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Containing area
Oakland CountyOther census tracts in Oakland County
Census Tract 1383.02Census Tract 1371.02Census Tract 1381Census Tract 1289Census Tract 1374Census Tract 1307Census Tract 1961Census Tract 1562Census Tract 1224Census Tract 1960Census Tract 1275Census Tract 1321Census Tract 1277Census Tract 1240Census Tract 1367Census Tract 1812DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024