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CENSUS TRACT

Census Tract 903.03

Minnesota · Carver County · 3,984 residents · 1.233 sq mi
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903.02903.03
TRACT SHAPE · Carver County, MN
The short version

Census Tract 903.03 has notably lower household income than the US average, with a median household income of $60,049. Population has held roughly steady since 2020. Median home value is $416,000. With a median age of 46.3, the population is older than the US median of 38.9. Poverty is rare here, at 5.9% of residents. Households here earn about 52% less than the Carver County median.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 46.3
US median: 38.9
More educated
40% 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
3,984
Unchangedsince 2020
from 3,978 in 2020
2020 – 2024
Population density
3,231 / sq mi
Unchangedsince 2020
from 3,226 / sq mi in 2020
US average: 281
Median age
46.3
−5%since 2020
from 48.6 in 2020
US average: 38.9
Population, 20202024
4K4K4K4K4K20202024Census Tract 903.03
20244K
20202024
Section 02

Income & economy

Median household income
$60,049
−32%inflation adjusted, since 2020
from $72,705 in 2020
US average: $82,259
2020 – 2024
Per capita income
$46,843
+38%since 2020
from $33,967 in 2020
US average: $44,673
Households earning $100K+
39.3%
−7.1 ptssince 2020
from 46.4% in 2020
US average: 53.3%
Poverty rate
5.9%
+0.2 ptssince 2020
from 5.7% in 2020
US average: 12.5%
Income inequality (Gini)
0.469
+14%since 2020
from 0.410 in 2020
US average: 0.476
Workforce by industry, 2024
Retail trade17%
US avg: 9.9%
Information13.8%
US avg: 10.8%
Wholesale trade3.5%
US avg: 6.9%
Finance & insurance3.5%
US avg: 5.9%
Professional, scientific, technical3.5%
US avg: 5.1%
Transportation & warehousing2.8%
US avg: 2.2%
Arts, entertainment, food2.4%
US avg: 1.9%
Other services1.7%
US avg: 6.7%
Public administration1.7%
US avg: 4.8%
Agriculture, forestry, fishing0.8%
US avg: 1.6%
Construction0.8%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$416,000
+16%inflation adjusted, since 2020
from $296,900 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,196
+3%inflation adjusted, since 2020
from $961 in 2020
US average: $1,442
Owner-occupied
59.4%
−3.8 ptssince 2020
from 63.3% in 2020
40.6% rent
Vacancy rate
5.0%
+0.2 ptssince 2020
from 4.8% in 2020
US average: 10.0%
Owner cost-burdened
34.9%
+13.1 ptssince 2020
from 21.9% in 2020
US average: 22.9%
Renter cost-burdened
49.5%
−1.4 ptssince 2020
from 50.9% in 2020
US average: 47.4%
Afford Score
6.9
+70%since 2020
from 4.1 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 903.03 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic93.8%(3,731)
Black3.4%(136)
Hispanic / Latino1.6%(64)
Asian0%(0)
Other1.2%(47)
Diversity Score14.8%(591)
2024
White, non-Hispanic86.9%(3,464)
Black0%(0)
Hispanic / Latino4.6%(182)
Asian0%(0)
Other8.5%(338)
Diversity Score29.3%(1,169)
Diversity Score
29
+98%since 2020
from 15 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
39.6%
+4.8 ptssince 2020
from 34.8% in 2020
US average: 35.6%
High school or higher
95.9%
+0.6 ptssince 2020
from 95.3% in 2020
US average: 89.6%
Graduate degree
17.2%
+8.3 ptssince 2020
from 8.9% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
23.1 min
Unchangedsince 2020
from 23.0 min in 2020
US average: 26.5
Drive alone to work
74.5%
−4.5 ptssince 2020
from 79.0% in 2020
US average: 68.9%
Carpooled to work
3.8%
−0.9 ptssince 2020
from 4.7% in 2020
US average: 8.5%
Public transit
0.0%
−3.0 ptssince 2020
from 3.0% in 2020
US average: 3.2%
Worked from home
17.5%
+9.4 ptssince 2020
from 8.1% in 2020
US average: 15.0%
Walked to work
3.1%
−2.1 ptssince 2020
from 5.3% in 2020
US average: 2.4%
Biked to work
1.1%
+1.1 ptssince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
15.1%
+3.0 ptssince 2020
from 12.1% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
4.0%
+0.5 ptssince 2020
from 3.5% in 2020
US average: 5.2%
Labor force participation
55.5%
−3.4 ptssince 2020
from 58.9% in 2020
US average: 63.5%
Self-employed
8.9%
−3.6 ptssince 2020
from 12.6% in 2020
US average: 13.1%
Management & professional
43.5%
−6.2 ptssince 2020
from 49.7% in 2020
US average: 42.5%
Section 08

People & community

Male
49.6%
+0.9 ptssince 2020
from 48.7% in 2020
Female
50.4%
−0.9 ptssince 2020
from 51.3% in 2020
Foreign born
2.6%
−0.7 ptssince 2020
from 3.3% in 2020
US average: 14.1%
Veterans
6.1%
−5.7 ptssince 2020
from 11.8% in 2020
US average: 6.2%
With a disability
22.6%
+6.9 ptssince 2020
from 15.7% in 2020
US average: 13.3%
Uninsured
2.1%
−0.9 ptssince 2020
from 3.0% in 2020
US average: 8.4%
Broadband at home
85.9%
+2.2 ptssince 2020
from 83.7% in 2020
US average: 91.0%
English only at home
93.3%
+0.1 ptssince 2020
from 93.3% in 2020
US average: 77.7%
Spanish at home
5.6%
+3.5 ptssince 2020
from 2.1% 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 3,984 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 $60,049 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 $416,000, and the typical rent is about $1,196 a month.

How educated are people in this census tract?

About 39.6% 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 5.9% 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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