CENSUS TRACT
Census Tract 1048.02
Minnesota · Hennepin County · 4,774 residents · 0.514 sq mi
Notable rankings
#2lowest low broadband in MN#899 US65.3%#14lowest young in MN#882 US21.8 yrs#29lowest low income in MN$40,144#30highest high poverty in MN35.3%TRACT SHAPE · Hennepin County, MN
The short version
Census Tract 1048.02 has notably lower household income than the US average, with a median household income of $40,144. Population has held roughly steady since 2020. 51% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $186,600. At a median age of 21.8, residents skew younger than the country as a whole. Households here earn about 59% less than the Hennepin County median.
At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 21.8
US median: 38.9
More educated
51% 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
4,774
+1%since 2020
from 4,713 in 2020
2020 – 2024
Population density
9,288 / sq mi
+1%since 2020
from 9,169 / sq mi in 2020
US average: 281
Median age
21.8
+4%since 2020
from 20.9 in 2020
US average: 38.9
Population, 2020 – 2024
20245K
Section 02
Income & economy
Median household income
$40,144
+2%inflation adjusted, since 2020
from $32,321 in 2020
US average: $82,259
2020 – 2024
Per capita income
$20,004
+16%since 2020
from $17,296 in 2020
US average: $44,673
Households earning $100K+
32.5%
+10.6 ptssince 2020
from 21.9% in 2020
US average: 53.3%
Poverty rate
35.3%
+2.6 ptssince 2020
from 32.7% in 2020
US average: 12.5%
Income inequality (Gini)
0.491
−6%since 2020
from 0.523 in 2020
US average: 0.476
Workforce by industry, 2024
Information12.4%
Retail trade6.9%
Finance & insurance6.2%
Professional, scientific, technical6.2%
Other services5.1%
Wholesale trade2%
Public administration2%
Transportation & warehousing1.6%
Arts, entertainment, food1%
Agriculture, forestry, fishing0%
Construction0%
Manufacturing0%
Education & health services0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$186,600
+11%inflation adjusted, since 2020
from $139,200 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,230
−2%inflation adjusted, since 2020
from $1,033 in 2020
US average: $1,442
Owner-occupied
20.9%
−8.9 ptssince 2020
from 29.8% in 2020
79.1% rent
Vacancy rate
5.7%
+4.7 ptssince 2020
from 1.0% in 2020
US average: 10.0%
Owner cost-burdened
79.6%
+12.7 ptssince 2020
from 66.8% in 2020
US average: 22.9%
Renter cost-burdened
45.5%
−8.5 ptssince 2020
from 54.0% in 2020
US average: 47.4%
Afford Score
4.6
+8%since 2020
from 4.3 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 1048.02 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic57.3%(2,702)
Black11.1%(521)
Hispanic / Latino3.8%(181)
Asian19.4%(913)
Other8.4%(396)
Diversity Score76.6%(3,612)
2024
White, non-Hispanic46.4%(2,217)
Black17.7%(847)
Hispanic / Latino8.5%(408)
Asian14.7%(704)
Other12.5%(598)
Diversity Score88.5%(4,226)
Diversity Score
89
+16%since 2020
from 77 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
51.2%
−14.8 ptssince 2020
from 66.0% in 2020
US average: 35.6%
High school or higher
91.5%
−4.9 ptssince 2020
from 96.4% in 2020
US average: 89.6%
Graduate degree
20.9%
−10.3 ptssince 2020
from 31.2% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
16.6 min
−15%since 2020
from 19.5 min in 2020
US average: 26.5
Drive alone to work
24.4%
−4.4 ptssince 2020
from 28.8% in 2020
US average: 68.9%
Carpooled to work
10.0%
+5.8 ptssince 2020
from 4.2% in 2020
US average: 8.5%
Public transit
15.0%
−3.6 ptssince 2020
from 18.7% in 2020
US average: 3.2%
Worked from home
26.0%
+20.1 ptssince 2020
from 5.9% in 2020
US average: 15.0%
Walked to work
17.8%
−16.7 ptssince 2020
from 34.5% in 2020
US average: 2.4%
Biked to work
2.7%
+0.1 ptssince 2020
from 2.7% in 2020
US average: 0.4%
No vehicle available
30.2%
+0.7 ptssince 2020
from 29.5% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
9.5%
+0.9 ptssince 2020
from 8.6% in 2020
US average: 5.2%
Labor force participation
57.0%
−4.3 ptssince 2020
from 61.3% in 2020
US average: 63.5%
Self-employed
21.7%
+0.2 ptssince 2020
from 21.5% in 2020
US average: 13.1%
Management & professional
39.9%
−4.6 ptssince 2020
from 44.5% in 2020
US average: 42.5%
Section 08
People & community
Male
54.5%
+5.4 ptssince 2020
from 49.1% in 2020
Female
45.5%
−5.4 ptssince 2020
from 50.9% in 2020
Foreign born
22.5%
+2.5 ptssince 2020
from 20.0% in 2020
US average: 14.1%
Veterans
2.9%
+0.6 ptssince 2020
from 2.2% in 2020
US average: 6.2%
With a disability
14.2%
+1.9 ptssince 2020
from 12.3% in 2020
US average: 13.3%
Uninsured
8.4%
+4.2 ptssince 2020
from 4.2% in 2020
US average: 8.4%
Broadband at home
65.3%
+1.2 ptssince 2020
from 64.1% in 2020
US average: 91.0%
English only at home
66.8%
−3.6 ptssince 2020
from 70.4% in 2020
US average: 77.7%
Spanish at home
4.5%
+3.0 ptssince 2020
from 1.5% in 2020
US average: 13.6%
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Compare Census Tract 1048.02 to nearby tracts
CENSUS TRACT 1048.02 VS
Census Tract 59.01
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CENSUS TRACT 1048.02 VS
Census Tract 38.02
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CENSUS TRACT 1048.02 VS
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CENSUS TRACT 1048.02 VS
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Frequently asked
How many people live in this census tract?
this census tract has about 4,774 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 $40,144 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 $186,600, and the typical rent is about $1,230 a month.
How educated are people in this census tract?
About 51.2% 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 35.3% of people in this census tract live below the federal poverty line.
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Containing area
Hennepin CountyOther census tracts in Hennepin County
Census Tract 266.16Census Tract 269.12Census Tract 269.10Census Tract 268.12Census Tract 1261.02Census Tract 271.01Census Tract 1049.01Census Tract 271.02Census Tract 266.15Census Tract 269.06Census Tract 268.14Census Tract 268.18Census Tract 120.01Census Tract 267.19Census Tract 235.02Census Tract 210.01DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024