CENSUS TRACT
Census Tract 1049.02
Minnesota · Hennepin County · 4,298 residents · 0.278 sq mi
Notable rankings
#9highest high poverty in MN#1177 US47.6%#10lowest low broadband in MN74.4%#21lowest young in MN#1192 US22.6 yrs#22lowest low income in MN$37,782TRACT SHAPE · Hennepin County, MN
The short version
Census Tract 1049.02 has notably lower household income than the US average, with a median household income of $37,782. Population has declined 7% since 2020. 80% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $519,600. At a median age of 22.6, residents skew younger than the country as a whole. Households here earn about 61% less than the Hennepin County median.
At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 22.6
US median: 38.9
More educated
80% hold a bachelor's degree
US average: 36%
More affordable
home values down 15%, inflation adjusted
US median home: $376,019
Section 01
Population & growth
Total population
4,298
−7%since 2020
from 4,629 in 2020
2020 – 2024
Population density
15,460 / sq mi
−7%since 2020
from 16,651 / sq mi in 2020
US average: 281
Median age
22.6
Unchangedsince 2020
from 22.7 in 2020
US average: 38.9
Population, 2020 – 2024
20244K
Section 02
Income & economy
Median household income
$37,782
−1%inflation adjusted, since 2020
from $31,513 in 2020
US average: $82,259
2020 – 2024
Per capita income
$28,325
+34%since 2020
from $21,062 in 2020
US average: $44,673
Households earning $100K+
22.7%
Unchangedsince 2020
from 22.7% in 2020
US average: 53.3%
Poverty rate
47.6%
−7.1 ptssince 2020
from 54.7% in 2020
US average: 12.5%
Income inequality (Gini)
0.541
−6%since 2020
from 0.576 in 2020
US average: 0.476
Workforce by industry, 2024
Retail trade11.4%
Finance & insurance4.6%
Professional, scientific, technical4.6%
Other services4.2%
Public administration2.9%
Arts, entertainment, food2.5%
Information1.4%
Transportation & warehousing1.2%
Wholesale trade0.2%
Agriculture, forestry, fishing0%
Construction0%
Manufacturing0%
Education & health services0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$519,600
−15%inflation adjusted, since 2020
from $503,900 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,244
−13%inflation adjusted, since 2020
from $1,180 in 2020
US average: $1,442
Owner-occupied
8.0%
−3.2 ptssince 2020
from 11.2% in 2020
92.0% rent
Vacancy rate
16.9%
+2.2 ptssince 2020
from 14.7% in 2020
US average: 10.0%
Owner cost-burdened
15.0%
+3.0 ptssince 2020
from 12.0% in 2020
US average: 22.9%
Renter cost-burdened
56.5%
−8.2 ptssince 2020
from 64.6% in 2020
US average: 47.4%
Afford Score
13.8
−14%since 2020
from 16.0 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 1049.02 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic51.5%(2,386)
Black11.3%(521)
Hispanic / Latino2%(94)
Asian29.2%(1,351)
Other6%(277)
Diversity Score79.1%(3,660)
2024
White, non-Hispanic51.2%(2,201)
Black13.1%(562)
Hispanic / Latino5%(214)
Asian24%(1,031)
Other6.7%(290)
Diversity Score82%(3,525)
Diversity Score
82
+4%since 2020
from 79 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
79.8%
+18.9 ptssince 2020
from 60.8% in 2020
US average: 35.6%
High school or higher
93.7%
+6.0 ptssince 2020
from 87.7% in 2020
US average: 89.6%
Graduate degree
35.3%
+5.2 ptssince 2020
from 30.2% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
18.2 min
−8%since 2020
from 19.9 min in 2020
US average: 26.5
Drive alone to work
34.8%
−2.4 ptssince 2020
from 37.2% in 2020
US average: 68.9%
Carpooled to work
4.4%
−1.9 ptssince 2020
from 6.3% in 2020
US average: 8.5%
Public transit
7.6%
−5.6 ptssince 2020
from 13.2% in 2020
US average: 3.2%
Worked from home
27.1%
+20.0 ptssince 2020
from 7.1% in 2020
US average: 15.0%
Walked to work
23.4%
−5.1 ptssince 2020
from 28.4% in 2020
US average: 2.4%
Biked to work
1.7%
−4.4 ptssince 2020
from 6.1% in 2020
US average: 0.4%
No vehicle available
30.6%
−4.7 ptssince 2020
from 35.3% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
9.1%
+6.8 ptssince 2020
from 2.3% in 2020
US average: 5.2%
Labor force participation
67.3%
+8.3 ptssince 2020
from 59.0% in 2020
US average: 63.5%
Self-employed
16.2%
−2.5 ptssince 2020
from 18.7% in 2020
US average: 13.1%
Management & professional
67.6%
+19.7 ptssince 2020
from 47.9% in 2020
US average: 42.5%
Section 08
People & community
Male
49.0%
−1.5 ptssince 2020
from 50.5% in 2020
Female
51.0%
+1.5 ptssince 2020
from 49.5% in 2020
Foreign born
22.0%
−7.1 ptssince 2020
from 29.1% in 2020
US average: 14.1%
Veterans
0.7%
−1.4 ptssince 2020
from 2.0% in 2020
US average: 6.2%
With a disability
9.1%
−2.2 ptssince 2020
from 11.3% in 2020
US average: 13.3%
Uninsured
2.7%
+0.2 ptssince 2020
from 2.5% in 2020
US average: 8.4%
Broadband at home
74.4%
+3.3 ptssince 2020
from 71.1% in 2020
US average: 91.0%
English only at home
69.6%
−0.8 ptssince 2020
from 70.4% in 2020
US average: 77.7%
Spanish at home
2.1%
+1.4 ptssince 2020
from 0.7% in 2020
US average: 13.6%
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Compare Census Tract 1049.02 to nearby tracts
CENSUS TRACT 1049.02 VS
Census Tract 38.02
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Home value–
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CENSUS TRACT 1049.02 VS
Census Tract 38.01
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CENSUS TRACT 1049.02 VS
Census Tract 59.01
Income$37,721same
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CENSUS TRACT 1049.02 VS
Census Tract 59.02
Income$45,360+20%
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Frequently asked
How many people live in this census tract?
this census tract has about 4,298 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 $37,782 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 $519,600, and the typical rent is about $1,244 a month.
How educated are people in this census tract?
About 79.8% 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 47.6% 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