CENSUS TRACT
Census Tract 1056
Minnesota · Hennepin County · 5,039 residents · 0.186 sq mi
Notable rankings
#5highest density in MN27,091/sq mi#64lowest low income in MN$48,547#143highest WFH in MN29.9%#171highest high poverty in MN18.3%TRACT SHAPE · Hennepin County, MN
The short version
Census Tract 1056 has notably lower household income than the US average, with a median household income of $48,547. Population has held roughly steady since 2020. 61% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $197,200. Households here earn about 50% less than the Hennepin County median. 61% of adults hold a bachelor's degree, well above the US average, yet household income trails the national figure — a profile common to graduate-student tracts and academic hubs.
At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 35.1
US median: 38.9
More educated
61% hold a bachelor's degree
US average: 36%
More affordable
home values down 13%, inflation adjusted
US median home: $376,019
Section 01
Population & growth
Total population
5,039
+13%since 2020
from 4,455 in 2020
2020 – 2024
Population density
27,091 / sq mi
+13%since 2020
from 23,952 / sq mi in 2020
US average: 281
Median age
35.1
+7%since 2020
from 32.8 in 2020
US average: 38.9
Population, 2020 – 2024
20245K
Section 02
Income & economy
Median household income
$48,547
−2%inflation adjusted, since 2020
from $40,867 in 2020
US average: $82,259
2020 – 2024
Per capita income
$63,343
+31%since 2020
from $48,470 in 2020
US average: $44,673
Households earning $100K+
34.7%
+8.0 ptssince 2020
from 26.7% in 2020
US average: 53.3%
Poverty rate
18.3%
+1.8 ptssince 2020
from 16.5% in 2020
US average: 12.5%
Income inequality (Gini)
0.574
+14%since 2020
from 0.503 in 2020
US average: 0.476
Workforce by industry, 2024
Information12.5%
Retail trade8.2%
Other services6.4%
Finance & insurance3.8%
Professional, scientific, technical3.8%
Public administration3.3%
Arts, entertainment, food2%
Agriculture, forestry, fishing0.5%
Construction0.5%
Wholesale trade0.4%
Manufacturing0%
Transportation & warehousing0%
Education & health services0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$197,200
−13%inflation adjusted, since 2020
from $187,500 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,085
−5%inflation adjusted, since 2020
from $947 in 2020
US average: $1,442
Owner-occupied
24.5%
+7.3 ptssince 2020
from 17.2% in 2020
75.5% rent
Vacancy rate
14.5%
+7.8 ptssince 2020
from 6.7% in 2020
US average: 10.0%
Owner cost-burdened
19.8%
+0.3 ptssince 2020
from 19.5% in 2020
US average: 22.9%
Renter cost-burdened
49.6%
+9.1 ptssince 2020
from 40.5% in 2020
US average: 47.4%
Afford Score
4.1
−11%since 2020
from 4.6 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 1056 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic67.1%(2,989)
Black10.7%(476)
Hispanic / Latino9.3%(415)
Asian4%(179)
Other8.9%(396)
Diversity Score65%(2,897)
2024
White, non-Hispanic55.9%(2,816)
Black12%(603)
Hispanic / Latino12.1%(609)
Asian6.7%(340)
Other13.3%(671)
Diversity Score79.6%(4,009)
Diversity Score
80
+22%since 2020
from 65 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
61.2%
+6.9 ptssince 2020
from 54.3% in 2020
US average: 35.6%
High school or higher
95.0%
−1.0 ptssince 2020
from 96.0% in 2020
US average: 89.6%
Graduate degree
18.7%
−0.9 ptssince 2020
from 19.6% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
22.8 min
−12%since 2020
from 25.9 min in 2020
US average: 26.5
Drive alone to work
35.9%
−6.7 ptssince 2020
from 42.6% in 2020
US average: 68.9%
Carpooled to work
5.2%
+3.1 ptssince 2020
from 2.2% in 2020
US average: 8.5%
Public transit
11.4%
−11.2 ptssince 2020
from 22.5% in 2020
US average: 3.2%
Worked from home
29.9%
+17.1 ptssince 2020
from 12.8% in 2020
US average: 15.0%
Walked to work
12.5%
−1.2 ptssince 2020
from 13.7% in 2020
US average: 2.4%
Biked to work
5.2%
+1.9 ptssince 2020
from 3.2% in 2020
US average: 0.4%
No vehicle available
36.3%
+0.7 ptssince 2020
from 35.6% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
4.5%
−0.3 ptssince 2020
from 4.9% in 2020
US average: 5.2%
Labor force participation
76.7%
−1.0 ptssince 2020
from 77.7% in 2020
US average: 63.5%
Self-employed
17.0%
−0.8 ptssince 2020
from 17.8% in 2020
US average: 13.1%
Management & professional
55.9%
−6.7 ptssince 2020
from 62.6% in 2020
US average: 42.5%
Section 08
People & community
Male
57.8%
+1.4 ptssince 2020
from 56.5% in 2020
Female
42.2%
−1.4 ptssince 2020
from 43.5% in 2020
Foreign born
16.2%
+6.4 ptssince 2020
from 9.8% in 2020
US average: 14.1%
Veterans
2.6%
−1.6 ptssince 2020
from 4.2% in 2020
US average: 6.2%
With a disability
19.4%
−0.7 ptssince 2020
from 20.1% in 2020
US average: 13.3%
Uninsured
7.0%
+2.2 ptssince 2020
from 4.8% in 2020
US average: 8.4%
Broadband at home
85.3%
+0.5 ptssince 2020
from 84.8% in 2020
US average: 91.0%
English only at home
76.6%
+1.3 ptssince 2020
from 75.3% in 2020
US average: 77.7%
Spanish at home
9.5%
−5.8 ptssince 2020
from 15.3% in 2020
US average: 13.6%
Drill deeper
Places similar to Census Tract 1056
Census Tract 504.06
Pop 5,099
Census Tract 26
Pop 4,496
Census Tract 425
Pop 4,568
Census Tract 73.04
Pop 5,288
Places similar to Census Tract 1056Head to head
Compare Census Tract 1056 to nearby tracts
CENSUS TRACT 1056 VS
Census Tract 68
Income$50,748+5%
Home value$427,500+117%
Population4,130−18%
SEE FULL COMPARISON →
CENSUS TRACT 1056 VS
Census Tract 59.02
Income$45,360−7%
Home value$157,700−20%
Population3,374−33%
SEE FULL COMPARISON →
CENSUS TRACT 1056 VS
Census Tract 78.01
Income$47,069−3%
Home value$195,300−1%
Population2,020−60%
SEE FULL COMPARISON →
CENSUS TRACT 1056 VS
Census Tract 77
Income$70,400+45%
Home value$460,700+134%
Population5,775+15%
SEE FULL COMPARISON →
Frequently asked
How many people live in this census tract?
this census tract has about 5,039 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 $48,547 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 $197,200, and the typical rent is about $1,085 a month.
How educated are people in this census tract?
About 61.2% 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 18.3% of people in this census tract live below the federal poverty line.
Keep going
Explore from here
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