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CENSUS TRACT

Census Tract 1065

Minnesota · Hennepin County · 4,839 residents · 1.031 sq mi
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27326877107218220227228.01228.02229.01229.02103410511052.011080109110931098109912631065
TRACT SHAPE · Hennepin County, MN
The short version

Census Tract 1065 is significantly wealthier than the US average, with a median household income of $135,114. Population has held roughly steady since 2020. 85% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $866,000. Poverty is rare here, at 0.9% of residents. Households here earn about 38% more than the Hennepin County median.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 43.5
US median: 38.9
More educated
85% 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
4,839
+11%since 2020
from 4,355 in 2020
2020 – 2024
Population density
4,694 / sq mi
+11%since 2020
from 4,224 / sq mi in 2020
US average: 281
Median age
43.5
+5%since 2020
from 41.6 in 2020
US average: 38.9
Population, 20202024
4K4K5K5K5K20202024Census Tract 1065
20245K
20202024
Section 02

Income & economy

Median household income
$135,114
−15%inflation adjusted, since 2020
from $131,042 in 2020
US average: $82,259
2020 – 2024
Per capita income
$104,128
+3%since 2020
from $101,445 in 2020
US average: $44,673
Households earning $100K+
80.0%
+10.0 ptssince 2020
from 70.0% in 2020
US average: 53.3%
Poverty rate
0.9%
−2.0 ptssince 2020
from 2.9% in 2020
US average: 12.5%
Income inequality (Gini)
0.461
−9%since 2020
from 0.507 in 2020
US average: 0.476
Workforce by industry, 2024
Other services15.4%
US avg: 6.7%
Public administration10.8%
US avg: 4.8%
Retail trade8.8%
US avg: 9.9%
Information7.6%
US avg: 10.8%
Finance & insurance4.3%
US avg: 5.9%
Transportation & warehousing3.8%
US avg: 2.2%
Education & health services2.2%
US avg: 0.9%
Professional, scientific, technical2.1%
US avg: 5.1%
Arts, entertainment, food1.6%
US avg: 1.9%
Wholesale trade0.9%
US avg: 6.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$866,000
+9%inflation adjusted, since 2020
from $652,700 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,871
+7%inflation adjusted, since 2020
from $1,438 in 2020
US average: $1,442
Owner-occupied
53.4%
−1.2 ptssince 2020
from 54.6% in 2020
46.6% rent
Vacancy rate
8.2%
−0.4 ptssince 2020
from 8.6% in 2020
US average: 10.0%
Owner cost-burdened
18.8%
−1.1 ptssince 2020
from 19.8% in 2020
US average: 22.9%
Renter cost-burdened
30.0%
−0.1 ptssince 2020
from 30.1% in 2020
US average: 47.4%
Afford Score
6.4
+29%since 2020
from 5.0 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 1065 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic91.5%(3,986)
Black1.1%(48)
Hispanic / Latino1.3%(57)
Asian4.8%(208)
Other1.3%(56)
Diversity Score19.9%(869)
2024
White, non-Hispanic83.8%(4,054)
Black4.9%(238)
Hispanic / Latino4.2%(202)
Asian2.4%(114)
Other4.8%(231)
Diversity Score36.4%(1,761)
Diversity Score
36
+82%since 2020
from 20 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
84.6%
−4.5 ptssince 2020
from 89.2% in 2020
US average: 35.6%
High school or higher
99.5%
−0.3 ptssince 2020
from 99.8% in 2020
US average: 89.6%
Graduate degree
44.2%
−9.8 ptssince 2020
from 54.0% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
21.9 min
−9%since 2020
from 24.1 min in 2020
US average: 26.5
Drive alone to work
53.6%
−20.0 ptssince 2020
from 73.6% in 2020
US average: 68.9%
Carpooled to work
2.8%
−3.0 ptssince 2020
from 5.8% in 2020
US average: 8.5%
Public transit
0.2%
−3.3 ptssince 2020
from 3.5% in 2020
US average: 3.2%
Worked from home
33.9%
+22.5 ptssince 2020
from 11.3% in 2020
US average: 15.0%
Walked to work
4.1%
+2.4 ptssince 2020
from 1.7% in 2020
US average: 2.4%
Biked to work
4.0%
+1.4 ptssince 2020
from 2.6% in 2020
US average: 0.4%
No vehicle available
3.8%
−1.5 ptssince 2020
from 5.3% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
4.1%
+0.1 ptssince 2020
from 3.9% in 2020
US average: 5.2%
Labor force participation
69.7%
−0.4 ptssince 2020
from 70.1% in 2020
US average: 63.5%
Self-employed
9.6%
−2.3 ptssince 2020
from 11.9% in 2020
US average: 13.1%
Management & professional
74.7%
−4.2 ptssince 2020
from 78.9% in 2020
US average: 42.5%
Section 08

People & community

Male
49.8%
+4.0 ptssince 2020
from 45.9% in 2020
Female
50.2%
−4.0 ptssince 2020
from 54.1% in 2020
Foreign born
7.8%
−2.9 ptssince 2020
from 10.7% in 2020
US average: 14.1%
Veterans
5.2%
+1.9 ptssince 2020
from 3.3% in 2020
US average: 6.2%
With a disability
6.7%
Unchangedsince 2020
from 6.7% in 2020
US average: 13.3%
Uninsured
3.3%
−1.5 ptssince 2020
from 4.8% in 2020
US average: 8.4%
Broadband at home
98.1%
+5.2 ptssince 2020
from 92.9% in 2020
US average: 91.0%
English only at home
93.0%
Unchangedsince 2020
from 92.9% in 2020
US average: 77.7%
Spanish at home
4.4%
+3.5 ptssince 2020
from 0.9% 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 4,839 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 $135,114 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 $866,000, and the typical rent is about $1,871 a month.

How educated are people in this census tract?

About 84.6% 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 0.9% 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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