CENSUS TRACT
Census Tract 234.02
Minnesota · Hennepin County · 1,902 residents · 0.624 sq mi
Notable rankings
#34highest home value in MN$673,700#166highest broadband in MN97.8%#195highest foreign-born in MN17.7%#218highest per-capita income in MN$63,646TRACT SHAPE · Hennepin County, MN
The short version
Census Tract 234.02 has roughly average household income, with a median household income of $85,588. Population has held roughly steady since 2020. 49% of adults hold a bachelor's degree or higher. Median home value has more than doubled since 2020, reaching $673,700. Despite a median home value of $673,700, the poverty rate sits 23% above the US average — a pattern often seen in resort and college towns.
At a glance
Average income
near the US median
US median: $82,259
Younger
median age 35.0
US median: 38.9
More educated
49% hold a bachelor's degree
US average: 36%
Less affordable
home values up 50%, inflation adjusted
US median home: $376,019
Section 01
Population & growth
Total population
1,902
+8%since 2020
from 1,760 in 2020
2020 – 2024
Population density
3,048 / sq mi
+8%since 2020
from 2,821 / sq mi in 2020
US average: 281
Median age
35.0
−10%since 2020
from 39.0 in 2020
US average: 38.9
Population, 2020 – 2024
20242K
Section 02
Income & economy
Median household income
$85,588
+10%inflation adjusted, since 2020
from $63,990 in 2020
US average: $82,259
2020 – 2024
Per capita income
$63,646
+42%since 2020
from $44,898 in 2020
US average: $44,673
Households earning $100K+
70.0%
+29.2 ptssince 2020
from 40.8% in 2020
US average: 53.3%
Poverty rate
15.4%
−4.4 ptssince 2020
from 19.8% in 2020
US average: 12.5%
Income inequality (Gini)
0.502
−5%since 2020
from 0.530 in 2020
US average: 0.476
Workforce by industry, 2024
Other services14.9%
Information14.3%
Public administration12.2%
Retail trade6.1%
Wholesale trade5.4%
Finance & insurance5.2%
Professional, scientific, technical5.2%
Transportation & warehousing4%
Arts, entertainment, food0.5%
Agriculture, forestry, fishing0.4%
Construction0.4%
Manufacturing0%
Education & health services0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$673,700
+50%inflation adjusted, since 2020
from $369,700 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,656
+26%inflation adjusted, since 2020
from $1,085 in 2020
US average: $1,442
Owner-occupied
42.8%
−9.0 ptssince 2020
from 51.8% in 2020
57.2% rent
Vacancy rate
9.3%
+0.1 ptssince 2020
from 9.1% in 2020
US average: 10.0%
Owner cost-burdened
10.5%
−21.4 ptssince 2020
from 31.9% in 2020
US average: 22.9%
Renter cost-burdened
41.0%
−23.2 ptssince 2020
from 64.1% in 2020
US average: 47.4%
Afford Score
7.9
+36%since 2020
from 5.8 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 234.02 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic51.8%(911)
Black43%(757)
Hispanic / Latino0%(0)
Asian1.4%(24)
Other3.9%(68)
Diversity Score68.2%(1,200)
2024
White, non-Hispanic53.2%(1,011)
Black40%(761)
Hispanic / Latino0.4%(8)
Asian0.5%(9)
Other5.9%(113)
Diversity Score69.2%(1,317)
Diversity Score
69
+2%since 2020
from 68 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
48.8%
+8.7 ptssince 2020
from 40.1% in 2020
US average: 35.6%
High school or higher
92.5%
+10.3 ptssince 2020
from 82.1% in 2020
US average: 89.6%
Graduate degree
18.3%
−2.4 ptssince 2020
from 20.7% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
24.4 min
−1%since 2020
from 24.5 min in 2020
US average: 26.5
Drive alone to work
51.5%
+3.8 ptssince 2020
from 47.7% in 2020
US average: 68.9%
Carpooled to work
4.6%
−15.5 ptssince 2020
from 20.1% in 2020
US average: 8.5%
Public transit
7.3%
+0.5 ptssince 2020
from 6.8% in 2020
US average: 3.2%
Worked from home
27.2%
+7.4 ptssince 2020
from 19.8% in 2020
US average: 15.0%
Walked to work
2.8%
+2.8 ptssince 2020
from 0.0% in 2020
US average: 2.4%
Biked to work
0.9%
−0.2 ptssince 2020
from 1.0% in 2020
US average: 0.4%
No vehicle available
11.2%
+1.7 ptssince 2020
from 9.4% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
4.0%
−4.7 ptssince 2020
from 8.8% in 2020
US average: 5.2%
Labor force participation
82.1%
+6.1 ptssince 2020
from 76.0% in 2020
US average: 63.5%
Self-employed
12.3%
+5.5 ptssince 2020
from 6.8% in 2020
US average: 13.1%
Management & professional
54.1%
+15.3 ptssince 2020
from 38.8% in 2020
US average: 42.5%
Section 08
People & community
Male
46.6%
−3.5 ptssince 2020
from 50.2% in 2020
Female
53.4%
+3.5 ptssince 2020
from 49.8% in 2020
Foreign born
17.7%
−0.8 ptssince 2020
from 18.5% in 2020
US average: 14.1%
Veterans
2.6%
−2.2 ptssince 2020
from 4.8% in 2020
US average: 6.2%
With a disability
12.5%
−0.9 ptssince 2020
from 13.4% in 2020
US average: 13.3%
Uninsured
2.8%
−6.6 ptssince 2020
from 9.4% in 2020
US average: 8.4%
Broadband at home
97.8%
−2.2 ptssince 2020
from 100.0% in 2020
US average: 91.0%
English only at home
86.5%
+21.7 ptssince 2020
from 64.8% in 2020
US average: 77.7%
Spanish at home
0.2%
+0.2 ptssince 2020
from 0.0% in 2020
US average: 13.6%
Drill deeper
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Places similar to Census Tract 234.02Head to head
Compare Census Tract 234.02 to nearby tracts
CENSUS TRACT 234.02 VS
Census Tract 232.02
Income$67,016−22%
Home value$406,700−40%
Population4,402+131%
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CENSUS TRACT 234.02 VS
Census Tract 235.01
Income$101,125+18%
Home value$437,000−35%
Population3,563+87%
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CENSUS TRACT 234.02 VS
Census Tract 230
Income$130,793+53%
Home value$371,200−45%
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CENSUS TRACT 234.02 VS
Census Tract 235.02
Income$126,625+48%
Home value$769,200+14%
Population6,514+242%
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Frequently asked
How many people live in this census tract?
this census tract has about 1,902 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 $85,588 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 $673,700, and the typical rent is about $1,656 a month.
How educated are people in this census tract?
About 48.8% 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 15.4% 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