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CENSUS TRACT

Census Tract 260.23

Minnesota · Hennepin County · 3,607 residents · 1.14 sq mi
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260.06260.07260.15260.19260.20260.24260.27260.28803.03260.23
TRACT SHAPE · Hennepin County, MN
The short version

Census Tract 260.23 is significantly wealthier than the US average, with a median household income of $138,047. Population has declined 6% since 2020. 67% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $395,700. With a median age of 44.9, the population is older than the US median of 38.9. Households here earn about 41% more than the Hennepin County median.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 44.9
US median: 38.9
More educated
67% 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
3,607
−6%since 2020
from 3,829 in 2020
2020 – 2024
Population density
3,164 / sq mi
−6%since 2020
from 3,359 / sq mi in 2020
US average: 281
Median age
44.9
+6%since 2020
from 42.4 in 2020
US average: 38.9
Population, 20202024
4K4K4K4K4K20202024Census Tract 260.23
20244K
20202024
Section 02

Income & economy

Median household income
$138,047
−2%inflation adjusted, since 2020
from $115,934 in 2020
US average: $82,259
2020 – 2024
Per capita income
$75,170
+32%since 2020
from $57,131 in 2020
US average: $44,673
Households earning $100K+
72.5%
+3.4 ptssince 2020
from 69.1% in 2020
US average: 53.3%
Poverty rate
6.6%
+5.8 ptssince 2020
from 0.8% in 2020
US average: 12.5%
Income inequality (Gini)
0.453
+4%since 2020
from 0.436 in 2020
US average: 0.476
Workforce by industry, 2024
Retail trade14.3%
US avg: 9.9%
Other services11.7%
US avg: 6.7%
Public administration11.7%
US avg: 4.8%
Information6%
US avg: 10.8%
Finance & insurance4.6%
US avg: 5.9%
Professional, scientific, technical4.1%
US avg: 5.1%
Wholesale trade4%
US avg: 6.9%
Transportation & warehousing3.8%
US avg: 2.2%
Arts, entertainment, food2.1%
US avg: 1.9%
Agriculture, forestry, fishing0.7%
US avg: 1.6%
Construction0.7%
US avg: 1.2%
Education & health services0.5%
US avg: 0.9%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$395,700
+4%inflation adjusted, since 2020
from $314,000 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,648
−3%inflation adjusted, since 2020
from $1,400 in 2020
US average: $1,442
Owner-occupied
79.3%
+3.6 ptssince 2020
from 75.7% in 2020
20.7% rent
Vacancy rate
0.7%
−2.0 ptssince 2020
from 2.7% in 2020
US average: 10.0%
Owner cost-burdened
11.6%
+2.2 ptssince 2020
from 9.4% in 2020
US average: 22.9%
Renter cost-burdened
40.3%
+8.7 ptssince 2020
from 31.6% in 2020
US average: 47.4%
Afford Score
2.9
+6%since 2020
from 2.7 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 260.23 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic69.3%(2,654)
Black0%(1)
Hispanic / Latino11.6%(445)
Asian16.4%(627)
Other2.7%(102)
Diversity Score59.8%(2,290)
2024
White, non-Hispanic66.2%(2,387)
Black0.9%(33)
Hispanic / Latino9.2%(331)
Asian15.5%(559)
Other8.2%(297)
Diversity Score65.3%(2,357)
Diversity Score
65
+9%since 2020
from 60 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
66.5%
+6.5 ptssince 2020
from 60.0% in 2020
US average: 35.6%
High school or higher
95.0%
+0.3 ptssince 2020
from 94.8% in 2020
US average: 89.6%
Graduate degree
21.7%
−8.9 ptssince 2020
from 30.6% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
19.7 min
−20%since 2020
from 24.5 min in 2020
US average: 26.5
Drive alone to work
50.0%
−24.4 ptssince 2020
from 74.4% in 2020
US average: 68.9%
Carpooled to work
7.5%
+2.2 ptssince 2020
from 5.3% in 2020
US average: 8.5%
Public transit
6.9%
−5.2 ptssince 2020
from 12.0% in 2020
US average: 3.2%
Worked from home
32.0%
+25.2 ptssince 2020
from 6.8% in 2020
US average: 15.0%
Walked to work
1.2%
−0.4 ptssince 2020
from 1.5% in 2020
US average: 2.4%
Biked to work
1.3%
+1.3 ptssince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
2.6%
−0.7 ptssince 2020
from 3.3% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
7.2%
+5.2 ptssince 2020
from 2.0% in 2020
US average: 5.2%
Labor force participation
71.4%
+0.6 ptssince 2020
from 70.8% in 2020
US average: 63.5%
Self-employed
6.6%
−1.0 ptssince 2020
from 7.7% in 2020
US average: 13.1%
Management & professional
49.4%
+2.1 ptssince 2020
from 47.3% in 2020
US average: 42.5%
Section 08

People & community

Male
45.1%
−0.7 ptssince 2020
from 45.9% in 2020
Female
54.9%
+0.7 ptssince 2020
from 54.1% in 2020
Foreign born
23.0%
+1.5 ptssince 2020
from 21.5% in 2020
US average: 14.1%
Veterans
2.5%
+0.3 ptssince 2020
from 2.2% in 2020
US average: 6.2%
With a disability
12.1%
+2.7 ptssince 2020
from 9.4% in 2020
US average: 13.3%
Uninsured
1.6%
−2.8 ptssince 2020
from 4.4% in 2020
US average: 8.4%
Broadband at home
98.7%
+2.7 ptssince 2020
from 96.0% in 2020
US average: 91.0%
English only at home
74.7%
−3.6 ptssince 2020
from 78.3% in 2020
US average: 77.7%
Spanish at home
8.0%
+1.7 ptssince 2020
from 6.3% 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 3,607 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 $138,047 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 $395,700, and the typical rent is about $1,648 a month.

How educated are people in this census tract?

About 66.5% 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 6.6% 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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