CENSUS TRACT
Census Tract 703
Minnesota · Hubbard County · 2,069 residents · 159.306 sq mi
Notable rankings
#42highest old in MN56.2 yrs#107lowest low density in MN12.99/sq mi#120lowest low rent burden in MN14.5%#251lowest low broadband in MN86.1%TRACT SHAPE · Hubbard County, MN
The short version
Census Tract 703 has roughly average household income, with a median household income of $78,831. Population has held roughly steady since 2020. Median home value is $285,500. With a median age of 56.2, the population is older than the US median of 38.9.
At a glance
Average income
near the US median
US median: $82,259
Older
median age 56.2
US median: 38.9
Average education
34% 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
2,069
+7%since 2020
from 1,937 in 2020
2020 – 2024
Population density
13 / sq mi
+7%since 2020
from 12 / sq mi in 2020
US average: 281
Median age
56.2
+2%since 2020
from 55.2 in 2020
US average: 38.9
Population, 2020 – 2024
20242K
Section 02
Income & economy
Median household income
$78,831
+9%inflation adjusted, since 2020
from $59,881 in 2020
US average: $82,259
2020 – 2024
Per capita income
$38,091
+18%since 2020
from $32,415 in 2020
US average: $44,673
Households earning $100K+
53.5%
+18.1 ptssince 2020
from 35.4% in 2020
US average: 53.3%
Poverty rate
9.6%
+1.4 ptssince 2020
from 8.2% in 2020
US average: 12.5%
Income inequality (Gini)
0.372
−9%since 2020
from 0.411 in 2020
US average: 0.476
Workforce by industry, 2024
Wholesale trade12.1%
Information11%
Retail trade10.9%
Other services6.6%
Finance & insurance3.8%
Professional, scientific, technical3.2%
Public administration3.1%
Transportation & warehousing2.2%
Agriculture, forestry, fishing2.1%
Construction2.1%
Arts, entertainment, food1.5%
Education & health services0.6%
Manufacturing0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$285,500
+6%inflation adjusted, since 2020
from $223,000 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,000
+15%inflation adjusted, since 2020
from $717 in 2020
US average: $1,442
Owner-occupied
92.9%
−0.3 ptssince 2020
from 93.2% in 2020
7.1% rent
Vacancy rate
47.5%
−3.6 ptssince 2020
from 51.1% in 2020
US average: 10.0%
Owner cost-burdened
22.5%
−0.9 ptssince 2020
from 23.4% in 2020
US average: 22.9%
Renter cost-burdened
14.5%
+0.7 ptssince 2020
from 13.8% in 2020
US average: 47.4%
Afford Score
3.6
−3%since 2020
from 3.7 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 703 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic94%(1,821)
Black0%(0)
Hispanic / Latino0.3%(5)
Asian0.3%(5)
Other5.5%(106)
Diversity Score14.1%(274)
2024
White, non-Hispanic92.5%(1,913)
Black0.6%(12)
Hispanic / Latino2%(41)
Asian0%(0)
Other5%(103)
Diversity Score17.8%(368)
Diversity Score
18
+26%since 2020
from 14 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
33.6%
+0.7 ptssince 2020
from 32.9% in 2020
US average: 35.6%
High school or higher
96.0%
+1.8 ptssince 2020
from 94.2% in 2020
US average: 89.6%
Graduate degree
11.7%
−1.4 ptssince 2020
from 13.0% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
24.3 min
−17%since 2020
from 29.4 min in 2020
US average: 26.5
Drive alone to work
71.8%
−2.8 ptssince 2020
from 74.6% in 2020
US average: 68.9%
Carpooled to work
11.3%
−4.5 ptssince 2020
from 15.8% in 2020
US average: 8.5%
Public transit
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
13.8%
+8.8 ptssince 2020
from 4.9% in 2020
US average: 15.0%
Walked to work
2.7%
−1.8 ptssince 2020
from 4.5% in 2020
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
3.2%
+1.0 ptssince 2020
from 2.2% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
5.2%
−0.8 ptssince 2020
from 6.1% in 2020
US average: 5.2%
Labor force participation
55.7%
+1.1 ptssince 2020
from 54.5% in 2020
US average: 63.5%
Self-employed
15.1%
−2.8 ptssince 2020
from 17.8% in 2020
US average: 13.1%
Management & professional
34.2%
+3.9 ptssince 2020
from 30.3% in 2020
US average: 42.5%
Section 08
People & community
Male
52.5%
−2.3 ptssince 2020
from 54.8% in 2020
Female
47.5%
+2.3 ptssince 2020
from 45.2% in 2020
Foreign born
2.0%
+1.4 ptssince 2020
from 0.6% in 2020
US average: 14.1%
Veterans
12.5%
Unchangedsince 2020
from 12.5% in 2020
US average: 6.2%
With a disability
17.6%
+5.7 ptssince 2020
from 11.9% in 2020
US average: 13.3%
Uninsured
7.8%
+2.6 ptssince 2020
from 5.2% in 2020
US average: 8.4%
Broadband at home
86.1%
+1.9 ptssince 2020
from 84.2% in 2020
US average: 91.0%
English only at home
96.6%
−2.0 ptssince 2020
from 98.5% in 2020
US average: 77.7%
Spanish at home
1.3%
+1.2 ptssince 2020
from 0.1% in 2020
US average: 13.6%
Drill deeper
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Places similar to Census Tract 703Head to head
Compare Census Tract 703 to nearby tracts
CENSUS TRACT 703 VS
Census Tract 702
Income$91,027+15%
Home value$383,100+34%
Population2,387+15%
SEE FULL COMPARISON →
CENSUS TRACT 703 VS
Census Tract 704
Income$64,191−19%
Home value$263,000−8%
Population2,974+44%
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CENSUS TRACT 703 VS
Census Tract 9400.01
Income$65,714−17%
Home value$299,900+5%
Population3,969+92%
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CENSUS TRACT 703 VS
Census Tract 701
Income$83,750+6%
Home value$277,600−3%
Population5,102+147%
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Frequently asked
How many people live in this census tract?
this census tract has about 2,069 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 $78,831 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 $285,500, and the typical rent is about $1,000 a month.
How educated are people in this census tract?
About 33.6% 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 9.6% of people in this census tract live below the federal poverty line.
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Containing area
Hubbard CountyOther census tracts in Hubbard County
Census Tract 701Census Tract 706Census Tract 704Census Tract 705Census Tract 707Census Tract 702DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024