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CENSUS TRACT

Census Tract 1

Minnesota · Olmsted County · 1,784 residents · 0.29 sq mi
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23456101112.0115.0115.0216.011
TRACT SHAPE · Olmsted County, MN
The short version

Census Tract 1 has notably lower household income than the US average, with a median household income of $42,432. Population has declined 10% since 2020. 57% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $212,500. At a median age of 34.8, residents skew younger than the country as a whole. Households here earn about 56% less than the Olmsted County median.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 34.8
US median: 38.9
More educated
57% hold a bachelor's degree
US average: 36%
More affordable
home values down 9%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
1,784
−10%since 2020
from 1,992 in 2020
2020 – 2024
Population density
6,152 / sq mi
−10%since 2020
from 6,869 / sq mi in 2020
US average: 281
Median age
34.8
−4%since 2020
from 36.4 in 2020
US average: 38.9
Population, 20202024
2K2K2K2K2K20202024Census Tract 1
20242K
20202024
Section 02

Income & economy

Median household income
$42,432
+23%inflation adjusted, since 2020
from $28,388 in 2020
US average: $82,259
2020 – 2024
Per capita income
$48,998
+35%since 2020
from $36,401 in 2020
US average: $44,673
Households earning $100K+
24.9%
+2.8 ptssince 2020
from 22.0% in 2020
US average: 53.3%
Poverty rate
25.5%
−16.5 ptssince 2020
from 42.1% in 2020
US average: 12.5%
Income inequality (Gini)
0.491
−10%since 2020
from 0.547 in 2020
US average: 0.476
Workforce by industry, 2024
Finance & insurance2.7%
US avg: 5.9%
Professional, scientific, technical2.7%
US avg: 5.1%
Information2.6%
US avg: 10.8%
Retail trade1.6%
US avg: 9.9%
Wholesale trade1.2%
US avg: 6.9%
Other services1%
US avg: 6.7%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
Public administration0%
US avg: 4.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$212,500
−9%inflation adjusted, since 2020
from $193,500 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,202
−11%inflation adjusted, since 2020
from $1,113 in 2020
US average: $1,442
Owner-occupied
3.3%
−4.0 ptssince 2020
from 7.4% in 2020
96.7% rent
Vacancy rate
19.3%
+14.9 ptssince 2020
from 4.5% in 2020
US average: 10.0%
Owner cost-burdened
78.7%
+34.7 ptssince 2020
from 44.0% in 2020
US average: 22.9%
Renter cost-burdened
53.8%
+8.6 ptssince 2020
from 45.2% in 2020
US average: 47.4%
Afford Score
5.0
−27%since 2020
from 6.8 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 1 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic56%(1,115)
Black14%(278)
Hispanic / Latino11%(220)
Asian13.7%(273)
Other5.3%(106)
Diversity Score79.2%(1,577)
2024
White, non-Hispanic53.8%(959)
Black14.1%(251)
Hispanic / Latino4.9%(87)
Asian22%(392)
Other5.3%(95)
Diversity Score79.7%(1,422)
Diversity Score
80
+1%since 2020
from 79 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
56.6%
+6.3 ptssince 2020
from 50.3% in 2020
US average: 35.6%
High school or higher
87.5%
−6.3 ptssince 2020
from 93.8% in 2020
US average: 89.6%
Graduate degree
38.3%
+5.6 ptssince 2020
from 32.7% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
14.2 min
+13%since 2020
from 12.6 min in 2020
US average: 26.5
Drive alone to work
22.9%
−0.3 ptssince 2020
from 23.2% in 2020
US average: 68.9%
Carpooled to work
0.0%
−4.3 ptssince 2020
from 4.3% in 2020
US average: 8.5%
Public transit
3.3%
+0.3 ptssince 2020
from 3.0% in 2020
US average: 3.2%
Worked from home
11.6%
+8.0 ptssince 2020
from 3.6% in 2020
US average: 15.0%
Walked to work
60.4%
Unchangedsince 2020
from 60.4% 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
47.1%
−3.6 ptssince 2020
from 50.7% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
10.6%
−10.5 ptssince 2020
from 21.0% in 2020
US average: 5.2%
Labor force participation
57.3%
+9.8 ptssince 2020
from 47.5% in 2020
US average: 63.5%
Self-employed
41.9%
+9.8 ptssince 2020
from 32.0% in 2020
US average: 13.1%
Management & professional
73.4%
+15.4 ptssince 2020
from 58.0% in 2020
US average: 42.5%
Section 08

People & community

Male
47.3%
+5.4 ptssince 2020
from 41.9% in 2020
Female
52.7%
−5.4 ptssince 2020
from 58.1% in 2020
Foreign born
31.6%
+10.5 ptssince 2020
from 21.1% in 2020
US average: 14.1%
Veterans
4.3%
+0.4 ptssince 2020
from 3.9% in 2020
US average: 6.2%
With a disability
38.7%
+0.8 ptssince 2020
from 37.9% in 2020
US average: 13.3%
Uninsured
4.5%
−0.1 ptssince 2020
from 4.6% in 2020
US average: 8.4%
Broadband at home
66.5%
+7.1 ptssince 2020
from 59.4% in 2020
US average: 91.0%
English only at home
61.9%
−7.8 ptssince 2020
from 69.7% in 2020
US average: 77.7%
Spanish at home
2.1%
−4.2 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 1,784 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 $42,432 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 $212,500, and the typical rent is about $1,202 a month.

How educated are people in this census tract?

About 56.6% 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 25.5% 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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