CENSUS TRACT
Census Tract 12.03
Minnesota · Olmsted County · 7,605 residents · 21.828 sq mi
The short version
Census Tract 12.03 is significantly wealthier than the US average, with a median household income of $232,906. Population has held roughly steady since 2020. 73% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $598,300. With a median age of 44.9, the population is older than the US median of 38.9. Households here earn about 144% more than the Olmsted 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
73% 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
7,605
+14%since 2020
from 6,661 in 2020
2020 – 2024
Population density
348 / sq mi
+14%since 2020
from 305 / sq mi in 2020
US average: 281
Median age
44.9
+5%since 2020
from 42.8 in 2020
US average: 38.9
Population, 2020 – 2024
20248K
Section 02
Income & economy
Median household income
$232,906
+6%inflation adjusted, since 2020
from $180,517 in 2020
US average: $82,259
2020 – 2024
Per capita income
$109,571
+44%since 2020
from $76,239 in 2020
US average: $44,673
Households earning $100K+
82.3%
−0.7 ptssince 2020
from 83.0% in 2020
US average: 53.3%
Poverty rate
0.8%
−0.7 ptssince 2020
from 1.5% in 2020
US average: 12.5%
Income inequality (Gini)
0.462
+14%since 2020
from 0.403 in 2020
US average: 0.476
Workforce by industry, 2024
Other services6.5%
Information5.1%
Retail trade4.5%
Public administration2.9%
Wholesale trade1.9%
Transportation & warehousing1.9%
Finance & insurance1.5%
Professional, scientific, technical1.4%
Arts, entertainment, food1.4%
Agriculture, forestry, fishing0.5%
Construction0.5%
Education & health services0.1%
Manufacturing0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$598,300
+12%inflation adjusted, since 2020
from $442,200 in 2020
US average: $376,019
2020 – 2024
Owner-occupied
98.9%
+0.9 ptssince 2020
from 98.0% in 2020
1.1% rent
Vacancy rate
3.7%
+3.7 ptssince 2020
from 0.0% in 2020
US average: 10.0%
Owner cost-burdened
13.9%
+1.9 ptssince 2020
from 12.0% in 2020
US average: 22.9%
Renter cost-burdened
9.7%
−35.2 ptssince 2020
from 44.9% in 2020
US average: 47.4%
Afford Score
2.6
+5%since 2020
from 2.4 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 12.03 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic77.8%(5,182)
Black1.1%(72)
Hispanic / Latino4.3%(285)
Asian12.8%(851)
Other4.1%(271)
Diversity Score46.9%(3,121)
2024
White, non-Hispanic77.6%(5,903)
Black0.8%(63)
Hispanic / Latino6.3%(482)
Asian12.1%(924)
Other3.1%(233)
Diversity Score47.2%(3,591)
Diversity Score
47
+1%since 2020
from 47 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
73.1%
+2.1 ptssince 2020
from 71.0% in 2020
US average: 35.6%
High school or higher
98.6%
−0.9 ptssince 2020
from 99.4% in 2020
US average: 89.6%
Graduate degree
48.5%
+3.5 ptssince 2020
from 45.0% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
28.0 min
+13%since 2020
from 24.8 min in 2020
US average: 26.5
Drive alone to work
73.5%
−6.3 ptssince 2020
from 79.8% in 2020
US average: 68.9%
Carpooled to work
11.0%
+1.9 ptssince 2020
from 9.2% in 2020
US average: 8.5%
Public transit
1.6%
−3.0 ptssince 2020
from 4.6% in 2020
US average: 3.2%
Worked from home
13.6%
+9.2 ptssince 2020
from 4.4% in 2020
US average: 15.0%
Walked to work
0.0%
−0.9 ptssince 2020
from 0.9% in 2020
US average: 2.4%
Biked to work
0.2%
−0.3 ptssince 2020
from 0.5% in 2020
US average: 0.4%
No vehicle available
1.7%
+0.1 ptssince 2020
from 1.6% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
1.8%
+0.7 ptssince 2020
from 1.2% in 2020
US average: 5.2%
Labor force participation
69.8%
+0.2 ptssince 2020
from 69.6% in 2020
US average: 63.5%
Self-employed
27.1%
−3.2 ptssince 2020
from 30.3% in 2020
US average: 13.1%
Management & professional
75.7%
+3.8 ptssince 2020
from 71.9% in 2020
US average: 42.5%
Section 08
People & community
Male
52.7%
+3.6 ptssince 2020
from 49.1% in 2020
Female
47.3%
−3.6 ptssince 2020
from 50.9% in 2020
Foreign born
14.8%
+1.7 ptssince 2020
from 13.1% in 2020
US average: 14.1%
Veterans
6.2%
+0.5 ptssince 2020
from 5.7% in 2020
US average: 6.2%
With a disability
5.6%
−1.1 ptssince 2020
from 6.7% in 2020
US average: 13.3%
Uninsured
2.7%
+0.5 ptssince 2020
from 2.2% in 2020
US average: 8.4%
Broadband at home
99.4%
+3.0 ptssince 2020
from 96.4% in 2020
US average: 91.0%
English only at home
86.2%
−3.4 ptssince 2020
from 89.6% in 2020
US average: 77.7%
Spanish at home
4.1%
+1.6 ptssince 2020
from 2.5% in 2020
US average: 13.6%
Drill deeper
Places similar to Census Tract 12.03
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Compare Census Tract 12.03 to nearby tracts
CENSUS TRACT 12.03 VS
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Home value$308,100−49%
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CENSUS TRACT 12.03 VS
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CENSUS TRACT 12.03 VS
Census Tract 11
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CENSUS TRACT 12.03 VS
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Frequently asked
How many people live in this census tract?
this census tract has about 7,605 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 $232,906 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 $598,300.
How educated are people in this census tract?
About 73.1% 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 0.8% of people in this census tract live below the federal poverty line.
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Containing area
Olmsted CountyOther census tracts in Olmsted County
Census Tract 14.03Census Tract 9.01Census Tract 14.04Census Tract 21Census Tract 20Census Tract 18Census Tract 23Census Tract 2Census Tract 17.03Census Tract 16.01Census Tract 14.01Census Tract 17.02Census Tract 13.02Census Tract 16.03Census Tract 13.01Census Tract 19.02DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024