CENSUS TRACT
Census Tract 406.05
Minnesota · Ramsey County · 3,702 residents · 2.749 sq mi
Notable rankings
#62lowest low rent burden in MN6.5%#175lowest low poverty in MN2.7%#201highest per-capita income in MN$64,604#320lowest low rent in MN$906TRACT SHAPE · Ramsey County, MN
The short version
Census Tract 406.05 is significantly wealthier than the US average, with a median household income of $108,911. Population has declined 10% since 2020. Median home value is $377,500. Poverty is rare here, at 2.7% of residents. Households here earn about 34% more than the Ramsey County median.
At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 42.6
US median: 38.9
More educated
42% 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
3,702
−10%since 2020
from 4,094 in 2020
2020 – 2024
Population density
1,347 / sq mi
−10%since 2020
from 1,489 / sq mi in 2020
US average: 281
Median age
42.6
−2%since 2020
from 43.4 in 2020
US average: 38.9
Population, 2020 – 2024
20244K
Section 02
Income & economy
Median household income
$108,911
−1%inflation adjusted, since 2020
from $90,333 in 2020
US average: $82,259
2020 – 2024
Per capita income
$64,604
+35%since 2020
from $47,831 in 2020
US average: $44,673
Households earning $100K+
71.3%
+5.5 ptssince 2020
from 65.8% in 2020
US average: 53.3%
Poverty rate
2.7%
−1.1 ptssince 2020
from 3.9% in 2020
US average: 12.5%
Income inequality (Gini)
0.431
+12%since 2020
from 0.385 in 2020
US average: 0.476
Workforce by industry, 2024
Retail trade22.7%
Wholesale trade7.2%
Transportation & warehousing5.7%
Information5.1%
Other services5.1%
Public administration5.1%
Finance & insurance2.2%
Professional, scientific, technical2.1%
Arts, entertainment, food1.6%
Agriculture, forestry, fishing0.4%
Construction0.4%
Education & health services0.1%
Manufacturing0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$377,500
+22%inflation adjusted, since 2020
from $255,500 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$906
−48%inflation adjusted, since 2020
from $1,425 in 2020
US average: $1,442
Owner-occupied
92.3%
−4.3 ptssince 2020
from 96.5% in 2020
7.7% rent
Vacancy rate
1.2%
−2.0 ptssince 2020
from 3.3% in 2020
US average: 10.0%
Owner cost-burdened
15.3%
−3.8 ptssince 2020
from 19.1% in 2020
US average: 22.9%
Renter cost-burdened
6.5%
−73.2 ptssince 2020
from 79.7% in 2020
US average: 47.4%
Afford Score
3.5
+23%since 2020
from 2.8 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 406.05 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic88%(3,604)
Black0.9%(37)
Hispanic / Latino0.8%(32)
Asian7.9%(322)
Other2.4%(99)
Diversity Score27.3%(1,116)
2024
White, non-Hispanic82.1%(3,040)
Black0.8%(30)
Hispanic / Latino8.9%(329)
Asian5%(184)
Other3.2%(119)
Diversity Score39.3%(1,454)
Diversity Score
39
+44%since 2020
from 27 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
41.6%
+3.0 ptssince 2020
from 38.6% in 2020
US average: 35.6%
High school or higher
91.7%
−0.3 ptssince 2020
from 92.0% in 2020
US average: 89.6%
Graduate degree
16.6%
+2.0 ptssince 2020
from 14.6% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
21.5 min
−16%since 2020
from 25.6 min in 2020
US average: 26.5
Drive alone to work
70.2%
−8.2 ptssince 2020
from 78.4% in 2020
US average: 68.9%
Carpooled to work
5.4%
−5.4 ptssince 2020
from 10.8% in 2020
US average: 8.5%
Public transit
0.2%
+0.2 ptssince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
20.2%
+9.4 ptssince 2020
from 10.8% in 2020
US average: 15.0%
Walked to work
1.1%
+1.1 ptssince 2020
from 0.0% in 2020
US average: 2.4%
Biked to work
1.2%
+1.2 ptssince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
1.3%
−0.6 ptssince 2020
from 1.9% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
7.2%
+0.3 ptssince 2020
from 6.9% in 2020
US average: 5.2%
Labor force participation
65.1%
−4.5 ptssince 2020
from 69.6% in 2020
US average: 63.5%
Self-employed
11.3%
−1.4 ptssince 2020
from 12.7% in 2020
US average: 13.1%
Management & professional
45.3%
−9.5 ptssince 2020
from 54.8% in 2020
US average: 42.5%
Section 08
People & community
Male
53.0%
+6.9 ptssince 2020
from 46.0% in 2020
Female
47.0%
−6.9 ptssince 2020
from 54.0% in 2020
Foreign born
7.3%
+1.4 ptssince 2020
from 5.9% in 2020
US average: 14.1%
Veterans
9.6%
−1.7 ptssince 2020
from 11.3% in 2020
US average: 6.2%
With a disability
8.3%
+2.7 ptssince 2020
from 5.6% in 2020
US average: 13.3%
Uninsured
6.0%
+1.4 ptssince 2020
from 4.6% in 2020
US average: 8.4%
Broadband at home
92.5%
−4.9 ptssince 2020
from 97.4% in 2020
US average: 91.0%
English only at home
87.6%
−6.9 ptssince 2020
from 94.5% in 2020
US average: 77.7%
Spanish at home
7.6%
+7.6 ptssince 2020
from 0.0% in 2020
US average: 13.6%
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Places similar to Census Tract 406.05Head to head
Compare Census Tract 406.05 to nearby tracts
CENSUS TRACT 406.05 VS
Census Tract 306.02
Income$79,323−27%
Home value$272,300−28%
Population3,987+8%
SEE FULL COMPARISON →
CENSUS TRACT 406.05 VS
Census Tract 306.01
Income$40,333−63%
Home value$217,900−42%
Population5,500+49%
SEE FULL COMPARISON →
CENSUS TRACT 406.05 VS
Census Tract 305
Income$46,536−57%
Home value$168,200−55%
Population6,328+71%
SEE FULL COMPARISON →
CENSUS TRACT 406.05 VS
Census Tract 304
Income$56,727−48%
Home value$286,000−24%
Population6,066+64%
SEE FULL COMPARISON →
Frequently asked
How many people live in this census tract?
this census tract has about 3,702 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 $108,911 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 $377,500, and the typical rent is about $906 a month.
How educated are people in this census tract?
About 41.6% 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 2.7% of people in this census tract live below the federal poverty line.
Keep going
Explore from here
Containing area
Ramsey CountyOther census tracts in Ramsey County
Census Tract 374.03Census Tract 317.02Census Tract 416.01Census Tract 305Census Tract 372Census Tract 307.02Census Tract 425.01Census Tract 424.01Census Tract 304Census Tract 411.07Census Tract 303Census Tract 424.02Census Tract 415Census Tract 422.02Census Tract 411.05Census Tract 404.02DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024