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CENSUS TRACT

Census Tract 408.01

Minnesota · Ramsey County · 3,268 residents · 5.368 sq mi
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508.28407.05407.06407.07407.08408.05409.01409.02412408.01
TRACT SHAPE · Ramsey County, MN
The short version

Census Tract 408.01 is wealthier than most US places, with a median household income of $101,875. Population has declined 12% since 2020. 50% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $355,200.

At a glance
Wealthier
above the US median
US median: $82,259
Mid-age
median age 39.6
US median: 38.9
More educated
50% 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
3,268
−12%since 2020
from 3,729 in 2020
2020 – 2024
Population density
609 / sq mi
−12%since 2020
from 695 / sq mi in 2020
US average: 281
Median age
39.6
+8%since 2020
from 36.8 in 2020
US average: 38.9
Population, 20202024
3K3K3K4K4K20202024Census Tract 408.01
20243K
20202024
Section 02

Income & economy

Median household income
$101,875
−4%inflation adjusted, since 2020
from $87,311 in 2020
US average: $82,259
2020 – 2024
Per capita income
$47,194
+28%since 2020
from $36,831 in 2020
US average: $44,673
Households earning $100K+
60.7%
−1.6 ptssince 2020
from 62.3% in 2020
US average: 53.3%
Poverty rate
9.1%
+3.5 ptssince 2020
from 5.6% in 2020
US average: 12.5%
Income inequality (Gini)
0.435
+15%since 2020
from 0.378 in 2020
US average: 0.476
Workforce by industry, 2024
Retail trade19.6%
US avg: 9.9%
Information11.7%
US avg: 10.8%
Other services7%
US avg: 6.7%
Public administration6.5%
US avg: 4.8%
Finance & insurance5.1%
US avg: 5.9%
Professional, scientific, technical5.1%
US avg: 5.1%
Wholesale trade2.6%
US avg: 6.9%
Agriculture, forestry, fishing0.7%
US avg: 1.6%
Construction0.7%
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%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$355,200
+9%inflation adjusted, since 2020
from $269,700 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,487
−25%inflation adjusted, since 2020
from $1,646 in 2020
US average: $1,442
Owner-occupied
83.0%
−5.9 ptssince 2020
from 88.9% in 2020
17.0% rent
Vacancy rate
4.8%
+3.2 ptssince 2020
from 1.6% in 2020
US average: 10.0%
Owner cost-burdened
16.9%
+2.1 ptssince 2020
from 14.8% in 2020
US average: 22.9%
Renter cost-burdened
61.2%
+47.2 ptssince 2020
from 14.0% in 2020
US average: 47.4%
Afford Score
3.5
+13%since 2020
from 3.1 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 408.01 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic67.3%(2,508)
Black1.5%(55)
Hispanic / Latino7.9%(294)
Asian19%(708)
Other4.4%(164)
Diversity Score62.9%(2,346)
2024
White, non-Hispanic70.5%(2,305)
Black3.4%(111)
Hispanic / Latino14.1%(462)
Asian8%(261)
Other3.9%(129)
Diversity Score59.2%(1,934)
Diversity Score
59
−6%since 2020
from 63 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
50.5%
+0.3 ptssince 2020
from 50.2% in 2020
US average: 35.6%
High school or higher
94.6%
+4.6 ptssince 2020
from 90.0% in 2020
US average: 89.6%
Graduate degree
20.1%
+0.7 ptssince 2020
from 19.4% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
16.9 min
−26%since 2020
from 22.7 min in 2020
US average: 26.5
Drive alone to work
64.9%
−13.2 ptssince 2020
from 78.1% in 2020
US average: 68.9%
Carpooled to work
6.5%
−1.9 ptssince 2020
from 8.4% in 2020
US average: 8.5%
Public transit
0.7%
−3.2 ptssince 2020
from 3.8% in 2020
US average: 3.2%
Worked from home
25.7%
+17.9 ptssince 2020
from 7.8% in 2020
US average: 15.0%
Walked to work
2.2%
+0.4 ptssince 2020
from 1.9% 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
11.1%
+10.5 ptssince 2020
from 0.7% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
2.9%
−2.3 ptssince 2020
from 5.2% in 2020
US average: 5.2%
Labor force participation
64.0%
−5.2 ptssince 2020
from 69.1% in 2020
US average: 63.5%
Self-employed
12.5%
−4.3 ptssince 2020
from 16.8% in 2020
US average: 13.1%
Management & professional
52.7%
+3.3 ptssince 2020
from 49.3% in 2020
US average: 42.5%
Section 08

People & community

Male
52.6%
+4.0 ptssince 2020
from 48.6% in 2020
Female
47.4%
−4.0 ptssince 2020
from 51.4% in 2020
Foreign born
15.1%
+5.4 ptssince 2020
from 9.6% in 2020
US average: 14.1%
Veterans
5.2%
−1.0 ptssince 2020
from 6.2% in 2020
US average: 6.2%
With a disability
12.6%
+5.5 ptssince 2020
from 7.1% in 2020
US average: 13.3%
Uninsured
9.3%
+3.5 ptssince 2020
from 5.8% in 2020
US average: 8.4%
Broadband at home
94.9%
+2.2 ptssince 2020
from 92.7% in 2020
US average: 91.0%
English only at home
80.4%
−4.1 ptssince 2020
from 84.4% in 2020
US average: 77.7%
Spanish at home
9.9%
+3.6 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 3,268 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 $101,875 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 $355,200, and the typical rent is about $1,487 a month.

How educated are people in this census tract?

About 50.5% 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 9.1% 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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