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CENSUS TRACT

Census Tract 702.05

Minnesota · Washington County · 3,950 residents · 34.852 sq mi
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702.05
TRACT SHAPE · Washington County, MN
The short version

Census Tract 702.05 is wealthier than most US places, with a median household income of $101,953. Population has declined 4% since 2020. Median home value is $475,800. With a median age of 46.0, the population is older than the US median of 38.9. Poverty is rare here, at 1.9% of residents.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 46.0
US median: 38.9
More educated
41% 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
3,950
−4%since 2020
from 4,135 in 2020
2020 – 2024
Population density
113 / sq mi
−4%since 2020
from 119 / sq mi in 2020
US average: 281
Median age
46.0
−3%since 2020
from 47.2 in 2020
US average: 38.9
Population, 20202024
4K4K4K4K4K20202024Census Tract 702.05
20244K
20202024
Section 02

Income & economy

Median household income
$101,953
−1%inflation adjusted, since 2020
from $84,741 in 2020
US average: $82,259
2020 – 2024
Per capita income
$57,641
+21%since 2020
from $47,627 in 2020
US average: $44,673
Households earning $100K+
66.0%
+8.5 ptssince 2020
from 57.5% in 2020
US average: 53.3%
Poverty rate
1.9%
+0.4 ptssince 2020
from 1.5% in 2020
US average: 12.5%
Income inequality (Gini)
0.469
−5%since 2020
from 0.495 in 2020
US average: 0.476
Workforce by industry, 2024
Retail trade13.1%
US avg: 9.9%
Other services10.2%
US avg: 6.7%
Wholesale trade9.1%
US avg: 6.9%
Finance & insurance7%
US avg: 5.9%
Professional, scientific, technical7%
US avg: 5.1%
Public administration6.3%
US avg: 4.8%
Information5.3%
US avg: 10.8%
Agriculture, forestry, fishing1.9%
US avg: 1.6%
Construction1.9%
US avg: 1.2%
Arts, entertainment, food0.6%
US avg: 1.9%
Transportation & warehousing0.4%
US avg: 2.2%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$475,800
−3%inflation adjusted, since 2020
from $403,200 in 2020
US average: $376,019
2020 – 2024
Owner-occupied
88.7%
+6.6 ptssince 2020
from 82.0% in 2020
11.3% rent
Vacancy rate
9.2%
−0.2 ptssince 2020
from 9.4% in 2020
US average: 10.0%
Owner cost-burdened
18.8%
+3.4 ptssince 2020
from 15.4% in 2020
US average: 22.9%
Renter cost-burdened
62.4%
−0.3 ptssince 2020
from 62.7% in 2020
US average: 47.4%
Afford Score
4.7
−2%since 2020
from 4.8 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 702.05 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic97.8%(4,044)
Black0.2%(9)
Hispanic / Latino1.3%(55)
Asian0%(0)
Other0.7%(27)
Diversity Score5.4%(224)
2024
White, non-Hispanic93.7%(3,702)
Black0%(0)
Hispanic / Latino2.6%(102)
Asian0%(0)
Other3.7%(146)
Diversity Score14.9%(590)
Diversity Score
15
+176%since 2020
from 5 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
40.9%
+6.4 ptssince 2020
from 34.5% in 2020
US average: 35.6%
High school or higher
96.5%
−0.4 ptssince 2020
from 96.9% in 2020
US average: 89.6%
Graduate degree
11.9%
+4.0 ptssince 2020
from 7.9% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
33.0 min
−17%since 2020
from 39.8 min in 2020
US average: 26.5
Drive alone to work
65.6%
−9.7 ptssince 2020
from 75.4% in 2020
US average: 68.9%
Carpooled to work
11.8%
+3.7 ptssince 2020
from 8.2% in 2020
US average: 8.5%
Public transit
0.6%
−1.1 ptssince 2020
from 1.7% in 2020
US average: 3.2%
Worked from home
21.2%
+8.0 ptssince 2020
from 13.2% in 2020
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2020
from 0.0% 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
7.0%
−1.8 ptssince 2020
from 8.8% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
1.7%
+0.6 ptssince 2020
from 1.1% in 2020
US average: 5.2%
Labor force participation
53.8%
+2.1 ptssince 2020
from 51.8% in 2020
US average: 63.5%
Self-employed
13.5%
+3.4 ptssince 2020
from 10.1% in 2020
US average: 13.1%
Management & professional
50.4%
+9.0 ptssince 2020
from 41.3% in 2020
US average: 42.5%
Section 08

People & community

Male
51.0%
+0.9 ptssince 2020
from 50.2% in 2020
Female
49.0%
−0.9 ptssince 2020
from 49.8% in 2020
Foreign born
1.6%
+0.8 ptssince 2020
from 0.8% in 2020
US average: 14.1%
Veterans
6.2%
−6.8 ptssince 2020
from 13.0% in 2020
US average: 6.2%
With a disability
9.8%
−2.0 ptssince 2020
from 11.8% in 2020
US average: 13.3%
Uninsured
2.5%
+2.0 ptssince 2020
from 0.5% in 2020
US average: 8.4%
Broadband at home
90.0%
+5.8 ptssince 2020
from 84.2% in 2020
US average: 91.0%
English only at home
96.7%
−1.4 ptssince 2020
from 98.1% in 2020
US average: 77.7%
Spanish at home
2.0%
+0.7 ptssince 2020
from 1.3% 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 3,950 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 $101,953 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 $475,800.

How educated are people in this census tract?

About 40.9% 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 1.9% 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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