CENSUS TRACT
Census Tract 703.04
Minnesota · Washington County · 4,927 residents · 1.642 sq mi
Notable rankings
#67highest rent burden in MN73.6%#137highest per-capita income in MN$71,187#153highest WFH in MN29.4%#158highest education in MN64.3%TRACT SHAPE · Washington County, MN
The short version
Census Tract 703.04 is significantly wealthier than the US average, with a median household income of $118,269. Population has declined 4% since 2020. 64% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value has risen by half since 2020, reaching $467,900. With a median age of 44.2, the population is older than the US median of 38.9.
At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 44.2
US median: 38.9
More educated
64% 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
4,927
−4%since 2020
from 5,133 in 2020
2020 – 2024
Population density
3,001 / sq mi
−4%since 2020
from 3,126 / sq mi in 2020
US average: 281
Median age
44.2
+4%since 2020
from 42.6 in 2020
US average: 38.9
Population, 2020 – 2024
20245K
Section 02
Income & economy
Median household income
$118,269
+8%inflation adjusted, since 2020
from $90,417 in 2020
US average: $82,259
2020 – 2024
Per capita income
$71,187
+23%since 2020
from $57,924 in 2020
US average: $44,673
Households earning $100K+
65.7%
+9.9 ptssince 2020
from 55.7% in 2020
US average: 53.3%
Poverty rate
5.7%
−0.1 ptssince 2020
from 5.7% in 2020
US average: 12.5%
Income inequality (Gini)
0.545
+1%since 2020
from 0.540 in 2020
US average: 0.476
Workforce by industry, 2024
Information13.1%
Retail trade9.5%
Wholesale trade8.6%
Other services4.5%
Public administration3.5%
Finance & insurance2.4%
Professional, scientific, technical2.4%
Arts, entertainment, food1.8%
Transportation & warehousing0.6%
Agriculture, forestry, fishing0%
Construction0%
Manufacturing0%
Education & health services0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$467,900
+24%inflation adjusted, since 2020
from $310,900 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,288
−27%inflation adjusted, since 2020
from $1,453 in 2020
US average: $1,442
Owner-occupied
75.4%
+0.2 ptssince 2020
from 75.2% in 2020
24.6% rent
Vacancy rate
9.3%
+7.7 ptssince 2020
from 1.6% in 2020
US average: 10.0%
Owner cost-burdened
15.7%
−6.6 ptssince 2020
from 22.3% in 2020
US average: 22.9%
Renter cost-burdened
73.6%
+13.9 ptssince 2020
from 59.6% in 2020
US average: 47.4%
Afford Score
4.0
+15%since 2020
from 3.4 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 703.04 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic96%(4,928)
Black0.1%(7)
Hispanic / Latino1%(50)
Asian1.1%(58)
Other1.8%(90)
Diversity Score9.7%(499)
2024
White, non-Hispanic92.9%(4,577)
Black0.4%(18)
Hispanic / Latino1.1%(55)
Asian2.8%(137)
Other2.8%(140)
Diversity Score16.9%(833)
Diversity Score
17
+74%since 2020
from 10 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
64.3%
+10.4 ptssince 2020
from 53.9% in 2020
US average: 35.6%
High school or higher
98.7%
+0.4 ptssince 2020
from 98.2% in 2020
US average: 89.6%
Graduate degree
25.8%
+5.1 ptssince 2020
from 20.7% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
25.4 min
+5%since 2020
from 24.3 min in 2020
US average: 26.5
Drive alone to work
65.9%
−12.4 ptssince 2020
from 78.3% in 2020
US average: 68.9%
Carpooled to work
2.5%
−4.9 ptssince 2020
from 7.5% in 2020
US average: 8.5%
Public transit
0.0%
−0.3 ptssince 2020
from 0.3% in 2020
US average: 3.2%
Worked from home
29.4%
+16.8 ptssince 2020
from 12.5% in 2020
US average: 15.0%
Walked to work
0.9%
+0.3 ptssince 2020
from 0.6% 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
9.7%
+2.9 ptssince 2020
from 6.8% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
6.3%
+1.6 ptssince 2020
from 4.7% in 2020
US average: 5.2%
Labor force participation
63.6%
−3.2 ptssince 2020
from 66.7% in 2020
US average: 63.5%
Self-employed
13.3%
+1.0 ptssince 2020
from 12.4% in 2020
US average: 13.1%
Management & professional
54.8%
+2.4 ptssince 2020
from 52.4% in 2020
US average: 42.5%
Section 08
People & community
Male
45.7%
−1.8 ptssince 2020
from 47.6% in 2020
Female
54.3%
+1.8 ptssince 2020
from 52.4% in 2020
Foreign born
2.6%
+0.3 ptssince 2020
from 2.4% in 2020
US average: 14.1%
Veterans
5.8%
−2.3 ptssince 2020
from 8.2% in 2020
US average: 6.2%
With a disability
15.5%
+1.9 ptssince 2020
from 13.6% in 2020
US average: 13.3%
Uninsured
1.3%
−2.0 ptssince 2020
from 3.3% in 2020
US average: 8.4%
Broadband at home
91.3%
+6.4 ptssince 2020
from 84.9% in 2020
US average: 91.0%
English only at home
92.6%
−3.4 ptssince 2020
from 95.9% in 2020
US average: 77.7%
Spanish at home
0.5%
Unchangedsince 2020
from 0.5% in 2020
US average: 13.6%
Drill deeper
Places similar to Census Tract 703.04
Census Tract 148.12
Pop 4,994
Census Tract 422.04
Pop 5,193
Census Tract 108
Pop 5,082
Census Tract 163.06
Pop 4,557
Places similar to Census Tract 703.04Head to head
Compare Census Tract 703.04 to nearby tracts
CENSUS TRACT 703.04 VS
Census Tract 703.03
Income$120,000+1%
Home value$470,000same
Population4,960+1%
SEE FULL COMPARISON →
CENSUS TRACT 703.04 VS
Census Tract 402
Income$70,819−40%
Home value$464,000−1%
Population1,962−60%
SEE FULL COMPARISON →
CENSUS TRACT 703.04 VS
Census Tract 403.02
Income$79,116−33%
Home value$349,400−25%
Population4,892−1%
SEE FULL COMPARISON →
CENSUS TRACT 703.04 VS
Census Tract 704.03
Income$143,583+21%
Home value$675,600+44%
Population3,774−23%
SEE FULL COMPARISON →
Frequently asked
How many people live in this census tract?
this census tract has about 4,927 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 $118,269 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 $467,900, and the typical rent is about $1,288 a month.
How educated are people in this census tract?
About 64.3% 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 5.7% of people in this census tract live below the federal poverty line.
Keep going
Explore from here
Containing area
Washington CountyOther census tracts in Washington County
Census Tract 710.19Census Tract 712.07Census Tract 714Census Tract 704.06Census Tract 702.04Census Tract 712.08Census Tract 712.11Census Tract 701.03Census Tract 709.07Census Tract 710.21Census Tract 712.09Census Tract 704.05Census Tract 709.10Census Tract 702.07Census Tract 713Census Tract 710.13DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024