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CENSUS TRACT

Census Tract 740

New York · Kings County · 3,287 residents · 0.063 sq mi
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167171246319349.02370392398412432442452460476740
TRACT SHAPE · Kings County, NY
The short version

Census Tract 740 has lower-than-average household income, with a median household income of $68,125. Population has declined 10% since 2020. Median home value is $732,400. Despite a median home value of $732,400, the poverty rate sits 24% above the US average — a pattern often seen in resort and college towns.

At a glance
Lower income
below the US median
US median: $82,259
Mid-age
median age 40.3
US median: 38.9
Less educated
29% hold a bachelor's degree
US average: 36%
More affordable
home values down 7%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
3,287
−10%since 2020
from 3,649 in 2020
2020 – 2024
Population density
52,175 / sq mi
−10%since 2020
from 57,921 / sq mi in 2020
US average: 281
Median age
40.3
+17%since 2020
from 34.3 in 2020
US average: 38.9
Population, 20202024
3K3K3K4K4K20202024Census Tract 740
20243K
20202024
Section 02

Income & economy

Median household income
$68,125
−15%inflation adjusted, since 2020
from $66,023 in 2020
US average: $82,259
2020 – 2024
Per capita income
$31,431
+21%since 2020
from $26,030 in 2020
US average: $44,673
Households earning $100K+
49.3%
+2.2 ptssince 2020
from 47.1% in 2020
US average: 53.3%
Poverty rate
15.4%
+9.9 ptssince 2020
from 5.6% in 2020
US average: 12.5%
Income inequality (Gini)
0.431
+12%since 2020
from 0.384 in 2020
US average: 0.476
Workforce by industry, 2024
Information10.2%
US avg: 10.8%
Wholesale trade7%
US avg: 6.9%
Finance & insurance6.9%
US avg: 5.9%
Professional, scientific, technical6.9%
US avg: 5.1%
Retail trade1.5%
US avg: 9.9%
Arts, entertainment, food1.3%
US avg: 1.9%
Other services0.4%
US avg: 6.7%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Education & health services0%
US avg: 0.9%
Public administration0%
US avg: 4.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$732,400
−7%inflation adjusted, since 2020
from $653,200 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$2,136
+19%inflation adjusted, since 2020
from $1,479 in 2020
US average: $1,442
Owner-occupied
30.4%
−1.0 ptssince 2020
from 31.5% in 2020
69.6% rent
Vacancy rate
1.6%
−6.7 ptssince 2020
from 8.3% in 2020
US average: 10.0%
Owner cost-burdened
46.5%
+20.1 ptssince 2020
from 26.5% in 2020
US average: 22.9%
Renter cost-burdened
56.4%
+6.8 ptssince 2020
from 49.6% in 2020
US average: 47.4%
Afford Score
10.8
+9%since 2020
from 9.9 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 740 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic8.4%(305)
Black71.3%(2,600)
Hispanic / Latino7.4%(270)
Asian5.3%(192)
Other7.7%(282)
Diversity Score58.9%(2,149)
2024
White, non-Hispanic15.6%(514)
Black48.7%(1,600)
Hispanic / Latino9.7%(320)
Asian19.9%(653)
Other6.1%(200)
Diversity Score85.7%(2,818)
Diversity Score
86
+46%since 2020
from 59 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
29.3%
+3.6 ptssince 2020
from 25.7% in 2020
US average: 35.6%
High school or higher
86.3%
−4.8 ptssince 2020
from 91.2% in 2020
US average: 89.6%
Graduate degree
6.6%
−2.7 ptssince 2020
from 9.3% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
43.7 min
+1%since 2020
from 43.2 min in 2020
US average: 26.5
Drive alone to work
19.5%
−9.9 ptssince 2020
from 29.5% in 2020
US average: 68.9%
Carpooled to work
6.8%
+0.5 ptssince 2020
from 6.3% in 2020
US average: 8.5%
Public transit
54.5%
+3.0 ptssince 2020
from 51.4% in 2020
US average: 3.2%
Worked from home
14.0%
+11.2 ptssince 2020
from 2.8% in 2020
US average: 15.0%
Walked to work
2.0%
−4.3 ptssince 2020
from 6.3% in 2020
US average: 2.4%
Biked to work
0.9%
−0.9 ptssince 2020
from 1.8% in 2020
US average: 0.4%
No vehicle available
44.0%
+8.1 ptssince 2020
from 35.9% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
10.2%
+5.7 ptssince 2020
from 4.6% in 2020
US average: 5.2%
Labor force participation
66.3%
−0.4 ptssince 2020
from 66.7% in 2020
US average: 63.5%
Self-employed
17.3%
+6.2 ptssince 2020
from 11.2% in 2020
US average: 13.1%
Management & professional
21.0%
−12.7 ptssince 2020
from 33.7% in 2020
US average: 42.5%
Section 08

People & community

Male
54.2%
+4.3 ptssince 2020
from 49.8% in 2020
Female
45.8%
−4.3 ptssince 2020
from 50.2% in 2020
Foreign born
53.9%
−5.2 ptssince 2020
from 59.1% in 2020
US average: 14.1%
Veterans
0.7%
−0.6 ptssince 2020
from 1.2% in 2020
US average: 6.2%
With a disability
15.1%
+5.9 ptssince 2020
from 9.2% in 2020
US average: 13.3%
Uninsured
8.4%
+6.1 ptssince 2020
from 2.3% in 2020
US average: 8.4%
Broadband at home
96.7%
+4.7 ptssince 2020
from 92.0% in 2020
US average: 91.0%
English only at home
46.9%
−7.6 ptssince 2020
from 54.5% in 2020
US average: 77.7%
Spanish at home
10.3%
+2.7 ptssince 2020
from 7.7% 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 3,287 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 $68,125 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 $732,400, and the typical rent is about $2,136 a month.

How educated are people in this census tract?

About 29.3% 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 15.4% 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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