CENSUS TRACT
Census Tract 721
New York · Montgomery County · 5,578 residents · 29.642 sq mi
TRACT SHAPE · Montgomery County, NY
The short version
Census Tract 721 has roughly average household income, with a median household income of $83,989. Population has declined 7% since 2020. Median home value is $216,100. With a median age of 47.7, the population is older than the US median of 38.9. Households here earn about 29% more than the Montgomery County median.
At a glance
Average income
near the US median
US median: $82,259
Older
median age 47.7
US median: 38.9
Average education
31% 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
5,578
−7%since 2020
from 5,996 in 2020
2020 – 2024
Population density
188 / sq mi
−7%since 2020
from 202 / sq mi in 2020
US average: 281
Median age
47.7
−11%since 2020
from 53.7 in 2020
US average: 38.9
Population, 2020 – 2024
20246K
Section 02
Income & economy
Median household income
$83,989
+17%inflation adjusted, since 2020
from $59,337 in 2020
US average: $82,259
2020 – 2024
Per capita income
$39,947
+4%since 2020
from $38,245 in 2020
US average: $44,673
Households earning $100K+
53.7%
+13.8 ptssince 2020
from 39.8% in 2020
US average: 53.3%
Poverty rate
8.4%
+4.2 ptssince 2020
from 4.2% in 2020
US average: 12.5%
Income inequality (Gini)
0.416
−2%since 2020
from 0.425 in 2020
US average: 0.476
Workforce by industry, 2024
Information12.6%
Finance & insurance9.2%
Wholesale trade8.5%
Professional, scientific, technical8.2%
Retail trade5.8%
Other services3.9%
Public administration3%
Transportation & warehousing1.3%
Education & health services1%
Arts, entertainment, food0.1%
Agriculture, forestry, fishing0%
Construction0%
Manufacturing0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$216,100
+13%inflation adjusted, since 2020
from $157,200 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$883
−4%inflation adjusted, since 2020
from $761 in 2020
US average: $1,442
Owner-occupied
83.7%
+5.1 ptssince 2020
from 78.6% in 2020
16.3% rent
Vacancy rate
7.4%
−3.3 ptssince 2020
from 10.7% in 2020
US average: 10.0%
Owner cost-burdened
17.2%
−5.9 ptssince 2020
from 23.1% in 2020
US average: 22.9%
Renter cost-burdened
26.7%
−2.1 ptssince 2020
from 28.8% in 2020
US average: 47.4%
Afford Score
2.6
−3%since 2020
from 2.6 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 721 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic87.1%(5,221)
Black1.4%(86)
Hispanic / Latino10.1%(603)
Asian0%(0)
Other1.4%(86)
Diversity Score28.9%(1,733)
2024
White, non-Hispanic82.9%(4,622)
Black0.6%(35)
Hispanic / Latino12.4%(692)
Asian0.6%(31)
Other3.5%(198)
Diversity Score37.1%(2,069)
Diversity Score
37
+28%since 2020
from 29 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
31.3%
+3.7 ptssince 2020
from 27.6% in 2020
US average: 35.6%
High school or higher
92.8%
+0.2 ptssince 2020
from 92.6% in 2020
US average: 89.6%
Graduate degree
15.5%
+4.6 ptssince 2020
from 10.9% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
25.2 min
+7%since 2020
from 23.5 min in 2020
US average: 26.5
Drive alone to work
80.4%
−2.7 ptssince 2020
from 83.1% in 2020
US average: 68.9%
Carpooled to work
10.0%
+4.9 ptssince 2020
from 5.1% in 2020
US average: 8.5%
Public transit
0.1%
+0.1 ptssince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
8.2%
−2.0 ptssince 2020
from 10.2% in 2020
US average: 15.0%
Walked to work
0.6%
+0.6 ptssince 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
2.5%
−3.6 ptssince 2020
from 6.2% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
7.1%
+0.8 ptssince 2020
from 6.4% in 2020
US average: 5.2%
Labor force participation
56.4%
−0.6 ptssince 2020
from 57.1% in 2020
US average: 63.5%
Self-employed
22.8%
+5.2 ptssince 2020
from 17.6% in 2020
US average: 13.1%
Management & professional
39.1%
+0.5 ptssince 2020
from 38.7% in 2020
US average: 42.5%
Section 08
People & community
Male
50.6%
−1.4 ptssince 2020
from 52.0% in 2020
Female
49.4%
+1.4 ptssince 2020
from 48.0% in 2020
Foreign born
3.5%
+2.1 ptssince 2020
from 1.4% in 2020
US average: 14.1%
Veterans
9.2%
+0.3 ptssince 2020
from 8.8% in 2020
US average: 6.2%
With a disability
12.3%
−1.5 ptssince 2020
from 13.8% in 2020
US average: 13.3%
Uninsured
0.9%
+0.4 ptssince 2020
from 0.5% in 2020
US average: 8.4%
Broadband at home
84.5%
−0.7 ptssince 2020
from 85.2% in 2020
US average: 91.0%
English only at home
91.7%
−3.6 ptssince 2020
from 95.4% in 2020
US average: 77.7%
Spanish at home
2.4%
−0.9 ptssince 2020
from 3.3% in 2020
US average: 13.6%
Drill deeper
Places similar to Census Tract 721
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Places similar to Census Tract 721Head to head
Compare Census Tract 721 to nearby tracts
CENSUS TRACT 721 VS
Census Tract 707
Income$83,190−1%
Home value$139,300−36%
Population2,111−62%
SEE FULL COMPARISON →
CENSUS TRACT 721 VS
Census Tract 706
Income$42,629−49%
Home value$143,500−34%
Population2,046−63%
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CENSUS TRACT 721 VS
Census Tract 708
Income$44,289−47%
Home value$129,200−40%
Population2,894−48%
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CENSUS TRACT 721 VS
Census Tract 703
Income$49,420−41%
Home value$85,200−61%
Population2,049−63%
SEE FULL COMPARISON →
Frequently asked
How many people live in this census tract?
this census tract has about 5,578 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 $83,989 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 $216,100, and the typical rent is about $883 a month.
How educated are people in this census tract?
About 31.3% 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 8.4% of people in this census tract live below the federal poverty line.
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Montgomery CountyDATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024