Census tract · Hennepin County

Census Tract 264.05, Hennepin County, Minnesota

Census Tract 264.05, GEOID 27053026405, in Hennepin County, Minnesota, entirely within Minnetonka. 2,176 residents in the ACS 2020-2024 5-year estimates (±216); the 2020 Census counted 2,501.

Residents, 2020-2024

2,176

±216 (90% margin)
2020 Census count: 2,501

Median household income

$110,652

±$20,501 (90% margin)
Hennepin County: $97,653

Median home value

$424,300

±$31,187 (90% margin)
Hennepin County: $392,900

Median gross rent

$1,799

±$482 (90% margin)
Hennepin County: $1,487

Where is Census Tract 264.05?

Census Tract 264.05 is one of 329 census tracts in Hennepin County, Minnesota. It covers 1.08 square miles of land, 2,314 residents per square mile in 2020. Its GEOID, 27053026405, names it uniquely (how tract numbers and GEOIDs work).

Places Census Tract 264.05 lies in (share of its 2020 census blocks)
PlaceShare of the tract
Minnetonka100%
Census Tract 264.05 (marked with a dot) in Hennepin County, Minnesota. Boundaries: Census Bureau 2024.
222264.03264.04264.06 264.05 1 mi
Census Tract 264.05 (shaded) and the tracts that border it, numbered. Boundaries: Census Bureau 2024 cartographic boundary file, 1:500,000.

4 census tracts border Census Tract 264.05: Tract 222 ($107,402), Tract 264.03 ($96,250), Tract 264.04 ($139,266) and Tract 264.06 ($83,077). The figure in brackets is each tract's median household income.

Whether a tract counts as low- or moderate-income for bank lending (the Community Reinvestment Act) is set by the FFIEC against its metro area's family income: look it up in the FFIEC census geocoder.

Source: 2024 Gazetteer and 2020 block assignment files, U.S. Census Bureau · Census reference files

How many people live in Census Tract 264.05?

The 2020-2024 American Community Survey puts Census Tract 264.05's population at 2,176 (±216) in 974 households; the 2020 Census counted 2,501 residents and 1,143 housing units.

Counts, ACS 2020-2024 5-year estimates
MeasureTract 264.05MinnetonkaHennepin CountyMinnesota
Total population2,176±21653,0641,269,4965,739,445
Households974±5423,515539,4932,307,955
Average household size2.23±0.202.242.302.43
Housing units974±5424,760571,5272,545,030

Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026); 2020 Census P.L. 94-171 · Check it at data.census.gov

Who lives in Census Tract 264.05?

The median resident of Census Tract 264.05 is 45.8 years old; 21.6% are under 18 and 32.5% are 65 or older. The largest group is non-Hispanic white residents at 72.7%, then non-Hispanic Black residents at 11.7%. 15.6% of residents were born outside the United States.

Age, origin, education, ACS 2020-2024 5-year estimates. Race groups are non-Hispanic; Hispanic includes any race.
MeasureTract 264.05MinnetonkaHennepin CountyMinnesota
Median age45.8±7.442.937.638.8
Under 18 years21.6%±5.6 pts21.3%21.6%22.9%
65 years and over32.5%±6.6 pts22.8%15.6%17.3%
Hispanic or Latino (any race)9.9%±9.8 pts4.1%7.8%6.4%
White alone, not Hispanic72.7%±9.8 pts80.9%65.2%75.9%
Black or African American alone, not Hispanic11.7%±8.8 pts4.2%13.3%6.9%
Asian alone, not Hispanic5.0%±4.7 pts6.0%7.0%5.1%
American Indian and Alaska Native alone, not Hispanic0.0%±0.1 pts0.2%0.4%0.7%
Native Hawaiian and Other Pacific Islander alone, not Hispanic0.0%±1.0 pts0.0%0.0%0.0%
Two or more races, not Hispanic0.6%±1.0 pts4.3%5.5%4.5%
Some other race alone, not Hispanic0.0%±1.0 pts0.4%0.8%0.5%
Born outside the United States15.6%±8.7 pts11.3%13.6%8.7%
Speak a language other than English at home (age 5+)20.7%±9.6 pts14.5%18.2%12.4%
Civilian veterans (age 18+)4.6%±2.8 pts4.5%4.5%5.9%
With a disability7.5%±3.0 pts9.2%10.5%11.6%
No health insurance coverage0.0%±1.0 pts1.3%4.5%4.7%
High school graduate or higher (age 25+)98.3%±1.8 pts98.3%94.1%93.9%
Bachelor's degree or higher (age 25+)60.3%±8.3 pts65.0%54.1%39.4%
Graduate or professional degree (age 25+)23.3%±6.1 pts25.2%20.3%13.8%
Lived in the same house a year earlier88.5%±7.9 pts88.2%85.0%87.8%

Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profiles DP02, DP05) · Check it at data.census.gov

What do households in Census Tract 264.05 earn?

Half of the 974 households in Census Tract 264.05 earn less than $110,652 a year (±$20,501), against $97,653 across Hennepin County: 128th highest of the county's 324 tracts with a reliable estimate.

Income and poverty in 2024 dollars, ACS 2020-2024 5-year estimates
MeasureTract 264.05MinnetonkaHennepin CountyMinnesota
Median household income$110,652±$20,501$119,517$97,653$89,062
Mean household income$134,341±$16,811$167,587$138,433$118,304
Per capita income$59,547±$7,679$75,502$59,401$48,237
People below the poverty line2.6%±2.0 pts5.9%10.0%9.3%
Children under 18 below the poverty line0.0%±4.7 pts5.7%10.9%10.3%
Households receiving SNAP3.0%±3.4 pts4.0%8.1%7.9%
Households with a computer98.9%±1.7 pts97.8%96.9%95.8%
Households with a broadband subscription97.0%±4.3 pts95.5%92.8%91.6%

Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP03) · Check it at data.census.gov

What does housing cost in Census Tract 264.05?

Owners occupy 61.5% of Census Tract 264.05's occupied homes and renters 38.5%. The median owner-occupied home is valued at $424,300 by its owner (±$31,187). The median renter pays $1,799 a month including utilities, and 51.5% of renters pay 35% or more of their income on rent.

Housing, ACS 2020-2024 5-year estimates
MeasureTract 264.05MinnetonkaHennepin CountyMinnesota
Median home value (owner-occupied)$424,300±$31,187$475,800$392,900$329,300
Median gross rent$1,799±$482$1,779$1,487$1,280
Renters paying 35% or more of income on rent51.5%±17.4 pts38.0%38.2%38.4%
Median monthly owner costs, with a mortgage$2,368±$263$2,540$2,255$1,947
Owner-occupied homes61.5%±8.8 pts71.6%62.7%72.2%
Renter-occupied homes38.5%±8.8 pts28.4%37.3%27.8%
Housing units974±5424,760571,5272,545,030
Single-family detached homes45.7%±8.2 pts53.8%52.0%66.0%
Mobile homes0.0%±2.3 pts0.1%0.3%2.9%
Built 2020 or later0.0%±2.3 pts2.5%2.0%1.9%
Built 2010 to 201911.7%±7.3 pts7.3%8.9%8.5%
Built 1939 or earlier4.2%±3.2 pts2.5%18.6%15.6%
Households with no vehicle7.3%±4.7 pts4.1%9.3%6.7%

Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP04) · Check it at data.census.gov

How do people in Census Tract 264.05 get to work?

75.0% of Census Tract 264.05's workers drive alone and 20.9% work from home. The average trip to work takes 19.7 minutes.

Work and commuting, ACS 2020-2024 5-year estimates
MeasureTract 264.05MinnetonkaHennepin CountyMinnesota
In the labor force (age 16+)64.3%±6.7 pts68.6%71.2%68.1%
Unemployment rate5.6%±3.9 pts3.0%4.5%4.1%
Drove alone to work75.0%±9.3 pts65.1%60.0%68.9%
Carpooled3.3%±4.1 pts4.2%6.2%7.5%
Public transportation0.0%±2.2 pts0.5%3.5%1.8%
Walked0.0%±2.2 pts1.2%2.8%2.5%
Worked from home20.9%±8.7 pts27.4%25.2%17.6%
Mean travel time to work19.7 min±2.819.3 min21.9 min22.7 min

Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP03) · Check it at data.census.gov

How does Census Tract 264.05 compare with the other tracts in Hennepin County?

Among Hennepin County's tracts with a reliable estimate, Census Tract 264.05 ranks as shown below (1 = highest).

Census Tract 264.05's rank among the tracts of Hennepin County and of Minnetonka
MeasureIn Hennepin CountyIn Minnetonka
Population297th of 32815th of 15
Residents per square mile262nd of 3296th of 15
Median household income128th of 32411th of 15
Per capita income142nd of 32613th of 15
Median home value118th of 32213th of 15
Median gross rent88th of 2956th of 12
Bachelor's degree or higher127th of 32611th of 15
Median age46th of 3287th of 15
Owner-occupied share195th of 32212th of 15

The tracts next to it on Hennepin County's income ladder

Median household income, ACS 2020-2024 5-year estimates
TractRankMedian household incomeResidents
Tract 269.06125th$111,190±$17,746 · within the margin of this tract7,106
Tract 265.07126th$110,855±$24,407 · within the margin of this tract4,538
Tract 267.13127th$110,781±$11,318 · within the margin of this tract4,030
Tract 264.05128th$110,652±$20,5012,176
Tract 219129th$110,388±$15,475 · within the margin of this tract4,359
Tract 1105130th$110,036±$10,133 · within the margin of this tract5,663
Tract 1080131st$109,947±$12,396 · within the margin of this tract3,700

"Within the margin": the two incomes differ by less than their combined 90% margins, so the survey cannot say which is higher and the ranks between them are not firm.

Source: PlainCities ranks computed from the American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) · How ranks are computed

How reliable are the figures for Census Tract 264.05?

4 of the 18 figures for Census Tract 264.05 on this page carry a coefficient of variation over 40% and are marked with a ring: they come from a small sample, so read them as rough.

A census tract's figures rest on a few hundred sampled households over five years, so its margins are wider than a city's. Two tracts differ only when the gap between them is larger than their combined 90% margin (the square root of the sum of the two squared margins). How to read a margin of error.

Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026): margins of error as published · Check it at data.census.gov

How these figures are made: methodology and release checks · reading a margin of error · every state · corrections