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12 | Page <br />City of Little Canada Housing Study - 2025 <br />Figure 7 - Poverty Rate <br /> <br />Source – 2023 ACS 5-Year Estimates <br />While Little Canada’s median income is significantly lower, its poverty rate is not <br />disproportionately high. This suggests that many residents earn modest incomes that, while <br />above the poverty threshold, may still limit housing options or financial flexibility. <br /> <br />Education <br />Approximately 40% of Little Canada residents over the age of 25 hold a bachelor’s degree or <br />higher. While this aligns with most reference communities, it is on the lower end, especially <br />when compared to affluent cities like Arden Hills and Shoreview, where over 60% of residents <br />hold at least a bachelor’s degree. <br />Figure 8 – Percent of Population Over 25 With at Least a Bachelor's Degree <br /> <br />Source – 2023 ACS 5-Year Estimates <br />At a national level, educational attainment strongly correlates with income and housing choices. <br />Considering Little Canada’s lower median income, higher poverty rate, and educational <br />4.3% <br />10.1%10.0% <br />13.1% <br />7.3%7.2% <br />3.5% <br />5.5%5.3% <br />7.8%8.2% <br />0.0% <br />2.0% <br />4.0% <br />6.0% <br />8.0% <br />10.0% <br />12.0% <br />14.0% <br />64.0% <br />39.1%36.3% <br />27.7% <br />44.3% <br />54.4%59.4%63.1% <br />43.1%40.1%44.9% <br />0.0% <br />10.0% <br />20.0% <br />30.0% <br />40.0% <br />50.0% <br />60.0% <br />70.0%