COMPARING TWO PLACES
Census Tract 501.02 vs Census Tract 406
PLACE A
Census Tract 501.02, Indian River County, Florida
VS
PLACE B
Census Tract 406, Cook County, Illinois
Census Tract 501.02 is 47% larger than Census Tract 406. Census Tract 406 earns more, with a median household income $34,627 higher.
CENSUS TRACT 501.02CENSUS TRACT 406DIFFERENCE
Total population3,6952,521+47% vs Census Tract 406
Population density3,15819,695−16,537
Median age39.337.1+2.2
Male52.5%44.8%+7.7 pts
Female47.5%55.2%−7.7 pts
Foreign-born11.4%8.0%+3.4 pts
White, non-Hispanic73.3%68.9%+4.4 pts
Black2.4%4.8%−2.4 pts
Hispanic / Latino6.7%17.0%−10.2 pts
Asian5.0%2.1%+2.9 pts
Other12.6%7.3%+5.3 pts
Median household income$54,464$89,091−$34,627
Per capita income$27,322$85,767−$58,445
Poverty rate24.2%6.3%+17.8 pts
Income inequality (Gini)0.4220.526−0.1
Bachelor's degree or higher22.7%75.5%−52.8 pts
Graduate degree5.8%34.4%−28.6 pts
Unemployment rate8.9%2.0%+6.9 pts
Labor force participation63.2%80.2%−17.0 pts
Median home value$283,900$750,000−$466,100
Median gross rent$1,500$1,747−$247
Owner-occupied54.3%46.4%+7.9 pts
Housing vacancy rate10.8%10.3%+0.5 pts
Rent-burdened households45.5%44.2%+1.3 pts
Average commute21.735.6−13.9
Worked from home8.4%37.5%−29.1 pts
Public transit to work4.6%24.5%−19.9 pts
Uninsured23.5%7.3%+16.2 pts
Population, 2020 – 2024