COMPARING TWO PLACES
Census Tract 503.05 vs Census Tract 503.06
PLACE A
Census Tract 503.05, Indian River County, Florida
VS
PLACE B
Census Tract 503.06, Broward County, Florida
Census Tract 503.05 is 39% smaller than Census Tract 503.06. Census Tract 503.05 earns more, with a median household income $22,594 higher.
CENSUS TRACT 503.05CENSUS TRACT 503.06DIFFERENCE
Total population3,8176,217−39% vs Census Tract 503.06
Population density1,82515,660−13,835
Median age57.129.6+27.5
Male42.9%47.7%−4.8 pts
Female57.1%52.3%+4.8 pts
Foreign-born5.1%46.9%−41.8 pts
White, non-Hispanic59.5%4.0%+55.4 pts
Black12.8%86.3%−73.5 pts
Hispanic / Latino14.8%3.7%+11.1 pts
Asian0.4%5.5%−5.1 pts
Other12.5%0.4%+12.1 pts
Median household income$75,168$52,574+$22,594
Per capita income$40,430$22,613+$17,817
Poverty rate13.7%19.8%−6.1 pts
Income inequality (Gini)0.5230.455+0.1
Bachelor's degree or higher30.8%6.2%+24.6 pts
Graduate degree14.2%2.8%+11.4 pts
Unemployment rate15.2%0.9%+14.3 pts
Labor force participation44.5%66.8%−22.3 pts
Median home value$281,900$255,100+$26,800
Median gross rent$1,412$1,698−$286
Owner-occupied61.1%30.8%+30.2 pts
Housing vacancy rate17.2%14.0%+3.1 pts
Rent-burdened households64.1%74.6%−10.6 pts
Average commute20.227.2−7.0
Worked from home5.8%2.7%+3.2 pts
Public transit to work2.8%11.6%−8.8 pts
Uninsured4.4%25.6%−21.2 pts
Population, 2020 – 2024