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COMPARING TWO PLACES

Census Tract 509.06 vs Census Tract 509.07

PLACE A
Census Tract 509.06, Indian River County, Florida
VS
PLACE B
Census Tract 509.07, Indian River County, Florida
Census Tract 509.06 is 38% larger than Census Tract 509.07. Census Tract 509.07 earns more, with a median household income $7,397 higher.
CENSUS TRACT 509.06CENSUS TRACT 509.07DIFFERENCE
Total population2,0841,514+38% vs Census Tract 509.07
Population density1,80189+1,713
Median age69.758.4+11.3
Male47.7%49.5%−1.8 pts
Female52.3%50.5%+1.8 pts
Foreign-born4.9%3.4%+1.5 pts
White, non-Hispanic92.1%73.2%+18.8 pts
Black1.0%8.5%−7.5 pts
Hispanic / Latino3.9%15.7%−11.7 pts
Asian0.0%0.0%Even
Other3.0%2.6%+0.4 pts
Median household income$43,088$50,485−$7,397
Per capita income$31,927$31,062+$865
Poverty rate9.7%22.5%−12.7 pts
Income inequality (Gini)0.4010.410Even
Bachelor's degree or higher10.0%24.0%−14.0 pts
Graduate degree4.4%6.1%−1.7 pts
Unemployment rate3.4%5.0%−1.5 pts
Labor force participation24.7%35.5%−10.7 pts
Median home value$54,200$292,700−$238,500
Median gross rent$961$1,592−$631
Owner-occupied86.0%83.0%+2.9 pts
Housing vacancy rate28.9%18.4%+10.5 pts
Rent-burdened households88.0%53.3%+34.6 pts
Average commute18.023.1−5.1
Worked from home11.4%8.7%+2.7 pts
Public transit to work0.0%0.0%Even
Uninsured2.0%16.2%−14.2 pts
Population, 20202024
9321K2K2K3K20202024Census Tract 509.06Census Tract 509.07
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