COMPARING TWO PLACES
Census Tract 509.07 vs Census Tract 509.06
PLACE A
Census Tract 509.07, Indian River County, Florida
VS
PLACE B
Census Tract 509.06, Indian River County, Florida
Census Tract 509.07 is 27% smaller than Census Tract 509.06. Census Tract 509.07 earns more, with a median household income $7,397 higher.
CENSUS TRACT 509.07CENSUS TRACT 509.06DIFFERENCE
Total population1,5142,084−27% vs Census Tract 509.06
Population density891,801−1,713
Median age58.469.7−11.3
Male49.5%47.7%+1.8 pts
Female50.5%52.3%−1.8 pts
Foreign-born3.4%4.9%−1.5 pts
White, non-Hispanic73.2%92.1%−18.8 pts
Black8.5%1.0%+7.5 pts
Hispanic / Latino15.7%3.9%+11.7 pts
Asian0.0%0.0%Even
Other2.6%3.0%−0.4 pts
Median household income$50,485$43,088+$7,397
Per capita income$31,062$31,927−$865
Poverty rate22.5%9.7%+12.7 pts
Income inequality (Gini)0.4100.401Even
Bachelor's degree or higher24.0%10.0%+14.0 pts
Graduate degree6.1%4.4%+1.7 pts
Unemployment rate5.0%3.4%+1.5 pts
Labor force participation35.5%24.7%+10.7 pts
Median home value$292,700$54,200+$238,500
Median gross rent$1,592$961+$631
Owner-occupied83.0%86.0%−2.9 pts
Housing vacancy rate18.4%28.9%−10.5 pts
Rent-burdened households53.3%88.0%−34.6 pts
Average commute23.118.0+5.1
Worked from home8.7%11.4%−2.7 pts
Public transit to work0.0%0.0%Even
Uninsured16.2%2.0%+14.2 pts
Population, 2020 – 2024