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COMPARING TWO PLACES

Census Tract 509.07 vs Census Tract 509.08

PLACE A
Census Tract 509.07, Indian River County, Florida
VS
PLACE B
Census Tract 509.08, Indian River County, Florida
Census Tract 509.07 is 68% smaller than Census Tract 509.08. Census Tract 509.08 earns more, with a median household income $13,515 higher.
CENSUS TRACT 509.07CENSUS TRACT 509.08DIFFERENCE
Total population1,5144,747−68% vs Census Tract 509.08
Population density8917+72
Median age58.437.7+20.7
Male49.5%57.5%−7.9 pts
Female50.5%42.5%+7.9 pts
Foreign-born3.4%19.6%−16.2 pts
White, non-Hispanic73.2%31.8%+41.5 pts
Black8.5%13.3%−4.8 pts
Hispanic / Latino15.7%46.7%−31.1 pts
Asian0.0%1.5%−1.5 pts
Other2.6%6.7%−4.1 pts
Median household income$50,485$64,000−$13,515
Per capita income$31,062$27,169+$3,893
Poverty rate22.5%23.2%−0.7 pts
Income inequality (Gini)0.4100.436−0.0
Bachelor's degree or higher24.0%21.3%+2.8 pts
Graduate degree6.1%5.6%+0.5 pts
Unemployment rate5.0%8.3%−3.3 pts
Labor force participation35.5%58.7%−23.2 pts
Median home value$292,700$260,100+$32,600
Median gross rent$1,592$1,203+$389
Owner-occupied83.0%85.3%−2.3 pts
Housing vacancy rate18.4%20.0%−1.7 pts
Rent-burdened households53.3%55.4%−2.1 pts
Average commute23.132.6−9.5
Worked from home8.7%3.6%+5.1 pts
Public transit to work0.0%1.2%−1.2 pts
Uninsured16.2%26.2%−10.0 pts
Population, 20202024
7282K3K4K5K20202024Census Tract 509.07Census Tract 509.08
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