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CENSUS TRACT

Census Tract 407.03

California · Riverside County · 2,842 residents · 1.631 sq mi
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406.03406.17406.19406.22408.12408.13408.16409.02409.03410.04466.01407.03
TRACT SHAPE · Riverside County, CA
The short version

Census Tract 407.03 is significantly wealthier than the US average, with a median household income of $135,691. Population has held roughly steady since 2020. Median home value is $755,400. Poverty is rare here, at 4.1% of residents. Households here earn about 46% more than the Riverside County median.

At a glance
Wealthier
above the US median
US median: $82,259
Mid-age
median age 40.0
US median: 38.9
Less educated
24% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
2,842
+3%since 2020
from 2,754 in 2020
2020 – 2024
Population density
1,742 / sq mi
+3%since 2020
from 1,689 / sq mi in 2020
US average: 281
Median age
40.0
−13%since 2020
from 46.1 in 2020
US average: 38.9
Population, 20202024
3K3K3K3K3K20202024Census Tract 407.03
20243K
20202024
Section 02

Income & economy

Median household income
$135,691
+9%inflation adjusted, since 2020
from $102,446 in 2020
US average: $82,259
2020 – 2024
Per capita income
$46,120
+13%since 2020
from $40,922 in 2020
US average: $44,673
Households earning $100K+
80.2%
+19.8 ptssince 2020
from 60.4% in 2020
US average: 53.3%
Poverty rate
4.1%
−2.2 ptssince 2020
from 6.2% in 2020
US average: 12.5%
Income inequality (Gini)
0.345
−14%since 2020
from 0.402 in 2020
US average: 0.476
Workforce by industry, 2024
Information15.9%
US avg: 10.8%
Wholesale trade14.7%
US avg: 6.9%
Retail trade8.7%
US avg: 9.9%
Finance & insurance5.3%
US avg: 5.9%
Professional, scientific, technical5.3%
US avg: 5.1%
Agriculture, forestry, fishing4.3%
US avg: 1.6%
Construction3.6%
US avg: 1.2%
Other services1.1%
US avg: 6.7%
Manufacturing0.6%
US avg: 0.4%
Public administration0.4%
US avg: 4.8%
Transportation & warehousing0%
US avg: 2.2%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$755,400
+22%inflation adjusted, since 2020
from $511,900 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$2,028
−6%inflation adjusted, since 2020
from $1,786 in 2020
US average: $1,442
Owner-occupied
75.1%
+1.4 ptssince 2020
from 73.6% in 2020
24.9% rent
Vacancy rate
3.8%
−0.3 ptssince 2020
from 4.1% in 2020
US average: 10.0%
Owner cost-burdened
26.3%
−6.0 ptssince 2020
from 32.3% in 2020
US average: 22.9%
Renter cost-burdened
25.5%
−11.2 ptssince 2020
from 36.7% in 2020
US average: 47.4%
Afford Score
5.6
+11%since 2020
from 5.0 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 407.03 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic67.2%(1,850)
Black0.2%(6)
Hispanic / Latino29.2%(804)
Asian1.8%(50)
Other1.6%(44)
Diversity Score57.9%(1,594)
2024
White, non-Hispanic56.6%(1,608)
Black0.4%(12)
Hispanic / Latino38.4%(1,090)
Asian1.7%(48)
Other3%(84)
Diversity Score66.4%(1,889)
Diversity Score
66
+15%since 2020
from 58 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
24.3%
+4.1 ptssince 2020
from 20.2% in 2020
US average: 35.6%
High school or higher
90.3%
+1.1 ptssince 2020
from 89.2% in 2020
US average: 89.6%
Graduate degree
5.8%
−1.4 ptssince 2020
from 7.2% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
34.3 min
+7%since 2020
from 32.1 min in 2020
US average: 26.5
Drive alone to work
85.0%
+0.5 ptssince 2020
from 84.5% in 2020
US average: 68.9%
Carpooled to work
4.8%
+0.8 ptssince 2020
from 4.0% in 2020
US average: 8.5%
Public transit
0.4%
−0.9 ptssince 2020
from 1.3% in 2020
US average: 3.2%
Worked from home
7.4%
+1.7 ptssince 2020
from 5.7% in 2020
US average: 15.0%
Walked to work
1.5%
+0.8 ptssince 2020
from 0.8% in 2020
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
6.6%
−3.0 ptssince 2020
from 9.6% in 2020
US average: 5.2%
Labor force participation
65.8%
−2.5 ptssince 2020
from 68.3% in 2020
US average: 63.5%
Self-employed
22.6%
+5.3 ptssince 2020
from 17.4% in 2020
US average: 13.1%
Management & professional
39.0%
−2.2 ptssince 2020
from 41.2% in 2020
US average: 42.5%
Section 08

People & community

Male
45.4%
−0.4 ptssince 2020
from 45.8% in 2020
Female
54.6%
+0.4 ptssince 2020
from 54.2% in 2020
Foreign born
9.9%
+4.1 ptssince 2020
from 5.8% in 2020
US average: 14.1%
Veterans
4.6%
−1.8 ptssince 2020
from 6.4% in 2020
US average: 6.2%
With a disability
9.2%
−4.8 ptssince 2020
from 14.0% in 2020
US average: 13.3%
Uninsured
5.1%
−1.0 ptssince 2020
from 6.1% in 2020
US average: 8.4%
Broadband at home
95.4%
+4.4 ptssince 2020
from 91.0% in 2020
US average: 91.0%
English only at home
71.8%
−7.8 ptssince 2020
from 79.6% in 2020
US average: 77.7%
Spanish at home
26.4%
+6.9 ptssince 2020
from 19.6% in 2020
US average: 13.6%
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Frequently asked

How many people live in this census tract?

this census tract has about 2,842 residents according to the 2024 American Community Survey.

What is the median household income in this census tract?

The typical household in this census tract earns about $135,691 a year. Half of households make more than that, and half make less.

Is this census tract expensive?

In this census tract, the median home is worth about $755,400, and the typical rent is about $2,028 a month.

How educated are people in this census tract?

About 24.3% of adults age 25 and over in this census tract hold a bachelor's degree or higher.

What is the poverty rate in this census tract?

About 4.1% of people in this census tract live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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