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CENSUS TRACT

Census Tract 5.06

Colorado · Larimer County · 2,590 residents · 0.493 sq mi
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2.012.0234.014.025.035.045.05611.0411.0611.0711.0911.1011.1111.125.06
TRACT SHAPE · Larimer County, CO
The short version

Census Tract 5.06 has roughly average household income, with a median household income of $79,135. Population has fallen 17% since 2020, a loss of 533 residents. 60% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $473,000. At a median age of 28.6, residents skew younger than the country as a whole.

At a glance
Average income
near the US median
US median: $82,259
Younger
median age 28.6
US median: 38.9
More educated
60% 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
2,590
−17%since 2020
from 3,123 in 2020
2020 – 2024
Population density
5,254 / sq mi
−17%since 2020
from 6,335 / sq mi in 2020
US average: 281
Median age
28.6
+20%since 2020
from 23.8 in 2020
US average: 38.9
Population, 20202024
3K3K3K3K3K20202024Census Tract 5.06
20243K
20202024
Section 02

Income & economy

Median household income
$79,135
+21%inflation adjusted, since 2020
from $53,977 in 2020
US average: $82,259
2020 – 2024
Per capita income
$40,755
+74%since 2020
from $23,401 in 2020
US average: $44,673
Households earning $100K+
52.0%
+16.1 ptssince 2020
from 35.9% in 2020
US average: 53.3%
Poverty rate
20.1%
−8.9 ptssince 2020
from 29.0% in 2020
US average: 12.5%
Income inequality (Gini)
0.408
+16%since 2020
from 0.351 in 2020
US average: 0.476
Workforce by industry, 2024
Information7.8%
US avg: 10.8%
Wholesale trade4.5%
US avg: 6.9%
Retail trade2.9%
US avg: 9.9%
Finance & insurance2.8%
US avg: 5.9%
Professional, scientific, technical2.8%
US avg: 5.1%
Other services2.8%
US avg: 6.7%
Public administration2.8%
US avg: 4.8%
Agriculture, forestry, fishing1.6%
US avg: 1.6%
Construction1.6%
US avg: 1.2%
Transportation & warehousing1.2%
US avg: 2.2%
Manufacturing0%
US avg: 0.4%
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
$473,000
+7%inflation adjusted, since 2020
from $364,300 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,767
−14%inflation adjusted, since 2020
from $1,690 in 2020
US average: $1,442
Owner-occupied
43.8%
−1.2 ptssince 2020
from 44.9% in 2020
56.3% rent
Vacancy rate
0.0%
−3.8 ptssince 2020
from 3.8% in 2020
US average: 10.0%
Owner cost-burdened
30.6%
−6.7 ptssince 2020
from 37.3% in 2020
US average: 22.9%
Renter cost-burdened
57.4%
−6.8 ptssince 2020
from 64.2% in 2020
US average: 47.4%
Afford Score
6.0
−11%since 2020
from 6.7 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 5.06 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic82.1%(2,563)
Black1.3%(42)
Hispanic / Latino11.8%(368)
Asian0.8%(24)
Other4%(126)
Diversity Score38.8%(1,213)
2024
White, non-Hispanic76.6%(1,983)
Black0.9%(23)
Hispanic / Latino11.4%(294)
Asian1.4%(35)
Other9.8%(255)
Diversity Score48.9%(1,266)
Diversity Score
49
+26%since 2020
from 39 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
59.6%
+7.7 ptssince 2020
from 51.9% in 2020
US average: 35.6%
High school or higher
98.9%
+1.3 ptssince 2020
from 97.6% in 2020
US average: 89.6%
Graduate degree
18.9%
+0.1 ptssince 2020
from 18.8% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
21.0 min
+3%since 2020
from 20.4 min in 2020
US average: 26.5
Drive alone to work
74.0%
+1.6 ptssince 2020
from 72.5% in 2020
US average: 68.9%
Carpooled to work
3.8%
−4.5 ptssince 2020
from 8.3% in 2020
US average: 8.5%
Public transit
3.0%
+0.2 ptssince 2020
from 2.7% in 2020
US average: 3.2%
Worked from home
13.3%
+3.9 ptssince 2020
from 9.4% in 2020
US average: 15.0%
Walked to work
0.6%
−0.7 ptssince 2020
from 1.3% in 2020
US average: 2.4%
Biked to work
4.7%
+2.0 ptssince 2020
from 2.7% in 2020
US average: 0.4%
No vehicle available
4.5%
+1.1 ptssince 2020
from 3.3% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
3.0%
−8.3 ptssince 2020
from 11.3% in 2020
US average: 5.2%
Labor force participation
75.5%
−5.9 ptssince 2020
from 81.4% in 2020
US average: 63.5%
Self-employed
17.3%
+1.1 ptssince 2020
from 16.2% in 2020
US average: 13.1%
Management & professional
53.0%
+6.6 ptssince 2020
from 46.4% in 2020
US average: 42.5%
Section 08

People & community

Male
58.3%
+2.3 ptssince 2020
from 56.0% in 2020
Female
41.7%
−2.3 ptssince 2020
from 44.0% in 2020
Foreign born
1.4%
−2.1 ptssince 2020
from 3.6% in 2020
US average: 14.1%
Veterans
1.4%
−1.4 ptssince 2020
from 2.8% in 2020
US average: 6.2%
With a disability
6.6%
+0.3 ptssince 2020
from 6.3% in 2020
US average: 13.3%
Uninsured
7.6%
+2.1 ptssince 2020
from 5.5% in 2020
US average: 8.4%
Broadband at home
95.5%
+1.5 ptssince 2020
from 94.0% in 2020
US average: 91.0%
English only at home
94.9%
+1.7 ptssince 2020
from 93.2% in 2020
US average: 77.7%
Spanish at home
2.5%
−2.4 ptssince 2020
from 4.9% 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 2,590 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 $79,135 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 $473,000, and the typical rent is about $1,767 a month.

How educated are people in this census tract?

About 59.6% 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 20.1% 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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