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CENSUS TRACT

Census Tract 505

Connecticut · Western Connecticut Planning Region · 5,038 residents · 2.609 sq mi
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426435443501502503.01504506505
TRACT SHAPE · Western Connecticut Planning Region, CT
The short version

Census Tract 505 is significantly wealthier than the US average, with a median household income of $250,001. Population has held roughly steady since 2024. 81% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $1,708,600. With a median age of 47.4, the population is older than the US median of 38.9. Households here earn about 95% more than the Western Connecticut Planning Region median.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 47.4
US median: 38.9
More educated
81% 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
5,038
Population density
1,931 / sq mi
US average: 281
Median age
47.4
US average: 38.9
Section 02

Income & economy

Median household income
$250,001
US average: $82,259
Per capita income
$154,425
US average: $44,673
Households earning $100K+
88.0%
US average: 53.3%
Poverty rate
1.5%
US average: 12.5%
Income inequality (Gini)
0.500
US average: 0.476
Workforce by industry, 2024
Other services29.8%
US avg: 6.7%
Public administration25.5%
US avg: 4.8%
Retail trade8.8%
US avg: 9.9%
Information4.6%
US avg: 10.8%
Arts, entertainment, food3.3%
US avg: 1.9%
Transportation & warehousing2.5%
US avg: 2.2%
Wholesale trade1.5%
US avg: 6.9%
Finance & insurance0.6%
US avg: 5.9%
Professional, scientific, technical0.6%
US avg: 5.1%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$1,708,600
US average: $376,019
Median gross rent
$3,023
US average: $1,442
Owner-occupied
92.4%
7.6% rent
Vacancy rate
3.7%
US average: 10.0%
Owner cost-burdened
32.5%
US average: 22.9%
Renter cost-burdened
61.0%
US average: 47.4%
Afford Score
6.8
RELATED:See current rent listings in Census Tract 505 on RentDataNow
Section 04

Race & ethnicity

2024
White, non-Hispanic77.8%(3,919)
Black3.9%(198)
Hispanic / Latino5.4%(272)
Asian3.2%(161)
Other9.7%(488)
Diversity Score47.5%(2,393)
2024
White, non-Hispanic77.8%(3,919)
Black3.9%(198)
Hispanic / Latino5.4%(272)
Asian3.2%(161)
Other9.7%(488)
Diversity Score47.5%(2,393)
Diversity Score
48
Section 05

Education

Bachelor's degree or higher
81.2%
US average: 35.6%
High school or higher
98.8%
US average: 89.6%
Graduate degree
43.1%
US average: 14.0%
Section 06

Commute & transportation

Average commute
37.1 min
US average: 26.5
Drive alone to work
33.0%
US average: 68.9%
Carpooled to work
3.6%
US average: 8.5%
Public transit
13.8%
US average: 3.2%
Worked from home
42.6%
US average: 15.0%
Walked to work
6.5%
US average: 2.4%
Biked to work
0.5%
US average: 0.4%
No vehicle available
2.5%
US average: 8.3%
Section 07

Work & employment

Unemployment rate
3.9%
US average: 5.2%
Labor force participation
56.3%
US average: 63.5%
Self-employed
7.5%
US average: 13.1%
Management & professional
76.6%
US average: 42.5%
Section 08

People & community

Male
54.0%
Female
46.0%
Foreign born
14.2%
US average: 14.1%
Veterans
4.6%
US average: 6.2%
With a disability
7.1%
US average: 13.3%
Uninsured
0.5%
US average: 8.4%
Broadband at home
99.2%
US average: 91.0%
English only at home
87.7%
US average: 77.7%
Spanish at home
0.6%
US average: 13.6%
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Frequently asked

How many people live in this census tract?

this census tract has about 5,038 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 $250,001 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 $1,708,600, and the typical rent is about $3,023 a month.

How educated are people in this census tract?

About 81.2% 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 1.5% 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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