CENSUS TRACT
Census Tract 506.02
Florida · Broward County · 3,862 residents · 0.705 sq mi
TRACT SHAPE · Broward County, FL
The short version
Census Tract 506.02 has roughly average household income, with a median household income of $75,274. Population has grown 15% since 2020. Median home value is $473,400.
At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 37.0
US median: 38.9
Average education
33% 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
3,862
+15%since 2020
from 3,350 in 2020
2020 – 2024
Population density
5,478 / sq mi
+15%since 2020
from 4,752 / sq mi in 2020
US average: 281
Median age
37.0
−10%since 2020
from 41.3 in 2020
US average: 38.9
Population, 2020 – 2024
20244K
Section 02
Income & economy
Median household income
$75,274
+20%inflation adjusted, since 2020
from $51,679 in 2020
US average: $82,259
2020 – 2024
Per capita income
$51,705
+30%since 2020
from $39,757 in 2020
US average: $44,673
Households earning $100K+
50.5%
+13.0 ptssince 2020
from 37.5% in 2020
US average: 53.3%
Poverty rate
15.1%
+5.6 ptssince 2020
from 9.4% in 2020
US average: 12.5%
Income inequality (Gini)
0.442
−7%since 2020
from 0.473 in 2020
US average: 0.476
Workforce by industry, 2024
Information13.1%
Other services9.5%
Finance & insurance8.1%
Professional, scientific, technical7.6%
Wholesale trade6.3%
Public administration4.8%
Retail trade4.2%
Transportation & warehousing4.1%
Arts, entertainment, food1.1%
Education & health services0.6%
Agriculture, forestry, fishing0%
Construction0%
Manufacturing0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$473,400
+17%inflation adjusted, since 2020
from $332,800 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,754
+24%inflation adjusted, since 2020
from $1,168 in 2020
US average: $1,442
Owner-occupied
44.1%
−6.3 ptssince 2020
from 50.5% in 2020
55.9% rent
Vacancy rate
13.5%
−7.9 ptssince 2020
from 21.4% in 2020
US average: 10.0%
Owner cost-burdened
27.0%
+2.3 ptssince 2020
from 24.7% in 2020
US average: 22.9%
Renter cost-burdened
58.4%
−2.9 ptssince 2020
from 61.3% in 2020
US average: 47.4%
Afford Score
6.3
−2%since 2020
from 6.4 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 506.02 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic51.4%(1,723)
Black24.7%(829)
Hispanic / Latino21%(703)
Asian0.6%(21)
Other2.2%(74)
Diversity Score78.7%(2,637)
2024
White, non-Hispanic41.7%(1,611)
Black25.2%(975)
Hispanic / Latino21.3%(824)
Asian3.7%(142)
Other8%(310)
Diversity Score88.6%(3,422)
Diversity Score
89
+13%since 2020
from 79 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
33.2%
−0.6 ptssince 2020
from 33.8% in 2020
US average: 35.6%
High school or higher
89.0%
−0.9 ptssince 2020
from 90.0% in 2020
US average: 89.6%
Graduate degree
9.4%
−1.0 ptssince 2020
from 10.4% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
27.5 min
+8%since 2020
from 25.3 min in 2020
US average: 26.5
Drive alone to work
79.9%
+6.7 ptssince 2020
from 73.2% in 2020
US average: 68.9%
Carpooled to work
6.2%
−0.3 ptssince 2020
from 6.5% in 2020
US average: 8.5%
Public transit
0.0%
−2.6 ptssince 2020
from 2.6% in 2020
US average: 3.2%
Worked from home
13.9%
+2.1 ptssince 2020
from 11.7% in 2020
US average: 15.0%
Walked to work
0.0%
−1.3 ptssince 2020
from 1.3% in 2020
US average: 2.4%
Biked to work
0.0%
−2.4 ptssince 2020
from 2.4% in 2020
US average: 0.4%
No vehicle available
4.0%
−1.7 ptssince 2020
from 5.7% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
7.3%
Unchangedsince 2020
from 7.3% in 2020
US average: 5.2%
Labor force participation
76.2%
−2.6 ptssince 2020
from 78.8% in 2020
US average: 63.5%
Self-employed
10.6%
+3.9 ptssince 2020
from 6.7% in 2020
US average: 13.1%
Management & professional
35.6%
−2.4 ptssince 2020
from 38.0% in 2020
US average: 42.5%
Section 08
People & community
Male
58.4%
+0.9 ptssince 2020
from 57.5% in 2020
Female
41.6%
−0.9 ptssince 2020
from 42.5% in 2020
Foreign born
30.7%
+1.2 ptssince 2020
from 29.5% in 2020
US average: 14.1%
Veterans
7.9%
−0.9 ptssince 2020
from 8.8% in 2020
US average: 6.2%
With a disability
5.6%
−5.3 ptssince 2020
from 10.9% in 2020
US average: 13.3%
Uninsured
10.1%
−4.1 ptssince 2020
from 14.2% in 2020
US average: 8.4%
Broadband at home
94.6%
+14.4 ptssince 2020
from 80.2% in 2020
US average: 91.0%
English only at home
59.2%
−6.3 ptssince 2020
from 65.5% in 2020
US average: 77.7%
Spanish at home
21.3%
+2.0 ptssince 2020
from 19.3% in 2020
US average: 13.6%
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Compare Census Tract 506.02 to nearby tracts
CENSUS TRACT 506.02 VS
Census Tract 510.02
Income$93,375+24%
Home value$617,200+30%
Population2,613−32%
SEE FULL COMPARISON →
CENSUS TRACT 506.02 VS
Census Tract 507.02
Income$62,830−17%
Home value$435,400−8%
Population7,203+87%
SEE FULL COMPARISON →
CENSUS TRACT 506.02 VS
Census Tract 506.01
Income$102,917+37%
Home value$634,600+34%
Population3,055−21%
SEE FULL COMPARISON →
CENSUS TRACT 506.02 VS
Census Tract 510.01
Income$72,284−4%
Home value$527,700+11%
Population3,486−10%
SEE FULL COMPARISON →
Frequently asked
How many people live in this census tract?
this census tract has about 3,862 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 $75,274 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 $473,400, and the typical rent is about $1,754 a month.
How educated are people in this census tract?
About 33.2% 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 15.1% of people in this census tract live below the federal poverty line.
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Containing area
Broward CountyOther census tracts in Broward County
Census Tract 105.03Census Tract 203.18Census Tract 107.02Census Tract 104.05Census Tract 1103.61Census Tract 203.02Census Tract 201.01Census Tract 1103.37Census Tract 204.07Census Tract 703.31Census Tract 204.04Census Tract 108Census Tract 503.01Census Tract 603.02Census Tract 205.02Census Tract 907DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024