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CENSUS TRACT

Census Tract 508

Florida · Broward County · 6,016 residents · 1.274 sq mi
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408.01409.01410411412413414415416.01417502.07502.08503.01503.06503.08503.09503.12503.14503.15503.16504.01504.02505.01505.02507.01507.02509510.01604.01608.02508
TRACT SHAPE · Broward County, FL
The short version

Census Tract 508 has lower-than-average household income, with a median household income of $62,554. Population has held roughly steady since 2020. Median home value has more than doubled since 2020, reaching $317,300. The poverty rate of 26.0% is well above the national figure.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 35.8
US median: 38.9
Average education
31% hold a bachelor's degree
US average: 36%
Less affordable
home values up 67%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
6,016
+5%since 2020
from 5,751 in 2020
2020 – 2024
Population density
4,722 / sq mi
+5%since 2020
from 4,514 / sq mi in 2020
US average: 281
Median age
35.8
+9%since 2020
from 32.9 in 2020
US average: 38.9
Population, 20202024
6K6K6K6K6K20202024Census Tract 508
20246K
20202024
Section 02

Income & economy

Median household income
$62,554
+8%inflation adjusted, since 2020
from $47,810 in 2020
US average: $82,259
2020 – 2024
Per capita income
$25,783
+45%since 2020
from $17,734 in 2020
US average: $44,673
Households earning $100K+
45.7%
+26.9 ptssince 2020
from 18.8% in 2020
US average: 53.3%
Poverty rate
26.0%
+5.7 ptssince 2020
from 20.3% in 2020
US average: 12.5%
Income inequality (Gini)
0.401
−6%since 2020
from 0.425 in 2020
US average: 0.476
Workforce by industry, 2024
Wholesale trade12.6%
US avg: 6.9%
Information10.6%
US avg: 10.8%
Finance & insurance8.2%
US avg: 5.9%
Professional, scientific, technical8.2%
US avg: 5.1%
Other services6.6%
US avg: 6.7%
Arts, entertainment, food4%
US avg: 1.9%
Retail trade3.3%
US avg: 9.9%
Public administration2.1%
US avg: 4.8%
Transportation & warehousing0.5%
US avg: 2.2%
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
$317,300
+67%inflation adjusted, since 2020
from $157,100 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,529
+6%inflation adjusted, since 2020
from $1,193 in 2020
US average: $1,442
Owner-occupied
62.7%
+4.2 ptssince 2020
from 58.5% in 2020
37.3% rent
Vacancy rate
15.4%
+6.6 ptssince 2020
from 8.8% in 2020
US average: 10.0%
Owner cost-burdened
30.4%
−10.3 ptssince 2020
from 40.7% in 2020
US average: 22.9%
Renter cost-burdened
48.4%
−22.4 ptssince 2020
from 70.7% in 2020
US average: 47.4%
Afford Score
5.1
+54%since 2020
from 3.3 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 508 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic1.8%(103)
Black86.1%(4,952)
Hispanic / Latino9.4%(539)
Asian0.3%(18)
Other2.4%(139)
Diversity Score31.1%(1,789)
2024
White, non-Hispanic4.6%(279)
Black75%(4,514)
Hispanic / Latino16.3%(980)
Asian1.3%(80)
Other2.7%(163)
Diversity Score50.9%(3,064)
Diversity Score
51
+64%since 2020
from 31 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
30.5%
+12.1 ptssince 2020
from 18.5% in 2020
US average: 35.6%
High school or higher
79.0%
−4.3 ptssince 2020
from 83.2% in 2020
US average: 89.6%
Graduate degree
12.6%
+1.5 ptssince 2020
from 11.1% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
29.1 min
+3%since 2020
from 28.3 min in 2020
US average: 26.5
Drive alone to work
60.1%
−10.4 ptssince 2020
from 70.5% in 2020
US average: 68.9%
Carpooled to work
22.2%
−2.3 ptssince 2020
from 24.6% in 2020
US average: 8.5%
Public transit
4.4%
+1.8 ptssince 2020
from 2.6% in 2020
US average: 3.2%
Worked from home
8.1%
+8.1 ptssince 2020
from 0.0% in 2020
US average: 15.0%
Walked to work
0.1%
−1.2 ptssince 2020
from 1.3% 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
5.7%
−7.6 ptssince 2020
from 13.3% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
6.4%
−4.3 ptssince 2020
from 10.7% in 2020
US average: 5.2%
Labor force participation
63.8%
−0.3 ptssince 2020
from 64.2% in 2020
US average: 63.5%
Self-employed
13.2%
−4.4 ptssince 2020
from 17.6% in 2020
US average: 13.1%
Management & professional
24.3%
+10.4 ptssince 2020
from 13.9% in 2020
US average: 42.5%
Section 08

People & community

Male
48.2%
+10.7 ptssince 2020
from 37.5% in 2020
Female
51.8%
−10.7 ptssince 2020
from 62.5% in 2020
Foreign born
31.0%
+13.3 ptssince 2020
from 17.7% in 2020
US average: 14.1%
Veterans
3.1%
−0.3 ptssince 2020
from 3.3% in 2020
US average: 6.2%
With a disability
12.9%
−3.2 ptssince 2020
from 16.1% in 2020
US average: 13.3%
Uninsured
23.8%
+0.4 ptssince 2020
from 23.4% in 2020
US average: 8.4%
Broadband at home
89.9%
+15.5 ptssince 2020
from 74.4% in 2020
US average: 91.0%
English only at home
71.0%
−14.1 ptssince 2020
from 85.1% in 2020
US average: 77.7%
Spanish at home
13.4%
+5.3 ptssince 2020
from 8.1% 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 6,016 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 $62,554 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 $317,300, and the typical rent is about $1,529 a month.

How educated are people in this census tract?

About 30.5% 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 26.0% 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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