CENSUS TRACT
Census Tract 504.01
Florida · Indian River County · 4,053 residents · 1.162 sq mi
Notable rankings
#14lowest short commute in FL#1223 US13.1 min#294highest high poverty in FL29.9%#327lowest low income in FL$40,173TRACT SHAPE · Indian River County, FL
The short version
Census Tract 504.01 has notably lower household income than the US average, with a median household income of $40,173. Population has held roughly steady since 2020. 20% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has more than doubled since 2020, reaching $170,800. With a median age of 45.7, the population is older than the US median of 38.9. Households here earn about 45% less than the Indian River County median.
At a glance
Lower income
below the US median
US median: $82,259
Older
median age 45.7
US median: 38.9
Less educated
20% hold a bachelor's degree
US average: 36%
Less affordable
home values up 59%, inflation adjusted
US median home: $376,019
Section 01
Population & growth
Total population
4,053
+13%since 2020
from 3,574 in 2020
2020 – 2024
Population density
3,488 / sq mi
+13%since 2020
from 3,076 / sq mi in 2020
US average: 281
Median age
45.7
+1%since 2020
from 45.1 in 2020
US average: 38.9
Population, 2020 – 2024
20244K
Section 02
Income & economy
Median household income
$40,173
+7%inflation adjusted, since 2020
from $31,077 in 2020
US average: $82,259
2020 – 2024
Per capita income
$27,705
−34%since 2020
from $41,837 in 2020
US average: $44,673
Households earning $100K+
25.8%
+4.5 ptssince 2020
from 21.4% in 2020
US average: 53.3%
Poverty rate
29.9%
+14.5 ptssince 2020
from 15.4% in 2020
US average: 12.5%
Income inequality (Gini)
0.508
−4%since 2020
from 0.529 in 2020
US average: 0.476
Workforce by industry, 2024
Wholesale trade21.9%
Information12%
Finance & insurance10.3%
Professional, scientific, technical10.3%
Transportation & warehousing3.3%
Retail trade3%
Other services2.2%
Agriculture, forestry, fishing1.3%
Construction1.3%
Manufacturing0%
Education & health services0%
Arts, entertainment, food0%
Public administration0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$170,800
+59%inflation adjusted, since 2020
from $88,600 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,159
+8%inflation adjusted, since 2020
from $887 in 2020
US average: $1,442
Owner-occupied
34.1%
+0.7 ptssince 2020
from 33.4% in 2020
65.9% rent
Vacancy rate
23.5%
−4.6 ptssince 2020
from 28.0% in 2020
US average: 10.0%
Owner cost-burdened
55.2%
+16.6 ptssince 2020
from 38.6% in 2020
US average: 22.9%
Renter cost-burdened
48.4%
−9.9 ptssince 2020
from 58.3% in 2020
US average: 47.4%
Afford Score
4.3
+49%since 2020
from 2.9 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 504.01 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic70.4%(2,515)
Black14.3%(511)
Hispanic / Latino12.7%(453)
Asian0%(0)
Other2.7%(95)
Diversity Score58.5%(2,089)
2024
White, non-Hispanic64.7%(2,623)
Black9.7%(392)
Hispanic / Latino21.2%(858)
Asian1.2%(47)
Other3.3%(133)
Diversity Score65.7%(2,664)
Diversity Score
66
+12%since 2020
from 58 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
20.0%
+3.5 ptssince 2020
from 16.6% in 2020
US average: 35.6%
High school or higher
82.4%
−5.2 ptssince 2020
from 87.6% in 2020
US average: 89.6%
Graduate degree
10.6%
+5.0 ptssince 2020
from 5.7% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
13.1 min
+1%since 2020
from 13.0 min in 2020
US average: 26.5
Drive alone to work
55.5%
−17.8 ptssince 2020
from 73.3% in 2020
US average: 68.9%
Carpooled to work
17.2%
+12.5 ptssince 2020
from 4.7% in 2020
US average: 8.5%
Public transit
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
18.7%
+9.2 ptssince 2020
from 9.6% in 2020
US average: 15.0%
Walked to work
3.0%
−1.5 ptssince 2020
from 4.5% in 2020
US average: 2.4%
Biked to work
1.4%
−0.9 ptssince 2020
from 2.2% in 2020
US average: 0.4%
No vehicle available
9.0%
−8.1 ptssince 2020
from 17.1% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
7.1%
−5.7 ptssince 2020
from 12.8% in 2020
US average: 5.2%
Labor force participation
56.8%
−4.8 ptssince 2020
from 61.6% in 2020
US average: 63.5%
Self-employed
8.4%
+5.9 ptssince 2020
from 2.4% in 2020
US average: 13.1%
Management & professional
27.5%
−0.8 ptssince 2020
from 28.3% in 2020
US average: 42.5%
Section 08
People & community
Male
52.0%
+3.1 ptssince 2020
from 48.9% in 2020
Female
48.0%
−3.1 ptssince 2020
from 51.1% in 2020
Foreign born
12.7%
+0.1 ptssince 2020
from 12.6% in 2020
US average: 14.1%
Veterans
7.4%
−1.0 ptssince 2020
from 8.4% in 2020
US average: 6.2%
With a disability
21.2%
+6.0 ptssince 2020
from 15.2% in 2020
US average: 13.3%
Uninsured
14.2%
−7.8 ptssince 2020
from 22.0% in 2020
US average: 8.4%
Broadband at home
84.9%
+14.4 ptssince 2020
from 70.5% in 2020
US average: 91.0%
English only at home
74.4%
−11.6 ptssince 2020
from 85.9% in 2020
US average: 77.7%
Spanish at home
13.8%
+3.4 ptssince 2020
from 10.4% in 2020
US average: 13.6%
Drill deeper
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Compare Census Tract 504.01 to nearby tracts
CENSUS TRACT 504.01 VS
Census Tract 504.02
Income$68,075+69%
Home value$351,100+106%
Population2,397−41%
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CENSUS TRACT 504.01 VS
Census Tract 506.01
Income$42,222+5%
Home value$192,300+13%
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CENSUS TRACT 504.01 VS
Census Tract 506.02
Income$79,083+97%
Home value$317,300+86%
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CENSUS TRACT 504.01 VS
Census Tract 501.02
Income$54,464+36%
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Frequently asked
How many people live in this census tract?
this census tract has about 4,053 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 $40,173 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 $170,800, and the typical rent is about $1,159 a month.
How educated are people in this census tract?
About 20.0% 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 29.9% of people in this census tract live below the federal poverty line.
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Containing area
Indian River CountyOther census tracts in Indian River County
Census Tract 508.11Census Tract 506.03Census Tract 509.03Census Tract 508.09Census Tract 507.06Census Tract 506.07Census Tract 506.08Census Tract 506.02Census Tract 508.06Census Tract 501.01Census Tract 508.07Census Tract 507.07Census Tract 509.08Census Tract 507.02Census Tract 509.05Census Tract 508.08DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024