CENSUS TRACT
Census Tract 509.06
Florida · Indian River County · 2,084 residents · 1.157 sq mi
Notable rankings
#18lowest low home value in FL#679 US$54,200#105highest rent burden in FL#804 US88.0%#167highest old in FL#347 US69.7 yrs#205lowest short commute in FL18.0 minTRACT SHAPE · Indian River County, FL
The short version
Census Tract 509.06 has notably lower household income than the US average, with a median household income of $43,088. Population has fallen 23% since 2020, a loss of 617 residents. 10% 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 $54,200. With a median age of 69.7, the population is older than the US median of 38.9. Households here earn about 41% less than the Indian River County median.
At a glance
Lower income
below the US median
US median: $82,259
Older
median age 69.7
US median: 38.9
Less educated
10% hold a bachelor's degree
US average: 36%
Less affordable
home values up 66%, inflation adjusted
US median home: $376,019
Section 01
Population & growth
Total population
2,084
−23%since 2020
from 2,701 in 2020
2020 – 2024
Population density
1,801 / sq mi
−23%since 2020
from 2,334 / sq mi in 2020
US average: 281
Median age
69.7
+14%since 2020
from 61.4 in 2020
US average: 38.9
Population, 2020 – 2024
20242K
Section 02
Income & economy
Median household income
$43,088
−6%inflation adjusted, since 2020
from $37,770 in 2020
US average: $82,259
2020 – 2024
Per capita income
$31,927
+38%since 2020
from $23,210 in 2020
US average: $44,673
Households earning $100K+
25.0%
+14.8 ptssince 2020
from 10.1% in 2020
US average: 53.3%
Poverty rate
9.7%
−12.6 ptssince 2020
from 22.3% in 2020
US average: 12.5%
Income inequality (Gini)
0.401
+12%since 2020
from 0.359 in 2020
US average: 0.476
Workforce by industry, 2024
Information23.2%
Retail trade10.3%
Other services6.9%
Public administration6.9%
Transportation & warehousing3.6%
Finance & insurance1.3%
Professional, scientific, technical1.3%
Agriculture, forestry, fishing0%
Construction0%
Manufacturing0%
Wholesale trade0%
Education & health services0%
Arts, entertainment, food0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$54,200
+66%inflation adjusted, since 2020
from $27,000 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$961
US average: $1,442
Owner-occupied
86.0%
−12.8 ptssince 2020
from 98.8% in 2020
14.0% rent
Vacancy rate
28.9%
+1.3 ptssince 2020
from 27.5% in 2020
US average: 10.0%
Owner cost-burdened
35.1%
+6.0 ptssince 2020
from 29.1% in 2020
US average: 22.9%
Renter cost-burdened
88.0%
−12.0 ptssince 2020
from 100.0% in 2020
US average: 47.4%
Afford Score
1.3
+76%since 2020
from 0.7 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 509.06 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic86.4%(2,335)
Black0%(0)
Hispanic / Latino13.3%(358)
Asian0%(0)
Other0.3%(8)
Diversity Score29.4%(794)
2024
White, non-Hispanic92.1%(1,919)
Black1%(21)
Hispanic / Latino3.9%(82)
Asian0%(0)
Other3%(62)
Diversity Score18.7%(390)
Diversity Score
19
−36%since 2020
from 29 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
10.0%
−1.9 ptssince 2020
from 11.9% in 2020
US average: 35.6%
High school or higher
94.2%
+3.9 ptssince 2020
from 90.4% in 2020
US average: 89.6%
Graduate degree
4.4%
+1.9 ptssince 2020
from 2.6% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
18.0 min
−55%since 2020
from 40.3 min in 2020
US average: 26.5
Drive alone to work
80.4%
−14.8 ptssince 2020
from 95.2% in 2020
US average: 68.9%
Carpooled to work
3.8%
+3.8 ptssince 2020
from 0.0% in 2020
US average: 8.5%
Public transit
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
11.4%
+6.6 ptssince 2020
from 4.8% in 2020
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2020
from 0.0% 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
2.5%
−2.8 ptssince 2020
from 5.3% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
3.4%
−1.3 ptssince 2020
from 4.7% in 2020
US average: 5.2%
Labor force participation
24.7%
−11.5 ptssince 2020
from 36.2% in 2020
US average: 63.5%
Self-employed
3.6%
+2.7 ptssince 2020
from 0.9% in 2020
US average: 13.1%
Management & professional
27.2%
+12.3 ptssince 2020
from 14.9% in 2020
US average: 42.5%
Section 08
People & community
Male
47.7%
−1.8 ptssince 2020
from 49.5% in 2020
Female
52.3%
+1.8 ptssince 2020
from 50.5% in 2020
Foreign born
4.9%
−1.9 ptssince 2020
from 6.8% in 2020
US average: 14.1%
Veterans
18.3%
−1.1 ptssince 2020
from 19.4% in 2020
US average: 6.2%
With a disability
26.3%
+2.0 ptssince 2020
from 24.3% in 2020
US average: 13.3%
Uninsured
2.0%
−5.8 ptssince 2020
from 7.8% in 2020
US average: 8.4%
Broadband at home
89.2%
+17.8 ptssince 2020
from 71.4% in 2020
US average: 91.0%
English only at home
90.5%
+1.1 ptssince 2020
from 89.4% in 2020
US average: 77.7%
Spanish at home
3.4%
−5.2 ptssince 2020
from 8.6% in 2020
US average: 13.6%
Drill deeper
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Places similar to Census Tract 509.06Head to head
Compare Census Tract 509.06 to nearby tracts
CENSUS TRACT 509.06 VS
Census Tract 507.09
Income$63,775+48%
Home value$52,200−4%
Population1,973−5%
SEE FULL COMPARISON →
CENSUS TRACT 509.06 VS
Census Tract 507.08
Income$62,106+44%
Home value$351,500+549%
Population4,160+100%
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CENSUS TRACT 509.06 VS
Census Tract 509.05
Income$88,500+105%
Home value$309,600+471%
Population4,618+122%
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CENSUS TRACT 509.06 VS
Census Tract 507.04
Income$79,583+85%
Home value$354,500+554%
Population3,855+85%
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Frequently asked
How many people live in this census tract?
this census tract has about 2,084 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 $43,088 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 $54,200, and the typical rent is about $961 a month.
How educated are people in this census tract?
About 10.0% 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 9.7% 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