CENSUS TRACT
Census Tract 503.05
Florida · Lee County · 3,962 residents · 3.846 sq mi
The short version
Census Tract 503.05 is significantly wealthier than the US average, with a median household income of $133,538. Population has held roughly steady since 2020. 56% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $1,024,900. With a median age of 73.9, the population is older than the US median of 38.9. Households here earn about 75% more than the Lee County median.
At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 73.9
US median: 38.9
More educated
56% 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
3,962
+2%since 2020
from 3,885 in 2020
2020 – 2024
Population density
1,030 / sq mi
+2%since 2020
from 1,010 / sq mi in 2020
US average: 281
Median age
73.9
Unchangedsince 2020
from 73.7 in 2020
US average: 38.9
Population, 2020 – 2024
20244K
Section 02
Income & economy
Median household income
$133,538
−24%inflation adjusted, since 2020
from $145,536 in 2020
US average: $82,259
2020 – 2024
Per capita income
$133,438
−3%since 2020
from $137,371 in 2020
US average: $44,673
Households earning $100K+
66.9%
−2.7 ptssince 2020
from 69.6% in 2020
US average: 53.3%
Poverty rate
2.8%
+1.8 ptssince 2020
from 1.0% in 2020
US average: 12.5%
Income inequality (Gini)
0.593
+3%since 2020
from 0.575 in 2020
US average: 0.476
Workforce by industry, 2024
Other services24.3%
Retail trade11.9%
Wholesale trade11.1%
Public administration4.7%
Agriculture, forestry, fishing2.6%
Construction2.6%
Transportation & warehousing2.4%
Information0.7%
Manufacturing0%
Finance & insurance0%
Professional, scientific, technical0%
Education & health services0%
Arts, entertainment, food0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$1,024,900
+22%inflation adjusted, since 2020
from $693,300 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,889
+8%inflation adjusted, since 2020
from $1,439 in 2020
US average: $1,442
Owner-occupied
82.1%
−4.0 ptssince 2020
from 86.0% in 2020
17.9% rent
Vacancy rate
40.6%
−1.4 ptssince 2020
from 41.9% in 2020
US average: 10.0%
Owner cost-burdened
29.3%
+3.7 ptssince 2020
from 25.6% in 2020
US average: 22.9%
Renter cost-burdened
71.9%
−12.7 ptssince 2020
from 84.6% in 2020
US average: 47.4%
Afford Score
7.7
+61%since 2020
from 4.8 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 503.05 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic94%(3,653)
Black0%(0)
Hispanic / Latino2.9%(111)
Asian1.4%(55)
Other1.7%(66)
Diversity Score14.3%(556)
2024
White, non-Hispanic95.4%(3,780)
Black0%(0)
Hispanic / Latino0%(0)
Asian2%(80)
Other2.6%(102)
Diversity Score11.1%(439)
Diversity Score
11
−23%since 2020
from 14 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
55.6%
−13.7 ptssince 2020
from 69.3% in 2020
US average: 35.6%
High school or higher
98.6%
−1.1 ptssince 2020
from 99.7% in 2020
US average: 89.6%
Graduate degree
32.0%
−2.0 ptssince 2020
from 34.1% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
34.3 min
+41%since 2020
from 24.3 min in 2020
US average: 26.5
Drive alone to work
60.6%
−5.5 ptssince 2020
from 66.1% in 2020
US average: 68.9%
Carpooled to work
0.0%
−4.0 ptssince 2020
from 4.0% in 2020
US average: 8.5%
Public transit
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
36.7%
+8.8 ptssince 2020
from 27.9% 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
5.8%
+4.3 ptssince 2020
from 1.5% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
0.0%
−6.1 ptssince 2020
from 6.1% in 2020
US average: 5.2%
Labor force participation
21.3%
+2.1 ptssince 2020
from 19.3% in 2020
US average: 63.5%
Self-employed
6.1%
+3.5 ptssince 2020
from 2.6% in 2020
US average: 13.1%
Management & professional
62.1%
+21.6 ptssince 2020
from 40.6% in 2020
US average: 42.5%
Section 08
People & community
Male
42.1%
−5.2 ptssince 2020
from 47.3% in 2020
Female
57.9%
+5.2 ptssince 2020
from 52.7% in 2020
Foreign born
11.4%
+0.5 ptssince 2020
from 10.9% in 2020
US average: 14.1%
Veterans
11.4%
+0.3 ptssince 2020
from 11.1% in 2020
US average: 6.2%
With a disability
18.6%
+4.0 ptssince 2020
from 14.6% in 2020
US average: 13.3%
Uninsured
4.7%
−1.7 ptssince 2020
from 6.4% in 2020
US average: 8.4%
Broadband at home
84.0%
+0.9 ptssince 2020
from 83.1% in 2020
US average: 91.0%
English only at home
89.9%
−1.3 ptssince 2020
from 91.2% in 2020
US average: 77.7%
Spanish at home
1.2%
−0.8 ptssince 2020
from 2.0% in 2020
US average: 13.6%
Drill deeper
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Compare Census Tract 503.05 to nearby tracts
CENSUS TRACT 503.05 VS
Census Tract 503.22
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Home value$660,700−36%
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CENSUS TRACT 503.05 VS
Census Tract 503.21
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CENSUS TRACT 503.05 VS
Census Tract 503.17
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CENSUS TRACT 503.05 VS
Census Tract 506.01
Income$69,940−48%
Home value$511,600−50%
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Frequently asked
How many people live in this census tract?
this census tract has about 3,962 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 $133,538 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 $1,024,900, and the typical rent is about $1,889 a month.
How educated are people in this census tract?
About 55.6% 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 2.8% of people in this census tract live below the federal poverty line.
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Containing area
Lee CountyOther census tracts in Lee County
Census Tract 104.04Census Tract 102.06Census Tract 403.01Census Tract 103.07Census Tract 104.20Census Tract 503.11Census Tract 102.03Census Tract 103.02Census Tract 401.38Census Tract 104.21Census Tract 103.06Census Tract 403.03Census Tract 401.24Census Tract 101.11Census Tract 402.07Census Tract 504.02DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024