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CENSUS TRACT

Census Tract 506.01

Florida · Lee County · 2,271 residents · 1.601 sq mi
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101.11101.12101.13503.05503.17504.01506.03506.04506.01
TRACT SHAPE · Lee County, FL
The short version

Census Tract 506.01 has lower-than-average household income, with a median household income of $69,940. Population has fallen 20% since 2020, a loss of 566 residents. Median home value has risen by half since 2020, reaching $511,600. With a median age of 60.4, the population is older than the US median of 38.9.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 60.4
US median: 38.9
Average education
31% hold a bachelor's degree
US average: 36%
Less affordable
home values up 42%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
2,271
−20%since 2020
from 2,837 in 2020
2020 – 2024
Population density
1,418 / sq mi
−20%since 2020
from 1,772 / sq mi in 2020
US average: 281
Median age
60.4
+1%since 2020
from 59.7 in 2020
US average: 38.9
Population, 20202024
2K2K3K3K3K20202024Census Tract 506.01
20242K
20202024
Section 02

Income & economy

Median household income
$69,940
−21%inflation adjusted, since 2020
from $72,813 in 2020
US average: $82,259
2020 – 2024
Per capita income
$61,263
+1%since 2020
from $60,490 in 2020
US average: $44,673
Households earning $100K+
49.5%
+2.9 ptssince 2020
from 46.6% in 2020
US average: 53.3%
Poverty rate
11.3%
+5.0 ptssince 2020
from 6.3% in 2020
US average: 12.5%
Income inequality (Gini)
0.516
−1%since 2020
from 0.522 in 2020
US average: 0.476
Workforce by industry, 2024
Wholesale trade17.5%
US avg: 6.9%
Information8.4%
US avg: 10.8%
Other services8.2%
US avg: 6.7%
Transportation & warehousing3.1%
US avg: 2.2%
Arts, entertainment, food2.7%
US avg: 1.9%
Public administration2.5%
US avg: 4.8%
Retail trade0.6%
US avg: 9.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Finance & insurance0%
US avg: 5.9%
Professional, scientific, technical0%
US avg: 5.1%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$511,600
+42%inflation adjusted, since 2020
from $296,500 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,667
+13%inflation adjusted, since 2020
from $1,218 in 2020
US average: $1,442
Owner-occupied
66.3%
−6.0 ptssince 2020
from 72.3% in 2020
33.7% rent
Vacancy rate
46.8%
+5.5 ptssince 2020
from 41.3% in 2020
US average: 10.0%
Owner cost-burdened
32.4%
+11.7 ptssince 2020
from 20.7% in 2020
US average: 22.9%
Renter cost-burdened
56.1%
+10.4 ptssince 2020
from 45.7% in 2020
US average: 47.4%
Afford Score
7.3
+80%since 2020
from 4.1 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 506.01 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic92.4%(2,621)
Black0%(0)
Hispanic / Latino4.5%(129)
Asian0.3%(9)
Other2.7%(78)
Diversity Score18%(509)
2024
White, non-Hispanic91%(2,066)
Black0%(1)
Hispanic / Latino7.3%(166)
Asian0.9%(21)
Other0.7%(17)
Diversity Score20.9%(474)
Diversity Score
21
+16%since 2020
from 18 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
30.6%
−6.9 ptssince 2020
from 37.5% in 2020
US average: 35.6%
High school or higher
97.9%
+1.3 ptssince 2020
from 96.6% in 2020
US average: 89.6%
Graduate degree
8.4%
−5.3 ptssince 2020
from 13.7% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
21.8 min
−1%since 2020
from 22.2 min in 2020
US average: 26.5
Drive alone to work
80.7%
−5.8 ptssince 2020
from 86.5% in 2020
US average: 68.9%
Carpooled to work
0.0%
−5.0 ptssince 2020
from 5.0% in 2020
US average: 8.5%
Public transit
0.1%
+0.1 ptssince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
14.6%
+7.4 ptssince 2020
from 7.2% in 2020
US average: 15.0%
Walked to work
2.9%
+2.9 ptssince 2020
from 0.0% in 2020
US average: 2.4%
Biked to work
1.8%
+1.8 ptssince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
8.7%
+3.4 ptssince 2020
from 5.3% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
8.1%
+1.8 ptssince 2020
from 6.3% in 2020
US average: 5.2%
Labor force participation
53.5%
−1.0 ptssince 2020
from 54.5% in 2020
US average: 63.5%
Self-employed
4.3%
−2.3 ptssince 2020
from 6.6% in 2020
US average: 13.1%
Management & professional
48.4%
+11.5 ptssince 2020
from 36.9% in 2020
US average: 42.5%
Section 08

People & community

Male
53.2%
+5.3 ptssince 2020
from 48.0% in 2020
Female
46.8%
−5.3 ptssince 2020
from 52.0% in 2020
Foreign born
7.6%
−5.3 ptssince 2020
from 12.9% in 2020
US average: 14.1%
Veterans
8.0%
−2.8 ptssince 2020
from 10.7% in 2020
US average: 6.2%
With a disability
18.5%
+7.2 ptssince 2020
from 11.3% in 2020
US average: 13.3%
Uninsured
7.8%
−0.7 ptssince 2020
from 8.5% in 2020
US average: 8.4%
Broadband at home
93.6%
+11.2 ptssince 2020
from 82.4% in 2020
US average: 91.0%
English only at home
92.8%
+1.6 ptssince 2020
from 91.2% in 2020
US average: 77.7%
Spanish at home
6.1%
+3.7 ptssince 2020
from 2.4% 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 2,271 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 $69,940 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 $511,600, and the typical rent is about $1,667 a month.

How educated are people in this census tract?

About 30.6% 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 11.3% 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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