CENSUS TRACT
Census Tract 505
Georgia · Fannin County · 4,253 residents · 153.284 sq mi
TRACT SHAPE · Fannin County, GA
The short version
Census Tract 505 has notably lower household income than the US average, with a median household income of $54,493. Population has declined 12% since 2020. Median home value has more than doubled since 2020, reaching $353,900. With a median age of 61.4, the population is older than the US median of 38.9. The poverty rate of 20.4% is well above the national figure.
At a glance
Lower income
below the US median
US median: $82,259
Older
median age 61.4
US median: 38.9
Average education
31% hold a bachelor's degree
US average: 36%
Less affordable
home values up 60%, inflation adjusted
US median home: $376,019
Section 01
Population & growth
Total population
4,253
−12%since 2020
from 4,845 in 2020
2020 – 2024
Population density
28 / sq mi
−12%since 2020
from 32 / sq mi in 2020
US average: 281
Median age
61.4
+11%since 2020
from 55.2 in 2020
US average: 38.9
Population, 2020 – 2024
20244K
Section 02
Income & economy
Median household income
$54,493
−17%inflation adjusted, since 2020
from $53,864 in 2020
US average: $82,259
2020 – 2024
Per capita income
$46,137
+40%since 2020
from $32,962 in 2020
US average: $44,673
Households earning $100K+
40.6%
+6.7 ptssince 2020
from 34.0% in 2020
US average: 53.3%
Poverty rate
20.4%
+8.0 ptssince 2020
from 12.4% in 2020
US average: 12.5%
Income inequality (Gini)
0.543
+9%since 2020
from 0.496 in 2020
US average: 0.476
Workforce by industry, 2024
Information27.8%
Wholesale trade9.3%
Retail trade9%
Other services8%
Finance & insurance7.1%
Professional, scientific, technical5.9%
Public administration4.3%
Arts, entertainment, food3.1%
Transportation & warehousing1.9%
Education & health services1.3%
Agriculture, forestry, fishing0%
Construction0%
Manufacturing0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$353,900
+60%inflation adjusted, since 2020
from $182,600 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,056
−16%inflation adjusted, since 2020
from $1,033 in 2020
US average: $1,442
Owner-occupied
89.6%
+4.0 ptssince 2020
from 85.5% in 2020
10.4% rent
Vacancy rate
51.9%
+1.4 ptssince 2020
from 50.5% in 2020
US average: 10.0%
Owner cost-burdened
30.4%
+5.4 ptssince 2020
from 25.0% in 2020
US average: 22.9%
Renter cost-burdened
36.5%
+3.5 ptssince 2020
from 33.0% in 2020
US average: 47.4%
Afford Score
6.5
+92%since 2020
from 3.4 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 505 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic93.8%(4,546)
Black0.3%(14)
Hispanic / Latino1%(48)
Asian0.2%(8)
Other4.7%(229)
Diversity Score14.7%(710)
2024
White, non-Hispanic89.5%(3,807)
Black1%(42)
Hispanic / Latino1.6%(67)
Asian2.8%(121)
Other5.1%(216)
Diversity Score24.4%(1,037)
Diversity Score
24
+66%since 2020
from 15 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
31.2%
+6.0 ptssince 2020
from 25.2% in 2020
US average: 35.6%
High school or higher
91.0%
+0.6 ptssince 2020
from 90.4% in 2020
US average: 89.6%
Graduate degree
9.5%
−0.8 ptssince 2020
from 10.2% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
29.9 min
−13%since 2020
from 34.4 min in 2020
US average: 26.5
Drive alone to work
56.2%
−14.8 ptssince 2020
from 71.1% in 2020
US average: 68.9%
Carpooled to work
19.7%
−0.1 ptssince 2020
from 19.8% in 2020
US average: 8.5%
Public transit
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
20.0%
+13.4 ptssince 2020
from 6.6% in 2020
US average: 15.0%
Walked to work
1.4%
+1.4 ptssince 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
6.4%
+1.4 ptssince 2020
from 5.0% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
3.9%
+1.2 ptssince 2020
from 2.7% in 2020
US average: 5.2%
Labor force participation
40.9%
−6.0 ptssince 2020
from 46.9% in 2020
US average: 63.5%
Self-employed
11.0%
−3.9 ptssince 2020
from 15.0% in 2020
US average: 13.1%
Management & professional
29.6%
−10.5 ptssince 2020
from 40.1% in 2020
US average: 42.5%
Section 08
People & community
Male
50.3%
−1.6 ptssince 2020
from 51.9% in 2020
Female
49.7%
+1.6 ptssince 2020
from 48.1% in 2020
Foreign born
4.5%
+3.8 ptssince 2020
from 0.7% in 2020
US average: 14.1%
Veterans
11.3%
−1.0 ptssince 2020
from 12.3% in 2020
US average: 6.2%
With a disability
18.3%
−7.6 ptssince 2020
from 25.9% in 2020
US average: 13.3%
Uninsured
9.4%
−3.5 ptssince 2020
from 12.9% in 2020
US average: 8.4%
Broadband at home
87.2%
+3.8 ptssince 2020
from 83.4% in 2020
US average: 91.0%
English only at home
98.5%
+0.8 ptssince 2020
from 97.8% in 2020
US average: 77.7%
Spanish at home
0.8%
−0.5 ptssince 2020
from 1.3% in 2020
US average: 13.6%
Drill deeper
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Places similar to Census Tract 505Head to head
Compare Census Tract 505 to nearby tracts
CENSUS TRACT 505 VS
Census Tract 2.04
Income$68,056+25%
Home value$297,900−16%
Population4,314+1%
SEE FULL COMPARISON →
CENSUS TRACT 505 VS
Census Tract 504
Income$51,555−5%
Home value$341,300−4%
Population6,979+64%
SEE FULL COMPARISON →
CENSUS TRACT 505 VS
Census Tract 2.01
Income$63,529+17%
Home value$299,800−15%
Population2,854−33%
SEE FULL COMPARISON →
CENSUS TRACT 505 VS
Census Tract 801
Income$79,229+45%
Home value$354,800same
Population4,602+8%
SEE FULL COMPARISON →
Frequently asked
How many people live in this census tract?
this census tract has about 4,253 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 $54,493 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 $353,900, and the typical rent is about $1,056 a month.
How educated are people in this census tract?
About 31.2% 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 20.4% of people in this census tract live below the federal poverty line.
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Containing area
Fannin CountyOther census tracts in Fannin County
Census Tract 502Census Tract 504Census Tract 501Census Tract 503DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024