CENSUS TRACT
Census Tract 506.04
Indiana · Clark County · 6,355 residents · 2.62 sq mi
Notable rankings
#149highest population in IN6,355#159highest per-capita income in IN$53,392#187highest broadband in IN96.5%#340highest WFH in IN14.7%TRACT SHAPE · Clark County, IN
The short version
Census Tract 506.04 has roughly average household income, with a median household income of $81,166. Population has held roughly steady since 2020. Median home value is $219,300.
At a glance
Average income
near the US median
US median: $82,259
Older
median age 43.6
US median: 38.9
Average education
31% 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
6,355
−1%since 2020
from 6,413 in 2020
2020 – 2024
Population density
2,426 / sq mi
−1%since 2020
from 2,448 / sq mi in 2020
US average: 281
Median age
43.6
+12%since 2020
from 39.0 in 2020
US average: 38.9
Population, 2020 – 2024
20246K
Section 02
Income & economy
Median household income
$81,166
−6%inflation adjusted, since 2020
from $70,972 in 2020
US average: $82,259
2020 – 2024
Per capita income
$53,392
+64%since 2020
from $32,593 in 2020
US average: $44,673
Households earning $100K+
53.4%
+7.7 ptssince 2020
from 45.7% in 2020
US average: 53.3%
Poverty rate
6.7%
−4.6 ptssince 2020
from 11.3% in 2020
US average: 12.5%
Income inequality (Gini)
0.460
+30%since 2020
from 0.352 in 2020
US average: 0.476
Workforce by industry, 2024
Retail trade18.1%
Other services13.4%
Public administration13.4%
Information9.4%
Finance & insurance7.1%
Professional, scientific, technical7.1%
Wholesale trade5.5%
Arts, entertainment, food1.4%
Transportation & warehousing1.2%
Agriculture, forestry, fishing0%
Construction0%
Manufacturing0%
Education & health services0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$219,300
+22%inflation adjusted, since 2020
from $148,900 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$897
−16%inflation adjusted, since 2020
from $880 in 2020
US average: $1,442
Owner-occupied
84.6%
+0.8 ptssince 2020
from 83.8% in 2020
15.4% rent
Vacancy rate
2.0%
−12.5 ptssince 2020
from 14.5% in 2020
US average: 10.0%
Owner cost-burdened
11.8%
+4.1 ptssince 2020
from 7.7% in 2020
US average: 22.9%
Renter cost-burdened
44.2%
+4.7 ptssince 2020
from 39.5% in 2020
US average: 47.4%
Afford Score
2.7
+29%since 2020
from 2.1 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 506.04 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic82.4%(5,284)
Black6.8%(433)
Hispanic / Latino1.2%(75)
Asian1.6%(102)
Other8.1%(519)
Diversity Score38.7%(2,482)
2024
White, non-Hispanic79.7%(5,065)
Black9.7%(615)
Hispanic / Latino1.9%(121)
Asian2.2%(139)
Other6.5%(415)
Diversity Score43.8%(2,783)
Diversity Score
44
+13%since 2020
from 39 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
31.0%
+6.8 ptssince 2020
from 24.2% in 2020
US average: 35.6%
High school or higher
97.5%
+0.2 ptssince 2020
from 97.3% in 2020
US average: 89.6%
Graduate degree
14.2%
−1.1 ptssince 2020
from 15.3% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
20.8 min
+3%since 2020
from 20.2 min in 2020
US average: 26.5
Drive alone to work
72.4%
−15.9 ptssince 2020
from 88.4% in 2020
US average: 68.9%
Carpooled to work
11.6%
+4.5 ptssince 2020
from 7.2% in 2020
US average: 8.5%
Public transit
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
14.7%
+10.3 ptssince 2020
from 4.4% in 2020
US average: 15.0%
Walked to work
1.1%
+1.1 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
5.5%
+2.0 ptssince 2020
from 3.6% 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
65.1%
+2.0 ptssince 2020
from 63.1% in 2020
US average: 63.5%
Self-employed
10.4%
+1.1 ptssince 2020
from 9.2% in 2020
US average: 13.1%
Management & professional
33.4%
+5.1 ptssince 2020
from 28.2% in 2020
US average: 42.5%
Section 08
People & community
Male
48.9%
−0.9 ptssince 2020
from 49.7% in 2020
Female
51.1%
+0.9 ptssince 2020
from 50.3% in 2020
Foreign born
2.5%
+0.6 ptssince 2020
from 1.9% in 2020
US average: 14.1%
Veterans
5.3%
−2.1 ptssince 2020
from 7.4% in 2020
US average: 6.2%
With a disability
10.3%
−2.2 ptssince 2020
from 12.5% in 2020
US average: 13.3%
Uninsured
7.0%
+3.8 ptssince 2020
from 3.2% in 2020
US average: 8.4%
Broadband at home
96.5%
+11.5 ptssince 2020
from 85.0% in 2020
US average: 91.0%
English only at home
97.2%
−1.3 ptssince 2020
from 98.5% in 2020
US average: 77.7%
Spanish at home
1.6%
+1.6 ptssince 2020
from 0.0% in 2020
US average: 13.6%
Drill deeper
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Places similar to Census Tract 506.04Head to head
Compare Census Tract 506.04 to nearby tracts
CENSUS TRACT 506.04 VS
Census Tract 503.05
Income$76,632−6%
Home value$192,700−12%
Population2,875−55%
SEE FULL COMPARISON →
CENSUS TRACT 506.04 VS
Census Tract 506.03
Income$73,990−9%
Home value$202,300−8%
Population8,562+35%
SEE FULL COMPARISON →
CENSUS TRACT 506.04 VS
Census Tract 503.04
Income$53,242−34%
Home value$209,600−4%
Population5,436−14%
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CENSUS TRACT 506.04 VS
Census Tract 507.05
Income$77,500−5%
Home value$255,000+16%
Population2,476−61%
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Frequently asked
How many people live in this census tract?
this census tract has about 6,355 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 $81,166 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 $219,300, and the typical rent is about $897 a month.
How educated are people in this census tract?
About 31.0% 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 6.7% of people in this census tract live below the federal poverty line.
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Containing area
Clark CountyOther census tracts in Clark County
Census Tract 506.03Census Tract 508.01Census Tract 509.04Census Tract 507.04Census Tract 507.03Census Tract 508.03Census Tract 505.03Census Tract 509.02Census Tract 507.06Census Tract 503.04Census Tract 506.05Census Tract 510Census Tract 504.04Census Tract 506.06Census Tract 508.04Census Tract 502DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024