CENSUS TRACT
Census Tract 507.04
Indiana · Clark County · 7,513 residents · 7.262 sq mi
Notable rankings
#56highest population in IN7,513#178highest rent in IN$1,445#183lowest low poverty in IN3.8%#276highest rent burden in IN57.3%TRACT SHAPE · Clark County, IN
The short version
Census Tract 507.04 has roughly average household income, with a median household income of $80,845. Population has held roughly steady since 2020. Median home value has risen by half since 2020, reaching $263,400. With a median age of 44.0, the population is older than the US median of 38.9. Poverty is rare here, at 3.8% of residents.
At a glance
Average income
near the US median
US median: $82,259
Older
median age 44.0
US median: 38.9
Average education
32% hold a bachelor's degree
US average: 36%
Less affordable
home values up 26%, inflation adjusted
US median home: $376,019
Section 01
Population & growth
Total population
7,513
+13%since 2020
from 6,649 in 2020
2020 – 2024
Population density
1,035 / sq mi
+13%since 2020
from 916 / sq mi in 2020
US average: 281
Median age
44.0
+15%since 2020
from 38.4 in 2020
US average: 38.9
Population, 2020 – 2024
20248K
Section 02
Income & economy
Median household income
$80,845
−14%inflation adjusted, since 2020
from $77,813 in 2020
US average: $82,259
2020 – 2024
Per capita income
$41,649
+26%since 2020
from $33,101 in 2020
US average: $44,673
Households earning $100K+
53.7%
+0.7 ptssince 2020
from 53.0% in 2020
US average: 53.3%
Poverty rate
3.8%
+1.8 ptssince 2020
from 2.0% in 2020
US average: 12.5%
Income inequality (Gini)
0.385
+4%since 2020
from 0.370 in 2020
US average: 0.476
Workforce by industry, 2024
Retail trade16.9%
Information11.7%
Transportation & warehousing4.9%
Other services4.5%
Public administration4.5%
Finance & insurance3.9%
Professional, scientific, technical3.9%
Wholesale trade3.8%
Arts, entertainment, food2.1%
Agriculture, forestry, fishing0%
Construction0%
Manufacturing0%
Education & health services0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$263,400
+26%inflation adjusted, since 2020
from $171,900 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,445
+18%inflation adjusted, since 2020
from $1,012 in 2020
US average: $1,442
Owner-occupied
84.7%
−2.4 ptssince 2020
from 87.2% in 2020
15.3% rent
Vacancy rate
6.0%
−5.4 ptssince 2020
from 11.4% in 2020
US average: 10.0%
Owner cost-burdened
13.6%
−0.8 ptssince 2020
from 14.5% in 2020
US average: 22.9%
Renter cost-burdened
57.3%
+1.5 ptssince 2020
from 55.8% in 2020
US average: 47.4%
Afford Score
3.3
+47%since 2020
from 2.2 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 507.04 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic93.5%(6,215)
Black0.8%(56)
Hispanic / Latino1.4%(94)
Asian3.1%(208)
Other1.1%(76)
Diversity Score15.6%(1,038)
2024
White, non-Hispanic92.1%(6,923)
Black1.2%(89)
Hispanic / Latino2.9%(219)
Asian1.3%(96)
Other2.5%(186)
Diversity Score18.6%(1,400)
Diversity Score
19
+19%since 2020
from 16 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
32.4%
+7.4 ptssince 2020
from 24.9% in 2020
US average: 35.6%
High school or higher
95.1%
+6.0 ptssince 2020
from 89.1% in 2020
US average: 89.6%
Graduate degree
11.4%
+1.7 ptssince 2020
from 9.7% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
20.8 min
−3%since 2020
from 21.5 min in 2020
US average: 26.5
Drive alone to work
81.5%
−5.8 ptssince 2020
from 87.3% in 2020
US average: 68.9%
Carpooled to work
5.4%
+1.4 ptssince 2020
from 4.1% in 2020
US average: 8.5%
Public transit
0.0%
−0.3 ptssince 2020
from 0.3% in 2020
US average: 3.2%
Worked from home
11.4%
+3.5 ptssince 2020
from 7.9% in 2020
US average: 15.0%
Walked to work
1.4%
+1.0 ptssince 2020
from 0.4% 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
5.0%
+4.5 ptssince 2020
from 0.6% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
1.2%
−2.6 ptssince 2020
from 3.8% in 2020
US average: 5.2%
Labor force participation
60.1%
−8.7 ptssince 2020
from 68.8% in 2020
US average: 63.5%
Self-employed
10.0%
+2.7 ptssince 2020
from 7.2% in 2020
US average: 13.1%
Management & professional
41.4%
+5.9 ptssince 2020
from 35.4% in 2020
US average: 42.5%
Section 08
People & community
Male
48.9%
−2.7 ptssince 2020
from 51.7% in 2020
Female
51.1%
+2.7 ptssince 2020
from 48.3% in 2020
Foreign born
2.7%
−1.1 ptssince 2020
from 3.8% in 2020
US average: 14.1%
Veterans
8.0%
−3.6 ptssince 2020
from 11.6% in 2020
US average: 6.2%
With a disability
17.9%
+5.9 ptssince 2020
from 12.0% in 2020
US average: 13.3%
Uninsured
3.9%
+1.5 ptssince 2020
from 2.4% in 2020
US average: 8.4%
Broadband at home
90.6%
+6.2 ptssince 2020
from 84.4% in 2020
US average: 91.0%
English only at home
95.3%
+0.7 ptssince 2020
from 94.7% in 2020
US average: 77.7%
Spanish at home
2.7%
+1.9 ptssince 2020
from 0.8% in 2020
US average: 13.6%
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Compare Census Tract 507.04 to nearby tracts
CENSUS TRACT 507.04 VS
Census Tract 507.03
Income$72,269−11%
Home value$221,700−16%
Population6,700−11%
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CENSUS TRACT 507.04 VS
Census Tract 710.05
Income$125,906+56%
Home value$360,100+37%
Population5,988−20%
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CENSUS TRACT 507.04 VS
Census Tract 710.07
Income$80,845same
Home value$275,200+4%
Population5,312−29%
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CENSUS TRACT 507.04 VS
Census Tract 710.06
Income$78,341−3%
Home value$226,300−14%
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Frequently asked
How many people live in this census tract?
this census tract has about 7,513 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 $80,845 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 $263,400, and the typical rent is about $1,445 a month.
How educated are people in this census tract?
About 32.4% 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 3.8% 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 507.03Census Tract 506.04Census 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