CENSUS TRACT
Census Tract 507.06
Indiana · Clark County · 5,619 residents · 15.845 sq mi
Notable rankings
#60lowest low poverty in IN2.2%#76highest broadband in IN98.3%#116highest rent burden in IN66.1%#117highest household income in IN$117,292TRACT SHAPE · Clark County, IN
The short version
Census Tract 507.06 is significantly wealthier than the US average, with a median household income of $117,292. Population has grown 30% since 2020. Median home value has risen by half since 2020, reaching $345,700. Poverty is rare here, at 2.2% of residents. Households here earn about 58% more than the Clark County median.
At a glance
Wealthier
above the US median
US median: $82,259
Mid-age
median age 39.9
US median: 38.9
More educated
44% 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
5,619
+30%since 2020
from 4,311 in 2020
2020 – 2024
Population density
355 / sq mi
+30%since 2020
from 272 / sq mi in 2020
US average: 281
Median age
39.9
+8%since 2020
from 37.1 in 2020
US average: 38.9
Population, 2020 – 2024
20246K
Section 02
Income & economy
Median household income
$117,292
−6%inflation adjusted, since 2020
from $103,458 in 2020
US average: $82,259
2020 – 2024
Per capita income
$48,960
+33%since 2020
from $36,779 in 2020
US average: $44,673
Households earning $100K+
68.0%
−1.9 ptssince 2020
from 69.9% in 2020
US average: 53.3%
Poverty rate
2.2%
+2.1 ptssince 2020
from 0.0% in 2020
US average: 12.5%
Income inequality (Gini)
0.305
+17%since 2020
from 0.260 in 2020
US average: 0.476
Workforce by industry, 2024
Retail trade15.7%
Other services12.8%
Public administration10.4%
Information6.8%
Finance & insurance5.8%
Professional, scientific, technical5.8%
Wholesale trade2.2%
Transportation & warehousing1.9%
Arts, entertainment, food1.1%
Agriculture, forestry, fishing0%
Construction0%
Manufacturing0%
Education & health services0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$345,700
+25%inflation adjusted, since 2020
from $228,700 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,365
−20%inflation adjusted, since 2020
from $1,400 in 2020
US average: $1,442
Owner-occupied
94.9%
+0.6 ptssince 2020
from 94.3% in 2020
5.1% rent
Vacancy rate
2.0%
−10.4 ptssince 2020
from 12.4% in 2020
US average: 10.0%
Owner cost-burdened
13.4%
Unchangedsince 2020
from 13.4% in 2020
US average: 22.9%
Renter cost-burdened
66.1%
+56.4 ptssince 2020
from 9.6% in 2020
US average: 47.4%
Afford Score
2.9
+33%since 2020
from 2.2 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 507.06 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic81.7%(3,524)
Black6.9%(299)
Hispanic / Latino6.9%(298)
Asian0%(0)
Other4.4%(190)
Diversity Score40%(1,726)
2024
White, non-Hispanic77.4%(4,347)
Black11.9%(670)
Hispanic / Latino3.4%(190)
Asian5%(283)
Other2.3%(129)
Diversity Score47.9%(2,691)
Diversity Score
48
+20%since 2020
from 40 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
44.5%
+4.1 ptssince 2020
from 40.4% in 2020
US average: 35.6%
High school or higher
95.3%
−4.0 ptssince 2020
from 99.3% in 2020
US average: 89.6%
Graduate degree
13.7%
−0.6 ptssince 2020
from 14.3% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
22.0 min
−6%since 2020
from 23.3 min in 2020
US average: 26.5
Drive alone to work
74.3%
−14.4 ptssince 2020
from 88.7% in 2020
US average: 68.9%
Carpooled to work
7.3%
+4.5 ptssince 2020
from 2.9% in 2020
US average: 8.5%
Public transit
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
18.3%
+10.6 ptssince 2020
from 7.7% in 2020
US average: 15.0%
Walked to work
0.0%
−0.7 ptssince 2020
from 0.7% 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
1.4%
+1.4 ptssince 2020
from 0.1% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
3.2%
+0.2 ptssince 2020
from 3.1% in 2020
US average: 5.2%
Labor force participation
76.9%
−1.7 ptssince 2020
from 78.6% in 2020
US average: 63.5%
Self-employed
8.1%
−3.7 ptssince 2020
from 11.7% in 2020
US average: 13.1%
Management & professional
47.5%
+3.8 ptssince 2020
from 43.8% in 2020
US average: 42.5%
Section 08
People & community
Male
48.5%
−0.7 ptssince 2020
from 49.2% in 2020
Female
51.5%
+0.7 ptssince 2020
from 50.8% in 2020
Foreign born
7.9%
+3.1 ptssince 2020
from 4.8% in 2020
US average: 14.1%
Veterans
4.4%
−4.8 ptssince 2020
from 9.2% in 2020
US average: 6.2%
With a disability
8.3%
+2.8 ptssince 2020
from 5.5% in 2020
US average: 13.3%
Uninsured
7.7%
+3.0 ptssince 2020
from 4.7% in 2020
US average: 8.4%
Broadband at home
98.3%
+4.2 ptssince 2020
from 94.1% in 2020
US average: 91.0%
English only at home
93.0%
+2.9 ptssince 2020
from 90.1% in 2020
US average: 77.7%
Spanish at home
2.6%
−2.8 ptssince 2020
from 5.3% in 2020
US average: 13.6%
Drill deeper
Places similar to Census Tract 507.06
Census Tract 21.01
Pop 5,453
Census Tract 422.04
Pop 5,193
Census Tract 108
Pop 5,082
Census Tract 148.12
Pop 4,994
Places similar to Census Tract 507.06Head to head
Compare Census Tract 507.06 to nearby tracts
CENSUS TRACT 507.06 VS
Census Tract 507.05
Income$77,500−34%
Home value$255,000−26%
Population2,476−56%
SEE FULL COMPARISON →
CENSUS TRACT 507.06 VS
Census Tract 507.03
Income$72,269−38%
Home value$221,700−36%
Population6,700+19%
SEE FULL COMPARISON →
CENSUS TRACT 507.06 VS
Census Tract 506.05
Income$71,612−39%
Home value$220,600−36%
Population5,327−5%
SEE FULL COMPARISON →
CENSUS TRACT 507.06 VS
Census Tract 509.03
Income$60,347−49%
Home value$238,500−31%
Population2,530−55%
SEE FULL COMPARISON →
Frequently asked
How many people live in this census tract?
this census tract has about 5,619 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 $117,292 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 $345,700, and the typical rent is about $1,365 a month.
How educated are people in this census tract?
About 44.5% 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 2.2% of people in this census tract live below the federal poverty line.
Keep going
Explore from here
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 506.04Census Tract 508.03Census Tract 505.03Census Tract 509.02Census 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