CENSUS TRACT
Census Tract 702
Indiana · Floyd County · 1,927 residents · 0.623 sq mi
Notable rankings
#158lowest short commute in IN17.3 min#229lowest young in IN31.6 yrs#266lowest low broadband in IN82.9%#320highest high poverty in IN22.1%TRACT SHAPE · Floyd County, IN
The short version
Census Tract 702 has notably lower household income than the US average, with a median household income of $56,875. Population has held roughly steady since 2020. 23% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has risen by half since 2020, reaching $170,000. At a median age of 31.6, residents skew younger than the country as a whole. Households here earn about 29% less than the Floyd County median.
At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 31.6
US median: 38.9
Less educated
23% hold a bachelor's degree
US average: 36%
Less affordable
home values up 37%, inflation adjusted
US median home: $376,019
Section 01
Population & growth
Total population
1,927
Unchangedsince 2020
from 1,926 in 2020
2020 – 2024
Population density
3,093 / sq mi
Unchangedsince 2020
from 3,091 / sq mi in 2020
US average: 281
Median age
31.6
−2%since 2020
from 32.4 in 2020
US average: 38.9
Population, 2020 – 2024
20242K
Section 02
Income & economy
Median household income
$56,875
−2%inflation adjusted, since 2020
from $48,026 in 2020
US average: $82,259
2020 – 2024
Per capita income
$26,622
+40%since 2020
from $19,046 in 2020
US average: $44,673
Households earning $100K+
36.5%
+12.4 ptssince 2020
from 24.1% in 2020
US average: 53.3%
Poverty rate
22.1%
+3.8 ptssince 2020
from 18.2% in 2020
US average: 12.5%
Income inequality (Gini)
0.417
+8%since 2020
from 0.387 in 2020
US average: 0.476
Workforce by industry, 2024
Information33.1%
Retail trade17%
Other services5.1%
Transportation & warehousing4.6%
Public administration4%
Finance & insurance2.8%
Professional, scientific, technical2.8%
Wholesale trade2.7%
Arts, entertainment, food0.5%
Agriculture, forestry, fishing0.1%
Construction0.1%
Manufacturing0%
Education & health services0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$170,000
+37%inflation adjusted, since 2020
from $102,400 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$941
+24%inflation adjusted, since 2020
from $624 in 2020
US average: $1,442
Owner-occupied
42.3%
−19.5 ptssince 2020
from 61.7% in 2020
57.7% rent
Vacancy rate
13.7%
−8.1 ptssince 2020
from 21.9% in 2020
US average: 10.0%
Owner cost-burdened
16.2%
−3.0 ptssince 2020
from 19.2% in 2020
US average: 22.9%
Renter cost-burdened
43.3%
+7.0 ptssince 2020
from 36.3% in 2020
US average: 47.4%
Afford Score
3.0
+40%since 2020
from 2.1 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 702 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic68.6%(1,321)
Black13.6%(262)
Hispanic / Latino12.5%(241)
Asian0%(0)
Other5.3%(102)
Diversity Score61.6%(1,186)
2024
White, non-Hispanic54.1%(1,043)
Black23.1%(445)
Hispanic / Latino17.6%(339)
Asian0%(0)
Other5.2%(100)
Diversity Score77.5%(1,494)
Diversity Score
78
+26%since 2020
from 62 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
22.5%
+4.6 ptssince 2020
from 17.9% in 2020
US average: 35.6%
High school or higher
83.1%
−7.3 ptssince 2020
from 90.4% in 2020
US average: 89.6%
Graduate degree
8.2%
+4.2 ptssince 2020
from 4.0% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
17.3 min
−14%since 2020
from 19.9 min in 2020
US average: 26.5
Drive alone to work
75.5%
−7.9 ptssince 2020
from 83.4% in 2020
US average: 68.9%
Carpooled to work
10.3%
−2.1 ptssince 2020
from 12.4% in 2020
US average: 8.5%
Public transit
0.0%
−1.8 ptssince 2020
from 1.8% in 2020
US average: 3.2%
Worked from home
5.6%
+4.0 ptssince 2020
from 1.5% in 2020
US average: 15.0%
Walked to work
8.7%
+8.7 ptssince 2020
from 0.0% in 2020
US average: 2.4%
Biked to work
0.0%
−0.9 ptssince 2020
from 0.9% in 2020
US average: 0.4%
No vehicle available
11.8%
−2.9 ptssince 2020
from 14.7% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
1.0%
−5.0 ptssince 2020
from 6.0% in 2020
US average: 5.2%
Labor force participation
73.3%
+0.3 ptssince 2020
from 72.9% in 2020
US average: 63.5%
Self-employed
4.5%
−1.4 ptssince 2020
from 5.9% in 2020
US average: 13.1%
Management & professional
30.4%
+7.7 ptssince 2020
from 22.7% in 2020
US average: 42.5%
Section 08
People & community
Male
38.9%
+2.3 ptssince 2020
from 36.6% in 2020
Female
61.1%
−2.3 ptssince 2020
from 63.4% in 2020
Foreign born
4.8%
+4.8 ptssince 2020
from 0.0% in 2020
US average: 14.1%
Veterans
7.8%
+4.8 ptssince 2020
from 3.0% in 2020
US average: 6.2%
With a disability
13.0%
+0.2 ptssince 2020
from 12.8% in 2020
US average: 13.3%
Uninsured
10.6%
+1.2 ptssince 2020
from 9.4% in 2020
US average: 8.4%
Broadband at home
82.9%
+19.9 ptssince 2020
from 63.0% in 2020
US average: 91.0%
English only at home
93.4%
−1.4 ptssince 2020
from 94.8% in 2020
US average: 77.7%
Spanish at home
6.5%
+1.3 ptssince 2020
from 5.2% in 2020
US average: 13.6%
Drill deeper
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Compare Census Tract 702 to nearby tracts
CENSUS TRACT 702 VS
Census Tract 704
Income$53,750−5%
Home value$222,800+31%
Population2,789+45%
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CENSUS TRACT 702 VS
Census Tract 703.02
Income$61,534+8%
Home value$169,300same
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CENSUS TRACT 702 VS
Census Tract 2.01
Income$35,825−37%
Home value$44,800−74%
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CENSUS TRACT 702 VS
Census Tract 705
Income$37,540−34%
Home value$114,300−33%
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Frequently asked
How many people live in this census tract?
this census tract has about 1,927 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 $56,875 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 $170,000, and the typical rent is about $941 a month.
How educated are people in this census tract?
About 22.5% 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 22.1% of people in this census tract live below the federal poverty line.
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Containing area
Floyd CountyOther census tracts in Floyd County
Census Tract 710.03Census Tract 711.01Census Tract 710.05Census Tract 709.01Census Tract 710.07Census Tract 711.03Census Tract 710.04Census Tract 711.04Census Tract 708.02Census Tract 710.06Census Tract 703.01Census Tract 708.01Census Tract 703.02Census Tract 705Census Tract 704Census Tract 707DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024