CENSUS TRACT
Census Tract 506.02
Indiana · Porter County · 5,009 residents · 2.147 sq mi
Notable rankings
#257highest home value in IN$294,700#311highest rent in IN$1,268#355highest per-capita income in IN$44,763#380highest household income in IN$88,571TRACT SHAPE · Porter County, IN
The short version
Census Tract 506.02 has roughly average household income, with a median household income of $88,571. Population has held roughly steady since 2020. Median home value is $294,700.
At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 41.9
US median: 38.9
Average education
36% 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
5,009
+14%since 2020
from 4,409 in 2020
2020 – 2024
Population density
2,333 / sq mi
+14%since 2020
from 2,054 / sq mi in 2020
US average: 281
Median age
41.9
−9%since 2020
from 46.0 in 2020
US average: 38.9
Population, 2020 – 2024
20245K
Section 02
Income & economy
Median household income
$88,571
+17%inflation adjusted, since 2020
from $62,337 in 2020
US average: $82,259
2020 – 2024
Per capita income
$44,763
+24%since 2020
from $35,955 in 2020
US average: $44,673
Households earning $100K+
53.0%
+10.5 ptssince 2020
from 42.5% in 2020
US average: 53.3%
Poverty rate
8.3%
+4.0 ptssince 2020
from 4.3% in 2020
US average: 12.5%
Income inequality (Gini)
0.390
−3%since 2020
from 0.402 in 2020
US average: 0.476
Workforce by industry, 2024
Information12.6%
Retail trade10%
Finance & insurance8.3%
Professional, scientific, technical8.3%
Wholesale trade5.6%
Other services3.9%
Public administration3.1%
Transportation & warehousing1.5%
Agriculture, forestry, fishing0.6%
Construction0.6%
Manufacturing0%
Education & health services0%
Arts, entertainment, food0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$294,700
+19%inflation adjusted, since 2020
from $203,900 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,268
+11%inflation adjusted, since 2020
from $942 in 2020
US average: $1,442
Owner-occupied
75.4%
+3.0 ptssince 2020
from 72.4% in 2020
24.6% rent
Vacancy rate
8.9%
−1.6 ptssince 2020
from 10.6% in 2020
US average: 10.0%
Owner cost-burdened
20.7%
+5.9 ptssince 2020
from 14.8% in 2020
US average: 22.9%
Renter cost-burdened
43.1%
−9.0 ptssince 2020
from 52.1% in 2020
US average: 47.4%
Afford Score
3.3
+2%since 2020
from 3.3 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 506.02 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic87.4%(3,855)
Black5.1%(226)
Hispanic / Latino2.7%(117)
Asian3.1%(138)
Other1.7%(73)
Diversity Score28.9%(1,273)
2024
White, non-Hispanic76.2%(3,819)
Black14.3%(718)
Hispanic / Latino5.2%(262)
Asian0.9%(43)
Other3.3%(167)
Diversity Score49.3%(2,468)
Diversity Score
49
+71%since 2020
from 29 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
35.7%
−4.1 ptssince 2020
from 39.8% in 2020
US average: 35.6%
High school or higher
93.0%
−4.4 ptssince 2020
from 97.5% in 2020
US average: 89.6%
Graduate degree
15.9%
−3.5 ptssince 2020
from 19.5% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
25.1 min
+1%since 2020
from 24.7 min in 2020
US average: 26.5
Drive alone to work
82.8%
−2.4 ptssince 2020
from 85.3% in 2020
US average: 68.9%
Carpooled to work
3.6%
−0.4 ptssince 2020
from 4.0% in 2020
US average: 8.5%
Public transit
0.0%
−1.2 ptssince 2020
from 1.2% in 2020
US average: 3.2%
Worked from home
12.1%
+3.7 ptssince 2020
from 8.4% in 2020
US average: 15.0%
Walked to work
0.8%
+0.5 ptssince 2020
from 0.3% 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
2.8%
+0.1 ptssince 2020
from 2.6% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
2.3%
−0.5 ptssince 2020
from 2.8% in 2020
US average: 5.2%
Labor force participation
66.0%
+2.5 ptssince 2020
from 63.6% in 2020
US average: 63.5%
Self-employed
4.9%
−6.7 ptssince 2020
from 11.7% in 2020
US average: 13.1%
Management & professional
30.2%
−13.5 ptssince 2020
from 43.7% in 2020
US average: 42.5%
Section 08
People & community
Male
50.4%
+0.7 ptssince 2020
from 49.7% in 2020
Female
49.6%
−0.7 ptssince 2020
from 50.3% in 2020
Foreign born
3.5%
−1.4 ptssince 2020
from 5.0% in 2020
US average: 14.1%
Veterans
3.2%
−5.4 ptssince 2020
from 8.5% in 2020
US average: 6.2%
With a disability
11.7%
+1.3 ptssince 2020
from 10.4% in 2020
US average: 13.3%
Uninsured
8.0%
+2.7 ptssince 2020
from 5.3% in 2020
US average: 8.4%
Broadband at home
91.8%
+5.9 ptssince 2020
from 85.9% in 2020
US average: 91.0%
English only at home
96.1%
+0.4 ptssince 2020
from 95.7% in 2020
US average: 77.7%
Spanish at home
2.4%
+0.9 ptssince 2020
from 1.5% in 2020
US average: 13.6%
Drill deeper
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Places similar to Census Tract 506.02Head to head
Compare Census Tract 506.02 to nearby tracts
CENSUS TRACT 506.02 VS
Census Tract 507.06
Income$61,197−31%
Home value$212,700−28%
Population5,082+1%
SEE FULL COMPARISON →
CENSUS TRACT 506.02 VS
Census Tract 507.03
Income$83,983−5%
Home value$254,000−14%
Population3,340−33%
SEE FULL COMPARISON →
CENSUS TRACT 506.02 VS
Census Tract 507.05
Income$68,051−23%
Home value$289,200−2%
Population3,818−24%
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CENSUS TRACT 506.02 VS
Census Tract 506.03
Income$130,792+48%
Home value$439,100+49%
Population4,540−9%
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Frequently asked
How many people live in this census tract?
this census tract has about 5,009 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 $88,571 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 $294,700, and the typical rent is about $1,268 a month.
How educated are people in this census tract?
About 35.7% 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 8.3% of people in this census tract live below the federal poverty line.
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Explore from here
Containing area
Porter CountyOther census tracts in Porter County
Census Tract 502.03Census Tract 505.06Census Tract 505.01Census Tract 505.08Census Tract 511.01Census Tract 502.02Census Tract 501.04Census Tract 510.09Census Tract 507.04Census Tract 510.05Census Tract 507.06Census Tract 501.05Census Tract 505.03Census Tract 506.05Census Tract 505.09Census Tract 506.03DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024