CENSUS TRACT
Census Tract 507.04
Indiana · Porter County · 5,452 residents · 2.657 sq mi
Notable rankings
#160highest home value in IN$338,800#171highest old in IN47.4 yrs#174highest rent in IN$1,460#311highest population in IN5,452TRACT SHAPE · Porter County, IN
The short version
Census Tract 507.04 has roughly average household income, with a median household income of $82,153. Population has held roughly steady since 2020. Median home value has risen by half since 2020, reaching $338,800. With a median age of 47.4, the population is older than the US median of 38.9.
At a glance
Average income
near the US median
US median: $82,259
Older
median age 47.4
US median: 38.9
More educated
39% hold a bachelor's degree
US average: 36%
Less affordable
home values up 35%, inflation adjusted
US median home: $376,019
Section 01
Population & growth
Total population
5,452
−2%since 2020
from 5,555 in 2020
2020 – 2024
Population density
2,052 / sq mi
−2%since 2020
from 2,091 / sq mi in 2020
US average: 281
Median age
47.4
+1%since 2020
from 47.0 in 2020
US average: 38.9
Population, 2020 – 2024
20245K
Section 02
Income & economy
Median household income
$82,153
−22%inflation adjusted, since 2020
from $86,413 in 2020
US average: $82,259
2020 – 2024
Per capita income
$43,638
−14%since 2020
from $50,886 in 2020
US average: $44,673
Households earning $100K+
56.3%
+1.9 ptssince 2020
from 54.4% in 2020
US average: 53.3%
Poverty rate
7.6%
+2.2 ptssince 2020
from 5.4% in 2020
US average: 12.5%
Income inequality (Gini)
0.398
−21%since 2020
from 0.503 in 2020
US average: 0.476
Workforce by industry, 2024
Information15.1%
Retail trade15%
Other services10.7%
Finance & insurance5.9%
Professional, scientific, technical5%
Public administration4.8%
Wholesale trade2.8%
Education & health services0.9%
Arts, entertainment, food0.6%
Agriculture, forestry, fishing0%
Construction0%
Manufacturing0%
Transportation & warehousing0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$338,800
+35%inflation adjusted, since 2020
from $206,300 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,460
+26%inflation adjusted, since 2020
from $955 in 2020
US average: $1,442
Owner-occupied
76.4%
+2.6 ptssince 2020
from 73.8% in 2020
23.6% rent
Vacancy rate
8.2%
+3.6 ptssince 2020
from 4.7% in 2020
US average: 10.0%
Owner cost-burdened
20.4%
+11.3 ptssince 2020
from 9.1% in 2020
US average: 22.9%
Renter cost-burdened
48.9%
+17.9 ptssince 2020
from 31.0% in 2020
US average: 47.4%
Afford Score
4.1
+73%since 2020
from 2.4 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 507.04 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic87.6%(4,867)
Black2.8%(158)
Hispanic / Latino4.1%(229)
Asian3.3%(184)
Other2.1%(117)
Diversity Score28.5%(1,585)
2024
White, non-Hispanic80.8%(4,403)
Black4.8%(262)
Hispanic / Latino3.8%(207)
Asian6.6%(361)
Other4%(219)
Diversity Score42.3%(2,304)
Diversity Score
42
+48%since 2020
from 29 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
39.2%
+5.6 ptssince 2020
from 33.6% in 2020
US average: 35.6%
High school or higher
93.6%
−2.4 ptssince 2020
from 96.0% in 2020
US average: 89.6%
Graduate degree
17.5%
+4.6 ptssince 2020
from 12.9% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
27.3 min
+4%since 2020
from 26.3 min in 2020
US average: 26.5
Drive alone to work
89.3%
+3.3 ptssince 2020
from 86.0% in 2020
US average: 68.9%
Carpooled to work
1.9%
−4.1 ptssince 2020
from 5.9% in 2020
US average: 8.5%
Public transit
1.0%
+1.0 ptssince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
4.3%
−1.8 ptssince 2020
from 6.1% in 2020
US average: 15.0%
Walked to work
0.0%
−1.4 ptssince 2020
from 1.4% in 2020
US average: 2.4%
Biked to work
3.5%
+3.0 ptssince 2020
from 0.5% in 2020
US average: 0.4%
No vehicle available
2.3%
−0.2 ptssince 2020
from 2.5% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
1.5%
+1.4 ptssince 2020
from 0.1% in 2020
US average: 5.2%
Labor force participation
60.8%
+6.1 ptssince 2020
from 54.8% in 2020
US average: 63.5%
Self-employed
9.1%
+3.3 ptssince 2020
from 5.8% in 2020
US average: 13.1%
Management & professional
42.9%
+11.6 ptssince 2020
from 31.3% in 2020
US average: 42.5%
Section 08
People & community
Male
46.1%
−2.8 ptssince 2020
from 48.9% in 2020
Female
53.9%
+2.8 ptssince 2020
from 51.1% in 2020
Foreign born
9.1%
+5.0 ptssince 2020
from 4.1% in 2020
US average: 14.1%
Veterans
3.9%
−2.6 ptssince 2020
from 6.4% in 2020
US average: 6.2%
With a disability
9.7%
−1.6 ptssince 2020
from 11.3% in 2020
US average: 13.3%
Uninsured
6.2%
+2.5 ptssince 2020
from 3.7% in 2020
US average: 8.4%
Broadband at home
94.8%
+8.1 ptssince 2020
from 86.7% in 2020
US average: 91.0%
English only at home
87.7%
−7.4 ptssince 2020
from 95.1% in 2020
US average: 77.7%
Spanish at home
1.1%
−1.4 ptssince 2020
from 2.4% in 2020
US average: 13.6%
Drill deeper
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Compare Census Tract 507.04 to nearby tracts
CENSUS TRACT 507.04 VS
Census Tract 507.03
Income$83,983+2%
Home value$254,000−25%
Population3,340−39%
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CENSUS TRACT 507.04 VS
Census Tract 508.01
Income$53,967−34%
Home value$237,100−30%
Population3,128−43%
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CENSUS TRACT 507.04 VS
Census Tract 506.03
Income$130,792+59%
Home value$439,100+30%
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CENSUS TRACT 507.04 VS
Census Tract 509.01
Income$41,705−49%
Home value$270,000−20%
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Frequently asked
How many people live in this census tract?
this census tract has about 5,452 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 $82,153 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 $338,800, and the typical rent is about $1,460 a month.
How educated are people in this census tract?
About 39.2% 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 7.6% of people in this census tract live below the federal poverty line.
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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 510.05Census Tract 507.06Census Tract 501.05Census Tract 506.02Census Tract 505.03Census Tract 506.05Census Tract 505.09Census Tract 506.03DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024