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CENSUS TRACT

Census Tract 503

New York · Kings County · 2,803 residents · 0.048 sq mi
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15.0115.02212331.0233354171129.01131135157163185.01191193197199207217221227229241247249251255259.02261503
TRACT SHAPE · Kings County, NY
The short version

Census Tract 503 is significantly wealthier than the US average, with a median household income of $173,548. Population has held roughly steady since 2020. 75% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $830,500. At a median age of 33.2, residents skew younger than the country as a whole. Households here earn about 116% more than the Kings County median.

At a glance
Wealthier
above the US median
US median: $82,259
Younger
median age 33.2
US median: 38.9
More educated
75% hold a bachelor's degree
US average: 36%
More affordable
home values down 24%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
2,803
+3%since 2020
from 2,724 in 2020
2020 – 2024
Population density
58,396 / sq mi
+3%since 2020
from 56,750 / sq mi in 2020
US average: 281
Median age
33.2
+7%since 2020
from 31.0 in 2020
US average: 38.9
Population, 20202024
3K3K3K3K3K20202024Census Tract 503
20243K
20202024
Section 02

Income & economy

Median household income
$173,548
+15%inflation adjusted, since 2020
from $124,397 in 2020
US average: $82,259
2020 – 2024
Per capita income
$91,297
+48%since 2020
from $61,727 in 2020
US average: $44,673
Households earning $100K+
84.8%
+16.8 ptssince 2020
from 68.0% in 2020
US average: 53.3%
Poverty rate
6.4%
−3.4 ptssince 2020
from 9.8% in 2020
US average: 12.5%
Income inequality (Gini)
0.364
−5%since 2020
from 0.382 in 2020
US average: 0.476
Workforce by industry, 2024
Arts, entertainment, food11.8%
US avg: 1.9%
Other services9.9%
US avg: 6.7%
Information9.3%
US avg: 10.8%
Public administration8%
US avg: 4.8%
Wholesale trade2.5%
US avg: 6.9%
Finance & insurance2.5%
US avg: 5.9%
Retail trade2.3%
US avg: 9.9%
Professional, scientific, technical1.9%
US avg: 5.1%
Transportation & warehousing1.8%
US avg: 2.2%
Education & health services0.6%
US avg: 0.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$830,500
−24%inflation adjusted, since 2020
from $899,500 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$2,892
−4%inflation adjusted, since 2020
from $2,480 in 2020
US average: $1,442
Owner-occupied
15.7%
−5.2 ptssince 2020
from 20.9% in 2020
84.3% rent
Vacancy rate
9.3%
+4.3 ptssince 2020
from 5.0% in 2020
US average: 10.0%
Owner cost-burdened
40.4%
+16.9 ptssince 2020
from 23.5% in 2020
US average: 22.9%
Renter cost-burdened
19.7%
−16.6 ptssince 2020
from 36.3% in 2020
US average: 47.4%
Afford Score
4.8
−34%since 2020
from 7.2 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 503 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic63.1%(1,718)
Black1.9%(51)
Hispanic / Latino19.9%(542)
Asian5.2%(141)
Other10%(272)
Diversity Score68.7%(1,872)
2024
White, non-Hispanic61.5%(1,723)
Black1.1%(32)
Hispanic / Latino18.4%(516)
Asian14.3%(401)
Other4.7%(131)
Diversity Score70.7%(1,981)
Diversity Score
71
+3%since 2020
from 69 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
74.5%
+7.0 ptssince 2020
from 67.5% in 2020
US average: 35.6%
High school or higher
96.5%
+1.6 ptssince 2020
from 94.9% in 2020
US average: 89.6%
Graduate degree
27.7%
+9.1 ptssince 2020
from 18.5% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
38.2 min
+13%since 2020
from 33.6 min in 2020
US average: 26.5
Drive alone to work
1.8%
−5.6 ptssince 2020
from 7.3% in 2020
US average: 68.9%
Carpooled to work
1.4%
−1.1 ptssince 2020
from 2.5% in 2020
US average: 8.5%
Public transit
49.1%
−14.7 ptssince 2020
from 63.8% in 2020
US average: 3.2%
Worked from home
36.5%
+19.4 ptssince 2020
from 17.0% in 2020
US average: 15.0%
Walked to work
4.7%
+0.5 ptssince 2020
from 4.1% in 2020
US average: 2.4%
Biked to work
5.9%
+3.3 ptssince 2020
from 2.6% in 2020
US average: 0.4%
No vehicle available
77.2%
+10.4 ptssince 2020
from 66.8% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
5.5%
+0.2 ptssince 2020
from 5.3% in 2020
US average: 5.2%
Labor force participation
93.2%
+6.8 ptssince 2020
from 86.4% in 2020
US average: 63.5%
Self-employed
10.3%
−3.7 ptssince 2020
from 14.0% in 2020
US average: 13.1%
Management & professional
69.9%
+6.1 ptssince 2020
from 63.8% in 2020
US average: 42.5%
Section 08

People & community

Male
55.4%
+3.1 ptssince 2020
from 52.3% in 2020
Female
44.6%
−3.1 ptssince 2020
from 47.7% in 2020
Foreign born
20.4%
+1.8 ptssince 2020
from 18.6% in 2020
US average: 14.1%
Veterans
0.0%
−0.7 ptssince 2020
from 0.7% in 2020
US average: 6.2%
With a disability
4.1%
−3.2 ptssince 2020
from 7.3% in 2020
US average: 13.3%
Uninsured
4.0%
−0.9 ptssince 2020
from 4.9% in 2020
US average: 8.4%
Broadband at home
97.1%
+1.1 ptssince 2020
from 96.0% in 2020
US average: 91.0%
English only at home
66.8%
−3.0 ptssince 2020
from 69.9% in 2020
US average: 77.7%
Spanish at home
15.5%
+1.2 ptssince 2020
from 14.3% in 2020
US average: 13.6%
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Frequently asked

How many people live in this census tract?

this census tract has about 2,803 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 $173,548 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 $830,500, and the typical rent is about $2,892 a month.

How educated are people in this census tract?

About 74.5% 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 6.4% of people in this census tract live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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