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CENSUS TRACT

Census Tract 703

Tennessee · Jefferson County · 6,935 residents · 12.924 sq mi
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703
TRACT SHAPE · Jefferson County, TN
The short version

Census Tract 703 has notably lower household income than the US average, with a median household income of $61,102. Population has held roughly steady since 2020. Median home value has more than doubled since 2020, reaching $241,000. At a median age of 32.9, residents skew younger than the country as a whole. The poverty rate of 20.1% is well above the national figure.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 32.9
US median: 38.9
Less educated
26% hold a bachelor's degree
US average: 36%
Less affordable
home values up 49%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
6,935
+2%since 2020
from 6,779 in 2020
2020 – 2024
Population density
537 / sq mi
+2%since 2020
from 525 / sq mi in 2020
US average: 281
Median age
32.9
+6%since 2020
from 31.0 in 2020
US average: 38.9
Population, 20202024
7K7K7K7K7K20202024Census Tract 703
20247K
20202024
Section 02

Income & economy

Median household income
$61,102
+16%inflation adjusted, since 2020
from $43,383 in 2020
US average: $82,259
2020 – 2024
Per capita income
$35,138
+84%since 2020
from $19,107 in 2020
US average: $44,673
Households earning $100K+
42.1%
+16.8 ptssince 2020
from 25.3% in 2020
US average: 53.3%
Poverty rate
20.1%
−2.2 ptssince 2020
from 22.3% in 2020
US average: 12.5%
Income inequality (Gini)
0.503
+18%since 2020
from 0.427 in 2020
US average: 0.476
Workforce by industry, 2024
Information21.1%
US avg: 10.8%
Retail trade17%
US avg: 9.9%
Wholesale trade5.5%
US avg: 6.9%
Finance & insurance4.7%
US avg: 5.9%
Professional, scientific, technical4.7%
US avg: 5.1%
Transportation & warehousing2.7%
US avg: 2.2%
Other services2.5%
US avg: 6.7%
Public administration2%
US avg: 4.8%
Arts, entertainment, food1%
US avg: 1.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$241,000
+49%inflation adjusted, since 2020
from $133,800 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$893
+14%inflation adjusted, since 2020
from $648 in 2020
US average: $1,442
Owner-occupied
50.0%
−2.2 ptssince 2020
from 52.2% in 2020
50.0% rent
Vacancy rate
10.5%
−7.7 ptssince 2020
from 18.2% in 2020
US average: 10.0%
Owner cost-burdened
19.4%
−0.1 ptssince 2020
from 19.5% in 2020
US average: 22.9%
Renter cost-burdened
44.4%
+3.5 ptssince 2020
from 41.0% in 2020
US average: 47.4%
Afford Score
3.9
+28%since 2020
from 3.1 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 703 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic84.2%(5,706)
Black5.4%(367)
Hispanic / Latino9.7%(657)
Asian0.3%(22)
Other0.4%(27)
Diversity Score34.9%(2,366)
2024
White, non-Hispanic91.5%(6,348)
Black3.2%(225)
Hispanic / Latino2.7%(187)
Asian0.2%(11)
Other2.4%(164)
Diversity Score20%(1,385)
Diversity Score
20
−43%since 2020
from 35 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
26.2%
+3.5 ptssince 2020
from 22.6% in 2020
US average: 35.6%
High school or higher
91.2%
+6.6 ptssince 2020
from 84.5% in 2020
US average: 89.6%
Graduate degree
8.1%
+2.5 ptssince 2020
from 5.6% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
24.9 min
+24%since 2020
from 20.1 min in 2020
US average: 26.5
Drive alone to work
86.8%
+9.4 ptssince 2020
from 77.5% in 2020
US average: 68.9%
Carpooled to work
5.5%
−4.2 ptssince 2020
from 9.7% in 2020
US average: 8.5%
Public transit
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
4.9%
−0.9 ptssince 2020
from 5.8% in 2020
US average: 15.0%
Walked to work
2.8%
−4.3 ptssince 2020
from 7.1% 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
4.4%
+1.7 ptssince 2020
from 2.8% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
7.5%
+0.4 ptssince 2020
from 7.0% in 2020
US average: 5.2%
Labor force participation
68.4%
+13.3 ptssince 2020
from 55.2% in 2020
US average: 63.5%
Self-employed
13.7%
−0.8 ptssince 2020
from 14.5% in 2020
US average: 13.1%
Management & professional
34.9%
+4.0 ptssince 2020
from 30.9% in 2020
US average: 42.5%
Section 08

People & community

Male
46.6%
+0.5 ptssince 2020
from 46.1% in 2020
Female
53.4%
−0.5 ptssince 2020
from 53.9% in 2020
Foreign born
1.6%
−2.8 ptssince 2020
from 4.4% in 2020
US average: 14.1%
Veterans
5.1%
−1.4 ptssince 2020
from 6.5% in 2020
US average: 6.2%
With a disability
16.6%
−4.8 ptssince 2020
from 21.4% in 2020
US average: 13.3%
Uninsured
12.2%
+2.1 ptssince 2020
from 10.1% in 2020
US average: 8.4%
Broadband at home
93.5%
+15.5 ptssince 2020
from 78.0% in 2020
US average: 91.0%
English only at home
97.0%
+7.0 ptssince 2020
from 90.0% in 2020
US average: 77.7%
Spanish at home
2.8%
−6.2 ptssince 2020
from 9.0% 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 6,935 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 $61,102 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 $241,000, and the typical rent is about $893 a month.

How educated are people in this census tract?

About 26.2% 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 20.1% 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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