CENSUS TRACT
Census Tract 206.56
Tennessee · Shelby County · 4,681 residents · 2.101 sq mi
Notable rankings
#25lowest low poverty in TN#1298 US1.1%#205highest household income in TN$106,806#281highest rent in TN$1,633#378highest per-capita income in TN$45,239TRACT SHAPE · Shelby County, TN
The short version
Census Tract 206.56 is wealthier than most US places, with a median household income of $106,806. Population has held roughly steady since 2020. Median home value has risen by half since 2020, reaching $342,000. Poverty is rare here, at 1.1% of residents. Households here earn about 67% more than the Shelby County median.
At a glance
Wealthier
above the US median
US median: $82,259
Mid-age
median age 40.0
US median: 38.9
More educated
40% 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
4,681
+1%since 2020
from 4,624 in 2020
2020 – 2024
Population density
2,228 / sq mi
+1%since 2020
from 2,201 / sq mi in 2020
US average: 281
Median age
40.0
−10%since 2020
from 44.6 in 2020
US average: 38.9
Population, 2020 – 2024
20245K
Section 02
Income & economy
Median household income
$106,806
−3%inflation adjusted, since 2020
from $90,598 in 2020
US average: $82,259
2020 – 2024
Per capita income
$45,239
+8%since 2020
from $42,008 in 2020
US average: $44,673
Households earning $100K+
74.6%
+8.7 ptssince 2020
from 65.9% in 2020
US average: 53.3%
Poverty rate
1.1%
+0.5 ptssince 2020
from 0.7% in 2020
US average: 12.5%
Income inequality (Gini)
0.334
−3%since 2020
from 0.345 in 2020
US average: 0.476
Workforce by industry, 2024
Finance & insurance10.4%
Professional, scientific, technical10.1%
Information9.1%
Retail trade8.8%
Wholesale trade4.1%
Other services3.4%
Public administration3.4%
Transportation & warehousing1.2%
Education & health services0.4%
Arts, entertainment, food0.3%
Agriculture, forestry, fishing0%
Construction0%
Manufacturing0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$342,000
+35%inflation adjusted, since 2020
from $208,500 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,633
+4%inflation adjusted, since 2020
from $1,291 in 2020
US average: $1,442
Owner-occupied
76.4%
+5.6 ptssince 2020
from 70.7% in 2020
23.6% rent
Vacancy rate
1.9%
−2.0 ptssince 2020
from 3.9% in 2020
US average: 10.0%
Owner cost-burdened
17.2%
+8.3 ptssince 2020
from 9.0% in 2020
US average: 22.9%
Renter cost-burdened
36.8%
+9.4 ptssince 2020
from 27.4% in 2020
US average: 47.4%
Afford Score
3.2
+39%since 2020
from 2.3 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 206.56 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic50.4%(2,332)
Black38.5%(1,779)
Hispanic / Latino2.8%(130)
Asian4.2%(194)
Other4.1%(189)
Diversity Score74.2%(3,430)
2024
White, non-Hispanic56%(2,623)
Black32.9%(1,540)
Hispanic / Latino1.4%(64)
Asian7.8%(363)
Other1.9%(91)
Diversity Score71.4%(3,342)
Diversity Score
71
−4%since 2020
from 74 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
40.3%
−1.4 ptssince 2020
from 41.7% in 2020
US average: 35.6%
High school or higher
96.0%
−1.4 ptssince 2020
from 97.4% in 2020
US average: 89.6%
Graduate degree
16.1%
+4.3 ptssince 2020
from 11.8% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
25.1 min
+7%since 2020
from 23.5 min in 2020
US average: 26.5
Drive alone to work
75.7%
−8.8 ptssince 2020
from 84.5% in 2020
US average: 68.9%
Carpooled to work
14.3%
+0.2 ptssince 2020
from 14.1% in 2020
US average: 8.5%
Public transit
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
7.9%
+6.5 ptssince 2020
from 1.5% in 2020
US average: 15.0%
Walked to work
2.1%
+2.1 ptssince 2020
from 0.0% 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
2.7%
−0.2 ptssince 2020
from 2.9% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
2.1%
+1.1 ptssince 2020
from 0.9% in 2020
US average: 5.2%
Labor force participation
78.1%
+8.4 ptssince 2020
from 69.6% in 2020
US average: 63.5%
Self-employed
17.0%
+0.1 ptssince 2020
from 16.9% in 2020
US average: 13.1%
Management & professional
45.6%
−4.7 ptssince 2020
from 50.3% in 2020
US average: 42.5%
Section 08
People & community
Male
51.3%
−0.3 ptssince 2020
from 51.6% in 2020
Female
48.7%
+0.3 ptssince 2020
from 48.4% in 2020
Foreign born
6.0%
−0.2 ptssince 2020
from 6.3% in 2020
US average: 14.1%
Veterans
9.8%
−1.1 ptssince 2020
from 10.9% in 2020
US average: 6.2%
With a disability
11.3%
+0.1 ptssince 2020
from 11.2% in 2020
US average: 13.3%
Uninsured
5.7%
+3.2 ptssince 2020
from 2.5% in 2020
US average: 8.4%
Broadband at home
90.0%
−0.8 ptssince 2020
from 90.8% in 2020
US average: 91.0%
English only at home
89.0%
−0.3 ptssince 2020
from 89.3% in 2020
US average: 77.7%
Spanish at home
1.6%
−0.2 ptssince 2020
from 1.8% in 2020
US average: 13.6%
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Compare Census Tract 206.56 to nearby tracts
CENSUS TRACT 206.56 VS
Census Tract 206.55
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Home value$321,800−6%
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CENSUS TRACT 206.56 VS
Census Tract 206.35
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CENSUS TRACT 206.56 VS
Census Tract 206.57
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CENSUS TRACT 206.56 VS
Census Tract 206.58
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Frequently asked
How many people live in this census tract?
this census tract has about 4,681 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 $106,806 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 $342,000, and the typical rent is about $1,633 a month.
How educated are people in this census tract?
About 40.3% 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 1.1% of people in this census tract live below the federal poverty line.
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Containing area
Shelby CountyOther census tracts in Shelby County
Census Tract 217.45Census Tract 208.36Census Tract 211.24Census Tract 215.41Census Tract 88Census Tract 209.02Census Tract 211.41Census Tract 206.51Census Tract 210.23Census Tract 208.37Census Tract 213.52Census Tract 215.47Census Tract 206.21Census Tract 118Census Tract 108.10Census Tract 227DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024