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CENSUS TRACT

Census Tract 2005.03

Virginia · Henrico County · 4,766 residents · 2.264 sq mi
Compare
2003.022003.032003.052004.042004.112004.132004.162004.182005.0220062008.012009.052009.062009.082005.03
TRACT SHAPE · Henrico County, VA
The short version

Census Tract 2005.03 is wealthier than most US places, with a median household income of $96,441. Population has held roughly steady since 2020. Median home value is $276,500.

At a glance
Wealthier
above the US median
US median: $82,259
Younger
median age 36.8
US median: 38.9
Less educated
26% 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
4,766
+3%since 2020
from 4,624 in 2020
2020 – 2024
Population density
2,105 / sq mi
+3%since 2020
from 2,042 / sq mi in 2020
US average: 281
Median age
36.8
+3%since 2020
from 35.7 in 2020
US average: 38.9
Population, 20202024
5K5K5K5K5K20202024Census Tract 2005.03
20245K
20202024
Section 02

Income & economy

Median household income
$96,441
+13%inflation adjusted, since 2020
from $70,375 in 2020
US average: $82,259
2020 – 2024
Per capita income
$38,789
+27%since 2020
from $30,445 in 2020
US average: $44,673
Households earning $100K+
58.5%
+10.8 ptssince 2020
from 47.7% in 2020
US average: 53.3%
Poverty rate
10.8%
+1.7 ptssince 2020
from 9.1% in 2020
US average: 12.5%
Income inequality (Gini)
0.367
+1%since 2020
from 0.364 in 2020
US average: 0.476
Workforce by industry, 2024
Wholesale trade12.9%
US avg: 6.9%
Information9%
US avg: 10.8%
Other services7.8%
US avg: 6.7%
Public administration6%
US avg: 4.8%
Finance & insurance4.8%
US avg: 5.9%
Professional, scientific, technical4.4%
US avg: 5.1%
Arts, entertainment, food3.3%
US avg: 1.9%
Retail trade3.2%
US avg: 9.9%
Transportation & warehousing2.5%
US avg: 2.2%
Agriculture, forestry, fishing2.2%
US avg: 1.6%
Construction2.2%
US avg: 1.2%
Education & health services0.4%
US avg: 0.9%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$276,500
+9%inflation adjusted, since 2020
from $210,200 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,465
−1%inflation adjusted, since 2020
from $1,218 in 2020
US average: $1,442
Owner-occupied
73.7%
+2.2 ptssince 2020
from 71.5% in 2020
26.3% rent
Vacancy rate
3.7%
−0.8 ptssince 2020
from 4.5% in 2020
US average: 10.0%
Owner cost-burdened
17.8%
+1.2 ptssince 2020
from 16.6% in 2020
US average: 22.9%
Renter cost-burdened
32.4%
−15.7 ptssince 2020
from 48.1% in 2020
US average: 47.4%
Afford Score
2.9
−4%since 2020
from 3.0 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 2005.03 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic56.8%(2,628)
Black25.6%(1,184)
Hispanic / Latino5.4%(250)
Asian4.1%(188)
Other8.1%(374)
Diversity Score75%(3,470)
2024
White, non-Hispanic46.5%(2,217)
Black24%(1,146)
Hispanic / Latino18.1%(861)
Asian4.7%(222)
Other6.7%(320)
Diversity Score85.8%(4,090)
Diversity Score
86
+14%since 2020
from 75 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
26.4%
+0.3 ptssince 2020
from 26.1% in 2020
US average: 35.6%
High school or higher
87.7%
+0.7 ptssince 2020
from 87.1% in 2020
US average: 89.6%
Graduate degree
11.2%
+0.4 ptssince 2020
from 10.9% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
18.8 min
−2%since 2020
from 19.1 min in 2020
US average: 26.5
Drive alone to work
62.5%
−13.9 ptssince 2020
from 76.4% in 2020
US average: 68.9%
Carpooled to work
16.0%
+2.5 ptssince 2020
from 13.5% in 2020
US average: 8.5%
Public transit
0.0%
−0.9 ptssince 2020
from 0.9% in 2020
US average: 3.2%
Worked from home
16.0%
+9.9 ptssince 2020
from 6.1% in 2020
US average: 15.0%
Walked to work
1.1%
+1.0 ptssince 2020
from 0.1% in 2020
US average: 2.4%
Biked to work
0.4%
+0.4 ptssince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
5.7%
−1.2 ptssince 2020
from 7.0% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
1.3%
−1.0 ptssince 2020
from 2.3% in 2020
US average: 5.2%
Labor force participation
66.0%
+0.4 ptssince 2020
from 65.5% in 2020
US average: 63.5%
Self-employed
12.9%
+0.5 ptssince 2020
from 12.3% in 2020
US average: 13.1%
Management & professional
42.5%
+4.8 ptssince 2020
from 37.7% in 2020
US average: 42.5%
Section 08

People & community

Male
48.5%
+2.5 ptssince 2020
from 46.0% in 2020
Female
51.5%
−2.5 ptssince 2020
from 54.0% in 2020
Foreign born
12.3%
+6.4 ptssince 2020
from 5.9% in 2020
US average: 14.1%
Veterans
3.3%
−4.8 ptssince 2020
from 8.1% in 2020
US average: 6.2%
With a disability
8.2%
−4.4 ptssince 2020
from 12.6% in 2020
US average: 13.3%
Uninsured
9.6%
+2.8 ptssince 2020
from 6.8% in 2020
US average: 8.4%
Broadband at home
90.7%
+0.8 ptssince 2020
from 89.9% in 2020
US average: 91.0%
English only at home
75.4%
−16.6 ptssince 2020
from 92.0% in 2020
US average: 77.7%
Spanish at home
15.9%
+12.0 ptssince 2020
from 3.9% 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 4,766 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 $96,441 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 $276,500, and the typical rent is about $1,465 a month.

How educated are people in this census tract?

About 26.4% 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 10.8% 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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