Census tract · Cook County
Census Tract 506, Cook County, Illinois
Census Tract 506, GEOID 17031050600, in Cook County, Illinois, entirely within Chicago. 2,375 residents in the ACS 2020-2024 5-year estimates (±291); the 2020 Census counted 2,443.
Residents, 2020-2024
2,375
±291 (90% margin)
2020 Census count: 2,443
Median household income
$137,083
±$57,214 (90% margin)
Cook County: $83,498
Median home value
$450,500
±$66,734 (90% margin)
Cook County: $324,500
Median gross rent
$1,980
±$265 (90% margin)
Cook County: $1,435
Where is Census Tract 506?
Census Tract 506 is one of 1,332 census tracts in Cook County, Illinois. It covers 0.13 square miles of land, 19,086 residents per square mile in 2020. Its GEOID, 17031050600, names it uniquely (how tract numbers and GEOIDs work).
| Place | Share of the tract |
|---|---|
| Chicago | 100% |
4 census tracts border Census Tract 506: Tract 501 ($116,438), Tract 505 ($141,563), Tract 507 ($135,653) and Tract 603 ($173,125). The figure in brackets is each tract's median household income.
Whether a tract counts as low- or moderate-income for bank lending (the Community Reinvestment Act) is set by the FFIEC against its metro area's family income: look it up in the FFIEC census geocoder.
Source: 2024 Gazetteer and 2020 block assignment files, U.S. Census Bureau · Census reference files
How many people live in Census Tract 506?
The 2020-2024 American Community Survey puts Census Tract 506's population at 2,375 (±291) in 1,198 households; the 2020 Census counted 2,443 residents and 1,212 housing units.
| Measure | Tract 506 | Chicago |
|---|---|---|
| Total population | 2,375±291 | 2,711,226 |
| Households | 1,198±156 | 1,160,205 |
| Average household size | 1.98±0.20 | 2.29 |
| Housing units | 1,274±139 | 1,277,054 |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026); 2020 Census P.L. 94-171 · Check it at data.census.gov
Who lives in Census Tract 506?
The median resident of Census Tract 506 is 35.7 years old; 16.2% are under 18 and 6.4% are 65 or older. The largest group is non-Hispanic white residents at 78.9%, then non-Hispanic residents of two or more races at 6.7%. 12.2% of residents were born outside the United States.
| Measure | Tract 506 | Chicago |
|---|---|---|
| Median age | 35.7±2.7 | 35.8 |
| Under 18 years | 16.2%±4.0 pts | 19.4% |
| 65 years and over | 6.4%±4.0 pts | 13.8% |
| Hispanic or Latino (any race) | 6.4%±5.3 pts | 29.7% |
| White alone, not Hispanic | 78.9%±8.1 pts | 32.1% |
| Black or African American alone, not Hispanic | 1.0%±1.5 pts | 27.4% |
| Asian alone, not Hispanic | 6.6%±2.8 pts | 7.2% |
| American Indian and Alaska Native alone, not Hispanic | 0.0%±1.6 pts | 0.1% |
| Native Hawaiian and Other Pacific Islander alone, not Hispanic | 0.0%±1.6 pts | 0.0% |
| Two or more races, not Hispanic | 6.7%±3.4 pts | 3.0% |
| Some other race alone, not Hispanic | 0.5%±0.7 pts | 0.4% |
| Born outside the United States | 12.2%±6.2 pts | 20.9% |
| Speak a language other than English at home (age 5+) | 10.7%±6.4 pts | 35.4% |
| Civilian veterans (age 18+) | 0.5%±0.7 pts | 2.8% |
| With a disability | 8.0%±3.5 pts | 12.1% |
| No health insurance coverage | 5.8%±3.6 pts | 9.8% |
| High school graduate or higher (age 25+) | 99.2%±1.3 pts | 87.2% |
| Bachelor's degree or higher (age 25+) | 82.8%±6.8 pts | 44.3% |
| Graduate or professional degree (age 25+) | 28.6%±7.2 pts | 19.0% |
| Lived in the same house a year earlier | 86.1%±6.8 pts | 86.0% |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profiles DP02, DP05) · Check it at data.census.gov
What do households in Census Tract 506 earn?
Half of the 1,198 households in Census Tract 506 earn less than $137,083 a year (±$57,214), against $83,498 across Cook County: 163rd highest of the county's 1,258 tracts with a reliable estimate.
| Measure | Tract 506 | Chicago |
|---|---|---|
| Median household income | $137,083±$57,214 | $77,902 |
| Mean household income | $190,170±$27,357 | $116,016 |
| Per capita income | $96,473±$13,144 | $50,086 |
| People below the poverty line | 5.5%±4.1 pts | 16.8% |
| Children under 18 below the poverty line | 0.0%±9.5 pts | 23.6% |
| Households receiving SNAP | 1.8%±1.8 pts | 18.9% |
| Households with a computer | 96.5%±3.8 pts | 94.9% |
| Households with a broadband subscription | 96.2%±3.9 pts | 89.1% |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP03) · Check it at data.census.gov
What does housing cost in Census Tract 506?
Owners occupy 50.6% of Census Tract 506's occupied homes and renters 49.4%. The median owner-occupied home is valued at $450,500 by its owner (±$66,734). The median renter pays $1,980 a month including utilities, and 16.1% of renters pay 35% or more of their income on rent.
| Measure | Tract 506 | Chicago |
|---|---|---|
| Median home value (owner-occupied) | $450,500±$66,734 | $334,100 |
| Median gross rent | $1,980±$265 | $1,440 |
| Renters paying 35% or more of income on rent | 16.1%±8.6 pts | 39.3% |
| Median monthly owner costs, with a mortgage | $2,890±$139 | $2,339 |
| Owner-occupied homes | 50.6%±9.7 pts | 46.0% |
| Renter-occupied homes | 49.4%±9.7 pts | 54.0% |
| Housing units | 1,274±139 | 1,277,054 |
| Single-family detached homes | 9.7%±4.0 pts | 25.6% |
| Mobile homes | 0.0%±2.9 pts | 0.2% |
| Built 2020 or later | 1.0%±1.4 pts | 0.8% |
| Built 2010 to 2019 | 10.7%±5.3 pts | 5.5% |
| Built 1939 or earlier | 61.5%±9.9 pts | 38.8% |
| Households with no vehicle | 13.1%±6.1 pts | 26.6% |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP04) · Check it at data.census.gov
How do people in Census Tract 506 get to work?
23.1% of Census Tract 506's workers drive alone and 40.5% work from home. The average trip to work takes 35.0 minutes.
| Measure | Tract 506 | Chicago |
|---|---|---|
| In the labor force (age 16+) | 88.6%±5.0 pts | 67.6% |
| Unemployment rate | 5.6%±5.5 pts | 8.0% |
| Drove alone to work | 23.1%±5.1 pts | 44.7% |
| Carpooled | 3.1%±3.9 pts | 7.3% |
| Public transportation | 20.1%±6.7 pts | 17.7% |
| Walked | 5.6%±3.2 pts | 5.8% |
| Worked from home | 40.5%±8.3 pts | 21.0% |
| Mean travel time to work | 35.0 min±4.4 | 33.1 min |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP03) · Check it at data.census.gov
How does Census Tract 506 compare with the other tracts in Cook County?
Among Cook County's tracts with a reliable estimate, Census Tract 506 ranks as shown below (1 = highest).
| Measure | In Cook County | In Chicago |
|---|---|---|
| Population | 1,031st of 1,328 | 522nd of 789 |
| Residents per square mile | 339th of 1,331 | 325th of 792 |
| Median household income | 163rd of 1,258 | 81st of 725 |
| Per capita income | 108th of 1,325 | 80th of 786 |
| Median home value | 285th of 1,279 | 187th of 749 |
| Median gross rent | 188th of 1,254 | 98th of 758 |
| Bachelor's degree or higher | 109th of 1,264 | 86th of 736 |
| Median age | 851st of 1,327 | 409th of 788 |
| Owner-occupied share | 775th of 1,300 | 311th of 762 |
The tracts next to it on Cook County's income ladder
| Tract | Rank | Median household income |
|---|---|---|
| Tract 8324 | 160th | $137,883±$17,004 · within the margin of this tract |
| Tract 8053.01 | 161st | $137,614±$75,939 · within the margin of this tract |
| Tract 2420 | 162nd | $137,333±$32,876 · within the margin of this tract |
| Tract 506 | 163rd | $137,083±$57,214 |
| Tract 8420 | 164th | $136,667±$54,018 · within the margin of this tract |
| Tract 507 | 165th | $135,653±$19,820 · within the margin of this tract |
| Tract 8057.02 | 166th | $135,417±$38,133 · within the margin of this tract |
"Within the margin": the two incomes differ by less than their combined 90% margins, so the survey cannot say which is higher and the ranks between them are not firm.
Source: PlainCities ranks computed from the American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) · How ranks are computed
How reliable are the figures for Census Tract 506?
3 of the 18 figures for Census Tract 506 on this page carry a coefficient of variation over 40% and are marked with a ring: they come from a small sample, so read them as rough.
A census tract's figures rest on a few hundred sampled households over five years, so its margins are wider than a city's. Two tracts differ only when the gap between them is larger than their combined 90% margin (the square root of the sum of the two squared margins). How to read a margin of error.
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026): margins of error as published · Check it at data.census.gov
How these figures are made: methodology and release checks · reading a margin of error · every state · corrections