Census tract · Williamson County
Census Tract 506.01, Williamson County, Tennessee
Census Tract 506.01, GEOID 47187050601, in Williamson County, Tennessee, mostly within Franklin (81% of its census blocks). 6,155 residents in the ACS 2020-2024 5-year estimates (±1,163); the 2020 Census counted 5,903.
Residents, 2020-2024
6,155
±1,163 (90% margin)
2020 Census count: 5,903
Median household income
$99,858
±$41,169 (90% margin)
Williamson County: $135,594
Median home value
$751,900
±$129,454 (90% margin)
Williamson County: $751,900
Median gross rent
$1,775
±$134 (90% margin)
Williamson County: $1,969
Where is Census Tract 506.01?
Census Tract 506.01 is one of 46 census tracts in Williamson County, Tennessee. It covers 7.68 square miles of land, 768 residents per square mile in 2020. Its GEOID, 47187050601, names it uniquely (how tract numbers and GEOIDs work).
| Place | Share of the tract |
|---|---|
| Franklin | 81% |
9 census tracts border Census Tract 506.01: Tract 504.05 ($222,784), Tract 504.06 ($186,250), Tract 505.02 ($91,786), Tract 506.03 ($99,028), Tract 506.04 ($143,888), Tract 507.01 ($124,583), Tract 507.02 ($112,214), Tract 508.01 and Tract 508.02 ($90,341). 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 506.01?
The 2020-2024 American Community Survey puts Census Tract 506.01's population at 6,155 (±1,163) in 2,334 households; the 2020 Census counted 5,903 residents and 2,403 housing units.
| Measure | Tract 506.01 | Franklin |
|---|---|---|
| Total population | 6,155 ±1,163 | 87,133 |
| Households | 2,334 ±301 | 33,998 |
| Average household size | 2.63 ±0.31 | 2.54 |
| Housing units | 2,515 ±305 | 36,239 |
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 506.01?
The median resident of Census Tract 506.01 is 42.3 years old; 23.5% are under 18 and 14.2% are 65 or older. The largest group is non-Hispanic white residents at 79.7%, then Hispanic or Latino residents (of any race) at 8.6%. 12.4% of residents were born outside the United States.
| Measure | Tract 506.01 | Franklin |
|---|---|---|
| Median age | 42.3 ±6.6 | 38.6 |
| Under 18 years | 23.5% ±6.8 pts | 23.4% |
| 65 years and over | 14.2% ±5.2 pts | 14.7% |
| Hispanic or Latino (any race) | 8.6% ±5.6 pts | 8.1% |
| White alone, not Hispanic | 79.7% ±8.9 pts | 74.4% |
| Black or African American alone, not Hispanic | 3.1% ±3.5 pts | 5.3% |
| Asian alone, not Hispanic | 6.6% ±5.5 pts | 8.2% |
| American Indian and Alaska Native alone, not Hispanic | 0.0% ±0.7 pts | 0.1% |
| Native Hawaiian and Other Pacific Islander alone, not Hispanic | 0.0% ±0.7 pts | 0.0% |
| Two or more races, not Hispanic | 1.6% ±1.4 pts | 3.6% |
| Some other race alone, not Hispanic | 0.5% ±0.8 pts | 0.5% |
| Born outside the United States | 12.4% ±7.0 pts | 11.9% |
| Speak a language other than English at home (age 5+) | 15.0% ±7.8 pts | 14.1% |
| Civilian veterans (age 18+) | 4.6% ±2.8 pts | 4.6% |
| With a disability | 18.2% ±4.5 pts | 8.0% |
| No health insurance coverage | 2.7% ±2.4 pts | 4.7% |
| High school graduate or higher (age 25+) | 96.7% ±2.3 pts | 95.5% |
| Bachelor's degree or higher (age 25+) | 59.9% ±7.8 pts | 64.5% |
| Graduate or professional degree (age 25+) | 18.9% ±5.4 pts | 24.8% |
| Lived in the same house a year earlier | 87.6% ±5.8 pts | 84.6% |
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 506.01 earn?
Half of the 2,334 households in Census Tract 506.01 earn less than $99,858 a year (±$41,169), against $135,594 across Williamson County: 36th highest of the county's 45 tracts with a reliable estimate. 3.5% of residents live below the poverty line.
| Measure | Tract 506.01 | Franklin |
|---|---|---|
| Median household income | $99,858 ±$41,169 | $119,528 |
| Mean household income | $172,883 ±$37,720 | $155,399 |
| Per capita income | $67,067 ±$11,651 | $61,761 |
| People below the poverty line | 3.5% ±1.9 pts | 4.6% |
| Children under 18 below the poverty line | 0.0% ±3.1 pts | 3.6% |
| Households receiving SNAP | 3.3% ±2.8 pts | 2.3% |
| Households with a computer | 95.2% ±3.5 pts | 98.8% |
| Households with a broadband subscription | 85.7% ±6.4 pts | 96.0% |
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 506.01?
Owners occupy 56.3% of Census Tract 506.01's occupied homes and renters 43.7%. The median owner-occupied home is valued at $751,900 by its owner (±$129,454). The median renter pays $1,775 a month including utilities, and 41.2% of renters pay 35% or more of their income on rent.
| Measure | Tract 506.01 | Franklin |
|---|---|---|
| Median home value (owner-occupied) | $751,900 ±$129,454 | $705,400 |
| Median gross rent | $1,775 ±$134 | $1,923 |
| Renters paying 35% or more of income on rent | 41.2% ±16.6 pts | 36.8% |
| Median monthly owner costs, with a mortgage | $2,581 ±$611 | $2,542 |
| Owner-occupied homes | 56.3% ±10.5 pts | 63.8% |
| Renter-occupied homes | 43.7% ±10.5 pts | 36.2% |
| Housing units | 2,515 ±305 | 36,239 |
| Single-family detached homes | 55.9% ±10.1 pts | 58.0% |
| Mobile homes | 0.0% ±1.8 pts | 0.9% |
| Built 2020 or later | 0.0% ±1.8 pts | 4.1% |
| Built 2010 to 2019 | 13.3% ±5.3 pts | 28.1% |
| Built 1939 or earlier | 0.8% ±1.4 pts | 2.1% |
| Households with no vehicle | 6.3% ±5.3 pts | 3.1% |
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 506.01 get to work?
62.0% of Census Tract 506.01's workers drive alone and 31.5% work from home. The average trip to work takes 27.0 minutes.
| Measure | Tract 506.01 | Franklin |
|---|---|---|
| In the labor force (age 16+) | 62.1% ±7.5 pts | 68.9% |
| Unemployment rate | 0.9% ±1.0 pts | 2.2% |
| Drove alone to work | 62.0% ±10.1 pts | 61.9% |
| Carpooled | 4.9% ±3.9 pts | 5.5% |
| Public transportation | 0.0% ±1.5 pts | 0.1% |
| Walked | 0.0% ±1.5 pts | 0.8% |
| Worked from home | 31.5% ±9.0 pts | 30.4% |
| Mean travel time to work | 27.0 min ±3.4 | 23.9 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 506.01 compare with the other tracts in Williamson County?
Among Williamson County's tracts with a reliable estimate, Census Tract 506.01 ranks as shown below (1 = highest).
| Measure | In Williamson County | In Franklin |
|---|---|---|
| Population | 16th of 46 | 5th of 19 |
| Residents per square mile | 31st of 46 | 15th of 19 |
| Median household income | 36th of 45 | 14th of 18 |
| Per capita income | 22nd of 46 | 7th of 19 |
| Median home value | 28th of 46 | 11th of 19 |
| Median gross rent | 28th of 34 | 16th of 18 |
| Poverty rate | 13th of 14 | 5th of 6 |
| Bachelor's degree or higher | 28th of 46 | 12th of 19 |
| Median age | 22nd of 46 | 6th of 19 |
| Owner-occupied share | 41st of 46 | 15th of 19 |
The tracts next to it on Williamson County's income ladder
| Tract | Rank | Median household income |
|---|---|---|
| Tract 507.02 | 33rd | $112,214±$38,684 · within the margin of this tract |
| Tract 501.03 | 34th | $107,569±$17,453 · within the margin of this tract |
| Tract 502.11 | 35th | $101,986±$14,784 · within the margin of this tract |
| Tract 506.01 | 36th | $99,858±$41,169 |
| Tract 506.03 | 37th | $99,028±$31,904 · within the margin of this tract |
| Tract 505.03 | 38th | $96,029±$21,764 · within the margin of this tract |
| Tract 503.04 | 39th | $94,729±$37,479 · 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 506.01?
2 of the 18 figures for Census Tract 506.01 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