Census tract · Indian River County
Census Tract 507.04, Indian River County, Florida
Census Tract 507.04, GEOID 12061050704, in Indian River County, Florida, mostly within West Vero Corridor (54% of its census blocks). 3,855 residents in the ACS 2020-2024 5-year estimates (±751); the 2020 Census counted 3,244.
Residents, 2020-2024
3,855
±751 (90% margin)
2020 Census count: 3,244
Median household income
$79,583
±$12,863 (90% margin)
Indian River County: $73,491
Median home value
$354,500
±$27,824 (90% margin)
Indian River County: $351,500
Median gross rent
$1,769
±$133 (90% margin)
Indian River County: $1,357
Where is Census Tract 507.04?
Census Tract 507.04 is one of 45 census tracts in Indian River County, Florida. It covers 3.53 square miles of land, 920 residents per square mile in 2020. Its GEOID, 12061050704, names it uniquely (how tract numbers and GEOIDs work).
| Place | Share of the tract |
|---|---|
| West Vero Corridor | 54% |
6 census tracts border Census Tract 507.04: Tract 502.02 ($66,500), Tract 507.02 ($81,771), Tract 507.06 ($95,227), Tract 507.08 ($62,106), Tract 507.09 ($63,775) and Tract 509.05 ($88,500). 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 507.04?
The 2020-2024 American Community Survey puts Census Tract 507.04's population at 3,855 (±751) in 1,651 households; the 2020 Census counted 3,244 residents and 1,818 housing units.
| Measure | Tract 507.04 | West Vero Corridor |
|---|---|---|
| Total population | 3,855 ±751 | 10,461 |
| Households | 1,651 ±179 | 5,588 |
| Average household size | 2.33 ±0.38 | 1.85 |
| Housing units | 1,796 ±191 | 6,846 |
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 507.04?
The median resident of Census Tract 507.04 is 60.4 years old; 11.5% are under 18 and 40.1% are 65 or older. The largest group is non-Hispanic white residents at 89.6%, then Hispanic or Latino residents (of any race) at 7.5%. 6.8% of residents were born outside the United States.
| Measure | Tract 507.04 | West Vero Corridor |
|---|---|---|
| Median age | 60.4 ±5.9 | 67.8 |
| Under 18 years | 11.5% ±4.0 pts | 8.0% |
| 65 years and over | 40.1% ±6.3 pts | 55.8% |
| Hispanic or Latino (any race) | 7.5% ±4.3 pts | 6.9% |
| White alone, not Hispanic | 89.6% ±5.0 pts | 86.4% |
| Black or African American alone, not Hispanic | 0.5% ±0.8 pts | 3.3% |
| Asian alone, not Hispanic | 0.9% ±1.3 pts | 0.1% |
| American Indian and Alaska Native alone, not Hispanic | 0.0% ±1.4 pts | 0.4% |
| Native Hawaiian and Other Pacific Islander alone, not Hispanic | 0.0% ±1.4 pts | 0.0% |
| Two or more races, not Hispanic | 1.2% ±1.3 pts | 2.6% |
| Some other race alone, not Hispanic | 0.3% ±0.5 pts | 0.2% |
| Born outside the United States | 6.8% ±2.9 pts | 6.3% |
| Speak a language other than English at home (age 5+) | 8.0% ±3.9 pts | 8.6% |
| Civilian veterans (age 18+) | 17.8% ±8.3 pts | 13.6% |
| With a disability | 21.2% ±4.9 pts | 25.0% |
| No health insurance coverage | 4.7% ±2.8 pts | 4.8% |
| High school graduate or higher (age 25+) | 97.0% ±1.8 pts | 97.3% |
| Bachelor's degree or higher (age 25+) | 30.6% ±8.5 pts | 34.0% |
| Graduate or professional degree (age 25+) | 13.9% ±5.3 pts | 15.1% |
| Lived in the same house a year earlier | 90.1% ±5.1 pts | 81.9% |
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 507.04 earn?
Half of the 1,651 households in Census Tract 507.04 earn less than $79,583 a year (±$12,863), against $73,491 across Indian River County: 16th highest of the county's 43 tracts with a reliable estimate. 9.6% of residents live below the poverty line.
| Measure | Tract 507.04 | West Vero Corridor |
|---|---|---|
| Median household income | $79,583 ±$12,863 | $61,927 |
| Mean household income | $94,224 ±$12,083 | $83,808 |
| Per capita income | $42,385 ±$7,113 | $46,921 |
| People below the poverty line | 9.6% ±4.6 pts | 10.8% |
| Children under 18 below the poverty line | 16.7% ±21.9 pts | 9.9% |
| Households receiving SNAP | 6.2% ±3.9 pts | 8.3% |
| Households with a computer | 97.5% ±2.2 pts | 97.7% |
| Households with a broadband subscription | 80.6% ±8.3 pts | 85.8% |
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 507.04?
Owners occupy 70.5% of Census Tract 507.04's occupied homes and renters 29.5%. The median owner-occupied home is valued at $354,500 by its owner (±$27,824). The median renter pays $1,769 a month including utilities, and 61.9% of renters pay 35% or more of their income on rent.
| Measure | Tract 507.04 | West Vero Corridor |
|---|---|---|
| Median home value (owner-occupied) | $354,500 ±$27,824 | $216,400 |
| Median gross rent | $1,769 ±$133 | $1,706 |
| Renters paying 35% or more of income on rent | 61.9% ±14.6 pts | 56.2% |
| Median monthly owner costs, with a mortgage | $1,827 ±$170 | $1,649 |
| Owner-occupied homes | 70.5% ±7.2 pts | 72.7% |
| Renter-occupied homes | 29.5% ±7.2 pts | 27.3% |
| Housing units | 1,796 ±191 | 6,846 |
| Single-family detached homes | 58.4% ±7.9 pts | 30.5% |
| Mobile homes | 1.4% ±2.2 pts | 33.0% |
| Built 2020 or later | 5.8% ±3.0 pts | 3.0% |
| Built 2010 to 2019 | 28.0% ±8.9 pts | 14.2% |
| Built 1939 or earlier | 0.0% ±2.9 pts | 1.2% |
| Households with no vehicle | 7.6% ±4.0 pts | 5.5% |
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 507.04 get to work?
79.8% of Census Tract 507.04's workers drive alone and 11.2% work from home. The average trip to work takes 28.3 minutes.
| Measure | Tract 507.04 | West Vero Corridor |
|---|---|---|
| In the labor force (age 16+) | 37.7% ±8.9 pts | 31.0% |
| Unemployment rate | 2.2% ±2.7 pts | 5.7% |
| Drove alone to work | 79.8% ±8.1 pts | 68.9% |
| Carpooled | 4.4% ±3.3 pts | 6.4% |
| Public transportation | 1.4% ±2.6 pts | 0.0% |
| Walked | 0.0% ±4.1 pts | 1.1% |
| Worked from home | 11.2% ±5.0 pts | 20.9% |
| Mean travel time to work | 28.3 min ±4.9 | 28.1 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 507.04 compare with the other tracts in Indian River County?
Among Indian River County's tracts with a reliable estimate, Census Tract 507.04 ranks as shown below (1 = highest).
| Measure | In Indian River County | In West Vero Corridor |
|---|---|---|
| Population | 21st of 43 | 3rd of 6 |
| Residents per square mile | 32nd of 44 | 4th of 6 |
| Median household income | 16th of 43 | 2nd of 6 |
| Per capita income | 21st of 43 | 4th of 6 |
| Median home value | 15th of 42 | 1st of 6 |
| Median gross rent | 12th of 37 | 3rd of 6 |
| Poverty rate | 14th of 25 | 4th of 6 |
| Bachelor's degree or higher | 20th of 42 | 4th of 6 |
| Median age | 19th of 43 | 4th of 6 |
| Owner-occupied share | 32nd of 43 | 5th of 6 |
The tracts next to it on Indian River County's income ladder
| Tract | Rank | Median household income |
|---|---|---|
| Tract 509.03 | 13th | $87,167±$25,985 · within the margin of this tract |
| Tract 506.03 | 14th | $86,373±$8,271 · within the margin of this tract |
| Tract 507.02 | 15th | $81,771±$15,718 · within the margin of this tract |
| Tract 507.04 | 16th | $79,583±$12,863 |
| Tract 506.02 | 17th | $79,083±$10,450 · within the margin of this tract |
| Tract 506.05 | 18th | $79,050±$26,819 · within the margin of this tract |
| Tract 503.05 | 19th | $75,168±$25,427 · 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 507.04?
2 of the 18 figures for Census Tract 507.04 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