Census tract · Grand Traverse County
Census Tract 5506.03, Grand Traverse County, Michigan
Census Tract 5506.03, GEOID 26055550603, in Grand Traverse County, Michigan, mostly within Paradise Township (89% of its census blocks). 2,253 residents in the ACS 2020-2024 5-year estimates (±331); the 2020 Census counted 2,307.
Residents, 2020-2024
2,253
±331 (90% margin)
2020 Census count: 2,307
Median household income
$69,777
±$6,913 (90% margin)
Grand Traverse County: $81,647
Median home value
$261,500
±$19,738 (90% margin)
Grand Traverse County: $339,400
Median gross rent
$988
±$275 (90% margin)
Grand Traverse County: $1,288
Where is Census Tract 5506.03?
Census Tract 5506.03 is one of 24 census tracts in Grand Traverse County, Michigan. It covers 24.20 square miles of land, 95 residents per square mile in 2020. Its GEOID, 26055550603, names it uniquely (how tract numbers and GEOIDs work).
| Place | Share of the tract |
|---|---|
| Paradise Township | 89% |
| Kingsley | 20% |
| Blair Township | 5% |
| East Bay Township | 5% |
| Mayfield Township, Grand Traverse County | 2% |
3 census tracts border Census Tract 5506.03: Tract 5502 ($88,152), Tract 5503 ($78,314) and Tract 5506.02 ($88,750). 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 5506.03?
The 2020-2024 American Community Survey puts Census Tract 5506.03's population at 2,253 (±331) in 785 households; the 2020 Census counted 2,307 residents and 945 housing units.
| Measure | Tract 5506.03 | Paradise Township |
|---|---|---|
| Total population | 2,253 ±331 | 5,023 |
| Households | 785 ±126 | 1,645 |
| Average household size | 2.84 ±0.37 | 3.02 |
| Housing units | 963 ±155 | 1,984 |
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 5506.03?
The median resident of Census Tract 5506.03 is 38.8 years old; 28.1% are under 18 and 15.8% are 65 or older. The largest group is non-Hispanic white residents at 86.7%, then Hispanic or Latino residents (of any race) at 7.1%.
| Measure | Tract 5506.03 | Paradise Township |
|---|---|---|
| Median age | 38.8 ±5.6 | 37.0 |
| Under 18 years | 28.1% ±5.0 pts | 31.5% |
| 65 years and over | 15.8% ±3.9 pts | 15.2% |
| Hispanic or Latino (any race) | 7.1% ±6.6 pts | 3.8% |
| White alone, not Hispanic | 86.7% ±8.4 pts | 91.1% |
| Black or African American alone, not Hispanic | 0.0% ±1.3 pts | 0.0% |
| Asian alone, not Hispanic | 0.0% ±1.3 pts | 0.0% |
| American Indian and Alaska Native alone, not Hispanic | 0.0% ±1.3 pts | 0.0% |
| Native Hawaiian and Other Pacific Islander alone, not Hispanic | 0.0% ±1.3 pts | 0.0% |
| Two or more races, not Hispanic | 6.2% ±6.0 pts | 5.1% |
| Some other race alone, not Hispanic | 0.0% ±1.3 pts | 0.0% |
| Born outside the United States | 0.2% ±0.3 pts | 0.7% |
| Speak a language other than English at home (age 5+) | 0.9% ±0.9 pts | 0.5% |
| Civilian veterans (age 18+) | 6.5% ±2.4 pts | 11.0% |
| With a disability | 18.2% ±4.5 pts | 13.3% |
| No health insurance coverage | 1.5% ±1.0 pts | 7.9% |
| High school graduate or higher (age 25+) | 97.3% ±1.8 pts | 96.3% |
| Bachelor's degree or higher (age 25+) | 22.1% ±6.2 pts | 19.4% |
| Graduate or professional degree (age 25+) | 6.5% ±3.3 pts | 5.7% |
| Lived in the same house a year earlier | 95.9% ±2.2 pts | 87.3% |
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 5506.03 earn?
Half of the 785 households in Census Tract 5506.03 earn less than $69,777 a year (±$6,913), against $81,647 across Grand Traverse County: 18th highest of the county's 23 tracts with a reliable estimate. 9.1% of residents live below the poverty line.
| Measure | Tract 5506.03 | Paradise Township |
|---|---|---|
| Median household income | $69,777 ±$6,913 | $74,084 |
| Mean household income | $82,449 ±$9,056 | $88,973 |
| Per capita income | $30,126 ±$3,015 | $30,046 |
| People below the poverty line | 9.1% ±3.4 pts | 6.3% |
| Children under 18 below the poverty line | 3.4% ±2.9 pts | 1.3% |
| Households receiving SNAP | 9.9% ±5.1 pts | 6.4% |
| Households with a computer | 91.3% ±6.1 pts | 94.8% |
| Households with a broadband subscription | 88.5% ±6.8 pts | 86.5% |
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 5506.03?
Owners occupy 77.5% of Census Tract 5506.03's occupied homes and renters 22.5%. The median owner-occupied home is valued at $261,500 by its owner (±$19,738). The median renter pays $988 a month including utilities, and 43.4% of renters pay 35% or more of their income on rent.
| Measure | Tract 5506.03 | Paradise Township |
|---|---|---|
| Median home value (owner-occupied) | $261,500 ±$19,738 | $265,800 |
| Median gross rent | $988 ±$275 | $1,080 |
| Renters paying 35% or more of income on rent | 43.4% ±18.0 pts | 27.1% |
| Median monthly owner costs, with a mortgage | $1,394 ±$82 | $1,348 |
| Owner-occupied homes | 77.5% ±7.5 pts | 80.2% |
| Renter-occupied homes | 22.5% ±7.5 pts | 19.8% |
| Housing units | 963 ±155 | 1,984 |
| Single-family detached homes | 71.0% ±8.6 pts | 75.1% |
| Mobile homes | 25.5% ±8.1 pts | 22.2% |
| Built 2020 or later | 0.0% ±3.1 pts | 0.2% |
| Built 2010 to 2019 | 6.0% ±3.7 pts | 4.3% |
| Built 1939 or earlier | 7.7% ±4.6 pts | 6.7% |
| Households with no vehicle | 7.5% ±4.3 pts | 4.7% |
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 5506.03 get to work?
81.4% of Census Tract 5506.03's workers drive alone and 9.6% work from home. The average trip to work takes 24.7 minutes.
| Measure | Tract 5506.03 | Paradise Township |
|---|---|---|
| In the labor force (age 16+) | 64.3% ±7.4 pts | 67.2% |
| Unemployment rate | 2.4% ±1.8 pts | 5.3% |
| Drove alone to work | 81.4% ±5.9 pts | 81.6% |
| Carpooled | 6.4% ±4.3 pts | 7.0% |
| Public transportation | 1.4% ±1.5 pts | 0.7% |
| Walked | 1.2% ±1.3 pts | 0.5% |
| Worked from home | 9.6% ±4.5 pts | 10.1% |
| Mean travel time to work | 24.7 min ±3.0 | 27.7 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 5506.03 compare with the other tracts in Grand Traverse County?
Among Grand Traverse County's tracts with a reliable estimate, Census Tract 5506.03 ranks as shown below (1 = highest).
| Measure | In Grand Traverse County |
|---|---|
| Population | 22nd of 23 |
| Residents per square mile | 20th of 23 |
| Median household income | 18th of 23 |
| Per capita income | 21st of 23 |
| Median home value | 17th of 22 |
| Median gross rent | 17th of 19 |
| Poverty rate | 8th of 16 |
| Bachelor's degree or higher | 22nd of 23 |
| Median age | 19th of 23 |
| Owner-occupied share | 14th of 23 |
The tracts next to it on Grand Traverse County's income ladder
| Tract | Rank | Median household income |
|---|---|---|
| Tract 5514 | 15th | $73,125±$12,393 · within the margin of this tract |
| Tract 5507.02 | 16th | $72,659±$16,061 · within the margin of this tract |
| Tract 5505 | 17th | $70,944±$13,484 · within the margin of this tract |
| Tract 5506.03 | 18th | $69,777±$6,913 |
| Tract 5511 | 19th | $69,015±$10,774 · within the margin of this tract |
| Tract 5513.02 | 20th | $63,750±$12,284 · within the margin of this tract |
| Tract 5512 | 21st | $58,720±$8,622 |
"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 5506.03?
3 of the 18 figures for Census Tract 5506.03 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