Last updated: 2024 BLS data · Page refreshed:
Institute has a population of 521 with a median age of 26.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 521 |
| Median Age | 26.8 |
| White | 47.4% |
| Black or African American | 43.2% |
| Hispanic or Latino | 8.4% |
| Other / Two or More Races | 1.0% |
The median household income in Institute is $42,315, which is 47.5% below the national median of $80,610. The per capita income is $18,940. The poverty rate is 20.6%.
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In Institute, 97.4% of residents age 25+ have a high school diploma or higher, and 37.7% hold a bachelor's degree or higher (8.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 97.4% |
| Bachelor's Degree or Higher | 37.7% |
| Graduate or Professional Degree | 8.6% |
| Housing Metric | Value |
|---|---|
| Median Monthly Rent | $1,000 |
| Homeownership Rate | 63.6% |
| Vacancy Rate | 26.7% |
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