With 8,351 people, Farm Pond is a neighborhood in Charlotte. The median age is 27.4, younger than the US median of 38.9. 26% of homes are owner-occupied. 9% of adults hold a bachelor's degree, below the 36% national rate. The foreign-born share is 39%. That trails the Charlotte median by roughly 41%. These figures are approximated by combining the 2 census tracts that make up Farm Pond; the Census Bureau does not tabulate data for neighborhoods directly.
At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 27.4
US median: 38.9
Less educated
9% hold a bachelor's degree
US average: 36%
Renter-heavy
26% owner-occupied
US average: 65%
Section 01
Population & growth
Total population
8,351
Population density
6,499 / sq mi
US average: 281
Median age
27.4
US average: 38.9
Land area
1.29 sq mi
Section 02
Income & economy
Median household income
$48,123
US average: $82,259
Per capita income
$18,369
US average: $44,673
Households earning $100K+
18.8%
US average: 53.3%
Poverty rate
13.4%
US average: 12.5%
Income inequality (Gini)
0.326
US average: 0.476
Workforce by industry, 2024
Wholesale trade22.8%
US avg: 6.9%
Information14.9%
US avg: 10.8%
Retail trade9.3%
US avg: 9.9%
Finance & insurance8%
US avg: 5.9%
Professional, scientific, technical7.6%
US avg: 5.1%
Other services4.7%
US avg: 6.7%
Public administration4.3%
US avg: 4.8%
Transportation & warehousing2.4%
US avg: 2.2%
Arts, entertainment, food1.1%
US avg: 1.9%
Education & health services0.4%
US avg: 0.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 03
Housing
Median home value
$269,285
US average: $376,019
Median gross rent
$1,293
US average: $1,442
Owner-occupied
26.1%
73.9% rent
Vacancy rate
5.2%
US average: 10.0%
Persons per household
3.12 people
US average: 2.54
Owner cost-burdened
40.7%
US average: 22.9%
Renter cost-burdened
63.7%
US average: 47.4%
Afford Score
5.6
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Section 04
Race & ethnicity
2024
White, non-Hispanic7.3%(609)
Black38.1%(3,180)
Hispanic / Latino44.2%(3,690)
Asian6.5%(539)
Other4%(333)
2024
White, non-Hispanic7.3%(609)
Black38.1%(3,180)
Hispanic / Latino44.2%(3,690)
Asian6.5%(539)
Other4%(333)
Diversity Score
81
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.