CENSUS TRACT
Census Tract 407
North Carolina · Alexander County · 6,851 residents · 15.534 sq mi
Notable rankings
#185highest population in NC6,851#398lowest low rent in NC$793#417highest old in NC48.6 yrsTRACT SHAPE · Alexander County, NC
The short version
Census Tract 407 has roughly average household income, with a median household income of $74,161. Population has held roughly steady since 2020. Median home value is $254,600. With a median age of 48.6, the population is older than the US median of 38.9.
At a glance
Lower income
below the US median
US median: $82,259
Older
median age 48.6
US median: 38.9
Average education
31% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01
Population & growth
Total population
6,851
−1%since 2020
from 6,934 in 2020
2020 – 2024
Population density
441 / sq mi
−1%since 2020
from 446 / sq mi in 2020
US average: 281
Median age
48.6
+2%since 2020
from 47.8 in 2020
US average: 38.9
Population, 2020 – 2024
20247K
Section 02
Income & economy
Median household income
$74,161
−9%inflation adjusted, since 2020
from $66,875 in 2020
US average: $82,259
2020 – 2024
Per capita income
$39,188
+9%since 2020
from $35,798 in 2020
US average: $44,673
Households earning $100K+
49.0%
+5.5 ptssince 2020
from 43.4% in 2020
US average: 53.3%
Poverty rate
12.4%
+3.0 ptssince 2020
from 9.4% in 2020
US average: 12.5%
Income inequality (Gini)
0.427
−1%since 2020
from 0.433 in 2020
US average: 0.476
Workforce by industry, 2024
Retail trade19.3%
Finance & insurance8.5%
Wholesale trade6.6%
Professional, scientific, technical6.5%
Information5.5%
Transportation & warehousing2.7%
Other services2.5%
Public administration2.2%
Education & health services2%
Arts, entertainment, food1%
Agriculture, forestry, fishing0%
Construction0%
Manufacturing0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
Median home value
$254,600
+9%inflation adjusted, since 2020
from $192,700 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$793
−13%inflation adjusted, since 2020
from $749 in 2020
US average: $1,442
Owner-occupied
86.0%
+0.1 ptssince 2020
from 86.0% in 2020
14.0% rent
Vacancy rate
8.6%
+0.7 ptssince 2020
from 7.9% in 2020
US average: 10.0%
Owner cost-burdened
16.1%
−4.6 ptssince 2020
from 20.7% in 2020
US average: 22.9%
Renter cost-burdened
42.5%
+9.7 ptssince 2020
from 32.8% in 2020
US average: 47.4%
Afford Score
3.4
+19%since 2020
from 2.9 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 407 on RentDataNow
Section 04
Race & ethnicity
2020
White, non-Hispanic92.8%(6,436)
Black0%(0)
Hispanic / Latino3.2%(220)
Asian3.8%(264)
Other0.2%(14)
Diversity Score17%(1,179)
2024
White, non-Hispanic91%(6,232)
Black0%(0)
Hispanic / Latino4.2%(291)
Asian4%(277)
Other0.7%(51)
Diversity Score21.1%(1,448)
Diversity Score
21
+24%since 2020
from 17 in 2020
2020 – 2024
Section 05
Education
Bachelor's degree or higher
31.0%
+5.0 ptssince 2020
from 26.0% in 2020
US average: 35.6%
High school or higher
89.9%
+1.7 ptssince 2020
from 88.2% in 2020
US average: 89.6%
Graduate degree
8.5%
+0.8 ptssince 2020
from 7.7% in 2020
US average: 14.0%
Section 06
Commute & transportation
Average commute
27.1 min
+12%since 2020
from 24.2 min in 2020
US average: 26.5
Drive alone to work
85.3%
−0.4 ptssince 2020
from 85.7% in 2020
US average: 68.9%
Carpooled to work
6.2%
−1.4 ptssince 2020
from 7.6% in 2020
US average: 8.5%
Public transit
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
6.7%
+2.4 ptssince 2020
from 4.4% in 2020
US average: 15.0%
Walked to work
0.6%
−0.3 ptssince 2020
from 0.9% in 2020
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
2.2%
+0.9 ptssince 2020
from 1.3% in 2020
US average: 8.3%
Section 07
Work & employment
Unemployment rate
5.7%
+1.6 ptssince 2020
from 4.1% in 2020
US average: 5.2%
Labor force participation
51.9%
−5.0 ptssince 2020
from 56.9% in 2020
US average: 63.5%
Self-employed
13.5%
+5.0 ptssince 2020
from 8.6% in 2020
US average: 13.1%
Management & professional
44.9%
+7.3 ptssince 2020
from 37.6% in 2020
US average: 42.5%
Section 08
People & community
Male
48.5%
−2.2 ptssince 2020
from 50.7% in 2020
Female
51.5%
+2.2 ptssince 2020
from 49.3% in 2020
Foreign born
4.0%
−0.2 ptssince 2020
from 4.2% in 2020
US average: 14.1%
Veterans
5.5%
−1.1 ptssince 2020
from 6.5% in 2020
US average: 6.2%
With a disability
19.3%
+5.2 ptssince 2020
from 14.1% in 2020
US average: 13.3%
Uninsured
6.9%
−2.9 ptssince 2020
from 9.8% in 2020
US average: 8.4%
Broadband at home
87.9%
−0.2 ptssince 2020
from 88.1% in 2020
US average: 91.0%
English only at home
94.4%
−0.5 ptssince 2020
from 94.9% in 2020
US average: 77.7%
Spanish at home
3.3%
+1.4 ptssince 2020
from 1.9% in 2020
US average: 13.6%
Drill deeper
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Compare Census Tract 407 to nearby tracts
CENSUS TRACT 407 VS
Census Tract 103.02
Income$78,167+5%
Home value$323,900+27%
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CENSUS TRACT 407 VS
Census Tract 105.02
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Home value$386,600+52%
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CENSUS TRACT 407 VS
Census Tract 103.01
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CENSUS TRACT 407 VS
Census Tract 313.02
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Frequently asked
How many people live in this census tract?
this census tract has about 6,851 residents according to the 2024 American Community Survey.
What is the median household income in this census tract?
The typical household in this census tract earns about $74,161 a year. Half of households make more than that, and half make less.
Is this census tract expensive?
In this census tract, the median home is worth about $254,600, and the typical rent is about $793 a month.
How educated are people in this census tract?
About 31.0% of adults age 25 and over in this census tract hold a bachelor's degree or higher.
What is the poverty rate in this census tract?
About 12.4% of people in this census tract live below the federal poverty line.
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Containing area
Alexander CountyOther census tracts in Alexander County
Census Tract 405Census Tract 404Census Tract 406Census Tract 402Census Tract 403Census Tract 401DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024